Nifty last close: 24273.80 (-0.58%)
The Indian equity indices ended weak on May 8 as investors remained concern over escalating tensions between India and Pakistan
Sixteen civilian lives have been lost, including three women and five children, due to Pakistani firing India
Sensex was down 411.97 points or 0.51 percent at 80,334.81
Nifty was down 140.60 points or 0.58 percent at 24,273.80
Except IT and Media, all other sectoral indices ended in the red
Metal, oil & gas, pharma, PSU Bank, auto, consumer durables, realty down 1-2 percent
The BSE midcap index shed 1.9 percent and smallcap index fell 1 percent
Rupee ends at 85.71/$ against Wednesday’s close of 84.83/$
Rupee posts biggest single session decline against $ since February 2023
Bank Of England (BoE) Cuts Interest Rates By 25 bps To 4.25% from 4.5%
FIIs continued their buying on 16th consecutive session on May 8 as they bought equities of Rs 2,007 crore
On the other hand, Domestic institutional investors (DIIs) sold equities of Rs 596 crore on same day
US stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain
The Dow Jones Industrial Average rose 254.48 points, or 0.62%
S&P 500 gained 32.66 points, or 0.58%, to 5,663.94
Nasdaq Composite gained 189.98 points, or 1.07%
Asian markets were set to higher opening
Nikkei up 1.5% and Hangseng down 0.25%
GiftNifty indicates a gap down opening for the index
Nifty is facing a intraday resistance 24300 and 24340
If stays above 24340 finding a next resistance 24400
Stay caution at higher levels
Nifty considering a supports 24240 and 24200
Below 24200 finding a next supports 24100 and 24000
Updated : 09.00 am / 09th May 2025
