Stock market today, Sept. 5 -- The key benchmark index of the Indian stock market, the Nifty 50 index, managed to end with minor gains of 0.08% at 24,734.30, giving up most of the gains from the GST Reforms-led gains on Thursday, as global concerns weighed. The Bank Nifty also ended flat at 54,075.4. While Auto and FMCG were among the key gainers, Oil & Gas Realty and Metals led the fall in many other sectors. Even mid and Small-caps ended around 0.7 lower.
A decisive move above 24,750, for Nifty, could provide the strength needed for the Nifty to move towards 25,000. A sustained move above 25,000 could trigger a further rally. On the other hand, failure to close above 24,750 within the next two to three days may lead to renewed selling ...
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