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homephotos Newsmarket NewsWake Up Call: Nifty 50 looks for a bounce from lower levels amid strong global cues, RIL AGM

Wake Up Call: Nifty 50 looks for a bounce from lower levels amid strong global cues, RIL AGM

SUMMARY

Strong global markets to aid sentiment, Nifty in a tight 19200-19500 trading range, Reliance Industries annual general meeting (AGM) to begin at 2pm today and more. These are the five things to watch as we begin the day:

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By Sonia Shenoy  Aug 28, 2023 7:18:48 AM IST (Published)

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Strong global markets to aid sentiment. Dow Jones is up 247 points on Friday. US markets to end August with deep losses, Nasdaq is down 5.3 percent this month, so far. 

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Friday’s US monthly jobs report is awaited this week

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Nifty is in a tight trading range between 19200 and 19500.  The index is facing resistance at its 50 day moving average (DMA) at 19375 and 100 DMA of 19420.

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, reliance, reliance agm, nifty bank, US jobs data, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
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Bank Nifty is unable to provide any support. It is nifty down 2.7 percent in the past one month. 

wake up call, 5 things before opening bell, wall street, asian equities, global markets, FIIs, DIIs, investors, domestic investors, foreign investors, reliance, reliance agm, nifty bank, US jobs data, wall street, asian stocks, nifty50, nifty, indian stock market, before market opens,
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The Reliance Industries annual general meeting (AGM) is at 2pm today. All eyes are on any timelines for its retail and Jio IPOs

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