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Market Update: Today's Sharp fall
The stock market saw a steep fall today, with Sensex and Nifty dropping significantly. Here are the main reasons behind the decline:
1οΈβ£ Weak Global Cues: Concerns about global economic slowdown and geopolitical tensions impacted investor confidence.
2οΈβ£ Sector-Wide Selling: Heavy selling across sectors intensified the bearish momentum.
3οΈβ£ Disappointing Q3 Updates: Weak preliminary Q3 results from companies raised concerns about earnings growth.
4οΈβ£ FPI Selling and Strong Dollar: Foreign investors turned net sellers, and a stronger dollar added pressure on emerging markets.
5οΈβ£ Virus Fears: Renewed fears of virus outbreaks led to increased risk aversion.
Stay cautious and adopt a disciplined approach during these volatile times.
Good morning dear friends have a great day and week ahead π ποΈ
Nifty and Bank Nifty Technical Support and Resistance Levels for today (06th Jan 2025)
π« Nifty Spot (Intraday S/R)
LTP : 24004
Resistance : 24150 -- 24200
Support : 23950 -- 23900
π« "*Bank Nifty SPOT (S/R)**
LTP : 50988
Resistance : 51300--51400
Support : 50600--50500
More we will update during Mid Market do keep following us!
*Good morning dear friends have a great day and week ahead* π ποΈ
Nifty and Bank Nifty Technical Support and Resistance Levels for today (06th Jan 2025)
π« *Nifty Spot (Intraday S/R)*
LTP : 24004
Resistance : 24150 -- 24200
Support : 23950 -- 23900
π« *Bank Nifty SPOT (S/R)*
LTP : 50988
Resistance : 51300--51400
Support : 50600--50500
*More we will update during Mid Market do keep following us!*
π« Stocks in BAN for today's trade (06th Jan 2025)
1 MANAPPURAM
2 RBLBANK
Team Indian Market View
Nifty and Bank Nifty Technical Support and Resistance Levels for the upcoming week (06th to 10th Jan 2025)
π Nifty Spot (Weekly S/R)
LTP : 24004
Resistance : 24250 -- 24300
Support : 23750 -- 23650
π Bank Nifty SPOT (Weekly S/R)
LTP : 50988
Resistance : 51700--52000
Support : 50600--50500
Intraday levels we will update on daily basis so keep following us!
Team Indian Market View
Nifty and Bank Nifty Technical Support and Resistance Levels for today (03rd Jan 2025)
π Nifty SPOT (Intraday S/R)
LTP : 24188
Resistance : 24300--24350
Support : 23980--23930
π Bank Nifty SPOT (Intraday S/R)
LTP : 51605
Resistance : 51750--51900
Support : 51350--51250
More we will update during Mid Market. So keep following us!
Good morning dear friends have a great day ahead π ποΈ
π°π° FII's & DII's Buying and Selling Figure Yesterday (02nd Jan 2025)
FII's: +1506.75 Cr : Net Buyers π’
DII's: +22.14 Cr : Net Buyers π’
π« Stocks in BAN for today's trade (03rd Jan 2025)
1 MANAPPURAM
2 RBLBANK
Team Indian Market View
π Happy New Year 2025! π
Wishing you all a prosperous and successful year ahead!
Please note, On this joyous occasion, our team is taking a well-deserved break today to celebrate with family and friends. Regular trading calls and updates will resume from tomorrow.
Thank you for trusting us and being a part of our journey. Hereβs to achieving new heights together in 2025!
Team Indian Market View
(SEBI Reg. No. INH000010371)
Good morning dear friends have a great day and year ahead π ποΈ
Nifty and Bank Nifty Technical Support and Resistance Levels for today (01st Jan 2025)
π Nifty Spot (Intraday S/R)
LTP : 23669
Resistance : 23750--23850
Support : 23550--23450
π Bank Nifty SPOT (S/R)
LTP : 50884
Resistance : 51100--51200
Support : 50700--50600
More we will update during Mid Market. So keep following us!
π°π° FII's & DII's Buying and Selling Figure Today (31st Dec 2024)
FII's: -4645.22 Cr : Net Sellers π΄
DII's: +4546.73 Cr : Net Buyers π’
π« Stocks in BAN for tomorrow's trade (01st Jan 2025)
NIL
Team Indian Market View
