Sensex drops 400 points, Nifty opens below 24,100

Quick Summary:

Indian stock markets opened higher on Monday, driven by gains in Tata Motors and Asian Paints, but traded with caution ahead of key corporate earnings reports.

Despite the initial surge, technical indicators suggest continued market volatility and consolidation in the near term.

On Friday, the markets closed on a slightly lower note as the Sensex dipped 55.47 points to 79,486.32, while Nifty50 fell 51.15 points to settle at 24,148.20.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: India

Topics: Corporate earnings reports BSE Sensex Oil and Natural Gas Corporation Sensex jumps 400 points Stock market Nifty50 index Tata Motors Business news Market consolidation HDFC Securities

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 11:54:41 (4 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 680 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 23510375

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