Stock Market LIVE Updates | Nifty 50 looks to remain above 22,000 ahead of US Fed meet this week

Mar 18, 2024
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homemarket NewsStock Market LIVE Updates | GIFT Nifty indicates a gap down start for Nifty 50, Sensex

Summary

Stock Marker LIVE Updates | Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 22,023.35, while Sensex ended at 72,643.43. Railtel, Adani Group stocks, Aditya Birla Fashion, Cromptoj Greaves, Lupin, Amber Enterprises, Aurobindo Pharma, SJVN, RVNL, IRCON, HAL, are among the stocks in focus today.

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By CNBCTV18.com Mar 18, 2024 8:53 AM IST (Updated)

Stock Market LIVE Updates | GIFT Nifty indicates a gap-down start for Nifty 50, Sensex

Stock Market LIVE Updates | Adani Ports: Arbitral Tribunal Passes Consent Award In Arm AVPPL Vs Kerala Government Case

Mar 18, 2024 8:53 AM

Stock Market LIVE Updates | MARKETBUZZ PODCAST: 22,000 Key Nifty 50 Level To Watch, Fed Policy This Week And More

As Gift Nifty suggests a start in the green, a key question is if the Nifty will continue to hold on to the 22,000 level after the worst week in five months. Tune in to the podcast for cues

Tune in here!

Mar 18, 2024 8:52 AM

Stock Market LIVE Updates | Here’s Why HAL Is In Focus Today

Gets ₹2,890 crore order from Defence Ministry from Mid Life upgrade of 25 Dornier Aircraft of Indian Navy.

Mar 18, 2024 8:49 AM

Stock Market LIVE Updates | Aditya Birla Fashion In Focus Today

Gets no objection letter from BSE, NSE on scheme of merger of company with TCNS Clothing. Effectiveness of the scheme will be subject approval of the NCLT & other necessary approvals.

Mar 18, 2024 8:41 AM

Stock Market LIVE Updates | RailTel Is In Focus Today

The company won an order worth ₹352 crore from the BMC for supply, operations and maintenance of HMIS, which is the health department of the municipal body. It has also won a ₹130 crore order in Bihar.

Mar 18, 2024 8:29 AM

Stock Market LIVE Updates | LIC, Reliance, ONGC, HAL, Lupin And More: Stocks To Watch Today

Mar 18, 2024 8:19 AM

Stock Market LIVE Updates | Here Are All The Global Cues You Need To Track Today

Mar 18, 2024 8:11 AM

Editor’s Take | Prashant Nair Shares His Views On The Market

On Friday, Smallcap Index bounced into the green while Nifty ended -0.5%

US risk sentiment fizzled on Friday; SPX -0.65%, Nasdaq -0.96%

Slightly softer tier-2 data & massive amount of options expiring @ play

Yields & Dollar ended flat; US 10y yield @ 4.30%, Dollar Index @ 103.40

This week: 14 Central Bank decisions, 6+ look live

March FOMC decision on Wednesday is the key highlight

Big risk is if Fed sends a hawkish signal at the meeting

Markets also expecting Bank of Japan to hike interest rates

A hike by BoJ will be the first since 2007, could be significant

Nifty once again defended the 40-day EMA, i.e, 21,987

On the way down, support at 21,860-21,905

Bank Nifty closed exactly at the support line i.e, 46,495

Support for Bank Nifty comes in at 45,980

Mar 18, 2024 7:54 AM

Stock Market LIVE Updates | Coforge Board Approves Raising Rs 3,200 Crore Via Institutional Share Sale

Coforge Ltd., formerly known as NIIT Technologies, has approved raising funds to the tune of ₹3,200 crore after its board meet on Saturday, the company said in an exchange filing.

The company will raise these funds through a Qualified Institutional Placement (QIP) meaning issuing shares to eligible institutional shareholders.

Read more here

Mar 18, 2024 7:52 AM

Stock Market LIVE Updates | Asian Stocks Gain Led by Japan on BOJ Rate Hike Momentum

Asian stocks climbed, led by Japanese shares into a week that includes policy decisions from the Bank of Japan and Federal Reserve which will likely set the near-term direction for global markets.

The MSCI Asia Pacific Index advanced in early Asian trading, lifted by a rally in Japan amid a slightly weaker yen. The tech-heavy Nikkei 225 index jumped the most in a month. Hong Kong shares and those on the mainland were little changed ahead of a swath of activity data due Monday. US equity futures rose after the S&P 500 fell 0.7% on Friday.

Read more here

Mar 18, 2024 7:24 AM

Stock Market LIVE Updates | Nifty 50, Sensex Likely To Open In The Red

Mar 18, 2024 7:00 AM

Stock Market LIVE Updates | Nifty Fights To Hold 22,000 After Worst Week In Five Months, Fed Meet Key

The most asked questions every 60 days are back – “Will they, or will they not?” “If not, then when?” These questions bring the US Federal Reserve into the spotlight every two months. And while India’s markets have mostly turned insulated from what the Fed does, every decision still has a sentimental impact nonetheless.

This comes on the back of the Nifty witnessing its worst week since October last year. The index declined 2% in the week dominated by the sell-off in the broader markets. Both the Nifty Midcap and Smallcap index declined over 5% last week, which was their worst since December 2022. Although they did manage to recover some of their losses over Thursday and Friday, which may give the bulls some hope in the upcoming week.

Read today’s trade setup here

Mar 18, 2024 6:36 AM

Welcome to CNBC-TV18’s blog, as we give you a roundup of stock market updates and news coverage of the lineup of TV guests, in-house researchers, editors and reporters.

Mar 18, 2024 6:34 AM

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