Is the market ready for a rally? Discover the latest trends in Nifty, Bank Nifty, and stock-specific moves as FIIs drive optimism. Stay ahead with today's actionable insights !
In this episode of Indian Market in Minutes from the Motilal Oswal Research Desk, Shivangi Sarda breaks down the market trends for Tuesday, December 10th, 2024. Here's what you’ll learn:
Global Update: Positive cues from Asian markets and hopes for favorable RBI policies.
Nifty Performance: Volatility continues, with a 100-point range and a small-bodied candle closing.
Key Levels to Watch:Nifty: Resistance at 24700–24850; support at 24400–24500.
Bank Nifty: Upside potential toward 54467 with support at 53250.
FIIs Activity: Net buying worth ₹724 crores indicates bullish sentiment.
Stocks to Watch:Bullish Picks: Supreme Industries, Angel One, Wipro, Max Healthcare.
Bearish Trends: Marico, Asian Paints, Havells, Tata Consumer.
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Key segments cover technical insights, FII activity, index actionable, and sectors to watch, highlighting Nifty's potential highs, volatility impact, and strong stocks.
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