Benchmark indices, Sensex and Nifty, extended their losses for a third consecutive day led by weakness in energy, realty names. After a mid-week holiday, markets will resume trade on October 3, with new challenges at its front. The escalating tensions in Middle East coupled with Sebi's new rules for tightening the F&O segment. Experts expect Nifty to face resistance at 26,000, with support around 25,500. This morning global cues are mixed. US markets ended on a flat note, while Japanese markets drove gains for Asian markets on weakening yen. Brent crude continued to hold gains after Israel vowed retaliatory attack against Iran's missile attack. Among stocks in focus, watch out for Dabur, Marico, South Indian Bank, among others. Catch Lovisha Darad in conversation with Chandan Taparia, Senior Vice President, Head - Derivatives & Technical Research, Motilal Oswal and Nirav R Karkera—Head of Research, Fisdom.
first published: Oct 3, 2024 09:07 am
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