Consequently, both the benchmark indices, Nifty and Sensex settled closer to their record highs at 21,731.40 and 72,240.26 respectively.
Bank Nifty’s evening star, a reversal pattern, looks more pronounced than that of Nifty, which is closer to the interim…
Prices have again started drifting down to 5980 as Red Sea tension have eased. Brent futures have marginally declined to…
In the current context points towards a continued upward trajectory, we believe the initial target will be in the vicinity…
the market has been holding well above 21,300 mark. Immediate support for Nifty lies at the 21,300 mark.
Latest data released from the RBI showed forex reserves rose to the highest level in 20-months to $615.9 billion.
We had entered last week under heavy overbought conditions, and if at all Wednesday’s crash has done anything.
We reiterate our positional target of 39,000 for the index and the 36,300-36,600 zone would act as a buying zone…
Today, US Durable goods orders, Consumer Sentiments and most importantly Core PCE will be closely watched for further guidance on…
US led task force will manage to provide safety for the passage of Red sea or if the attacks intensify.
Technically, the market has been struggling to sustain levels above 21,500, facing constant selling pressure. Immediate support for Nifty lies…
21000-21200 might be the immediate support and only a decisive close below it might bring in further downside.
The RBI in its December monetary policy statement unveiled last week did anticipate an increase in vegetable prices that could…
This suggests that the smaller cap companies had already become buoyant and travelled quite far when compared to the blue…
Technical indicators continue to offer positive signals as the Nifty comfortably trades above the 20 day and 50 day SMA.
The market has been struggling to sustain levels above 21000, facing constant selling pressure.
Markets have been maintaining positive momentum, fueled by favorable global cues, especially from the US markets, and noticeable traction in…
The volatility index, despite appearing positioned towards a sizable rise, eased off on Friday, indicating that traders slipped into a…