Chart patterns across different time frames reflect indecision and increasing volatility, indicating exhaustion of the recent correction phase rather than a clear trend reversal. Analysts view a decisive close above the 25,880–25,900 zone as key to reviving upside momentum, while a break below 25,400–25,500 could deepen short-term weakness.NAGARAJ SHETTI SENIOR TECHNICAL RESEARCH ANALYST, HDFC SECURITIES […]
India’s dilapidated railway stocks are showing new signs of life. After languishing for most of 2025, the sector has recovered sharply in the past five trading sessions, adding over ₹66,500 crore in market value as investors reposition themselves ahead of the Union Budget and latch on to improving earnings signals.The recovery marks a tentative comeback […]
Indian equity markets started the week on a positive note, but the momentum quickly faded, with benchmark indices running largely within the range over the past few sessions. According to Jigar S Patel, Senior Manager – Equity Research at Anand Rathi, the broader technical situation remains optimistic, although near-term consolidation is likely. Useful: consolidation before […]
Railroad stocks are back in the spotlight as 2025 draws to a close, with investors snapping up names that have struggled for much of the year. Shares of RVNL, IRCTC, Jupiter Wagons, RailTel, Texmaco Rail and Titagarh Rail posted sharp gains this week, attracting buyers to a sector now buzzing with pre-Budget speculation. The question […]
Shares of Rail Vikas Nigam Ltd (RVNL) fell 3.13% in early trade to hit a low of Rs 307.75 on the BSE on Wednesday, November 12, after the company reported a 19.7% year-on-year (YoY) decline in consolidated profit after tax (PAT) for the second quarter of FY26. PAT stood at Rs 230 crore in Q2FY26, […]
The markets witnessed a volatile session on the weekly expiration day but ultimately ended in the green, extending Monday’s recovery. Technically, analysts say the Nifty has regained its short-term moving average, the 20-DEMA, around 25,600. Staying above this level could open the door for a move towards 25,800-26,000, while any weakness below could lead to […]