Stocks to buy or sell: Following strong global market sentiments on overwhelming gains on Wall Street, the Indian stock market finished higher for the second straight session. However, the frontline Indian indices failed to sustain at higher levels and ended with marginal gains. According to Sumeet Bagadia, Executive Director at […]
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Stock market today: After showing positive movement in the first four sessions last week, the Indian stock market slipped into the profit-booking zone on Friday. The Nifty 50 index went off 33 points and closed at 24,010, whereas the BSE Sensex shed 210 points and finished at 79,032. The Bank […]
Trade setup for Wednesday On the outlook for the Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “The short-term trend of Nifty remains positive. The market is now showing early signs of an upside breakout in the near term. The next upside levels to be watched […]
Trade setup for Tuesday On the outlook for Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “Nifty continued to show range-bound action within 23,300 to 23,500 levels, and still, there are no early signs of any breakouts on either side. A decisive move above 23,500 levels […]
Trade setup for Tuesday Speaking on the outlook for Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “Nifty is currently placed at the hurdle of opening downside gap around 23,250 and the bearish weekly candlestick pattern like hanging man of last week is still intact. Despite […]
Trade setup for Friday Speaking on the outlook for Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “The short-term trend of the Nifty 50 index continues to be positive amidst high volatility. Having recently moved above the hurdle of 22,250 levels (midpart of Tuesday’sTuesday’s long bear […]
The domestic equity market has been underperforming its major global peers amid sharp selling by foreign portfolio investors (FPIs), the delay in a US interest rate cut, cautiousness ahead of the Lok Sabha election outcome, muted Q4 results and a substantial increase in the India VIX. Over the past few […]