Live: Will Nifty bulls take it to new highs after Fed outcome? | Opening Bell
The Nifty 50 kicked off the November series on a strong note, ending near the day’s high with a gain of 117 points at 26,054. Among the top performers were NTPC, Adani Ports, and ONGC, while Dr Reddy’s, Coal India, and BEL emerged as the major laggards. Barring Nifty Auto, all sectoral indices closed in the green, with Oil & Gas, Metal, and Media indices outperforming the broader market. The broader indices also mirrored the benchmark’s strength, as both midcap and smallcap segments posted healthy gains. Investors now turn their focus to key earnings from ITC, NTPC, and Adani Power for further market cues. This morning, global cues were mixed. US markets ended mixed overnight, with NASDAQ at record close whereas Asian markets were mixed after US Fed Chairman Jerome Powell cautioned against presuming another rate cut in December. Catch Lovisha Darad in conversation with Mark Matthews– Head of Research, Asia, Julius Baer, Chandan Taparia, Senior Vice President, Head – Derivatives & Technical Research , Motilal Oswal and Sunil Subramanian, Market Expert.
