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Source: Live Mint Buy or sell: The Nifty index continued its downward trajectory this week, marking the seventh consecutive week without closing above the weekly high. Currently trading below last month’s low of 24,000, the index remains in a correction phase and is hovering near its 200-day moving average (DMA). Weekly Trading Overview The week…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open flat amid mixed global market cues. The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,235 level, a premium of nearly 10 points from the Nifty…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Monday tracking weakness in Asian markets. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,130 level, a discount of nearly 90 points from…
Source: Live Mint Buy or sell: After a week marked by significant global events, including the US presidential election and the Federal Reserve meeting, the Nifty Index wrapped up at 24,148. Despite some volatility, the index remains trapped within a trading range of 23,800 to 24,800. The direction of the breakout, either above or below…
Source: Live Mint The Indian stock market continued to consolidate for another week, losing over half a per cent, signalling the continuation of a corrective phase. The week began cautiously due to concerns ahead of the US Presidential elections, followed by a brief mid-week recovery after the poll results. The gains could not hold, reflecting…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower and remain volatile on Thursday amid mixed global market cues. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,450 level, a discount of nearly…
Source: Live Mint Indian stock market frontline indices, Sensex and Nifty 50, are likely to open lower on Tuesday following mixed global market cues amid uncertainty over US Presidential Elections 2024. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,080 level, a…
Source: Live Mint Buy or sell: The Nifty 50 index wrapped up the week at 24,304, reflecting notable volatility as traders navigated through market dynamics. As the monthly expiry approached, a short covering rally provided a brief respite, enabling the index to bounce nearly 500 points and reaching nearby resistance levels around the 24,700-24,800 zone….
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, experienced gains during a special one-hour muhurat trading session on Friday, November 1, celebrating the Diwali festival, with the rise primarily driven by auto stocks following encouraging monthly sales figures. The Nifty 50 advanced by 0.41% to 24,304.35, while the Sensex…
Source: Live Mint The Indian stock market faced selling pressure throughout October as bears tightened their grip on D-Street amid weak global cues and rising volatility. The challenges compelled the frontline indices to enter the bear market just a few days before Diwali 2024. However, the Muhurat Trading session, which kicked off Vikram Samvat 2081,…
