The stock market has shown signs of a weakened short-term trend, particularly concerning the Nifty index. A downward correction has taken hold, indicating potential volatility in the near future. Experts suggest that if the Nifty breaks below the critical support level of 22,800, it may further decline towards the next support level around 22,350. According ...
The recent tariff attacks initiated by Trump have sparked significant reactions in the financial markets, leading to a robust recovery from previous lows. The Nifty index has managed to stay above the 23,200 mark, showing resilience amidst the global economic turbulence. In this scenario, market experts are advising investors to focus on specific stocks that ...
The stock market has shown a consistent buying mood for the third consecutive day, signaling positive momentum. In intraday trading, Nifty has managed to cross the 22,900 mark, while the Bank Nifty is gaining significant traction. Amid this bullish trend, market experts are advising investors to place their bets on dominant stocks that have the ...
In recent market analysis, experts have observed a notable slowdown in trading activities, leading to marginal declines in market indices. This trend has raised various questions regarding the overall stability and direction of the market. Ajit Mishra, Senior Vice President of Research at Religare Broking, has provided insights into the current market situation, highlighting the ...
Indian Share Market Analysis – January 31 Overview of the Indian Share Market on January 31 On January 31, 2023, the Indian share market demonstrated remarkable performance as investors displayed optimism ahead of the upcoming budget announcement. The Sensex surged by 740 points, while the Nifty crossed the significant 23,500 mark. This marks the fourth ...
The Indian stock market showed a remarkable recovery on January 28, as banking and financial sector stocks surged, propelling both the Sensex and Nifty indices to impressive gains. As the market closed, the Sensex rose by 535 points, while the Nifty approached the 23,000 mark. However, the small and mid-cap stocks struggled, continuing a downward ...
In the recent banking sector analysis, a significant amount of delivery buying has been observed in various banks. Notably, HDFC Bank saw delivery purchases totaling ₹2,172 crores, while ICICI Bank and State Bank of India (SBIN) recorded ₹1,072 crores and ₹1,045 crores, respectively. This surge in investment highlights the banking sector as a relatively undervalued ...
Stock market updates are crucial for investors and traders as they navigate the complexities of domestic and global economic conditions. Understanding these dynamics helps make informed decisions, contributing to a well-rounded investment strategy. Let’s delve into the current market trends based on recent developments in both local and international economies. Current Market Sentiment Recent reports ...
The Indian stock market has shown promising signs of growth and stability in recent sessions, especially with the Nifty 50 index demonstrating a bullish trend on Monday. For this upward momentum to continue in the upcoming trading sessions, it is crucial for the Nifty 50 index to maintain its position above the critical level of ...
The Indian stock markets have recently faced pressure due to selling by Foreign Institutional Investors (FIIs). However, there is a silver lining as crude oil prices have witnessed a significant decline of over 4.5%, dropping below $73 per barrel. This decrease comes despite supply concerns following Israel’s attacks on Iran, which have not disrupted oil ...