Welcome to the Nifty 50 Stock Price Live Updates for October 4, 2024. At 09:00 AM IST, the Nifty 50 index is trading at 25,250.1, reflecting a change of -2.12%. Throughout the trading session today, the index has fluctuated within a range of 25,639.45 to 25,230.3. The Nifty futures are currently at 25,475.7 (stable at 0.0%), with an open interest change of -8.7%. This suggests that the recent price increase is primarily due to short sellers covering their positions, indicating that the current rally might not sustain in the near future.
This is an AI-generated live blog and has not been edited by LiveMint staff.
Current Resistance & Support Levels for Nifty 50
As of 09:00 AM IST, the Nifty 50 is encountering significant resistance and support levels that traders should be aware of. Understanding these levels can help investors make informed trading decisions.
| Resistance Level 1 (R1) | 25,880.8 | Resistance Level 2 (R2) | 25,964.7 | Resistance Level 3 (R3) | 26,289.95 |
|---|---|---|---|---|---|
| Support Level 1 (S1) | 25,471.65 | Support Level 2 (S2) | 25,146.4 | Support Level 3 (S3) | 25,062.5 |
Previous Close for Nifty 50
The Nifty 50 closed at 25,796.9 points on the previous trading day. This closing figure is pivotal as it provides insight into the market sentiment and the performance of the top 50 stocks listed on the National Stock Exchange (NSE) of India. Investors closely monitor the closing number as an indication of the market’s direction and momentum.
