Latest Updates Around The World
Kaynes Technologies’ sharp 43% decline from its October peak, capped by a steep 12.5% decline on Friday, has raised questions about whether the stock is approaching a reversal zone or sliding into deeper losses. While momentum indicators remain firmly bearish, the wide gap to the 200-day moving average signals potential mean-reversion opportunities for tactical investors.Edited […]
The Indian benchmark index Nifty ended the week flat, although the bias remained slightly negative. When markets resume trading on Monday, a host of major domestic and global events coming up this week are likely to impact sentiment.On Friday, the Nifty closed 152.70 points, or 0.59%, higher at 26,186.45. Commenting on the trend, Ravi Singh, […]
The benchmark index Nifty started the month of December on a strong note, posting a new all-time high in its very first trading session. However, this early enthusiasm soon suffered a healthy setback, a typical breather after a sharp surge. Interestingly, this decline found a strong base near the 20-day EMA – a zone that […]
Indian shares may have regained the 26,000-point mark on the Nifty, but maintaining this level will depend heavily on global signals – especially a possible US-India trade deal – according to market expert Sudip Bandyopadhyay. Speaking to ET Now, he said the recent upturn is encouraging but far from a decisive breakthrough.“In the near future, […]
Markets remained largely within range last week, but managed to end on a positive note. Nifty hovered within a narrow intraweek range of 467.50 points while moving between the 25,842.95 and 26,310.45 levels. Although the index recorded a new all-time high, the move was not supported by strong participation in broader markets. Meanwhile, India’s VIX […]
The Indian market ended lower on Friday as a wave of profit-taking started, with the Sensex and Nifty hovering around record highs. Banking heavyweights ICICI Bank and HDFC Bank led the decline, while investors also digested a broader global sell-off triggered by unclear US employment data, clouding the near-term interest rate outlook.The S&P BSE Sensex […]
The Indian market ended the session just shy of record highs on Thursday, with shares of Reliance Industries leading the way, while a strong quarterly earnings report revived investor confidence in the prospects for a broader market recovery.The S&P BSE Sensex rose 446 points (0.52%) to close at 85,632.68, while the NSE Nifty 50 gained […]
The Indian market ended higher for a sixth straight session on Monday, lifted by financial stocks after the Reserve Bank of India introduced relief measures for exporters facing tariff pressure. Optimism around second quarter earnings continued to support broader risk appetite.The S&P BSE Sensex rose 388 points, or 0.46%, to close at 84,950.95. The NSE […]
Markets fell for the second week in a row, pressured by continued foreign fund outflows, uneven corporate earnings and cautious global signals. While optimism surrounding the India-US trade talks provided some support, overall sentiment remained subdued during the shortened holiday week. Both major indices fell over 0.80%, with the Sensex ending at 83,216.28 and the […]
