The immediate support is expected to be 23,400, which coincides with the 200-day EMA. If the Nifty 50 decisively breaks this level, the selling pressure may extend toward the 23,200-23,000 zone. However, on the higher side, 23,800 is likely to remain a key hurdle going ahead, experts said. Nifty Downtrend The benchmark Nifty 50 snapped…
Not out of the woods yet, adopt staggered approach to equity investing, large-cap and flexicap mutual funds remain the best bet, say financial advisorsStock market recovery: Retail investors must focus on asset allocation rather than market movementsBenchmark equity indices – BSE Sensex and Nifty50 – have staged a smart comeback in March, after having witnessed a…
Cash equity market trading volumes have more than doubled between FY23 (when the limits were set) and the current FY25, says SEBI Pandey added that on the public space, there is a need to shed a level of privacy to do a public function. “We moved towards more of transparency at the cost of privacy,”…
During the week, the BSE Large-cap index added 4.6 percent, while BSE Mid-cap index rising 7 percent, posting biggest weekly gain Since February 2021 and BSE Small-cap index gaining nearly 8 percent, recording biggest gain since June 2020.Market This WeekThe broader indices outshine the main indices and post biggest weekly gain in nearly 5 years…
The rally in the market comes at a time when trade tensions are escalating and more is expected when the reciprocal tariffs kick in on April 2. Indian benchmark indices rebounded this week with analysts suggesting that the “worst is over,” driven by foreign institutional investors returning to Indian stocks amid attractive valuations and…
Following a brief spell in the red, the midcap 100 and smallcap 100 indices clawed backed in the positive with gains of about 0.7 percent each. Benchmark indices Nifty and Sensex closed sharply higher on March 20, extending their winning streak as a broad-based rally lifted all sectoral indices over 1 percent. IT stocks…
Technical charts show that Tanla Platforms, Mazagon Dock have given a fresh breakout on the daily charts; these 2 stocks along with BSE, Zomato and GR Infra can potentially rally another 24 per cent. As equity markets extended the rally for the third straight trading session, 1 in every 50 stocks from the Nifty…
The weekly options data suggested that the Nifty 50 is expected to face its next resistance at 23,000, where the maximum Call open interest is placed, while support is observed at the 22,500 level. Nifty Bullish Trend The Bulls strengthened their support for the Nifty 50 on March 18, not only taking the index beyond…
Biggest Nifty gainers were ICICI Bank, M&M, Shriram Finance, L&T, Tata Motors, while losers included Bajaj Finserv, Bharti Airtel, Tech Mahindra. All the sectoral indices ended in the green with auto, capital goods, consumer durables, metal, power, realty, media index up 2-3 percent. Market Today Indian equity indices extended the gains on the second consecutive…
IndusInd Bank share price: The stock rose 0.72 per cent to settle at Rs 676.95. At this price, it has cracked 35.40 per cent in a month. Shares of IndusInd Bank Ltd on Monday resumed climb after a single-day hiatus. The stock rose 0.72 per cent to settle at Rs 676.95. At this price, it has…