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Market guide: Nifty may consolidate; Fed minutes, Orient Tech IPO eyed

Business Standard LogoBusiness Standard7h ago

Market guide: Nifty may consolidate; Fed minutes, Orient Tech IPO eyed - Business Standard

Quick Summary:

At around 7:10 AM, GIFT Nifty futures were down 11 points at 24,696 level.

On the downside, the pivotal zone 24600-24500 is anticipated to act as a support level for any short-term decline, followed by the 20-day EMA positioned around 24400.

As per NSE data, on Tuesday, August 20, Foreign Institutional Investors (FII) were net sellers of Indian equities worth Rs 1,457.96 crore.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 07:34:03 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 605 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22187666

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 257 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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