The benchmark BSE Sensex closed 147.79 points or 0.20% at 75,449.05, while the wider Nifty 50 index closed at 22,907.60, which is 73.30 points or 0.32%.
Here’s how analysts read the market pulse:
“As part of the recent correction, the local market continued its positive pace,” said Vinod Nayar, a research head of the GeoGit Financial Services.
“Recovery procurement was widespread, when the government attracted attention to metal stocks after the government decided to impose taxes on steel imports. In light of trade uncertainties and growth concerns, today’s Fed policy and this comment will be eagerly observed to get signs on interest rates.”
Also read | 5w Wall L Street Moggles who reject Bitcoin as Fed! Yo – Guess what they say now!
US
The main index of Wall L Street grew on Wednesday before the Federal Reserve’s widely expected monetary policy decision, at which time when it is concerned about their impact on trade policies and the economy.
The new economic estimates of the policies will be focused on the idea that US President Donald Trump’s policies will affect economic growth, inflation and unemployment.
Technical view
LKP Senior Technical Analyst DE, Senior Technical Analyzer of Securities said that the index has been closing above 21 EMA for the last two days, and confirmed the boom, however, the senior technical analyst of the LKP Securities said that Nifty is favoring Bulls, Bulls. Technical analyst metaphor Dee added that the index has been closing above 21ema for the last two days, and confirms the boom trend.
“RSI is in bullish crossover and rising. In the short term, the trend is likely to remain positive, with potential consolidation in the next two to three days. Support is placed at 22,600. At the high end, the resistance is placed at 23100-23150,” DE said.
Also read | Explained: Why are banks worth billions from London to New York amidst Trump Tariff fear
Most active stocks in terms of turnover
Mazagon Dock Shipbuilders (Rs 3,261 crore), BSE (Rs 2,233 crore), Reliance Industries Limited (Rs 2,016 crore), ICICI Bank (RS 1,470 crore), HDFC Bank (RS 1,470 crore), and RS. 1,323233233330 crore) Most active stocks on NSE in terms of value. High activity in the counter in terms of value can help identify counters with the highest trading turnover a day.
The most active stocks in terms of volume
Vodafone Idea (Traded Shares: 68.18 crore), Easy Trip Planners (Traded Shares: 12.67 crore), JP Power (Traded Shares: 10.01 crore), Yes Bank: 9.97 crore), Suzlon Energy (Trade Shares), Trade Shares (Trade Shares), Trade Shares) In terms of volume actively traded stocks.
Stocks showing the purchase interest
Shares of GRSE, Tunla Platform, HBL Power, KNR Constructions, Techno Electric & Engineering, Mazagon Dock Shipbuilders and JP Power were in stocks that saw strong interest in buying from market participants.
52 weeks
Today, more than 81 stocks have hit their 52-week .In. 154 stocks, while 154 stocks have fallen to their 52-week low. Those who hit their 52 -week .This are Kotak Mahindra Bank and Bajaj Finance.
Stokes by looking at the pressure of sale
Mastek Limited, Craftsman Automation, Phoenix Mills, Avanti Feeds, Zee Entertainment, Tech Mahindra and ZF Commercial Vehicle Control Systems were India.
Sentiment meter bullish
Market feelings were booming. Of the 4,166 stocks trading on the BSE on Wednesday, 1,068 stocks were down, 2,986 progressed, while 112 stocks remained unchanged.
Also read | At $ 165 billion, BYD is now larger than India’s top 5 automakers combined
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
(Now you can subscribe to our Etmarkets WhatsApp channel)
