Indian benchmark indices may open positive on Oct 24, 2024

24 Oct 2024 , 09:10 AM

Indian benchmark indices, Nifty and Sensex, likely to have a positive day today. The GIFT Nifty indicating a flat to positive start for the markets, trading at 24,510 a while ago in the morning.

In the final hour of trading on October 23, selling pressure wiped out all intraday gains. This resulting in a negative finish for the day, even as broader indices performed better.

By the end of the session, the Sensex had decreased by 138.74 points, or 0.17%, closing at 80,081.98. Meanwhile the Nifty fell by 36.60 points, or 0.15%, finishing at 24,435.50.

Global Markets:

Asian markets showed mixed results on Thursday following a decline in U.S. stocks.

In the US, the Dow Jones Industrial Average dropped by 409.94 points, or 0.96%, finishing at 42,514.95. The S&P 500 fell 53.78 points, or 0.92%, to close at 5,797.42. On the other hand, the Nasdaq Composite decreased by 296.47 points, or 1.60%, ending at 18,276.65.

FII & DII Data:

On October 23, the FIIs sold equities worth ₹5,684 crore while DIIs bought equities worth ₹6,040 crore.