Stock Market Today, Nifty falls to 24,850, & Sensex crashes by 1,017 points, with every sector experiencing a decline.
Nifty Daily Chart.
Sensex fell by 202.80 points, ending at 82,352.64, while the Nifty dropped by 81.10 points to reach 25,198.70. Among the total shares, 1,852 advanced, 1,935 declined, and 90 stayed the same.
| Top Nifty gainers | Asian Paints JSW Steel Bajaj Finance LTIMindtree Divis Labs |
| Top Nifty Losers | SBI HCL Technologies NTPC ICICI Bank BPCL. |
The BSE Smallcap index finished higher, whereas the Midcap index saw a slight decline.
Stock Prediction for 09th September 2024.
| STOCK | Good Above | Weak Below |
| BERGEPAINT | 600 | 593 |
| JSWSTEEL | 938 | 923 |
| JUBLFOOD | 650 | 643 |
| MFSL | 1130 | 1114 |
Prediction for Monday: NIFTY may rise if it surpasses 25,000 or fall below 25,800, but this will largely depend on global market signals.
On Sept 06, Nifty started the day steady but then dropped by about 280 points. It’s now near an important support level between 24,800 and 24,500. We think this support will hold, so we’re still positive in the short term. The next resistance is expected between 25,000 and 25,500.
| Highest Call Writing at | 25,000 (71.8 Lakhs) |
| Highest Put Writing at | 24,800 (47.8 Lakhs) |
Nifty Support and Resistance
| Support | 24,800 and 24,500 |
| Resistance | 25,000 and 25,500 |
Bank Nifty Daily Chart.
Prediction for Monday: BANKNIFTY may rise if it surpasses 51,500 or fall below 50,500, but this will largely depend on global market signals.
On Sept 06, Bank Nifty showed strong performance, closing in positive territory and standing out after recent underperformance. We expect the Bank Nifty to lead in the near term, with anticipated levels ranging from 51,900 to 52,000. The crucial support is located between 51,500 and 51,100.
| Highest Call Writing at | 51,500 (43.5 Lakhs) |
| Highest Put Writing at | 50,500 (15.5 Lakhs) |
Bank Nifty Support and Resistance
| Support | 50,500 and 50,000 |
| Resistance | 51,500 and 52,000 |
