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Share Market News Today | Sensex, Nifty, Share Prices LIVE: The benchmark equity indices opened in the positive territory. The NSE Nifty 50 gained 88.45 points or 0.41% to settle at 21,605.80, while the BSE Sensex opens higher by 322.33 points or 0.45% to 71,678.93. The broader indices opened in mx, with gain led by Largecap and Smallcap stocks. Bank Nifty index gains over 100 points or 0.21% in opening trade to settle at 47,805.40
11:27 (IST) 4 Jan 2024 Derivative Markets View
“Nifty weekly contract has highest open interest at 22000 for Calls and 21500 for Puts while monthly contracts have highest open interest at 22000 for Calls and 21000 for Puts. Highest new OI addition was seen at 21600 for Calls and 21250 for Puts in weekly and at 22000 for Calls and 20800 for Puts in monthly contracts. FIIs decreased their future index long position holdings by 1.25%, increased future index shorts by 9.90% and in index options by 31.65% decrease in Call longs, 27.39% decrease in Call short, 29.33% decrease in Put longs and 17.27% decrease in Put shorts,” said Anand James, Chief Market Strategist at Geojit Financial Services.
10:37 (IST) 4 Jan 2024 BSE Stocks update today
On the Bombay Stock Exchange (BSE), a comprehensive total of 2,233 stocks were actively traded. Among these, 2,393 stocks demonstrated upward movements, 729 experienced declines, and 111 stocks maintained their existing positions without any change. Notably, 269 stocks reached their 52-week high, underscoring positive market sentiment, while only 5 stocks touched their 52-week low, indicating a limited downside for these specific securities.
10:14 (IST) 4 Jan 2024 Bank Nifty view
“The Bank Nifty experienced significant volatility on the day of the weekly expiry, maintaining a bearish trend as long as it stays below the key level of 48000. The index, however, managed to sustain above its 20-day moving average (20DMA) support at 47688. It is crucial for the index to hold this level, as a decisive break below it could intensify the selling pressure in the market. Traders should closely monitor the movements around 48000 and 47688 for potential trend changes and trading opportunities,” said Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities.
09:54 (IST) 4 Jan 2024 Early gainers on Nifty
Bajaj Finance, NTPC, Bajaj Finserv, Tata Consumer Products, and Tata Motors are the top gainers on Nifty 50 index.
09:32 (IST) 4 Jan 2024 Technical View
Commenting on the Technical outlook of Rupak De, Senior Technical Analyst at LKP Securities, said, The Nifty dipped below the support level of 21650, resulting in a decline towards 21500. The prevailing sentiment appears weak, highlighted by the index closing below the crucial support at 21650. If it continues to drop below 21500 in the upcoming days, it could potentially exacerbate the negative sentiment, especially with expectations of substantial unwinding by put writers below 21500. The broader market outlook suggests a sell-on-rise strategy as long as it stays below 21650.
09:16 (IST) 4 Jan 2024 Markets at open
The NSE Nifty 50 gains 88.45 points or 0.41% to settle at 21,605.80 during the opening trade, while the BSE Sensex opens higher by 322.33 points or 0.45% to 71,678.93.
09:01 (IST) 4 Jan 2024 F&O Ban
The NSE has added Balrampur Chini Mills, Delta Corp, Hindustan Copper, Indian Energy Exchange, National Aluminium, SAIL, and Zee Entertainment to its F&O ban list for January 4, 2024.
08:44 (IST) 4 Jan 2024 FII, DII Data
Foreign institutional investors (FII) sold shares worth net Rs 666.3 crore, while domestic institutional investors (DII) offloaded shares worth net Rs 862.9 crore on January 04, 2023, according to the provisional data available on the NSE.
08:36 (IST) 4 Jan 2024 US Dollar
The US Dollar Index (DXY), which measures the value of the dollar against a basket of six foreign currencies, traded down by 0.08% at 102.41.
08:16 (IST) 4 Jan 2024 Asian Markets
Shares in the Asia-Pacific region are trading mostly in negative territory on Thursday morning. The Asia Dow is trading down by 1.72%, Japan’s Nikkei 225 is red, down by 2%, Hong Kong’s Hang Seng index is trading down by 0.85% and the benchmark Chinese index Shanghai Composite is trading higher by 0.17%.
08:09 (IST) 4 Jan 2024 Crude Oil
WTI crude prices are trading at $73.01 up by 0.42%, while Brent crude prices are trading at $78.36 up by 0.14%, on Thursday morning.
07:58 (IST) 4 Jan 2024 Wall Street
U.S. bonds and stocks extended their New Year rout as traders looked to the minutes of the Fed’s last meeting to see if rate cut wagers were too aggressive, reported Bloomberg. The tech-heavy Nasdaq Composite dipped 162.52 points or 1.10% at 14,603.42. The S&P 500 dropped by 34.24 points or 0.72% at 4,708.59, while the Dow Jones Industrial Average ended lower by 285.66 or 0.76%.
