Nifty’s rally seems to be hitting resistance around 26,200 points while Bank Nifty is showing early signs of fatigue after surging. Rupak De, senior technical analyst at LKP Securities, expects action in the range up to the November expiry and highlights key support and resistance levels along with his top trade ideas in Hindalco, Five-Star […]
Shares of Jaiprakash Power Ventures (JP Power) rose 11.75% to Rs 22.63 on Thursday, continuing the sharp 15% gain from the previous day as investor sentiment improved following a major breakthrough in Jaypee Group’s insolvency proceedings. Over the last two trading sessions, JP Power shares are up nearly 30%.The rally comes after Gautam Adani-led Adani […]
The Indian market advanced on Friday, supported by gains in financial heavyweights amid renewed inflows of foreign portfolio investors (FPIs) over the past three sessions. Optimism ahead of the quarterly earnings season added to the bullish sentiment, although Tata Consultancy Services (TCS) limited broader gains after reporting weaker-than-expected quarterly results in September. The S&P BSE […]
The Indian market rose on Tuesday for a fourth consecutive session, with a profit in heavyweight financial data that cancel the benchmarks as optimism around the new lending of the reserve Bank of India and cheerful business updates prior to the profit of the September quarter. The S&P BSE SENSEX added 136.63 points, or 0.17%, […]
The Indian market ended higher on Tuesday, because the announcement of Infosys of a potential share purchasing led a rally in IT shares. Consumer-discretionary shares also expressed in the midst of optimism on a broad reduction of goods and service tax, while investor sentiment was further supported later this month by growing expectations of a […]