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Stock Market Today: Top 10 things to know before the market opens

Trends in the GIFT Nifty indicate a negative start for the broader index in India, with a loss of 61.50 points or 0.27 percent.

 RAKESH PATIL
 
APRIL 25, 2024 / 07:30 AM IST
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Results on April 25: Bajaj Finance, IndusInd Bank, Nestle India, Tech Mahindra, Vedanta, ACC, L&T Technology Services, AAVAS Financiers, Coromandel International, Cyient, Glenmark Life Sciences, Himadri Speciality Chemical, Laurus Labs, Mphasis, Olectra Greentech, Schaeffler India, Tanla Platforms, Tata Teleservices (Maharashtra), UTI Asset Management Company, and Zensar Technologies will release quarterly earnings on April 25.

The benchmark Sensex and Nifty indices are likely to open on a negative note on April 25 as trends in the GIFT Nifty indicate a weak start for the broader index with a loss of 61.50 points.

The benchmark Sensex and Nifty indices flattened after morning gains, while the midcap and small-cap indices continued to rise on April 24.

The BSE Sensex closed up 0.2 percent, a gain of 114 points, at 73,853 from its intraday high of 74,121, while the NSE Nifty finished 0.15 percent higher at 22,402 from its intraday peak of 22,476, up nearly 75 points, on April 24. The broader BSE Mid Cap index rose 0.92 percent to 40,957 points, while the BSE Small Cap gained 0.8 percent to 46,858.60 points.

The pivot point calculator indicates that the Nifty 50 is expected to face resistance at the 22,456 level, followed by the 22,478 and 22,513 levels. On the lower side, the index may take immediate support at the 22,386 level, and then at 22,364 and 22,329. 

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