US बाज़ार मे सुपर ड्रामा 🔥 SHARE MARKET LATEST NEWS TODAY • TOMORROW ANALYSIS • STOCK MARKET INDIA

Summary

The video provides an analysis of the Indian stock market's volatility on September 18, 2024, where the Nifty 50 closed with a minor drop. It covers market predictions for September 19, highlighting key factors like the outcome of the FMC meeting, global market trends, and crucial support/resistance levels for Nifty. The speaker also discusses important updates related to Indian markets, including news from Morgan Stanley, electronic production targets, mutual fund developments, and TCS's new deal. Lastly, the video emphasizes monitoring US market reactions and key levels for market direction.

Takeaways

• 😀 Market volatility was high on September 18, 2024, with a sharp fall in the second half and Nifty 50 closing at 25,377 points.
• 📊 Analysts predict significant market movement on September 19, 2024, largely dependent on the outcome of the FMC meeting and global market volatility.
• 🔮 Key support levels for Nifty 50 are identified at 25,200 and 25,100, with a resistance level around 25,500.
• 🛍️ Traders are advised to buy during market dips, with a potential upside to 25,800 or 26,000 if 25,500 is broken.
• 🌍 India has overtaken China as the largest MSCI Emerging Market, according to Morgan Stanley, which is a significant development.
• 🚀 The government of India aims to grow the electronics manufacturing sector to $500 billion by 2026, which would require 22% annual growth.
• 📝 Quantum Mutual Fund has filed against the NCLT's order approving the delisting of IC Securities.
• 💼 TCS has signed a major two-year deal with McDonald's Philippines to digitize operations at over 760 restaurants.
• 📰 The outcome of the FMC meeting and the U.S. Federal Reserve's policy decisions will greatly influence the market, with reactions expected late in the evening.
• 💡 Bank Nifty's movement is critical for Nifty 50's stability, with a bullish crossover observed recently. Resistance levels for Bank Nifty are around 53,000 and support at 52,000.

Q & A

What was the market behavior on September 18, 2024?

On September 18, 2024, the market was highly volatile, with a bullish trend in the first half and a downturn in the second half. Nifty 50 closed at 2537.7 points, a 0.16% decline.

What is expected to impact the market on September 19, 2024?

The market on September 19, 2024, is expected to be influenced by the outcome of the FMC meeting and the expiry of the Nifty 50 on that day. Global market volatility is also expected to play a role.

What are the key support and resistance levels for Nifty 50?

The key support levels for Nifty 50 are mentioned around 25200 and 25100 points. The critical resistance levels are around 25500, and if this level is successfully breached, the index could reach 25800 to 26000.

What important updates were shared about the global markets and India?

Important updates include India becoming the largest MSCI Emerging Market, overtaking China, and a government target for the electronics manufacturing sector to reach $500 billion by growing 22% annually.

What major development occurred with Quantum Mutual Fund?

Quantum Mutual Fund has filed an appeal against the NCLT order approving the delisting of ICICI Securities, a listed company with a significant stake held by Quantum Mutual Fund.

What deal did TCS sign on September 18, 2024?

TCS signed a two-year deal with McDonald's Philippines to digitize its operations in over 760 restaurants. The deal is expected to contribute to TCS's growth.

What is the importance of the FMC meeting for market predictions?

The FMC meeting, scheduled for September 18, 2024, at 11:30 PM IST, is crucial as it will provide insights into rate cuts and future policies. The reaction after the press conference, around 1 AM, will significantly affect the markets.

What key trends should traders monitor on September 19, 2024?

Traders should monitor the closing of Dow Jones, futures positions early in the morning, and Nifty 50's movement around support levels (25100) and resistance levels (25500-25800). Bank Nifty's bullish crossover is also crucial.

What is the outlook for Bank Nifty?

Bank Nifty is expected to play a crucial role in stabilizing Nifty 50. Key levels to watch are the resistance at 53000 points and the support at 52000, which was previously established in July.

What was the buying activity from large investors on September 18, 2024?

Large investors, including DIIs and FS, purchased a net value of ₹152 crore and ₹1153 crore, respectively, indicating strong buying activity in the market despite the volatility.