Moneycontrol
HomeNewsVideosBusinessMarketsLive: Will bulls resume upward march after a day-long break? Can SpiceJet revive Go First?
Trending Topics
Sensex Today
Tata Steel Shares
Indigo Shares
GPT Infraprojects Shares
Bharat Dynamics Shares

Live: Will bulls resume upward march after a day-long break? Can SpiceJet revive Go First?

After a sharp rally in the previous couple of sessions, it was a lackluster trade for the Indian market on December 18. However, the index being near its record high and maintaining its previous day's closing low, it seems that the momentum still lies with the bulls. Hence, experts see some more consolidation in the coming days, before the market gets into a strong mood with the resistance at 21,500 and support at 21,200 levels. On December 18, the benchmark indices retreated a bit with the BSE Sensex falling 169 points to 71,315, while the Nifty50 declining 38 points to 21,419. The India VIX, the fear index jumped to the highest level in the current financial year, making the bulls a bit uncomfortable. The VIX rose by 5.88 percent to 13.90 levels. This morning global cues are mixed with Wall Street notching overnight gains and Asian markets fixed ahead of BoJ decision. The GIFT Nifty is hinting at another muted session. Also among stocks in focus today, we put the spotlight on ONGC, RIL, Apollo Tyres, Nestle, Devyani International, Archean Chemicals among others. Catch Nandita Khemka in conversation with Sacchitanand Uttekar, Vice president- Research (Derivatives And Technicals) At TradeBulls Securities and Dhiraj Mathur IAS(Retd), Independent Director and Aviation Expert, Former Partner PwC and leader of Aero & Defence practice.

Moneycontrol News
December 19, 2023 / 08:32 IST
Story continues below Advertisement
Remove Ad

Moneycontrol News
TAGS: #BSE #NSE #stockmarket #stocks #tradebulls #video
first published: Dec 19, 2023 08:32 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: Facebook twitter instagram linkedin youtube
Trending Topics
Sensex Today Population Census ICICI Prudential AMC IPO GMP Andhra Bus Accident Happy Birthday Rajinikanth Shivraj Patil Small cap stocks Sheikh Hasina Shivangi Singh Gold Price
News
Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups
Markets
Home Currencies Commodities Pre-Market IPO Global Market Bonds
Personal Finance
Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker New Fixed Deposits Fixed Deposit Comparison Fixed Income
Mutual Funds
Home MC 30 Top Ranked Funds ETFs Mutual Fund Screener
Tools
Income Tax Calculator EMI Calculator Retirement Planning Gratuity Calculator Petrol Price in India Diesel Price in India IFSC Code
Community
Stock Markets
Network 18 Sites
News18 Firstpost CNBC TV18 News18 Hindi Cricketnext Overdrive
Quick Links
About Us Contact Us Advisory Alert Advertise with Us Disclaimer Privacy Policy Cookie Policy Terms & Conditions Financial Terms (Glossary) Sitemap Investors
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.