Sustainability above 17,900 in Nifty would further subside the pressure and help the index to inch towards 18,200 levels.
If volatility in Nifty is unable to be contained above 17,750, side ways to negative bias would dominate.
Market expectations that the US Fed rate hiking cycle could be nearing a close, China’s reopening and lower gas prices…
Gold plays an important role in asset allocation. Risk diversification is an essential aspect of asset allocation. Historical data shows…
The budget doesn’t contain any implications or provisions that would spook the markets, stated Sahil Kapoor.
The short-term trend of Nifty is highly volatile. Nifty could retest the crucial resistance of 17,800 levels in the near…
As long as Nifty and Sensex are holding their support zones at 17,500 and 59,000 respectively, the pullback formation may…
With FIIs heavily short in the Index before the Union Budget and huge selling in the cash market, Nifty is…
The dollar index trimmed a modest weekly loss amid higher Treasury yields as traders await policy meetings next week and…
Indices slip ahead of the Union Budget and FOMC rate hike decision, falling over 2% last week. Banking, Financial, Cement,…
Smallcap stocks saw significant short buildup when compared to large and midcap stocks ahead of the Union Budget.
The short-term trend of Nifty has turned negative. Having placed at the important support, a minor pullback rally is expected…
Nifty, Sensex consistently take resistance near 18200/61300 and have also formed a double top formation on intraday charts which is…
Nifty has been hovering within the 17750-18250 zone and currently trading closer to the upper band of the range. A…
A truncated expiry week, since Thursday is a trading holiday due to Republic day, could lead to a surprise rise…
Nifty technically has formed a Bearish candle on daily scale and negated its higher lows formation of the last five…
Typically, Indians have sentiments associated with gold and see it as a protector against bad times. As 2023 has just…
Pricing power gives a business an edge over competitors; a business with pricing power tends to generate more profits. With…