Nifty last close: 22544.70 (+0.93%)
Stocks extended gains to take benchmark Nifty 50 to a two-week high above 22,500 level
Indian indices opened higher but erased the gains in the first hour
only to rebound on buying across sectors, regaining the losses to end near day’s high
At close, the Sensex was up 609.86 points or 0.83 percent at 74,340.09
Nifty 50 was up 207.40 points or 0.93 percent at 22,544.70
Midcap index rose 0.6 percent and smallcap index added 1.6 percent
All the sectoral indices ended in the green expect the real estate index
FMCG, metal, oil & gas, pharma rising between 1-2 percent
FIIs extended their selling on March 6 as they sold equities worth Rs 2377 crore
DIIs bought equities worth Rs 1617 crore, on the same day
Wall Street stocks finished lower on Thursday
Nasdaq confirming it has been in a correction since December
Trump delays Canada, Mexico tariffs for goods under trade pact
The development comes a day after Trump exempted automotive goods from the tariffs
China vows to uphold stability as Trump reshapes world order
Dow Jones Industrial Average fell 427.51 points, or 0.99%, to 42,579.08
S&P 500 lost 104.11 points, or 1.78%
Nasdaq Composite lost 483.48 points, or 2.61
The yield on 10-year Treasuries shed 40 basis point to 4.26%
The US dollar wallowed near a four-month low on Friday as ever-shifting tariff policies
Dollar index around 104
Asian markets were set to lower opening
Nikkei down 1.85% and Hangseng up 0.25%
GiftNifty indicating flat opening for the index
Nifty is facing a intraday resistance 22580 and 22620
If stays above22620 will try to move 22700
On other side, Nifty considering a supports 22500 and 22460
Below 22460 finding a next support around 22400
Updated: 09.02 am / 07th March 2025
