Indian Stock Market: Nifty surpassed the 22,000 mark during the first half of the Friday session but subsequently formed a double top on the hourly chart. Confirmation of a bullish trend resumption would only occur with a decisive breakout above the double top, which is currently identified around 22,125. Conversely,Read More →
The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 21,963 level as compared to the Nifty futures’ previous close of 21,875. Catch Live Market Updates here On Monday, the domestic equity benchmark indices ended with sharp gains withRead More →
Indian Stock Market: A tough battle unfolded in the market as the Nifty remained highly volatile throughout the day. The sentiment may continue to lean towards the bears as the Nifty struggled to surpass the 21500 mark, where call writers held substantial positions. Looking ahead, the trend is likely toRead More →
Indian corporates continue to maintain their optimistic business performance. The demand and the earnings growth are being sustained in Q3. Notably, the material sector excels, particularly in segments such as metals and cement, attributed to improved realization and reduced raw material costs. Conversely, chemicals, a segment of material, has experiencedRead More →
The frontline indices grappled to gain momentum this week amid global uncertainties and lacklustre earnings by major companies so far. Despite this, railway PSUs have emerged as robust performers, delivering double-digit returns, with some boasting gains exceeding 55 per cent. Among these, Rail Vikas Nigam Limited (RVNL) witnessed a spectacularRead More →
FPIs have sold ₹13,047 crore worth of Indian equities and the total inflow stands at ₹134 crore as of January 19, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. FPIs were big players in financial services and information technology (IT), according toRead More →
The stock has risen over 4 percent just in January, extending gains for the fifth straight month since September 2023. Between September and January to date, it has advanced 23 percent. Meanwhile, the stock has jumped 37 percent in the last 1 year. The private sector lender hit its 52-weekRead More →
V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services observed that the current rally in the market, primarily driven by momentum, is now getting support from fundamentals. He said the sharp bounce in large-cap IT stocks on the back of slightly positive management commentary indicates that an underperforming segment canRead More →
The trends around Gift Nifty a flat start for the broader index in India, with a gain of 2 points. The Nifty futures were trading around 22,043 level as compared to previous level at 21,715. Catch Live Market Updates here On Friday last week, the domestic equity market benchmarks theRead More →
The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 21,716 level as compared to the Nifty futures’ previous close of 21,723. Catch Live Market Updates here On Wednesday, the domestic equity benchmark indices ended higher with the NiftyRead More →
