The markets witnessed a corrective move in a volatile week as they ended lower. Nifty fell all week and ended negative. The index fluctuated within a wide intraweek range of 733 points, moving between 25,653 and 24,919. India’s VIX rose sharply by 24.80% to 14.19, indicating a sudden spike in risk perception and uncertainty. Nifty […]
In the curtailed week, markets largely consolidated within a narrow range, with Nifty ending the week almost flat with a marginal positive bias. There was a trading holiday on Thursday due to the Mumbai municipal elections. The benchmark index had low participation and remained within the range throughout the period, given the absence of major […]
The market breadth has turned decisively positive with 73% of Nifty 50 stocks now trading above their 50 EMA, signaling growing participation in the ongoing rally. According to Rupak De, Senior Technical Analyst at LKP Securities, this sharp improvement reflects strengthening momentum and improving risk appetite, increasing the likelihood of continued upside potential for the […]
India’s stronger-than-expected GDP growth of 8.2% in the second quarter has likely set the stage for a strong start to the week, with most analysts expecting the market to open higher on Monday. The print has exceeded all forecasts, reviving confidence in domestic demand and strengthening India’s position as a standout market at a time […]
Nifty pared losses in the final hours of trade to end on a positive note for the fourth day in a row, led by stocks from the financial sector, pharma sector and FMCG, despite selling pressure in the auto and IT sectors. The late rally surprised many but was likely triggered by a resounding NDA […]
In the shortened three-day trading week, markets showed a slight uptrend and managed to end with marginal gains. The Nifty remained within a narrow range and fluctuated between 26,104.20 at the higher end and 25,718.20 at the lower end, marking a tight range of 386 points on the week. Despite limited activity, India’s VIX fell […]