News for Craftsman Automation Limited (CRAFTSMAN.NS)

Indian markets closed higher on Thursday as financial and energy stocks surged. The BSE Sensex rose 609.86 points to 74,340.09, while Nifty 50 gained 207.40 points to 22,544.70. RBIs $21 billion liquidity infusion and lower crude prices boosted investor sentiment.

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Indian markets declined on Thursday, dragged by global market weakness after the Fed's hawkish stance. Selling pressure was seen across sectors, especially in banking and real estate. FII outflows and a strong dollar further weighed on the market. Defensive sectors like pharma outperformed.

Indian markets closed lower on Wednesday, dragged by banks and ahead of the US Fed rate decision. The market is cautious about potential policy changes in the US and India's high valuation. The rupee's weakness and a widening trade deficit are also concerns.

In the Nifty 50 index, 17 stocks ended in the green, while 33 stocks closed in the red in today's trade.

As many as 15 stocks hit their 52-week lows today. BSE 500 stocks such as Prince Pipes and Fittings Ltd and Tata Technologies Ltd hit their respective one-year low levels. That said, 250 stocks touched their one-year high levels today.

The Indian benchmark Nifty 50 ended a seven-day losing streak, driven by gains in HDFC Bank and Mahindra & Mahindra. The market saw a short-term relief rally after slipping into correction territory. Despite the rise, analysts remained cautious, highlighting potential volatility and resistance levels.

Indian equity indices Sensex and Nifty50 registered their steepest drop in two months due to profit booking and weak Asian markets, breaking below key support levels. Analysts highlight potential further weakness with key support at 25,750 and resistance at 26,000. The bearish sentiment affected both major and smaller stocks.

Stock Market | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 25 September 2024.

Domestic equity indices fell on Wednesday as investors took profits before U.S. inflation data. The Nifty 50 and Sensex both dropped 0.49%. Analysts suggest the Nifty faces support at 24,800 and resistance at 25,200, with potential further declines if key levels are breached.

Indian equity indices rose on Tuesday, with the Nifty 50 up 0.42% and the Sensex up 0.44%, driven by IT and pharma stocks. Analysts anticipate near-term consolidation due to resistance at 25,100 and support around 24,800-24,850, pending U.S. inflation data.

Indian equity markets ended near record highs on Monday, lifted by IT stocks, as the Federal Reserve hinted at impending rate cuts. Analysts observed strong bullish momentum, with support and resistance levels indicating potential for further gains despite some counters showing weakness.

Out of the 2,667 stocks traded on the NSE, 1,478 advanced, while 1,111 declined, and 78 remained unchanged during the intra-day deals on Monday: Mid-market update

Indian benchmark equity indices Nifty and Sensex ended flat in a highly volatile session on Friday, while global markets advanced after Federal Reserve Chair Jerome Powell stated that "the time has come" to reduce interest rates.

The Nifty index has broken through the 23,600 resistance level after consolidating for two weeks, setting a new record high. Analysts remain optimistic, with the next target set at 24,000.

The Indian benchmark equity indices ended Monday on a positive note after a lower open as shares of private banks and Mahindra & Mahindra Ltd. gained. The NSE Nifty 50 closed 36.75 points or 0.16% up at 23,537.85, while the S&P BSE Sensex was 131.18 points or 0.17% higher to 77,341.08, During the day, both the indices fell as much as 0.6%.

Sensex on Thursday surged 487 points to settle at 74,339. NSE Nifty advanced 168 points to close at 22,570. Nifty formed a bullish engulfing candle following a series of small candles

The benchmark NSE Nifty50 and the S&P BSE Sensex indexes each settled about 0.2% higher at 22,402 and 73,853, respectively. Nifty on Wednesday ended 34 points higher to form a Doji candle on the daily chart which indicates indecisiveness prevailing in the marketplace at the current juncture.

Glenmark Pharma formed bullish candlestick pattern on the daily scale with above average volumes. The stock showed nice recovery in last four days after falling closer to 200-day EMA, and now traded above all key moving averages.