Here's the updated Nifty 50 analysis as of October 21, 2024:

_Current Market Status_

- Index Value: 24,854.05
- Support Levels: 24,700, 24,500
- Resistance Levels: 25,000, 25,200

_Technical Indicators_

- RSI (14): 54.72
- Bollinger Bands: Nifty trading near middle band
- Moving Averages:
- 50-day MA: 24,942.22
- 200-day MA: 24,381.11
- MACD: Positive crossover above signal line

_Fundamental Analysis_

- GDP Growth Rate: 6.5% (Q2 2024)
- Inflation Rate: 5.5% (Sept 2024)
- Interest Rates: RBI Repo Rate - 6.0%

_Sector-wise Performance_

- Top-performing sectors:
- IT (+2.5% in 1 week)
- Finance (+1.8% in 1 week)
- Underperforming sectors:
- Auto (-1.2% in 1 week)
- Pharma (-0.8% in 1 week)

_Stocks to Watch_

- HDFC Bank: Strong Q2 results, target price ₹2,550
- Infosys: Positive outlook on IT sector growth, target price ₹1,850
- Reliance Industries: Momentum on refining and petrochemicals business, target price ₹2,850

_Risk Factors_

- Global economic slowdown
- Rising crude oil prices
- Monetary policy changes

_Important Events_

- RBI Monetary Policy Meeting (Oct 2024)
- Q2 Earnings Season (Oct-Nov 2024)
- Global Economic Data Releases (US GDP, EU Inflation)

Please consult a financial advisor before making investment decisions.

Please note: i am not a sebi registered and This analysis is for informational purposes only and should not be considered investment advice.

Would you like me to:

1. Update the analysis with real-time data?
2. Provide a more detailed analysis?
3. Focus on a specific sector or stock?


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