Global Markets | Australian shares are rising as BHP hits a record high after a first-half profit margin

Australian shares rose on Tuesday, lifted by BHP after the world’s largest listed miner rose to a record with stronger first-half results, setting the tone as earnings season begins for the resources sector. The S&P/ASX 200 ‌ extended gains to close ⁠0.2% higher at 8,958.90 points, building on Monday’s 0.2% gain. With US markets closed […]

Rohit Srivastava on why 25,800 is the key support and 26,500 the next big test for Nifty

The Nifty appears to be stabilizing around key support levels as markets enter the new year, with technical indicators pointing to a possible breakout in the medium term, said Rohit Srivastava, founder of Strike Money Analytics and Indiacharts.Speaking to ET Now, Srivastava said the index has touched multiple bottoms near the 25,800 zone, indicating strong […]

HDFC Bank and Bajaj Finance lead as Nifty50 climbs to new record above 26,300

The Nifty50 index rose to a new all-time high of 26,310.45 during Thursday’s trading session, supported by strong buying interest among heavyweights in financial, IT, infrastructure and consumption-related stocks.The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage gains. […]