Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Stock Market LIVE: Sensex gains 300 pts, Nifty above 23,400; Nifty IT jumps over 3%

Sensex Today | Stock Market LIVE Updates Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.07 per cent and 0.13 per cent, respectively

Stock Market LIVE: Sensex gains 300 pts, Nifty above 23,400; Nifty IT jumps over 3%

The Sensex today is trading at ₹1,037.20, marking a bullish resurgence after a brief correction. Max Healthcare Institute (₹1,037.20) has shown resilience after finding support at ₹980, and is now expected to appreciate to ₹1,200 within a year. Traders can buy now at the current price, with an initial stop-loss at ₹960. If the stock rallies to ₹1,120, the stop-loss should be raised to ₹1,060, and then to ₹1,130 if it reaches ₹1,160.

The stock is projected to hit ₹1,200 if the rally continues. Meanwhile, gold prices fell due to rising crude oil prices, increasing inflation concerns and expectations of a U.S. rate hike.

Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at business-standard.com →

More in Finance & Markets

More from Tuesday 15 September →