Written by Mumbai (Maharashtra) [India], November 21 (ANI): Selling pressure returned to the Indian markets as both indices slipped into negative territory after a positive start. The Nifty 50 index opened at 23,518.50 points with a gain of 64.70 points (0.28 per cent), while the BSE Sensex also gained at opening, starting at 77,711.11 points with a […]
Mumbai (Maharashtra) [India], November 14 (ANI): Indian markets opened flat on Thursday with a marginal dip, maintaining the continuous selling pressure in both major indices. The Nifty 50 index opened at 23,542.15 points with a decline of 16.90 points or 0.07 percent, while the BSE Sensex opened at 77,636.94 with a dip of 54.01 points […]
Markets have been in a phase of correction since the Sensex and Nifty hit their all-time highs on September 26. The market’s exuberance over Donald Trump’s win lasted just a day, and it turned back to red on Thursday and Friday. FPI outflows and worries on earnings slowdown have been bolstering the bearishness in the […]
The Nifty closed with a loss of 51 points (-0.2%) at 24,148 while the broader markets underperformed, with midcap and smallcap indices losing 1.3% and 1.7%, respectively, on Friday. The US Fed cut its benchmark lending rate by 25 bps to 4.5%, in line with expectations and in an attempt to support economic growth, China’s […]
“I have to compare myself not with my past performance but the players who are running along with me,” says Vijay Kedia, Private Investor. So, what is going to keep you busy this Samvat year? Vijay Kedia: This Samvat, same thing. What has worked for you in the past should work for you in the […]
The special one-hour Muhurat trading session on Friday saw benchmark indices end with modest gains, marking a positive start to the new year for the seventh straight year. The Sensex closed at 79,724, gaining 335 points or 0.42 per cent, while the Nifty rose 0.41 per cent to 24,304. Mahindra & Mahindra topped the Nifty […]
Muhurat trading is traditionally held on the evening of Diwali, symbolizing new beginnings and prosperity. Investors treat this day as an opportunity to make fresh investments, believing that trades made during this auspicious hour will yield fruitful returns throughout the year. The atmosphere is charged with optimism as traders engage in buying stocks, often driven […]
Nifty closed lower on Wednesday after a two-day gain. A sell-off in the later half of the session erased the morning gains as the star performers of the previous two days i.e. banks came under profit-taking. Nifty formed a small red candle on Wednesday near the 100-Day Exponential Moving Average (DEMA), signalling strong resistance around […]
The Nifty gained 128 points on Tuesday to close at 24,467. It started on a weak note, but bounced back sharply from around the support zone of 24,150-200 and remained above the same throughout the trading session. The first half was very volatile after a negative start and, simultaneously, fresh buying emerged during the second […]
The Nifty formed a long bearish candle on the weekly chart on Friday. Technically, this suggests that the markets are likely to remain under pressure in the near term. However, there is a possibility of a minor pull-back rally or sideways consolidation in the next 1 or 2 days after a sharp fall, which was […]