Market texture is weak but oversold and experts say that for the traders now, 200 day SMA (Simple Moving Average) or 23500 for Nifty -50 index and 77500 for Sensex would act as a sacrosanct support zo

On the 30-share Sensex platform, NTPC, Tata Motors and Infosys dominated in green. On the other side, Tata Steel, M&M, Adani Ports, SBI and JSW Steel emerged among the losers for the day

The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,235 level, a premium of nearly 10 points from the Nifty futures’ previous close.

Stock Market Today: 46 out of the 50 constituent stocks ended in the red, dragged down by Britannia, BEL, NTPC, Asian Paints, and HDFC Bank

Indian stock markets opened slightly lower on Thursday, continuing a downward trend driven by corporate earnings downgrades, higher inflation, and foreign fund outflows. Analysts suggest the downturn might persist until February,

The trends on Gift Nifty indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,215 level, a discount of nearly 80 points from the Nifty futures’ previous close.

Apollo Hospitals, HDFC Life, SBI, and TCS were the only four Nifty50 constituent stocks to manage to settle in the green on Thursday