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Market Opening Update: Nifty up 300 pts; Maruti Suzuki, Ashok Leyland lead with 6% rally

  • By admin
  • August 18, 2025
  • 39 Views

📊 Sensex Today | Stock Market LIVE Updates

  • Nifty’s Fresh Start: After breaking a 6-week losing streak, markets open the new week post-holiday with key triggers in play.
  • Credit Ratings Boost: Upgrade announced Thursday, but global uncertainties (Russia-Ukraine, US stance, tariff doubts) kept reactions muted.
    • 🔍 Will the 25% US tariffs on India kick in from Aug 27? Still unclear.
  • 🇮🇳 PM Modi’s Independence Day Speech: Promised “generational” GST reforms before Diwali → spotlight on GST-linked sectors (Autos 🚗, FMCG 🛒).
  • 📈 Technical Check:
    • Resistance ⚠️: 24,702 (last week’s high) – key level to cross before moving toward 20-DMA.
    • Support 🛡️: 24,500–24,550 zone emerging strong.
  • 💼 Stocks in Focus:
    • Earnings reactions: Inox Wind, Vodafone Idea, Zaggle Prepaid, Hindustan Copper.
    • Corporate moves: KEC International (new orders), JK Cement (expansion plans).

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