Pharma shares shake below the 100% tariff shock of Trump and the graphs do not offer much lighting. Anand James van Geojit Investments warns Laurus Labs has indicated a topping pattern, while Wockhardt is stuck in turbulent consolidation. Both counters could see wider trade ranges and more pain in front of the bow. Edited fragments […]
Rajesh Palviya, Axis Securities, shared his prospects in the markets and trade strategies in the midst of increased volatility. He noted that uncertainty resulting from global signals, in particular comments from US President Trump, has kept investors carefully despite various reform -driven announcements of the Indian government. According to him, the Nifty crucial support zones […]
Indian shares were closed higher for the third consecutive week, supported by positive signals from both domestic and global markets. After a modest start, Benchmark Indices have gained ground for most of the week, although Winbooking has cut some profits in the last session. The Nifty and Sesex finished almost 1% higher, respectively at 25,327 […]
Indian shares can extend their upward momentum next week, with Nifty on its way to 25,300 and Bank Nifty probably 55,200 attempt, said Rajesh Palviya, Senior VP – Technical and Derivatives Research at Axis Securities. “Nifty succeeded in giving an outbreak of the falling trend line on the daily graph and to keep comfortable above […]
Investors continued to encourage the recently announced GST reforms, while upgrades for growth meter expectations and domestic demand were further improved. In addition, optimism about the resumption of India -Handers, in combination with softer American inflation prints that strengthened the expectations of accelerating the FED rate, further support the rally. Indian shares ended the week […]
The eight -day winning series of Nifty reflects a cautious but positive undertone, says Rupak de van LKP Securities. He sees it upside down, defense shares on the radar and is still proceeding in discovery mode. For the week, his top choices Railtel, Cochin Shipyard and Bajaj Finance include. Edited fragments from a chat: Nifty […]
The Indian market ended higher on Wednesday, with banking and metal shares of leading profits, while investors were waiting for updates from a gods and services Tax (GST) council meeting that are expected to weigh the rate reductions on different products. The NSE Nifty went to 135.45 points, or 0.55%, to end at 24,715.05, while […]
The Indian market ended lower on Friday and fell for a third consecutive session, dragged down by Reliance Industries after the annual shareholders’ meeting and further put under pressure by investors Onesse American rates for the Indian export that were rolled out earlier this week. The BSE Sensex fell 270.92 points, or 0.34%, to end […]
Equity markets are likely to remain under pressure in the short term, because roller trends and technical indicators determine a further downward disadvantage in both Nifty and Bank Nifty, according to Rajesh Palviya, Senior Vice President – Technical and Derivate Research at Axis Securities. “So, looking at the overall structure that it is only on […]
Markets ended the holiday -loving week in the red because the sentiment was moistened by concern about the impact of American rates on Indian exports that came into effect during the week. The risk shade remained soft at the weekend, so that the headline indices were kept under pressure and knew a large part of […]