Nifty Rebounds 233 Points, Faces 24,300 Hurdle; Oil Remains Key Factor
CCNBC TV18•11-03-2026, 06:48
Nifty Rebounds 233 Points, Faces 24,300 Hurdle; Oil Remains Key Factor
- •Nifty 50 surged 233 points (0.97%) to 24,261, recovering after two days of sharp declines.
- •Index opened with a 250-point gap on positive global cues and falling crude prices, but faced profit-booking near 24,303.
- •Shriram Finance, Eicher Motors, Tata Motors Passenger Vehicles led gains; Infosys, Eternal, Reliance Industries lagged.
- •Broader markets outperformed benchmarks; Auto, Consumer Durables, PSU Banks saw strongest gains.
- •Experts see immediate resistance at 24,300-24,415, with 24,000 as support; 'sell-on-rise' scenario likely.
