The weekly options data indicated that the Nifty may trade in the range of the 22,000-23,000 zone in the short term The Nifty 50 gained strength in late morning deals after volatility and closed nearly 1 percent higher, extending its northward journey for the second consecutive session on March 6. With Thursday’s rally, the index…
With a much-awaited rebound, the Nifty looks poised to snap its 10-day losing streak, a first in history. The recovery was broad based as all sectoral indices posted gains. Marking an end to the downslide in the market, benchmark indices–the Nifty 50 and Sensex, staged a strong rebound from the oversold territory, closing the session…
From key moving averages, momentum oscillators to historical price trends – Axis Securities in its report highlights the key metrics in its argument that the Nifty may be near a bottom this March. The NSE Nifty 50 index has shed 7 per cent thus far in the calendar year 2025, and declined over 16 per cent…
The broader market displayed a mixed trend, with the BSE Midcap index remaining rising 0.3 percent while the BSE Smallcap index declined 0.7 percent. March typically sees lower investment activity as investors focus on financial year-end obligations, further limiting buying interest. The Sensex and Nifty closed flat on March 3, after falling over half a…
Foreign investors have sold $25 billion worth of Indian equities since the end of September, with $4.1 billion exiting in February alone. While domestic institutional investors have provided some support, inflows are slowing. India’s NSE Nifty 50 saw its fifth consecutive monthly decline, marking its longest losing streak since 1996. The index is now…
In the current session, Sensex gained 10 pts to 74,612 and Nifty slipped 2.5 pts to 22,545. Nifty closed at a nine-month low today, its lowest level since the close of 21,884 on June 4. The benchmark Nifty50 closed lower for the seventh straight session on Thursday, dimming hopes of a recovery led…
The monthly options data indicated that the Nifty 50 is likely to face resistance at 22,700 and see support at 22,500 in the upcoming monthly F&O expiry session scheduled on February 27. The Nifty 50 closed flat with a negative bias after rangebound trading on February 25. The index continued its downward move for the…
There is ‘meaningful upside’ in Indian equities amid ‘less demanding’ valuations, Citi said in a note. Citi upgrades India to ‘Overweight,’ sees Nifty hitting 26,000 by year-end Citi has upgraded India to ‘Overweight’ from ‘Neutral’ in its latest research report, citing attractive valuations, improving consumption trends amid tax cuts and potential 50 bps rate cut.…
NSDL and CDSL, in partnership with SEBI, have introduced the Unified Investor Platform mobile app for investors to effectively oversee their portfolios in the capital markets. The National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), in collaboration with the Securities and Exchange Board of India (SEBI), have launched the Unified Investor…
The BSE Sensex stood at 75,352.10, down 383.86 points or 0.51 per cent. Nifty fell 118 points or 0.51 per cent to 22,795.25. Benchmark stock indices Sensex and Nifty fell in Friday’s trade, in line with the selloff in US stocks overnight. The slide in US equity benchmarks was triggered by data showing a surprise…