{"id":194211,"date":"2024-12-13T04:20:24","date_gmt":"2024-12-13T04:20:24","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/12\/13\/stock-market-today-bse-sensex-opens-over-200-points-down-nifty50-below-24500-times-of-india\/"},"modified":"2024-12-13T04:20:24","modified_gmt":"2024-12-13T04:20:24","slug":"stock-market-today-bse-sensex-opens-over-200-points-down-nifty50-below-24500-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/12\/13\/stock-market-today-bse-sensex-opens-over-200-points-down-nifty50-below-24500-times-of-india\/","title":{"rendered":"Stock market today: BSE Sensex opens over 200 points down; Nifty50 below 24,500 – Times of India"},"content":{"rendered":"
\"Stock<\/div>


\n<\/p>\n

\n
\n
\n
\n
\n
\n
<\/div>\n<\/div>\n<\/div>\n
The technical view suggests continued sideways movement in Nifty. (AI image)<\/span><\/div>\n<\/section>\n<\/div><\/div>\n

Stock market today: Indian equity benchmark indices, BSE Sensex<\/a> and Nifty50, opened in red on Friday. While BSE Sensex was below 81,100, Nifty50<\/a> was near 24,500. At 9:17 AM, BSE Sensex was trading at 81,080.00, down 210 points or 0.26%. Nifty50 was at 24,489.45, down 59 points or 0.24%.
On Thursday, domestic markets experienced downward pressure throughout the session, closing near the day’s lowest point. The broader markets ended their 14-day positive streak. Markets are expected to respond to the inflation data of 5.48% today.
“We expect markets to trade in a range with a positive bias, on the back of easing retail inflation and favourable global cues,” said Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal.
“We anticipate the consolidation phase to conclude soon, with the Nifty likely to surpass the 24,800 resistance level. While sectoral participation remains selective, the banking and IT sectors are expected to play a pivotal role in driving the next leg of the rally,” said Ajit Mishra \u2013 SVP, Research, Religare Broking.
The technical view suggests continued sideways movement in Nifty, with support at 24,470 and resistance at 24,650-24,700. India VIX decreased by 0.58% to 13.19.
US markets declined as investors assessed economic indicators before next week’s Federal Reserve meeting. Asian markets showed weakness, with Japanese and Australian shares declining. The F&O ban list includes Granules, Manappuram, Metropolis, PVR Inox, RBL Bank, and Hindustan Copper.
FIIs became net sellers at Rs 3,560 crore while DIIs purchased shares worth Rs 2,646 crore. FII net short position increased from Rs 47,768 crore to Rs 68,081 crore.<\/div>\n