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Source: Live Mint Buy or sell: The week saw the Nifty consolidating within the 23,300-23,700 range, closing on a flat note. The key highlight was the Reserve Bank of India’s (RBI) monetary policy announcement under the new RBI Chief, Sanjay Malhotra. The Monetary Policy Committee (MPC) unanimously decided to reduce the policy repo rate by…
Source: Live Mint Buy or sell: This week, the Nifty index witnessed a remarkable rally of nearly 1,000 points, surging from 22,700 to 23,700. The primary catalyst behind this uptrend was the Union Budget 2025, which focused on boosting consumption in the economy. The budget introduced several favorable measures for middle-income salaried individuals, increasing disposable…
Source: Live Mint Buy or sell: The Nifty index exhibited constrained movement throughout the week, fluctuating within the 23,500–24,200 range. However, a lack of a decisive breakout above the 24,200 level caused the index to retest its support zone of 23,300–23,500. The week closed below this crucial support level, signaling potential weakness. The week began…
Source: Live Mint The combined market capitalization of five of the top-10 most-valued companies fell by ₹1,85,952.31 crore last week, with HDFC Bank experiencing the largest decline, aligning with a weak trend in the domestic stock market. During the same period, the BSE Sensex dropped 1,844.2 points (2.32 per cent), while the Nifty index shed…
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…
