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Investors showed interest in healthcare, telecom, IT, infrastructure, and small-cap stocks, while energy, consumer durables, metals, and FMCG sectors experienced selling pressure.

To gain momentum, the market needs to break through recent highs soon. Key support levels to watch are 24,975 and 24,850, while resistance is expected at 25,080-25,100 and then at 25,400. Traders should closely monitor these levels to make informed decisions, according to Rajesh Bhosale of Angel One.

Indian non-banking lender Shriram Finance plans to raise up to $1.5 billion from the overseas market in the current fiscal year in a bid to diversify borrowings, its chief executive told Reuters on Tuesday.

Shares of PFC and REC rose over 4% on BSE as the RBI considers a staggered approach to increasing provisioning requirements for project financing. This move aims to mitigate the impact on lenders and avoid making projects unviable.

The recent Rs 12 crore initial public offering of Resourceful Automobile, a Delhi-based company with just two outlets and a workforce of eight, has taken the market by storm with the issue receiving bids worth close to Rs 4,800 crore.

Stock market update: Nifty IT index advances 0.11%

Updated at : 2024-08-27 17:50:02

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The Nifty IT index closed 0.11 per cent up at 41709.25.

Stablecoins currently dominate the crypto market, accounting for a significant 92.98% of the total 24-hour trading volume at $61.7 billion. Bitcoin, despite a market cap dip to $1.242 trillion, still holds a 56.26% dominance. Its trading volume surged by 43.6% to $28.15 billion in the last 24 hours.

Asian currencies slipped, with the Philippine peso down 0.5% and leading losses, while the dollar index was at 100.8, hovering close to its weakest level since December.

​And I think there are triggers to reach that margin. If you look at the losses in Zee5, they have been converging. If you look at a lot of efficiencies around employee cost, technology cost, other expenses put together.

The Nifty nearly hit a record high of 25,078 but ended flat at 25,018, while the Sensex gained 13 pts to close at 81,711 amid global issues. Here are the stocks that were in maximum action today.

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