🌟 [ 11 ]   Live: Nifty Perched At New High; Will The Bulls Aim For 24,000? Paytm, Ixigo In Focus [ @moneycontrol ]

Indian equity benchmarks remained subdued throughout last week, despite making fresh highs, resulting in modest gains for both Nifty and Sensex. Broader indices however outperformed significantly, with gains ranging from 3.8 to 4.8%. According to experts, this week, the initial hurdle for the Nifty will be seen around 23,500, which has acted as a barrier in the past. This morning GIFT Nifty is hinting at a strong start. Overnight cues are also supportive with Nasdaq and Su0026P 500 notching new closing highs. This morning Mu0026M, Paytm will be in focus while Ixigo is all set to list on the bourses. Catch Nandita Khemka in conversation with Kunal Rambhia—Fund Manager, The Streets and Ajay Srivastava, CEO, Dimensions Corporate. #sharemarket #stockmarket #marketopening Nifty continues to move sideways within a narrow range, resisting near the 23,400 zone. Sector-wise, media, PSU banks, energy, infra, and metals were among the major gainers, while FMCG was among the major laggards in trade on June 12. INDIAVIX cool-off to 14.46 levels, indicates less intraday volatility. Across the globe, the Federal Reserve held interest rates steady at their current range of 5.25% to 5.5%. Jerome Powell said, the central bank does not yet have the confidence to cut rates, even as inflation has eased from its peak levels. Moneycontrol s Stacy Pereira speaks with Peter Cardillo from Spartan LLP, Osho Krishan, Sr. Analyst, Technical u0026 Derivative Research at Angel One Ltd and Kunal Valia, Founder Stat Lane on Opening Bell. #sensex #nifty #openingbell #markets Moneycontrol is India s leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy. Subscribe: [ 🔗 Click ‼️ ] Follow us: Visit [ 🔗 Click ‼️ ] Faceboo .

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