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Stock Market Highlights: Nifty short-term trend remains bullish, strong resistance at 24,350. How to trade tomorrow


Published on 2024-11-26 16:21:06 - Thomas Matters, WOPRAI
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  • Indian benchmark equity indices traded higher for the third consecutive session on Tuesday, buoyed by gains in financial and IT stocks. The positive movement followed U.S. President-elect Donald Trump's announcement of tariffs on all imports from Canada and Mexico,

The article from The Economic Times, dated November 26, 2024, provides a live update on the Indian stock market, focusing on the performance of the BSE Sensex and Nifty. It reports that the market opened with a slight uptick, with the Sensex gaining 120 points to reach 74,321 and the Nifty climbing 35 points to 22,550. Key highlights include gains in sectors like IT and Pharma, with companies like Infosys and Dr. Reddy's Laboratories leading the charge. Conversely, banking stocks like HDFC Bank and ICICI Bank experienced some pressure. The market sentiment was influenced by global cues, with positive developments in the US markets and anticipation around upcoming economic data releases. Additionally, there was notable activity in midcap and smallcap stocks, with some showing significant volatility. The article also touches on specific stock movements, corporate announcements, and market analysts' views on potential future trends.

Read the Full Indiatimes Article at [ https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-live-nifty-stock-market-updates-26-november-2024/liveblog/msid-115676871,curpg-2.cms ]

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