Latest Updates Around The World
The ongoing volatility in Indian equities is largely sentiment-driven rather than structurally weak, with the benchmark index stuck within a tight consolidation band for over a month, said Vinay Rajani, AVP and Senior Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Rajani said that the market has remained within a certain range for […]
The near-term outlook for Nifty has turned cautiously positive, supported by improving technical signals, a recovery in the rupee and a resumption of buying by foreign investors. While resistance around 26,000 points remains crucial, a decisive breakout could pave the way for further upside potential, although periodic consolidations or volatility cannot be ruled out.RUCHIT JAIN […]
Indian shares showed remarkable resilience on Friday, with the Nifty nearing the 26,100 mark. Despite global markets, especially the US, showing weakness, domestic indices have managed to hold their ground, sparking optimism among investors. CA Rudramurthy BV, MD, Vachana Investments while commenting on the performance of the market, he pointed out that, “First of all, […]
The main index Nifty ended on a positive note for the fifth day in a row, helped by strong buying in financial services and auto stocks. The daily chart showed a breakout from this consolidation zone, confirming renewed bullish momentum. Commenting on today’s Vatsal Bhuva, technical analyst at LKP Securities said today’s breakout highlights the […]
