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Profit-taking ahead? Gift Nifty, Asian markets hint at negative open

Business Standard LogoBusiness Standard4d ago

Profit-taking ahead? Gift Nifty, Asian markets hint at negative open - Business Standard

Quick Summary:

FIIs net index long-short ratio crosses 2-mark; retail investors up short positions.

All Strikes from 23,500 until 23,750, saw call writers (Bears) exiting and put writing, which led the steady up move in the Nifty on Wednesday.

Pre-stock market update for Thursday, June 27, 2024: The record-breaking rally may run into some kind of resistance today on account of the monthly futures & options (F&O) expiry and weak cues from Asian peers.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 07:19:24 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 971 words

Reading Time: 6 minutes read

Sentences: 53 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 21397711

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 309 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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