Indian stock markets are likely to open lower on Tuesday after global cues turned weak overnight with US stocks falling sharply and GIFT Nifty indicating a negative start. GIFT Nifty was trading nearly 100 points lower late Monday, indicating that benchmark indices Sensex and Nifty could start the session under pressure.The cautious sentiment follows a […]
The Indian benchmark Nifty is hovering around 24,000 points after a sharp sell-off due to escalating geopolitical tensions in the Middle East. Technical analysts warn that the benchmark index could slide towards the 23,000-22,900 range if volatility linked to the US-Iran conflict continues.The index has been trading around 24,028 in recent sessions after witnessing a […]
With the Nifty having fallen below its 200-day moving average amid continued foreign exchange outflows and a weakening rupee, market sentiment has turned decidedly cautious on the Budget. In an interaction, Rupak De, Senior Technical Analyst at LKP Securities, outlines his trading strategy for the January expiry, key levels to watch and stock idea selection […]
Indian stock markets extended their losing streak for the fourth straight session as geopolitical tensions and renewed fears of aggressive US tariff measures shook investor confidence. The Sensex lost nearly 800 points in Thursday’s session, marking a decisive collapse after a week of consolidation, while the Nifty 50 fell sharply below crucial technical levels, raising […]
Markets continued their upward momentum for the fourth week in a row, ending the Diwali-shortened trading period with modest gains. Optimism dominated the first sessions; however, some gains in the latter part of the week offset the progress. As a result, the Nifty climbed 0.33% to 25,795.15, while the Sensex rose 0.31% to 84,211.88. Stronger-than-expected […]