Indian equity benchmarks continued to trade within a narrow range while the Nifty struggled to maintain momentum around the 26,000-point mark, pressured by weakness in the IT sector and spells of profit booking. Market participants are increasingly focusing on key technical levels as the index attempts to consolidate after recent gains.Speaking to ET Now, Rajesh […]
Indian equity markets are showing early signs of stabilization after weeks of volatility, with the Nifty consolidating around key support levels, said Nagaraj Shetti, Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Shetti said the index has been witnessing high volatility near the 25,500-25,600 zone, but consistent buying from lower levels indicates a […]
With global macro risks rising and the Indian rupee weakening, equity markets are likely to remain within their range in the near term, says Anand Tandon, independent analyst. Speaking to ET Now, Tandon said he is taking a cautious stance as the market lacks clear triggers, earnings remain mixed and global developments – especially interest […]
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 […]
The Indian market reversed early gains to close lower for a second straight session on Tuesday, with a pullback in the financial sector weighing on sentiment. Meanwhile, LG Electronics India, despite not being part of the indices, made a blockbuster debut, with a 50% premium to its issue price, the strongest market debut for a […]