2 weeks Ago By Moneycontrol
business Live: Nifty Set For Subdued Open After Seven Day Upmove?; Axis Bank, HUL Q4 Today| Opening Bell The Nifty 50 ended 0.7% higher on April 23, marking its seventh consecutive session of gains ahead of the monthly F&O expiry on April 24. However, a bearish reversal pattern has emerged at the highs, signaling caution for bulls.
Some profit booking or consolidation may be on the cards, with 24,000 acting as a crucial support level. Despite the overall trend remaining positive, early global cues this morning are mixed. While sentiment has improved slightly following a softer tone from Donald Trump on China and dovish comments from Fed Chair Jerome Powell, the GIFT Nifty is pointing to a muted start.
On the earnings front, five Nifty constituents, including Axis Bank, Hindustan Unilever, and Tech Mahindra, are set to report their quarterly results today. Catch Nandita Khemka in conversation with Chandan Taparia, Senior Vice President, Head - Derivatives & Technical Research, Motilal OswaL and Kranthi Bathini, Equity strategist, Wealthmills Securities. first published: Apr 24, 2025 08:42 am.
