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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 logged its sixth weekly loss in seven weeks, as worries about a slowdown in consumption added to concerns over earnings moderation and foreign outflows. Domestic equity benchmarks Sensex and Nifty 50, after smashing many record peaks this year, slipped into a correction mode, with the indices falling 10…
Source: Live Mint Breakout stocks to buy or sell: The Indian stock market witnessed a tough Tuesday day as investors switched back to their sell-on-the-rise strategy after showcasing optimism in the early morning session. The Nifty 50 index closed 1.07 per cent at 23,883, the BSE Sensex index closed 1.03 per cent lower at 78,675,…
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 Stock market today: A sharp selloff hit the Indian stock market on Tuesday, October 22, pulling down the benchmark indices, Sensex and Nifty 50, by more than 1% each. The Sensex ended the day down by 931 points, or 1.15%, closing at 80,220.72, while the Nifty 50 dropped 309 points, or 1.25%,…
Source: Live Mint Indian stock market: The Indian market closed lower on Friday, dragged down by auto and banking stocks. While gains in pharma and metal sectors offered some support, they weren’t enough to lift the indices. As a result, the Nifty 50 declined by 0.14%, marking its third consecutive close below 25,000 at 24,964….
Source: Live Mint Buy or sell: As discussed last week, both the Nifty and Bank Nifty indices were in overbought conditions, resulting in a significant correction over the past week. The Nifty index dropped by nearly 5%, closing at 25,014, while the Bank Nifty corrected by about 6%, ending at 51,462. The Federal Reserve’s decision…
Source: Live Mint Buy or sell: As we have already discussed in the last week due to a major fed rate decision meeting in upcoming week, we can see a breakthrough in the indices. This week, the Nifty index closed at 25,790, marking a significant breakthrough above the key resistance level of 25,500. This rise…
Source: Live Mint Indian stock market: Benchmark equity indices Sensex and Nifty reached new all-time highs on Thursday, following positive global trends after the U.S. Federal Reserve announced its first policy rate cut in over four years. The 30-share BSE Sensex increased by 236.57 points, or 0.29%, closing at a record high of 83,184.80. During…
Source: Live Mint Indian stock market: The Indian market saw another day of consolidation on Tuesday, with traders staying cautious ahead of the Federal Reserve’s upcoming policy meeting. On Wednesday, the Fed is anticipated to announce its first rate cut since 2020. The Nifty 50 closed the session with a 0.14% rise at 25,418 points,…
