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Source: Live Mint Breakout stocks to buy or sell: The Indian stock market indices closed higher after two consecutive sessions of losses due to positive global cues and as fears over the new Chinese virus diminished. The Nifty 50 index closed 0.39 per cent higher at 23,707.90 points, compared to 23,616.05 points at the previous…
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 Recent high-frequency economic data highlights the persistent macroeconomic challenges in India, including subdued GST collection growth, fluctuating automobile sales, and currency volatility, according to InCred. These factors have contributed to cautious market sentiment, with the Nifty 50 index likely to remain in a consolidation phase due to prolonged risks to GDP and…
Source: Live Mint Multibagger stock: Education provider Vantage Knowledge Academy Limited announced an interim dividend issue offering ₹0.10 per equity share, according to an exchange filing on Tuesday, January 7. The company is offering 10 per cent of the face value of a share, and the face value is Re 1 per share. The company…
Source: Live Mint Multibagger stock: Electric Vehicle (EV) manufacturer Mercury EV-Tech Limited’s promoter group, Raghuvir International Pvt Ltd, raised its stake in the small-cap stock on Friday, January 6, according to a BSE filing. As per the filing data, the promoter acquired 14,75,000 pr 14.75 lakh equity shares carrying voting rights and 53,00,000 or 53…
Source: Live Mint Indian stock market: On Monday, January 6, the Indian stock market experienced a sharp decline, with both the Sensex and Nifty 50 indices falling by more than 1.5 per cent each due to widespread selling. Investor concerns were triggered by reports of a new virus outbreak in China. The Nifty 50 dropped…
Source: Live Mint Nifty and Bank Nifty: Indian equity benchmark indices were dragged lower by IT and financial sectors on Friday, 3 January. The Nifty 50 index dropped 0.76% to 24,004.75 points, while the BSE Sensex fell 0.9% to 79,223.11 points. The financial sector fell 1.13%, and the IT sector lost 1.41%, reversing gains from…
Source: Live Mint Stocks to buy or sell: The Indian stock market indices closed lower after Friday’s market session as investors booked their profits amid a strengthening dollar and weak global cues. The Nifty 50 index closed 0.76 per cent lower at 24,004.75 points, compared to 24,188.65 points at the previous market close. The BSE…
Source: Live Mint Buy or sell: Last week, as anticipated, with the start of the new monthly series, both the Nifty and Bank Nifty indices were in oversold conditions. Sustaining above the 23,300–23,500 range and the critical 200-day moving average (200 DMA) created potential for a significant rebound. This materialized with both indices moving notably…
Source: Live Mint Stocks to buy under ₹100: The domestic stock market suffered significant losses on Friday’s market session, with both the benchmark indices closing in the red due to profit booking amid a strengthening US dollar on January 3. The Nifty 50 index closed 0.76 per cent lower at 24,004.75 points, compared to 24,188.65…
