The Nifty 50 started Thursday's session on a positive note and touched an intraday high of 24,134.70 in early trade. This level marked nearly a 61.8% retracement of the previous day's decline. However, the index failed to sustain at higher levels and gave up more than 150 points from the day's high in the second half of the session. Despite this late weakness, the index ended higher by 80.75 points, or 0.34%, and snapped its two-day losing streak. However, the close below the psychological 24,000 mark kept the recovery muted. Nifty Forms Inside Candle Thursday's price action resulted in the formation of an inside candle. This came after the previous session recorded the widest single-day range in over one month. The latest candle had a small green body and a long upper shadow, which indicates hesitation at higher levels. This suggests that while buying interest emerged after the recent decline, traders were not confident enough to carry positions aggressively. ...
The organisers of the Ballon d'Or award insisted on Monday that "no player or club" knows who has won the award, responding to Real Madrid's decision to boycott the event because they believe that Vinicius would not win. "All the clubs and players are in the same boat," a Ballon d'Or source told AFP, pointing out the strict confidentiality rules laid down for this 2024 edition.
Real Madrid said they will stay away from the Ballon d'Or ceremony in Paris on Monday as they are convinced that their striker Vinicius, the favourite to win the men's award, has been snubbed.
The club told AFP it questioned the methods behind the selection of the Ballon d'Or winner, saying that defender Dani Carvajal, another of the 30 players nominated, had also been unfairly overlooked.
"If the award criteria doesn't give it to Vinicius as the winner, then those same criteria should point to Carvajal as the winner," the club told AFP.
"As this was not the case, it is clear that Ballon d'Or-UEFA does not respect Real Madrid. And Real Madrid does not go where it is not respected."
The Ballon d'Or organisers decided to innovate this year by keeping the winner's identity a secret until the very end, to avoid any leaks to the press.
In previous years, the winner was revealed a few days before the award ceremony.
All the nominees were invited to the ceremony in Paris this evening.
The absence of the Real players and the club's declaration suggest that neither Vinicius, Carvajal nor Jude Bellingham, the architects of the club's European triumph, will win the trophy.
That could leave the way clear for Manchester City's Spanish midfielder Rodri, who won Euro 2024 and was named the tournament's best player by UEFA.
The Ballon d'Or is awarded by a jury of journalists representing the top 100 nations in the FIFA rankings.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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