India’s stock markets could not sustain the constant supply from higher levels and finally caved in to the uncertainty as the selling bias dominated proceedings on 20 May. With the selling bias showing its colour once again the bulls have been pushed to the background and will need more encouraging triggers to step up the…
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a cautious note Wednesday, tracking mixed cues from global markets. The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 24,800 level, a premium of nearly 25 points…
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Friday, following mixed global market cues. Asian markets traded mixed, while the US market ended mostly higher overnight, after the retail sales and inflation data. On Thursday, the Indian stock market ended with stellar gains led…
India’s benchmark Nifty 50 index surged past the key 25,000 mark on Thursday, notching its highest close in seven months amid signs of easing geopolitical tensions. The rally coincided with the weekly derivatives expiry, pushing volume turnover on the National Stock Exchange to â‚ą1.28 trillion—the highest since 27 March’s â‚ą1.5 trillion mark. Besides, potential short…
Buy: Indian Energy Exchange Ltd (IEX) (current price: â‚ą197.00) Why it’s recommended: Stock gave a strong closing near â‚ą195, which is the 50% Fibonacci retracement level from the swing high of â‚ą240 to low of â‚ą150 — indicating potential for further upside towards â‚ą205+. On the lower time frame (15 min), the stock has given…
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday, tracking mixed cues from global markets. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,720 level, a premium of nearly 80 points from the Nifty…
Indian stock market: After a phase of consolidation, Indian stock markets saw a significant downturn as rising geopolitical tensions between India and Pakistan heightened market volatility and prompted a move toward safer assets. The Nifty 50 ended the week at 24,008.00, falling by 1.39%, while the BSE Sensex closed at 79,454.47, down 1.30%. “The Nifty…
Top News India’s Goods and Services Tax (GST) collections saw a significant rise in April, reaching â‚ą2.37 lakh crore—a 12.6% increase compared to the same month last year. This marks a new milestone in the country’s economic recovery and reflects growing business activity across sectors. The surge in collections isn’t just a number—it represents higher…
The set up by the end of the day indicates continuation of the downside pressure, unless tensions abate. Selling in heavyweights such as ICICI Bank, HDFC Bank and Reliance Industries dragged both Nifty and Sensex down by 1.1% each. Nifty closed down by 266 points at 24,008, slightly below its 200-day moving average of 24,044.25,…
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Thursday amid ongoing conflict between India and Pakistan, and mixed global market cues. Asian markets traded mixed, while the US stock market ended higher after the US Federal Reserve policy. On Tuesday, the Indian stock market ended…
