Latest Updates Around The World
The Nifty and Nifty Bank index have risen well for the second week in a row. Nifty is getting close to its crucial resistance. We will have to see if the expected bullish breakout happens this time or not. Nifty may gain momentum after breaking above immediate resistance at 25,450. Such a break could take […]
Investors continued to encourage the recently announced GST reforms, while upgrades for growth meter expectations and domestic demand were further improved. In addition, optimism about the resumption of India -Handers, in combination with softer American inflation prints that strengthened the expectations of accelerating the FED rate, further support the rally. Indian shares ended the week […]
Equity markets are likely to remain under pressure in the short term, because roller trends and technical indicators determine a further downward disadvantage in both Nifty and Bank Nifty, according to Rajesh Palviya, Senior Vice President – Technical and Derivate Research at Axis Securities. “So, looking at the overall structure that it is only on […]
