Helpful correction looks healthy, 26,100 key support; Bank Nifty Likely to Outperform: Vinay Rajani

Indian equity benchmarks witnessed mild selling pressure after hitting record highs earlier this week, but the broader trend remains constructive, said Vinay Rajani, AVP and Senior Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Rajani said the Nifty’s recent decline is an ‘ongoing correction’ rather than a trend reversal. Despite falling over 200 […]

Rohit Srivastava on why 25,800 is the key support and 26,500 the next big test for Nifty

The Nifty appears to be stabilizing around key support levels as markets enter the new year, with technical indicators pointing to a possible breakout in the medium term, said Rohit Srivastava, founder of Strike Money Analytics and Indiacharts.Speaking to ET Now, Srivastava said the index has touched multiple bottoms near the 25,800 zone, indicating strong […]

Market Outlook: FII trend, monthly expiry date are among the most important factors to watch this week

Markets ended the shortened holiday week with modest gains, continuing their ongoing consolidation trend. Despite a strong start, benchmark indices remained largely range-bound in the second half, pressured by mixed global signals and subdued year-end trading volumes. The Nifty closed at 26,042.30, while the Sensex ended at 85,041, indicating a cautious but stable market tone.Investor […]

Christmas silence or outbreak in prospect? BSE rejig, rupee is one of the eight factors impacting D-Street this week

Nifty broke its four-session losing streak on Friday but still ended the week with a decline of 0.3%. Trading activity in major global markets is expected to remain subdued due to the extended Christmas holidays, even though Indian markets will be closed for just one day on Thursday, December 25. However, when domestic markets resume […]