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: Indian stock market benchmarks, the Sensex and Nifty 50, declined for the second straight session on Wednesday, October 16, due to weak global signals. The Sensex dropped 319 points, or 0.39 per cent, to 81,501.36, while the Nifty 50 closed at 24,971.30, down 86 points, or 0.34 per cent. “Nifty fell below … Read more
Buy or sell stocks for today: The domestic benchmark indices, Sensex and Nifty 50, crashed on Thursday, marking the worst intraday drop in two months. This was due to waning investor confidence following the rising tensions between Iran and Israel, which shifted interest from riskier assets such as stocks. The Nifty 50 closed 2.12 per … Read more
Buy or sell: The Nifty index concluded the week at 25,356, positioning itself near the key resistance zone of 25,500. As highlighted in previous analyses, a close above 24,600 ignited bullish momentum, paving the way for resistance targets between 25,200 and 25,500. As we have mentioned following a period of oversold conditions, a pullback rally … Read more
Buy or sell stocks: The Indian stock market ended lower on Friday. However, banking stocks witnessed a decent demand throughout the session. Among the frontline indices, the Nifty 50 index lost 32 points and closed at the 25,356 mark, the BSE Sensex went off 71 points and closed at 82,890, whereas the Bank Nifty index … Read more
Buy or sell stocks for today: The domestic benchmark indices, Sensex and Nifty 50, ended Wednesday’s trading on a mixed note after a somewhat volatile session. The Nifty IT index outpaced the other 13 key industry indices following encouraging economic data from the US. The 30-share BSE Sensex rose by 149.85 points, or 0.19%, to … Read more
Buy or sell stocks for today: Following the bloodbath in the global markets, the Indian stock market crashed heavily on Monday. The Nifty 50 index tanked 667 points and closed at 24,049. The BSE Sensex crashed 2,222 points and finished at 78,759. The Bank Nifty index nosedived 1,294 points and closed at 50,056. The small-cap … Read more
IREDA share price: The Indian Renewable Energy Development Agency (IREDA) has emerged as a significant player in the Indian stock market, being the first PSU company to declare its promising Q1 results 2024. The company’s 30 percent YoY rise in PAT and a 32 percent rise in operational revenue have set a positive tone for … Read more
Stocks to buy or sell: Following strong global market sentiments on the US Fed rate cut buzz, the Indian stock market ended higher on Wednesday. Strong buying was witnessed across segments; all three frontline indices touched a new lifetime high. According to Sumeet Bagadia, Executive Director at Choice Broking, members of the US Fed officials … Read more
Buy or sell stocks for today: On Tuesday, despite mixed global cues, the domestic benchmark indices, the Sensex and the Nifty 50, reached new all-time high levels before finishing flat as a result of profit-taking in a few banking and telecom stocks. In a volatile trade, the 30-share BSE Sensex fell 34.74 points, or 0.04%, to … Read more