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SENSEX CROSSES 61,000; NIFTYABOVE 18,100; IT, PHARMA ALL IN GREEN; NYKAA JUMPS 4%, TATA STEEL FALLS 2%
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Indian benchmark indices opened on a positive note with Nifty around 18,100 on the back supporting Asian markets. BSE Sensex was up 363.80 points or 0.60% at 61,110.39, and NSE Nifty 50 jumped 99.50 points or 0.55% to 18,111.70. Broader markets jumped in tandem. Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.3%. Meanwhile, India VIX, the volatility gauge, slipped over 1%. Barring Nifty Metal index, all sectors were trading in green with Nifty Bank and Nifty Pharma indices rising up to nearly 1%.
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| Commodity | Resistance | Support |
| Gold | 50478 | 50165 |
| Silver | 58088 | 57267 |
| Crude Oil | 7156 | 7046 |
| Natural Gas | 532.1 | 502.1 |
| Copper | 650.6 | 643.5 |
| Zinc | 254.4 | 247.8 |
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CRUDEOIL prices edge lower as China COVID-19 woes dampen demand.
CRUDEOIL prices inched lower on Tuesday, extending losses of 1% from the previous session as more extensive COVID-19 curbs in China increased fears of slowing fuel demand in the world’s second-largest oil consumer.
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