India’s stock market remained largely unchanged on Thursday as investor sentiment turned cautious amid signals from the U.S. Federal Reserve and ongoing tensions in the Middle East.
| SL# | Indices | Close | %Change |
| 1 | NIFTY 50 | 24,793 | -0.08% |
| 2 | SENSEX | 81,361 | -0.01% |
| 3 | BANK NIFTY | 55,577 | -0.45% |
| 4 | NIFTY MIDCAP | 57,159 | -0.20% |
| 5 | NIFTY SMALLCAP | 18,013 | -1.99% |
Sector Highlights:
- Top Gainers ?:
- Nifty Auto rose by 0.52%
- Nifty India Consumption gained 0.08%
- Top Losers ?:
- Nifty PSU Bank fell sharply by 2.04%
- Nifty Media declined by 1.91%
Price Action & Candlestick Patterns
- The index has shown a recent downward movement following a phase of consolidation and mild uptrend.
- The latest daily candlestick closed bearish, dipping below key moving averages.
- Long red candles around the 24,800–24,900 zone indicate heavy selling pressure and failed attempts to hold higher ground.
- The longer-term MA is sloping downward, adding to the caution and suggesting weakening broader momentum.
Option data details
- 24,800 strike sees heavy Call OI build-up and Put OI unwinding, signaling expected resistance at this level.
- Cumulative OI change leans bearish, despite some mixed signals in the individual OI change chart.
Key levels
| Support | Resistance |
| 24700 | 24800 |
| 24500 | 24900 |
- Immediate Support:
- ? 24,744–24,700: Currently being tested; a breakdown here can pull the index to 24,500 or lower.
- Key Resistance:
- ? 24,800–24,900: Price faced rejection here earlier.
- A close above 24,900 would be needed to invalidate the bearish view and signal strength.
Key Headlines:
- UNO Minda to invest ₹210 crore in a new casting plant in Aurangabad to meet rising EV component demand.
- Ashoka Buildcon secures a new project worth ₹582 crore.
- HCL Technologies partners with Just Energy to drive AI-led business transformation.
- R Systems clarifies it is not in discussions with Coforge regarding stake acquisition; shares rally 6% on speculation.