Mkts stage biggest swing in 6 months
Hindustan Times Lucknow|December 14, 2024
Market may have some more steam left until benchmarks hit resistance levels
Ram Sahgal

MUMBAI: India's stock benchmarks staged the sharpest intraday recovery in six months on Friday, supported by foreign investors snapping up large-cap stocks. With bulls in pole position, analysts expect the Nifty to trend up early next week to cross the 25,000-mark, where it is expected to face stiff resistance.

The last time Nifty and Sensex swung through a larger range was on June 5, a day after the Lok Sabha election results showed a third term for the National Democratic Alliance (NDA) government.

The Nifty closed up 0.9% at 24,768.30 while the Sensex closed up 1.04% at 82,133.12, as foreign institutional investors (FIIs) net purchased shares worth a provisional ₹2,335.32 crore, even as DIIs net sold a provisional ₹732.2 crore worth of shares. Analysts anticipate a sharper rally on Monday as both indices closed near the day's highs.

Before the recovery, however, the Nifty gyrated 611.50 points or 2.5% between the day's low of 24,180.80 and the high of 24,792.30. This was the sharpest swing since June 5 when the bellwether swung 878 points or 4%. From a low of 21,884.5 on June 4, the Nifty rose 20% to hit a life-high of 26,277.35 on September 27.

この記事は Hindustan Times Lucknow の December 14, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Hindustan Times Lucknow の December 14, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

HINDUSTAN TIMES LUCKNOWのその他の記事すべて表示
Hindustan Times Lucknow

MOVE AGAINST FEDERALISM, WILL ALTER BASIC STRUCTURE: OPPN

Opposition leaders on Tuesday launched a scathing attack on the bills introduced in the Lok Sabha that propose simultaneous elections to the Lower House and state assemblies, arguing that the legislation undermines federalism, violates the Constitution's basic structure, was introduced without adequate consultation with states and envisions an impractical scenario.

time-read
1 min  |
December 18, 2024
Hindustan Times Lucknow

'OTT IS NOW ABOUT STARS, COMEBACKS'

Actor Divya Dutta speaks about how good writing and good casting is the star for her, irrespective of the medium

time-read
1 min  |
December 18, 2024
Hindustan Times Lucknow

Zakir Hussain matlab tabla: Pandit Hariprasad Chaurasia on Ustad's death

Pandit Hariprasad Chaurasia, the legendary classical flautist and music director, is unable to believe that Ustad Zakir Hussain has passed away at \"such a young age,\" he tells HT City.

time-read
1 min  |
December 18, 2024
Hindustan Times Lucknow

When Chay flew to Mumbai

Following their wedding on December 4, actor-couple Naga Chaitanya and Sobhita Dhulipala have opened up about their relationship for the first time.

time-read
1 min  |
December 18, 2024
Hindustan Times Lucknow

'OTT IS NOW ABOUT STARS, COMEBACKS'

Actor Divya Dutta speaks about how good writing and good casting is the star for her, irrespective of the medium

time-read
1 min  |
December 18, 2024
Hindustan Times Lucknow

When Chay flew to Mumbai

Following their wedding on December 4, actor-couple Naga Chaitanya and Sobhita Dhulipala have opened up about their relationship for the first time.

time-read
1 min  |
December 18, 2024
Hindustan Times Lucknow

Grit in the tail frustrates the hosts, India avoid follow-on

Like in 2021, there was defiance in the damp air of Gabba as Deep and Bumrah steer India towards a likely draw on Day 4

time-read
3 分  |
December 18, 2024
Hindustan Times Lucknow

Zakir Hussain matlab tabla: Pandit Hariprasad Chaurasia on Ustad's death

Pandit Hariprasad Chaurasia, the legendary classical flautist and music director, is unable to believe that Ustad Zakir Hussain has passed away at \"such a young age,\" he tells HT City.

time-read
1 min  |
December 18, 2024
Hindustan Times Lucknow

How the challenge of batting in Oz changed

KOOKABURRA RELEASED A REDESIGNED BALL FOR TESTS IN 2021 THAT WAS SUPPOSED TO MAKE THE GAME MORE EXCITING, BUT IT HAS ONLY MADE BATTING MORE DIFFICULT

time-read
3 分  |
December 18, 2024
Hindustan Times Lucknow

Jhulan Goswami stand: Another historic moment at Eden Gardens

KOLKATA: At 6.58pm on a misty winter evening near the Eden Gardens change rooms, Jhulan Goswami took the stage. And said she was speechless.

time-read
2 分  |
December 18, 2024