The Indian stock market is in a tough patch as the Nifty index is hovering around a key support level of 25,650 after three days of positive momentum. After breaking significant resistance levels earlier this week, the market is now consolidating amid mixed sector performance.Rahul Sharma of JM Financial Services noted, “Right now, we are […]
Forget Prinsjesdagtheater! A deep dive into 15 years of Nifty data shows that investors obsessed with February 1 may be missing the real opportunity: the average Budget Day move is a negligible 0.19% for Nifty 50, while the week after the event has delivered seven times higher returns, suggesting that the smart money is waiting […]
Indian equity markets showed signs of recovery with a return of buying interest, but traders should brace for higher volatility in the near term, said Rahul Sharma, Director and Head – Technical & Derivatives Research at JM Financial Services.Speaking to ET Now, Sharma said the Nifty 50 has found short-term support around the 25,900-25,950 zone […]
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 […]
Krishna Rao, MD and Head of Equity Brokerage, JM Financial Services By betting big on NRI deposits in banks in Kerala, which have crossed the ₹3 lakh crore mark, leading wealth management companies are establishing base or strengthening their presence in the state. They seek to redefine the traditional investment approach, long dominated by bank […]
Indian equities continue to trade positively, and the uptrend looks sustainable as long as the Nifty remains above key support levels, said Rahul Sharma, Director and Head – Technical & Derivatives Research, JM Financial Services. Speaking to ET Now, Sharma noted that despite the recent volatility, the market continues to be supported by the strength […]
“Speaking of the stickiness or lifetime of investors, it is our experience that investors who are primarily busy with revival -based actions, have the tendency to do relatively good in terms of staying active in the market. They also seem to have fewer problems in managing their individual accounts,” says Rahul Sharma, JM Financial Services.Let […]