Dalal Street Week Ahead: Nifty Enters Consolidation Phase; breakout above 26,100 key for the next market move

The markets consolidated last week and ended slightly negative. Nifty remained within a defined trading range of 25,700 to 26,100 without any directional breakout. The week was marked by low volatility, with India’s VIX falling 5.70% to 9.52, near multi-year lows, underscoring continued complacency in the system. On a weekly basis, the Nifty fell by […]

Dalal Street Week Ahead: Smart Eyes Break Above 25,550 as Auto, Metal and PSU Banks Lead the Momentum

The markets traded positively throughout the week as Nifty continued its upward move and remained within a certain range. The index fluctuated in a narrow band of 448.70 points and moved between 24,881.65 and 25,330.75. Despite intra-week volatility, the index managed to post a net gain of 391.10 points, or 1.57%, on a weekly basis. […]