The Nifty has entered a phase of near-term weakness after dipping below the 25,900 mark, although the broader uptrend remains intact unless key support levels are breached, Vinay Rajani, AVP – Senior Technical & Derivative Analyst, HDFC Securities, said in an interview with ET Now.Rajani said a simple technical reading shows contrasting signals across time […]
Indian equity benchmarks posted modest weekly losses, pressured by continued outflows of foreign institutional investors and continued uncertainty over US-India trade talks. However, sentiment improved towards the end, with markets ending the week on firmer footing after the US Federal Reserve implemented a 25 basis point interest rate cut. The Nifty rose 0.57 percent on […]
The Indian market ended lower on Tuesday, with the Sensex and Nifty retreating after briefly beating record levels in the previous session, as investors held on to gains and foreign funds continued to trim their exposure. A mix of profit-taking and external pressure kept the benchmarks under pressure. The S&P BSE Sensex fell 503.63 points, […]
Stock ideasIndia’s benchmark index Nifty ended lower on Tuesday, posting its third straight loss due to selling pressure in IT, auto and consumer stocks. The range expiration in November remained subdued. Commenting on the day’s action, Nilesh Jain, Head – Technical and Derivatives Equity Research Analyst at Centrum Broking, said the index struggled to cross […]
The Indian market was closed on Wednesday for a holiday. On Tuesday, the Sensex and Nifty closed lower, continuing their losing streak after a lull on Monday amid sharp declines in IT, auto and metal stocks. The Nifty closed at 25,597.65, down 165.70 or 0.64%, while the 30-share Sensex settled at 83,459.15, down 519.34 points […]