The S&P BSE SENSEX fell 387.73 points, or 0.47%, to close to 82,626.23, while the NSE Nifty 50 fell 96.55 points or 0.38%to settle at 25.327.05.
Here is how analysts read the market pulse:
“The Indian stock market witnessed profit booking after a persistent multi-Session meeting, driven by anticipation of the FED that starts a relaxation cycle,” said Vinod Nair, head of research at Geojit Investments. He added that positive developments in trade negotiations in the US and India and improved global liquidity conditions continued to support investor sentiment.
“Tegen de achtergrond van het versterken van de binnenlandse fundamentals en een verzwakkende Amerikaanse dollar, lijkt het milieu bevorderlijk voor een potentieel rendement van FII’s na een langdurige fase van netto -uitstromen. Sectorale rotatie was duidelijk, met PSU -banken, metalen en farmaceutische aandelen die de winsten leiden, terwijl het, FMCG en particuliere banken,” Nair toegevoegd.
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American markets
The most important benchmarks from Wall Street locked on record highs for a second consecutive session on Friday, with trade volumes that achieve their strongest levels since April, after FedEx shares had been climbed on cheerful income. Seven of the 11 S&P sector indices have made progress, although energy shares weigh on the market. The industrial average of Dow Jones rose 172.85 points, or 0.37%, to 46,315.27. The S&P 500 added 32.40 points, or 0.49%, to 6,664.36, while the Nasdaq composite achieved 160.75 points, or 0.72%, up to 22,631.48.
European markets
European shares did not change much on Friday, which closed an eventful week on a subdued note, because the sentiment was dominated by a series of important decisions from the central bank, including the generally expected rate reduction of the US Federal Reserve.
The Pan-European Stoxx 600 fell 0.04% to 554.81, making it flat the week.
Tech View
In technical terms, the Nifty slipped on Friday after forming a hanging man pattern in the previous session, Rupak said, senior technical analyst at LKP Securities, and added: “While the short -term trend continues to function the bulls, a mild pullback from the current level sees possible.”
“At the bottom, support is placed on 25,150, including the trend. If the index manages to stay above 25,150, it can go to 25,500. A decisive movement above 25,500 can then open the road to 26,000,” said the.
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Most active shares in terms of turnover
Adani Power (RS 6.031 CRORE), Swiggy (RS 3.026 CRORE), HDFC Bank (RS 3.022 CRORE), Redington (RS 2.460 CRORE), Bharti Airtel (RS 2.206 CRORE), Netweb Technologies (RS 2.096), and Adani), and Adani EnterTtTerTtTentmentt Were Among the most active shares on the BSE in value terms. Higher activity in a counter in value terms helps to identify the shares with the highest trade turnover of the day.
Most active shares in volume terms
Vodafone Idea (214.72 crore shares), yes bank (11.60 crore -shares), Adani Power (8.63 crore -shares), Suzlon Energy (8.46 crore -shares), Redington (8.02 crore -shares), IOB (7.85 crore) were one of the) one of the) one of the) one of the) one of the) one of the) shares) and shares) one of the) one of the shares) of the one of the shares) of the shares) of the one of the shares). Shares in volume shares in the NSE.
Shares with buying interest
Shares of Adani Power, Glenmark Life, Anant Raj, Netweb Technologies, Tanla Platforms, Vodafone Idea and IPCA Labs belonged to the shares that witnessed a strong purchase interest rate of market participants.
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52 weeks Highs
More than 162 shares today hit their 52 -week highlights, while 60 shares slid to their lows of 52 weeks. Remarkable shares that reached their 52-week highs were Eternal and Maruti Suzuki.
Shares that see sales pressure
Stocks witnessed considerable sales pressure were HCL Tech, M&M, Icici Bank, Titan Company, Nestle India, Kotak Bank and Hul.
Sentiment meter: neutral
Market sentiment remained neutral. Of the 4,316 shares that were traded on the BSE on Friday, 2,111, 2,037 fell advanced and 168 remained unchanged.
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(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)
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