HomeNewsVideosBusinessMarketsLive: HDFC bank ADR slumps post Q3 earnings – Buy, sell or hold? Asian Paints, LTIMindtree in focus

Trending Topics

Sensex Today

Bajaj Housing Finance Share

Wockhardt Share Price

Vodafone Idea Shares

Bharat Dynamics Shares

Live: HDFC bank ADR slumps post Q3 earnings – Buy, sell or hold? Asian Paints, LTIMindtree in focus

Indian equity market has retreated on profit taking and weak global cues. Experts expect consolidation and normal profit booking to continue in the index with immediate support at 21,900-21,800 and crucial support at 21,500 mark, given the recent rally towards a new high, whereas in case of rebound, the immediate hurdle is expected to be at 22,200 levels. On January 16, the benchmark indices snapped five-day gains. The BSE Sensex was down 199 points at 73,129, while the Nifty 50 fell 65 points to 22,032 and formed bearish candlestick pattern on the daily charts. This morning global cues are subdued with weak cues from Wall Street as comments from US Federal Reserve dashes hopes of early rate cut. The Gift Nifty is hinting at a start below the 22,000 mark. Nifty Bank will be in focus as HDFC Bank may weigh following a 7% slump in ADR overnight. Catch Nandita Khemka in conversation with Kaitav Shah, Lead BFSI Analyst, Anand Rathi Institutional Equities and Aamar Deo Singh, Senior Vice President, Angelone.

Moneycontrol News

TAGS: #Nifty #Sensex #share market #stock market #Stocks to buy #video

first published: Jan 17, 2024 08:41 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On:

instagram

youtube

News

Business New Market New Stocks Income Tax Calculator Election Schedule 2024 India News Economy Mutual Funds Personal Finance IPO News Startups New USA Elections New

Features

Gold Rate Today Silver Rate Today Trending News Startups New National News MC Videos MC You Tube

Tools

SIP Calculator 2 SIP Calculator 3 SIP Calculator 1 New SIP Calculator 4

Specials

PowerYourTrade Master Your Money Game Changers

Network 18 Sites

News18 Firstpost CNN News18 CNBC TV18 Forbes History TV18

Personal Finance

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker Fixed Deposits Fixed Deposit Comparison Fixed Income Account Aggregator

Quick Links

About Us New Contact Us Advisory Alert New Advertise with Us New Disclaimer Privacy Policy Cookie Policy Terms & Conditions Careers Financial Terms (Glossary) Analytical & Information Tool New

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.