STOCK SUGGSTED BY US YESTERDAY ITSELF TO CHECK VISIT https://niftytipsniftylevels.blogspot.com/2024/05/stock-picks-for-tomorrow-7-5-24.html
BRITANNIA TOP GAINER https://niftytipsniftylevels.blogspot.com/2024/05/top-gainer-top-loser-predicted-day.html
LUPIN TOP LOSER https://niftytipsniftylevels.blogspot.com/2024/05/top-gainer-top-loser-predicted-day.html
HINDALCO IN TOP LOSERS https://www.nseindia.com/
JUBLFOOD SURGED MORE THE 5% https://niftytipsniftylevels.blogspot.com/2024/05/jublfood-up-by-6.html
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On Tuesday, the Indian equity indices experienced a sharp decline, with the Nifty 50 ending 140 points or 0.62% lower at 22,302.50, while the Sensex saw a drop of 384 points or 0.52%, closing at 73511. Key losers of the day included Bajaj Auto, Power Grid Corp, ONGC, IndusInd Bank, and Hindalco. The Indian Volatility Index (India VIX) surged by 2.41%, reflecting heightened investor uncertainty and market apprehension. Currently, the market appears to be consolidating within a range of 22,800 to 22,200. As we navigate through the result season, historical trends suggest that market movements tend to oscillate rather than follow a linear trajectory. Therefore, we anticipate fluctuations within this range. Despite recent declines, strong support is expected around the 22,150 to 22,200 level, with potential for stock and sector-specific movements to drive market dynamics.
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