{"id":425408,"date":"2026-05-13T10:02:22","date_gmt":"2026-05-13T10:02:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/425408\/"},"modified":"2026-05-13T10:02:22","modified_gmt":"2026-05-13T10:02:22","slug":"business-news-today-stock-and-share-market-news-economy-and-finance-news-sensex-nifty-global-market-nse-bse-live-ipo-news-34","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/425408\/","title":{"rendered":"Business News Today: Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/nifty-recovers-above-23400-high-oil-prices-weigh-on-sentiment-brent-above-107-13917921.html\" title=\"Nifty recovers above 23400, high oil prices weigh on sentiment | Brent above $107\" onclick=\"GAEventTracker( &#039;MCTech_News Not to Miss&#039;, &#039;Click&#039;, &#039;Nifty recovers above 23400, high oil prices weigh on sentiment | Brent above $107&#039; );\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tNifty recovers above 23400, high oil prices weigh on sentiment | Brent above $107<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t\t\t\t\t\tIndian equity markets staged a strong recovery from the day\u2019s lows, with the BSE Sensex surging nearly 1,000 points and the NIFTY 50 climbing back above the crucial 23,550 mark.<\/p>\n<p>The sharp rebound was largely driven by value buying after markets witnessed heavy selling pressure in recent sessions. Investors stepped in to accumulate quality stocks at lower valuations, especially after Nifty found strong support around the 23,400 level. The index briefly slipped below this mark during intra-day trade but recovered sharply, triggering fresh buying interest across sectors.<\/p>\n<p>Market sentiment also improved due to easing panic selling, short-covering by traders, and selective buying in heavyweight banking, financial, and IT stocks. Analysts believe the ability of Nifty to hold the 23,400 support zone boosted investor confidence and reduced fears of a deeper correction in the near term.<\/p>\n<p>The recovery suggests that domestic investors continue to use market dips as buying opportunities despite concerns over global inflation, geopolitical tensions, elevated crude oil prices, and foreign institutional investor (FII) selling. Traders are now closely watching whether the rally can sustain above key resistance levels in the coming sessions.<\/p>\n","protected":false},"excerpt":{"rendered":"Nifty recovers above 23400, high oil prices weigh on sentiment | Brent above $107 Indian equity markets staged&hellip;\n","protected":false},"author":2,"featured_media":217926,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[553,5482,1836,5485,565,134,5487,5486,5488,5483,5489,111,139,2502,69,1814,5484,780],"class_list":["post-425408","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fitness","tag-business-news","tag-business-news-today","tag-commodity-market","tag-finance-news","tag-fitness","tag-health","tag-ipo-news","tag-live-stock-market","tag-live-stock-price","tag-market-news","tag-moneycontrol","tag-new-zealand","tag-newzealand","tag-nifty","tag-nz","tag-sensex","tag-share-market-news","tag-trading"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/425408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=425408"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/425408\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/217926"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=425408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=425408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=425408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}