Nifty 50 Stock Price Live Updates: As of 08:30 AM IST on October 3rd, 2024, the Nifty 50 index is trading at 25,796.9, reflecting a slight decrease of 0.05%. Throughout the trading session today, the index has fluctuated within a range of 25,907.6 to 25,739.2, indicating some volatility. Meanwhile, Nifty futures are hovering at 25,969.25 with no percentage change, while the open interest has decreased by 2.74%. This decline in open interest suggests that recent price increases may be attributed to short sellers covering their positions, which raises concerns about the sustainability of this upward trend in the near future.
This blog update is generated by AI and has not been reviewed by LiveMint staff.
Nifty 50 Price Live: Recent Market Performance
On the previous trading day, the Nifty 50 index closed at 25,810.85. This closing figure is crucial as it demonstrates the collective performance of 50 prominent stocks listed on the National Stock Exchange of India (NSE). The market’s performance is a key indicator of investor sentiment and can offer significant insights into broader economic conditions affecting these companies.
Nifty 50 Key Statistics
| Time | Current Price | Change (%) | Daily Range | Nifty Futures | Open Interest Change (%) |
|---|---|---|---|---|---|
| 08:30 AM IST | 25,796.9 | -0.05% | 25,907.6 – 25,739.2 | 25,969.25 | -2.74% |
| Previous Close | 25,810.85 | N/A | N/A | N/A | N/A |
Market Sentiment and Outlook
The current trading environment indicates a mixed sentiment among investors. While there was a slight uptick in the Nifty 50 index leading up to today’s trading session, the decrease in open interest signals caution from market participants. Investors should keep an eye on these trends as they could affect future trading strategies and the overall market outlook. The ability of Nifty 50 to maintain its upward trajectory amidst profit-taking and short selling will be crucial in determining the index’s performance in the coming days.
