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 ...
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 ...
The stock market experienced a continued decline today, reflecting ongoing concerns among investors. As selling pressure mounted across major indices, leading benchmarks slipped further, with the Sensex closing below the crucial 80,000 mark. Disappointing results from the second quarter have exacerbated investor anxiety, leading to a cautious approach in the market. Current Market Overview The ...