The Nifty has entered a phase of near-term weakness after dipping below the 25,900 mark, although the broader uptrend remains intact unless key support levels are breached, Vinay Rajani, AVP – Senior Technical & Derivative Analyst, HDFC Securities, said in an interview with ET Now.Rajani said a simple technical reading shows contrasting signals across time […]
The markets witnessed a week of mild corrective moves as Nifty traded in a slightly downside consolidation phase and ended the week on a negative note. The index fluctuated in a range of 485 points, between 26,178.70 and 25,693.25. Despite a supportive environment from the Fed with a 0.25% rate cut and a temporary deterioration […]
The markets have largely traded within a range over the past week, with the Nifty ending the week on a flat to slightly negative note. Despite a 25 basis point rate cut by the RBI in its monetary policy, the index remained subdued on a weekly basis and did not show any major directional distortions.The […]