Sensex today | Stock Market Live: Stock to buy today: Sarda Energy & Minerals
Sensex, Nifty, Stock Price Live Updates: The short-term outlook is bullish for Sarda Energy & Minerals. The stock has surged over 5 per cent on Wednesday and has closed on a strong note. This rise has taken the share price well above a key resistance level of ₹535.
Sensex trading today brought about a gift Nifty opening of 23,480, indicating a gap-down of approximately 50 points. Asian markets experienced a decline, with Japan's Nikkei 225 and South Korea's Kospi both falling more than 1% in early trading. Key Nifty zone 23,400–23,300 will determine the direction of the market. Geopolitical risks, such as escalating US-Iran tensions and disruptions to global oil supplies, continue to pose major concerns.
Investors will closely monitor upcoming US inflation data, which may provide clues about the Federal Reserve's policy trajectory. Higher oil prices and Treasury yields could keep risk appetite subdued and negatively impact emerging-market equities. Gold edged higher on Thursday, supported by a weaker dollar and anticipation of key US inflation data.
Bitcoin is currently trading near $78,000, with $77,200–$78,000 providing immediate support and $80,000–$82,000 as the key resistance zone.
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