Nifty Expiry Tomorrow: Banknifty, Fin Nifty and Midcapnifty Analysis for 27th June 2024.
Nifty Analysis for June 27, 2024
The Nifty 50 index closed at a new all-time high of 23,721.30 on June 25, 2024, gaining 183.45 points or 0.78% for the day[1]. The index has been on an upward trend, with the short-term trend remaining positive.
The quarterly changes in Nifty indices will be implemented after the market close on June 27, 2024[6]. Some Nifty 50 stocks are expected to see changes in their weightage, which may result in passive inflows and outflows.
Bank Nifty Analysis for June 27, 2024
The Bank Nifty opened lower on June 4, 2024, facing selling pressure with public sector banks down. The advance-decline ratio of Bank Nifty, with AU Small Finance Bank being the only gainer at 0.1%]. Bank of Baroda was the top loser, down by 6.8%.
Fin Nifty and Midcap Nifty Analysis
The search results do not provide specific information about the Fin Nifty and Midcap Nifty indices for June 27, 2024. However, the overall market sentiment seems positive, with the Nifty 50 index hitting new highs.
Also Read - Banknifty Expiry Trading: Nifty, Finnifty & MidCapNifty Analysis for June 26th, 2024
It's important to note that the stock market can be volatile, and investors should conduct their own research and consult with financial advisors before making investment decisions.
Disclaimer - Trading and investing in financial markets carries significant risk of loss. Past performance does not guarantee future results. Losses can exceed initial investments, especially when using leverage.