Acquisitions & Mergers
Live stock market updates for August 20 2024 Sensex and Nifty both rise, while the Nifty IT index adds more than 1%.
By Kajal Agarwal - 20 Aug 2024 06:10 PM
Nifty, Sensex, and Stock Prices LIVE: Tuesday's trade is firm for the Sensex and Nifty, the key Indian indices. The BSE Sensex increased 432.66 points, or 0.54%, to trade at 80,857.34 at 11:23 a.m. The Nifty 50 increased 133.35 points, or 0.54%, to trade at 24,706. Activities focused on rotating stocks and sectors are probably going to take center stage, and increased levels of profit-taking are expected. The focus is currently on Federal Reserve Chair Jerome Powell's address at the Jackson Hole
Economic Policy Symposium, which may offer important information on interest rate policy in the future. Given that Nifty was unable to end Monday's trading session higher, it appears to be technically tired. A move below the 50 DMA at about 24,000 might cause the index to move towards 23,800. The daily RSI, which is now holding around 45, signals weakness. IndiaStock Market Today | Share Market Live Updates - Get all the latest information on share prices, Indian stock markets, Sensex, Nifty, BSE, and NSE live for August 20, 2024.