Latest Updates Around The World
Nifty ended with gains for the second day in a row on Wednesday, even as IT stocks dealt a heavy blow to the markets, while most other sectors continued their momentum from Tuesday, helped by the India-US trade deal. The RSI stands at 54.61 and is in an uptrend, but remains below the strong bullish […]
Kaynes Technologies’ sharp 43% decline from its October peak, capped by a steep 12.5% decline on Friday, has raised questions about whether the stock is approaching a reversal zone or sliding into deeper losses. While momentum indicators remain firmly bearish, the wide gap to the 200-day moving average signals potential mean-reversion opportunities for tactical investors.Edited […]
Benchmark index Nifty ended in the red on Thursday, posting its second consecutive losses due to selling pressure in financials, metals and real estate stocks. In doing so, it slipped below the critical 21-EMA on the daily time frame, indicating weakness.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said the […]
As Samvat 2082 begins, brokers are boosting investor sentiment with a bouquet of over 50 stock ideas to capture India’s next phase of earnings growth. After a subdued Samvat 2081, when benchmark indices underperformed global peers, analysts see a rebound in earnings, GST 2.0 reforms and policy-led consumption growth as key catalysts that could drive […]
Indian benchmark indices Nifty on Monday ended their two-session gains amid a sell-off in FMCG and IT stocks. The profit bookings at higher levels took place against the backdrop of weak global signals. Nilesh Jain, Head – Technical and Derivatives Research Analyst at Centrum Broking said Nifty managed to defend the 25,200-point mark despite today’s […]
