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.
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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.
Mon, Mar 14, 2022
The benchmark equity indices on BSE and National Stock Exchange started on a flat note but gained momentum within minutes of opening on Monday amid firm cues in the global markets. At 9:37 am, the S&P BSE Sensex was trading at 55,714.09, up 163.79 points while the Nifty 50 was at 16,654.85, up 24.40 points.
In an interview with Zeebiz's Kshitij Anand, Meena suggests a diversified approach with stocks from different sectors where Infosys from IT bank, SBI from banking space.
Sun, Mar 13, 2022
The Indian markets witnessed a decent recovery amid volatility and both the benchmark indices – Sensex and Nifty50 – gained over 2 per cent, taking a breather after 4 weeks of slide. The indices recovered, on the updates of possible de-escalation between Russia-Ukraine.
In an interview with Zeebiz's Kshitij Anand, Dhanotiya feels that the US Fed meeting this week will be a very important one as it would give a direction globally whether there will be an increase in interest rates or not.
Fri, Mar 11, 2022
Certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks.
Thu, Mar 10, 2022
The Indian markets closed higher for the third straight session on Thursday, as the BSE Sensex gained 817 points or 1.5 per cent at 55,464, while Nifty50 surged by 250 points to end at 16,595.
As many as 43 stocks closed positively and 7 stocks declined on Nifty50. HUL shares jumped the most gaining over 5 per cent. It was followed by Tata Steel and Grasim Industries.
The rupee advanced 42 paise to 76.20 against the US dollar in the opening trade on Thursday, supported by positive domestic equities and early trends in state election results.
Tue, Mar 08, 2022
The banking and financials lead the recovery, as Nifty Bank soared over 1,000 points from lows. The benchmark indices – Sensex and Nifty50 – rose 1,163 and 342 points, respectively from day’s low.
Mon, Mar 07, 2022
Indian markets on Monday closed in the red for the fourth time in a row. The benchmark indices BSE Sensex and Nifty50 were off the intraday lows and settled down 15 per cent from the record highs of October 2021.
The ongoing Russia-Ukraine tensions have spooked the markets as crude oil prices hit their multi-year highs. On the back of high volatility, the Sensex was down by over 1750 points and Nifty50 falls below the 15800-mark.
Axis Bank plunged most by over 6.5 per cent followed by IndusInd Bank, Maruti, M&M, Tata Motors, Bajaj Fiserve, UltraTech Cement, ICICI Bank and L&T each down between 5-6 per cent intraday today.
In an interview with Zeebiz's Kshitij Anand, Krishan highlights that as far as levels are concerned, 16000 –15900 is to be seen as immediate supports, whereas on the higher side, 16500 followed by 16600 are considered strong resistances.
Fri, Mar 04, 2022
Investors' wealth tumbled more than Rs 5.59 lakh crore in three days of market fall as sentiments remained muted amid the Russia-Ukraine conflict and its impact on the global economy.
The BSE Sensex tumbled 769 points to 54,334 and Nifty50 down 253 points to 16,245, while Nifty Bank slipped 537 points to 34,408 after a trading range of 1,000 points
Mon, Feb 28, 2022
This segment of Zee Business gives you an outlook on how the global market is expected to perform today. Also, know about major triggers that should matter for the market today and stocks that are likely to outperform.
After opening lower by nearly 1.5 per cent, benchmarks were back to trading in the green on Monday.
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