Market Trading Guide: Buy Friday Data Patterns and Finolex Cables for Short Term Profits

Nifty ended largely unchanged on Thursday as selling pressure on financial stocks dragged the markets despite buying trends in auto and consumer stocks. The index has consistently failed to regain the 21-EMA on the daily chart, showing a general lack of strength. Decoding the charts, Rupak De, Senior Technical Analyst at LKP Securities, said that […]

Who would have thought this? SBI overtakes TCS, Infosys in Mcap amid PSU banks’ turnaround: Gurmeet Chadha

Market veteran Gurmeet Chadha has said that five years ago, it was difficult to imagine that the State Bank of India (SBI) would overtake IT heavyweights such as Tata Consultancy Services (TCS) and Infosys in terms of market capitalization. While the Managing Partner and CIO of Complete Circle Consultants stopped short of writing down the […]

Market volatility sentiment driven, not yet structural collapse: Vinay Rajani

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 […]