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, […]
The seasonality of the market in November is evenly split between the bulls and bears, with Nifty ending higher in five of the last ten years and falling in the other five years. Despite the mixed record, the index delivered an average positive return of 1.6% over the month. Despite mixed action for India’s pulse […]
The Nifty and Sesex slid on Tuesday for the eighth consecutive session, dragged down by weakness in the consumer, Realty and it has in stock. Buying in car, bank and metal shares, however, helped to limit the losses. Trading activity remained muted, with the handy oscillating in a 140-point range and the Sesex that moved […]
The Benchmark indices of India, Nifty and Sensex, extended their losing series to a seventh straight session on Monday, dragged down by selling in car, IT and Pharma shares. The trade remained with markets that moved in a narrow reach. The Nifty closed at 24,634.90, a decrease of 19.80 points or 0.08%, while the 30 […]
Indian shares broke a loss of six weeks and ended almost one percent higher in the week of vacation. The start was up, although the momentum had been moderated in subsequent sessions in the midst of mixed signals. In the end, benchmark -Indices made progress, with the Nifty closing on 24,631.30 and the Sesex at […]