At current levels, the NSE Nifty is on course to log its longest (9th) weekly losing streak since April 2001, shows market data. Technical analyst expect support around the psychological 22,000-mark.
Middle East crude exports have rebounded to 17.5 million bpd, or about 98 per cent of pre-war levels. However, the recovery in refined products is much weaker.
Stock market crash: Analysts flag October rate hike fears, low liquidity, high oil prices, persistent FIIs selling and a long-weekend as some of the key reasons for the market fall on Thursday.
Ajit Mishra reckons that the near-term structure of the market remains weak. The analyst sees strength in Engineers India, and weakness in ONGC on charts.
Stocks to buy today: Chandan Taparia of Motilal Oswal flags formation of a 'bullish' candle, and respect of the 50-DEMA support as the key positive factors for Paytm stock on technical charts.
The Nifty is about 12% below its 52-week high, while 18 of its 50 stocks have fallen more than 20% from their peaks, collectively erasing ₹31.35 lakh crore in market value.
Nifty 50 matches its seven-week losing streak during the 2020 Covid crash as elevated crude prices, rising US Treasury yields and weak foreign flows weigh on equities
Mid- and small-cap stocks have pulled ahead of the Nifty 50 in 2026, with the performance gap reaching its widest level of the year. But analysts say the rally is becoming more selective
Technical analysts flag presence of multiple hurdles in the 24,000-24,200 region for the Nifty; on the downside, they expect immediate support at 23,800.
A hawkish signal from Warsh could trigger further correction in gold towards the $4,500-$4,520 support zone, although downside may remain limited ahead of next week's US nonfarm payroll data.
Nifty posts its sixth straight loss as fading hopes of an end to the Iran war keep crude prices elevated and push global bond yields higher, hurting risk appetite.
Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty, an early performance indicator of the benchmark Nifty50's performance, was trading with marginal gains
While India's benchmark Nifty 50 still has some distance to cover before it returns to its January peak, midcap stocks have almost completely erased their losses, according to an analysis by Abakkus
Sensex Today | Stock Market Highlights, Monday: In the broader markets, both the Nifty MidCap and the Nifty SmallCap settled 1.21 per cent and 1.29 per cent higher, respectively
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.35 per cent and 0.56 per cent down, respectively
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.82 per cent and 1.48 per cent higher, respectively
