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Source: Live Mint Nifty 50 on 7 January: Recap Even though there was a brief recovery on 7 January, markets still encountered notable selling pressure during attempts to bounce back, suggesting that bearish sentiments prevail. Interestingly, the volatility index (India VIX) decline indicates a reduction in participant anxiety. Considering these mixed indicators, it’s advisable to…
Source: Live Mint Nifty 50 on 30 December: Recap Benchmark indices fell on the penultimate trading day of 2024, dragged down by losses in banking stocks amid weak global cues. Most global markets traded weak as elevated US treasury yields and the prospect of fewer US rate cuts than earlier anticipated weighed on sentiment. Nifty…
Source: Live Mint Nifty 50 on 26 December: Recap The Nifty opened on a positive note but traded sluggishly through the day, ending slightly higher at 23,750. Meanwhile, the volatility index, India VIX, surged 6.50% to 14.04, signalling heightened market instability. Read this | Top sectors to pick and avoid in 2025 With trends remaining…
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 JTL Industries, a company specialising in the production of ERW pipes, GI pipes, MS black pipes, hollow sections, and solar structures, has received a ‘buy’ rating from Axis Securities. Axis Securities has set a target price of ₹111 per share, suggesting a 10 per cent upside from its current market price of…
Source: Live Mint Nifty 50 on 10 December: Recap On 10 December, Indian stock market benchmarks, the Sensex and Nifty 50, ended the session flat, with limited overall gains. However, stock-specific action kept market participants engaged. The realty sector stood out, advancing over 1%, while IT and PSU banks also contributed to the gains. On…
Source: Live Mint Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, commenced the second week of December with a slowdown, as both indices began Monday with a slight decline. At 12:46 IST, Nifty 50 index was trading at 24,626.55 points, down 51.25 points, while Sensex was at 81,569.48, down 130.96 points. Market…
Source: Live Mint Nifty50 on 3 December Indian stock market’s benchmark index Nifty50 extended its gaining momentum for three consecutive sessions. The index gained around 181 points or 0.75% and formed a bullish candle with a higher-high and higher-low price structure. It started the session on a positive note at 24,367.50 and made an intraday…
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 Diwali 2024 Stock Picks: Indian stock market benchmark indices, Sensex and Nifty 50, saw a short-covering rally on Friday after witnessing a sharp fall over the past three sessions. However, the benchmark Nifty 50 has rallied over 23% in the past 12 months. Brokerage firm Anand Rathi has come out with its…
