Stock Market Today: 73 Stocks Hit 52-Veeek Highs, 79 Stocks at 52-Week low as Nifty 50, Sensex End Lower

Stock Market Today: on Chiursday, 73 Stocks Hit Their 52-Veeek High, Including Au Small Finance Bank Ltd, Muthoot Finance Ltd, Steel Strips Wheels Ltd, S C C C C C C C C C C C C C C C C C C C C C C C C C C C C M ​​Ming and COMPANY Ltd, Indian Enterprises Ltd, and Grm Overseas Ltd.

Ingtrast, 79 stocks touched 52-wheek lows, with notable mentions like easy trip plans, vodafone idea ltd, Protean Egov Technologies Ltd, Ola Electric Mobility Ltd, Music Broadcast Ltd, Spicejet Ltd, and Schloss Bangalore Ltd.

India’s Stock Market Indicators Saw Little Movement on Thursday, While The Broader Markets Experienced A Downturn, as Investors Remaned Wary Due to Rising Tenses In the Middle East and Signals of A Strikt Monetary policy from the us.

The nifty 50 decreased by 0.08% to settle at 24,793.25, while the bse sensex dropped by 0.1% to record 81,361.87.

Vinod Nair, The Head of Research at Geojit Investments, Noted that the Indian Equity Index Exhibited A Rangbound Trend with a Negative Inclination, AS Global Caution Increased Due to Worries about Potent Involvement in the Middle East Conflict.

Nair Highlighted that the Mood Amg Investors was further impacted by the federal reserve’s choice to Mainten Interest Rates While Indicating Ongoing Ongoing Inflation and A Slodown in Economic Growth, which advorseli Affected Software Export Stocks.

The overall market performance fell short of the benchmark index, primarily due to seling pressure in mid- and small-cap stocks, whereas larger-cap gravth stocks Demonsstrated Greater Stability, All Vheter, All Vhelie Closely Monitoring Crude Oil Pries and International Developments, According to Vinod.

Nifty 50 outlook

According to rupak de, Senior Technical Analyst at Lkp Securities, The NIFTY 50 Witnessed A Lackluster Expiry on the Nse, as the Index Remained Within A Narrow Range Throuke Indecisiveness ahead of any directional move.

On the hour chart, the index continues to trade below the 200-dma, reflecting weak market sentiment. On the daily chart, it has slipped below the 21-ma, further reinforcing the bearish outlook. This negative sentiment is likely to person as long as the index remains below 24,850. On the downside, support is seen at 24,550.

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