As of 10:34 AM IST, both Nifty and Sensex have shown signs of recovery after hitting their intraday lows earlier in the trading session. Despite a sluggish start, with Nifty and Sensex down by 0.06% and 0.12% respectively, the indices have begun to claw back losses.
Nifty 50 Index:
- Current Level: 24,734.35 (-0.06%)
- Open: 24,664.95
- High: 24,745.35
- Low: 24,567.65
- Previous Close: 24,749.85
Nifty hit an intraday low of 24,567.65 before recovering 166.7 points (0.67%) from the day’s low, currently trading at 24,734.35. Early selling pressure saw Nifty dip, but buyers stepped in at lower levels, leading to a sharp recovery toward the day’s high.
Sensex Index:
- Current Level: 80,905.94 (-0.12%)
- Open: 80,749.26
- High: 80,928.83
- Low: 80,409.25
- Previous Close: 81,006.61
Similarly, Sensex rebounded after hitting a low of 80,409.25, recovering 496.69 points (0.61%) to reach 80,905.94. The index managed to trim its losses after facing initial selling pressure, showing signs of resilience in mid-morning trade.
The broader market is witnessing selective buying, with some sectors showing strength. Investors are closely monitoring global cues and sectoral performance, particularly in financials and IT. The indices are expected to stay volatile as market participants await further signals.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial advice. Investors are advised to conduct their own research or consult a financial advisor before making any investment decisions. The author and publication are not responsible for any actions taken based on this information.
