The market breadth has turned decisively positive with 73% of Nifty 50 stocks now trading above their 50 EMA, signaling growing participation in the ongoing rally. According to Rupak De, Senior Technical Analyst at LKP Securities, this sharp improvement reflects strengthening momentum and improving risk appetite, increasing the likelihood of continued upside potential for the […]
The Sensex shot past 86,000 for the first time on Thursday, reaching 86,026, while the Nifty rose to 26,246.65 – a record last set on September 27, 2024. But peel away the index veneer and the picture becomes grim: almost half of the Nifty50 stocks haven’t even touched their all-time highs this year, exposing a […]