Latest Updates Around The World
The Indian benchmark Nifty is hovering around 24,000 points after a sharp sell-off due to escalating geopolitical tensions in the Middle East. Technical analysts warn that the benchmark index could slide towards the 23,000-22,900 range if volatility linked to the US-Iran conflict continues.The index has been trading around 24,028 in recent sessions after witnessing a […]
In a six-day trading week, the Nifty traded with increased volatility throughout the week and ended with gains. The week was marked by sharp swings with markets first reacting nervously to the Union Budget announced on Sunday, followed by a strong positive reaction to the India-US deal leading to a move higher. As a result, […]
Nifty reversed its two-session winning trend to end lower on Thursday amid broad selling with financial, auto and IT sectors among the major laggards. The index closed below the 50 DMA for the third consecutive session.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said Nifty ended the session on a […]
The India-US trade deal provided a strong boost to domestic equities, with benchmark indices ending the session with broad gains across sectors. Financial, auto, real estate and chemicals sectors emerged as the best performers, while Reliance Industries and HDFC Bank were the largest individual contributors to the frontline indices. The Nifty closed at 25,727.55, up […]
The Indian market ended higher on Thursday, with the Sensex and Nifty paring early losses after a volatile session, as investors weighed continued trading optimism against increasing caution ahead of the Union Budget this weekend.At the close, sentiment recovered with the Sensex adding 222 points, or 0.27%, to 82,566.37, and the Nifty gaining 76 points, […]
Nifty posted its third straight gain on Thursday, helped by buying in financial and energy stocks, although selling pressure in auto, IT and consumer loans capped the upside. The index maintained its position above the 50 EMA on the hourly chart.Commenting on the day’s trends, Rupak De, Senior Technical Analyst at LKP Securities said Nifty […]
Stock ideas Nifty ended with a decline for the third day in a row on Wednesday due to selling pressure in financial services and consumer stocks. The index fell below the 200-DMA on an intraday basis for the first time in many weeks.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities […]
The markets consolidated last week and ended slightly negative. Nifty remained within a defined trading range of 25,700 to 26,100 without any directional breakout. The week was marked by low volatility, with India’s VIX falling 5.70% to 9.52, near multi-year lows, underscoring continued complacency in the system. On a weekly basis, the Nifty fell by […]
