Buy or sell: The Nifty 50 index wrapped up the week at 24,304, reflecting notable volatility as traders navigated through market dynamics. As the monthly expiry approached, a short covering rally provided a brief respite, enabling the index to bounce nearly 500 points and reaching nearby resistance levels around the 24,700-24,800 zone. Weekly Trading Summary … Read more
Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a tepid note Wednesday following mixed cues from global peers. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,435 level, a discount of nearly 40 points from the … Read more
The Indian stock market was thrown into the deep end and wrought with several challenges throughout October as bears tightened their grip on D-Street amid weak global cues and rising volatility. The battles compelled the frontline indices to enter the bear market just a few days ahead of Diwali’24 and the onset of Samvat 2081. … Read more
Indian stock market indices, Sensex and Nifty 50, are likely to open higher on Monday tracking gains in global markets. The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 25,085 level, a premium of nearly 35 points from the Nifty futures’ previous … Read more
The Indian stock market began October on a disastrous note, with Dalal Street witnessing carnage due to across-the-board selling pressure on weak global cues. The domestic indices experienced a sharp downturn, breaking its three-week winning streak. The significant decline has been attributed to a combination of fundamental challenges, which prompted short-term profit-taking. In the second … Read more
The Indian stock market closed September on a remarkably positive note after picking up an invincible bullish rally largely driven by strong global cues. As the new month begins, investors will closely monitor key market triggers such as domestic and global macroeconomic data, auto sales data, second-quarter corporate updates, market watchdog’s board meeting, primary market … Read more
Nifty September F&O series delivered expectational returns amid high volatility. The September derivatives series began with a steady rise in the benchmark indices and then witnessed some profit-taking. However, in the second-half of the series, bulls came roaring and the market saw a relentless rally, giving the bears no breathing room. Nifty 50 ended the … Read more
Indian stock market indices, Sensex and Nifty 50, have been hitting record highs led by positive momentum in the global equities that gathered pace after the US Federal Reserve’s outsized interest rate cut last week. On Thursday, the Sensex hit a fresh record high of 85,930.43 before closing 666.25 points, or 0.78%, higher at 85,836.12. … Read more
Bank Nifty Trading Strategy Today: The Indian stock market indices, Sensex and Nifty 50 hit a life-time high on September 20 led by optimism over the supersized US Federal Reserve’s interest rate cut last week. On Friday, the Sensex surged 1,359.51 points, or 1.63%, to close at 84,544.31, while the Nifty 50 settled 375.15 points, … Read more
The highly-anticipated Union Budget week is finally here! The Indian stock market’s spectacular bull run ahead of the Budget session proved that investor sentiments are firm driven by hopes of policy announcements, domestic cyclicals, and growth-oriented sectors from the upcoming Union Budget 2024. In the fourth week of July, investors will keenly eye any Union … Read more