Stock Market Today: Indian benchmark indices Sensex and Nifty indices indicated negative opening on November 26. In today’s trading session, GIFT is trading around 24,297 on Nifty Broader Index. The Indian equity market continued the previous session’s rally and ended on a strong note on November 25 with Nifty above 24,200 after the BJP-led Mahayuti alliance got a clear mandate in the Maharashtra elections. In the last trading session, the Sensex had closed at 80,109.85, up 1.25 percent. Whereas Nifty closed at 24,221.90 with a gain of 1.32 percent.
Stay connected to Moneycontrol to know what is happening in currency and equity markets today. Here we present to you a list of today’s important news trending across all news platforms that may impact the Indian and international markets.
gift nifty
GIFT indicates a negative start for Nifty in today’s trading session. Nifty futures were trading around 24,297.
Key levels for Nifty 50:
Support based on pivot points: 24,319, 24,370 and 24,453
Resistance based on pivot points: 24,154, 24,103 and 24,020
global market signals
There is a good sign for the market today. FIIs bought in cash after 38 sessions. Cut for the second consecutive day. Yesterday a huge fall of 3 percent was seen in crude. Dow Jones closed at a record high, although the broader Nifty traded with slight weakness. The Dow closed at a record high for the second consecutive day. The S&P 500 closed at a new high yesterday. This increase was due to the election of Scott Besant as Treasury Secretary.
RBC Capital on S&P500
RBC Capital said on the S&P 500 a 5-10% correction is possible before another uptrend.
there is pressure in crude
Crude oil prices have fallen by 3 percent in a single day. The price of Brent has slipped below $73. WTI price slipped below $69. A ceasefire is possible between Israel and Hezbollah. The meeting of OPEC+ countries will be held on 1 December. OPEC+ may stop increasing production from January.
Will the war end soon?
A ceasefire is possible between Israel and Hezbollah. Announcement of ceasefire is possible in the coming days. Even amid negotiations, artillery and rocket attacks continue. Israel’s security cabinet will vote on Tuesday.
Asian market
Today mixed business is being seen in the Asian market. Gift Nifty is trading with a decline of 64.00 points. At the same time, Nikkei is seen falling by 1.36 percent to around 38,260.38. Whereas Straits Times is showing a weakness of 0.33 percent. Taiwan markets are trading 0.83 percent lower at 22,762.72. At the same time, Hang Seng is seen at the level of 19,239.13 with a strength of 0.46 percent. At the same time, Kospi is trading 0.54 percent down at 2,520.78. At the same time, Shanghai Composite is trading at 3,271.79, up 8.03 points or 0.25 percent.
US bond yield
The 10-year Treasury yield in the US rose 27 basis points to 4.28 percent. At the same time, the 2-year bond yield in America has fallen to 4.26 percent.
dollar index flat
The US dollar rose against its major rivals on Tuesday after President-elect Donald Trump said he would sign an executive order imposing a 25% tariff on all goods coming into the United States from Mexico and Canada.
FII and DII statistics
After selling in the last 38 sessions, on November 23, foreign institutional investors bought Rs 9,947.55 crore in Indian markets. At the same time, domestic institutional investors sold Rs 6,907.97 crore on this day.
Upcoming shares in F&O ban
Restricted counterparties under the F&O segment include firms whose derivatives exposure exceeds 95 per cent of the market-wide position limit.
New stock included in F&O ban: Neel
F&O restrictions
