Latest Updates Around The World
Despite rising geopolitical tensions and continued uncertainty around global rates, market participants may be reading too much into the apparent weakness of major indices, said Rohit Srivastava, founder of Strike Money Analytics & Indiacharts. While the Nifty has fallen below recent record highs and Bank Nifty has retreated above the 60,000 mark, Srivastava believes the […]
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 […]
Mumbai: Building on last week’s momentum, the Indian stock market witnessed strong gains from the banking sector, while metals posted mild gains. Nifty remained above 25,900 points, indicating resilience in major indices despite a quiet trading day. Market expert Rohit Srivastava said in an interview with ET Now: “The next level for Bank Nifty is […]
Market strategist Rohit Srivastava, founder of Strike Money Analytics and Indiacharts, believes the market’s festive momentum will continue. After months of consolidation, he said the Nifty is gearing up for a strong breakout, supported by improving earnings, policy tailwinds and positive technical cues. “We are holding on to these gains because all the bad news […]
After a few volatile sessions, the market’s recent pullback is likely to be just a pause before the next leg higher, said Rohit Srivastava, founder of Strike Money Analytics & Indiacharts. Srivastava believes that Nifty’s consolidation phase is coming to an end and most of the negative news that has weighed on sentiment has already […]
“So this phase represents consolidation – a waiting time before we enter the next phase of the bullmarkt. It is a process of shaking weak hands, although it clearly distinguishes from winners and losers. Shares that cannot produce are defeated, while those who perform well show outperst. How do you read the markets at the […]
