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Source: Live Mint Buy or sell: The domestic benchmark indices succeeded in maintaining the gains made during the morning session until the close on Friday. The Sensex finished at 78,699.07 points, an increase of 226.59 points or 0.29%, while the Nifty 50 ended at 23,813.40 points, rising by 63.20 points or 0.27%. As of 2024,…
Source: Live Mint Buy or sell: The Indian stock market experienced significant activity this week, influenced by the US Federal Reserve’s decision to cut interest rates by a quarter point, marking its third reduction this year. However, Fed Chair Jerome Powell’s indication of only two more quarter-point cuts in 2025 tempered market optimism. The anticipation…
Source: Live Mint Buy or Sell: The Indian stock market benchmark indices, Sensex and Nifty 50, rallied over 2% each last week, posting their largest weekly gains in six months. The domestic equity market displayed notable activity following the Reserve Bank of India (RBI)’s monetary policy decision. The RBI’s Monetary Policy Committee (MPC) led by…
Source: Live Mint The Nifty 50 index wrapped up the week at 24,965, comfortably above the anticipated support zone of 24,800 to 24,900. A consistent close above the key support level of 25,700 indicates that the bullish trend may continue, with potential resistance levels looming around 26,700. Market participants are keenly observing whether the Nifty…
Source: Live Mint The Nifty 50 index concluded the week at 26,178, settling comfortably above the anticipated resistance zone 26,000. At the start of the week, the index moved above 25500 and concluded the week above 26,000. The consistent close above the key support level of 25,500 suggests that the bullish trend may persist, with…
