Stock market news, Oct. 24 -- Indian stock indices gave back most of their earlier gains as the day went on, primarily due to US sanctions impacting key Russian crude companies and signals that the US agreement may not be completed in the near future, analysts noted. Additionally, profit-taking by investors likely contributed to the downward pressure on the stock indices.
The Sensex finished the day at 84,556.40 points, rising by 130.05 points or 0.15%, after reaching an intra-day peak of 85,290 points. Similarly, the Nifty 50 closed at 25,888.90 points, gaining just 20.30 points or 0.078%, down from the day's high of 26,104 points.
Rupak De, a Senior Technical Analyst at LKP Securities, noted that the Nifty 50 fully reversed its earlie...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.