What to expect from stock market indices in trade on November 28

This article is going to cover about Nifty 50 and Sensex today. So what can you expect from the stock market indices in the trade today? As the market opened some hours ago the market’s global cues have recently indicated a muted start for the Nifty 50 and Senex whereas on the other side, the Asian stocks are slightly going higher, dollar at a three-month low. On the closing day of the market last week which means on 24th November 2023, Friday. the 30 shares BSE Sensex ended lower by 47.77 points or 0.07% at 65,970.04 level as the Nifty 50 closed at 19,794.70 and went down by 7.30 or 0.04%. Read the entire article to know about all the reports of Nifty 50 and Sensex for today.


On 28th November 2023, Tuesday, mixed global cues indicated that there is going to be a muted star for the domestic benchmark which is indices the Nifty 50 and Sensex. There is a trend of Gift Nifty which is also showing the sign of a mute start for the Indian benchmark index. The Gift Nifty has officially opened at approximately 19,868 level if we compare it to Nifty futures in the last close of 19,856.50. According to the source, the Asian Stocks had a mixed start. It was gone moved higher today. The dollar has been at the lowest in the last 3 months because investors still believe that the Federal Reserve has completed the cycle of rate hikes and there are some expectations which is very important in the inflation report.

On 24th November 2023, Friday, the Nifty 50 and Sensex ended completely flat which was weighed down by the slide in the information technology (IT) and in the fast-moving consumer goods (FMCG) stocks as of the mixed global cues/ But the metal, bank, and pharma stock are rosed. Keep reading.

Bombay Stock Exchange (BSE) Sensex 30 share went low by 47.77 points at 65,970.04 level as the Nifty 50 closed at 19,794.70 level down by 7.30 points. As per the technical analysts, the main indices have experienced a sluggish this week.  with the momentum and the prices which are maintained to a narrow trading range. There is some lack of movements where the Nifty 50 managed to extend the weekly winning streak which secured a gain of 0.34 and it closed just a little bit below the 19,800 mark. At this time, the Nifty 50 is taking the resistance at approximately 70.7% Fibonacci retracement level of 19,818 from six out of the previous five trading sessions which were withdrawn by 20,222 trade-in September 2023.

Prakash Israni
Prakash Israni

Prakash, the content creator for Techballad, has built a solid reputation for himself over the course of more than ten years of blogging