Benchmark indices ended on positive note in the highly volatile session Thursday with Nifty ending above 15,500. The BSE Sensex closed 443.19 points or 0.86% at 52,265.72, and the Nifty settled 143.40 points or 0.93% higher at 15,556.70. Among sectors, Auto Index rose 4%, while capital goods, Information Technology, pharma and realty indices up 1% … Read More “Nifty ends above 15500, Sensex rises 443 pts; selling pressure to continue, stock-specific action likely” »
Tag: Nifty 50
By Subash Gangadharan On the daily chart, we can observe that after recently breaking the lows of 15735 and touching a new 52-week low last week, NSE Nifty 50 bounced back this week. But the bounce has not sustained as selling once again emerged from the resistances and pushed the Nifty index lower. Technical indicators … Read More “Nifty could fall to 14592 in coming weeks; sell these two stocks to pocket gains, charts show downtrend” »
Domestic equity markets ended in red after a two-day rally, as lack of triggers erased momentum. The BSE Sensex index slumped 709 points, or 1.35 per cent, to end at 51,823 with 28 of the 30 index constituents settling in the red. The Nifty 50 closed at 15,413, down 226 points or 1.44 per cent. … Read More “Nifty, Sensex end deep in red amid weak global cues; markets to remain volatile in near-term” »
Indian benchmark indices jumped 1.7% on Tuesday and firmly raced up following the long haul of losses last week. The BSE Sensex rose 872 points to 52,469, and the NSE Nifty gained 262 points to 15,610. “Markets were technically in oversold territory and thus witnessed a bounce back, especially in a light market since US … Read More “Why Sensex surged 800 pts, Nifty jumped 1.7% today; should investors start buying stocks amid volatility?” »
BSE Sensex and NSE Nifty 50 were trading more than 1.5 per cent higher on Tuesday, on the back of positive global cues. So far in the day, the 30-share index S&P BSE Sensex hit a day’s high of 52,402, while NSE Nifty 50 touched 15,603.95. No stock on S&P BSE Sensex hit a fresh … Read More “BPCL, Future Consumer, JK Cement among 143 BSE stocks to hit 52-week lows; 27 scrips at new highs” »
Domestic stock indices snapped their 6-day losing streak on Monday as BSE Sensex and NSE Nifty 50 rose higher. BSE Sensex closed 237 points, or 0.46 per cent, higher at 51,598 and the NSE Nifty 50 shut shop at 15,530, up 57 points or 0.37 per cent. However, on Tuesday trends on SGX Nifty was … Read More “Reliance, Vodafone Idea, Bank of India, LIC, Happiest Minds, Adani Power stocks in focus on 21 June 2022” »
Extreme volatility gripped the markets today as the benchmark indices swung in gains and losses all through the day. Snapping the 6-day losing streak, the BSE Sensex closed 237 points, or 0.46 per cent, higher at 51,598 and the NSE Nifty 50 shut shop at 15,530, up 57 points or 0.37 per cent. Sectorally, the … Read More “Nifty, Sensex snap 6-day losing streak to end in green; volatility to persist, ‘use sell on rise’ strategy” »
By Narendra Solanki The markets continue to witness volatility so far in 2022 with some session of rebound in between as inflation continues to scale higher and central banks in most countries are tightening monetary policies in a hurry to avoid falling behind the curve. The major part of the jump in global inflation has … Read More “Stock market correction can’t be ruled out in short term, expect high volatility on inflation worries” »
NSE Nifty 50 has not bottomed out yet. In fact, the index has broken the crucial support level at 15700, which it has held for the last 3 months, Shrikant Chouhan, Head of Equity Research (Retail) at Kotak Securities, said. In an interview with Surbhi Jain of FinancialExpress.com, Shrikant Chouhan said that if the 50-share … Read More “Nifty not bottomed out yet, extreme volatility on cards; buy ITC, M&M stocks, sell Axis Bank | INTERVIEW” »
By Dharmesh Shah Equity benchmarks extended losses tracking weak global cues post US FOMC meet outcome last week. The NSE Nifty 50 index ended the week at 15294 down 5.6%. The broader market indices extended weakness as Nifty midcap, small cap indices lost ~6% and 8%, respectively. Sectorally, all major indices ended in red weighed … Read More “Nifty support at 14600-14800 as it falls below 15700, Bank Nifty to see hurdle at 33800; Buy Reliance, Infosys” »