Fri, Apr 26, 2024
In the case of a breach below 22000, the next crucial support zone is placed at 21270 which is the 38.2% Fibonacci retracement levels and the weekly lower Bollinger band, he adds.
More >
Thu, Apr 25, 2024
Stock market today: At 9:19 am, Nifty shed 0.38 per cent or 85.5 points and traded at 22,316.9, while Sensex gave up 197.66 points or 0.27 per cent at 73,658. Meanwhile, broader markets continued their outperformance.
Fri, Apr 19, 2024
Other notable losers feeling the heat amid weak global cues have been the healthcare, consumer durables, and FMCG indices.
Tue, Jan 31, 2023
Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 inched higher on Tuesday, extending gains to a second straight day, a day before the presentation of Union Budget 2023 in Parliament by Finance Minister Nirmala Sitharaman. On Tuesday, the Economic Survey — tabled by the finance minister in Parliament on January 31 — projected the country's GDP to expand 6.5 per cent in the year ending March 2024, helping India retain its position as the fastest-growing major economy despite the extraordinary set of challenges across the globe. Globally, equities were a mixed bag ahead of key rate decisions by major central banks including the Fed and the ECB.
Mon, Jan 30, 2023
Stock Markets on Tuesday, 31 January 2023: Indian frontline indices S&P BSE Sensex and NSE Nifty50 will resume trading on Tuesday amid a host of local and global triggers.
Short term options traders in Nifty must look for opportunities on the long side after the budget, Samco Securities report says adding that if all their conditions are met then chances of making money on the long side after the Budget are high
In the 50-stock Nifty50, 29 stocks advanced with Bajaj Finance, Adani Enterprises, UltraTech Cement Company, Bajaj Finserv and Asian Paints ending as top gainers. The top losers were Power Grid, Bajaj Auto, IndusInd Bank, Larsen & Toubro and JSW Steel
Indian equity benchmarks staged a fantastic recovery within the first 30 minutes of trade on Monday, with the Sensex bouncing back more than 900 points from the weakest level of the day and the Nifty50 surpassing the 17,700 mark.
Stock Market HIGHLIGHTS: Indian equity benchmarks halted a two-day losing streak on Monday with gains of 0.3 per cent each, rebounding from three-month lows hit in the previous session. Adani group stocks — Adani Enterprises, Adani Power, Adani Ports, Adani Total, Adani Green, Adani Transmission, Adani Wilmar, ACC and Ambuja — remained in focus throughout the volatile session.
Sun, Jan 29, 2023
Market participants on Friday were in a cautious mood from the beginning and a sharp sell-off in the banking, IT and energy majors further soured the sentiment as the day progressed.
Tata Consultancy Services (TCS), Hindustan Unilever Limited and ITC emerged as the winners.
Fri, Jan 27, 2023
Closing Bell: Indian frontline indices S&P BSE Sensex and NSE Nifty50 hit 3 month lows on Friday as a fallout of the
Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 tumbled to three-month lows on Friday amid a broad-based sell-off in the market. Gains in select auto, FMCG and pharma stocks, however, lent some support.
Thu, Jan 26, 2023
Domestic equity markets will resume trading on Friday taking cues from Wall Street closing on Thursday; Q3 results, rupee movement against dollar and development around Budget 2023 may also play a decisive role in the way frontline indices trade
Wed, Jan 25, 2023
Sensex setlled at 60,205.06, down by 773.69 points or 1.27 per cent while the broader market Nifty finished 226.35 points or 1.25 per cent lower at 17,891.95
Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 halted a two-day winning run in a volatile session on Wednesday as the monthly derivatives (futures & options) contracts expired at the end of the day. Investors lost Rs 3.7 lakh crore in a day as the market capitalisation of BSE-listed companies decreased to Rs 276.7 lakh crore at the end of the session, according to provisional exchange data. The market will remain shut on Thursday for the Republic Day holiday.
Tue, Jan 24, 2023
Anil Singhvi Strategy on Nifty, Bank Nifty: Zee Business Managing Editor said that Nifty50 will find support at 18,000-18,025 while resistance at 18,150-18,200. As for Bank Nifty, support is seen at 42,300-42,500 while resistance is seen at 43,000-43,200
Closing Bell: Indian markets ended flat on what was an uneventful Tuesday. Frontline Indices S&P BSE Sensex closed at 60,978.75, up by 37.08 points or 0.06 per cent while the broader market NSE Nifty50 retreated by nearly 14 points or 0.08 per cent from the Monday closing at 18,104.80
Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 gave up most of their intraday gains in a choppy session on Tuesday despite positive moves across global markets. Investors awaited more of corporate earnings from India Inc for domestic cues.
Mon, Jan 23, 2023
Anil Singhvi Strategy on Nifty and Bank Nifty: Managing Editor Anil Singhvi said that Nifty50 has support at 18,000-18,025 while resistance is seen at 18,175-18,250. As for Bank Nifty, support is seen at 42,500-42,700 while resistance is seen at 43,150-43,250
Despite strong momentum, the Nifty50 has failed to take out resistance at 18,180, trading above its 20-day simple moving average.
In the 50-stock Nifty50, 32 advanced while 18 declined. The top gainers were Sun Pharmaceuticals, Hindustan Unilever, Eicher Motors, UPL and Tech Mahindra while top losers wereUltratech Cement, Grasim Industries, NTPC, Tata Steel and JSW Steel
Indian equity benchmarks began the week in the green amid gains in financial, IT and oil & gas shares, tracking positive signals from global markets with thin trade across Asia. Investors awaited more of corporate earnings from India Inc for domestic cues ahead of the presentation of Union Budget in Parliament due next week.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.