Latest Updates Around The World
The markets saw a decisive drop in trading margin of 500 points (26,200-25,700) after a period of consolidation, ending the week on a negative note. Throughout the week, Nifty was trading with a clear downtrend, fluctuating within a range of 750 points between 26,373 and 25,623. It was the only major global stock index to […]
Despite rising geopolitical tensions and continued uncertainty around global rates, market participants may be reading too much into the apparent weakness of major indices, said Rohit Srivastava, founder of Strike Money Analytics & Indiacharts. While the Nifty has fallen below recent record highs and Bank Nifty has retreated above the 60,000 mark, Srivastava believes the […]
The markets have been trading with a positive bias over the past week as Nifty continued to move higher and consolidate within a certain range. The index fluctuated in a 462-point range during the week, marking a low of 25,878 and a high of 26,340 before settling at a lifetime high of 26,328.55, ending with […]
Benchmark indices rose on Friday amid a broad-based rally in banking, real estate, metals and auto stocks. The NSE Nifty 50 index hit an all-time high of 26,340 today before closing 182 points or 0.70 percent positive at 26,328.55. BSE Sensex ended 573.41 points or 0.67 percent higher at 85,762.01, after rising over 740 points […]
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 […]
The near-term outlook for Nifty has turned cautiously positive, supported by improving technical signals, a recovery in the rupee and a resumption of buying by foreign investors. While resistance around 26,000 points remains crucial, a decisive breakout could pave the way for further upside potential, although periodic consolidations or volatility cannot be ruled out.RUCHIT JAIN […]
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 […]
After a volatile week with the Nifty failing to close in green on a weekly basis, the near-term direction of the market remains uncertain. But according to Anshul Saigal, founder of Saigal Capital, too narrow a focus on weekly moves offers little value to investors. Instead, he believes the real insight lies in understanding where […]
After a shaky start, markets staged a smart recovery on Thursday afternoon, with bank stocks taking the lead again. The Nifty recovered from its intraday lows while Bank Nifty posted a strong outperformance, rising close to 320-330 points.Rahul Sharma of JM Financial Services, in an interview with ET Now, pointed out an important technical situation […]
Analysts expect the uptrend in Nifty to continue as long as key support zones are respected, even as the index moves through a consolidation phase that is nearing record highs. A break above the upper range could extend the rally towards 26,500-26,800, while dips are still seen as buying opportunities and not weakness. Among the […]
