Stay updated with the latest news and articles about Markets today.
In today's trading session, Indian equities witnessed a modest uptick, with both the Sensex and Nifty 50 managing to close in positive territory. However, markets this week ended with a positive note, with both Sensex and Nifty up more than 0.5%.
Caution is advised in initiating new long positions until the index surpasses the crucial 21,950 levels which pose significant resistance, according to technical experts.
According to analysts, one can consider buying the index on every dip as the trend is our friend and presently the trend is on the higher side.
US markets overnight ended largely in the red after the Federal Reserve announced a 25 bps rate hike.
Indian stock markets today are expected to witness a flat opening as signalled by the SGX Nifty.
RBI’s monetary policy today remains a key trigger for the Indian markets today.
The Sensex and Nifty on Thursday remained volatile and ended the session in the red, despite a sharp recovery intraday.