Stock market today: On Monday, the Nifty 50 reached all-time highs driven by information technology stocks, as demand in the sector appeared to be rebounding based on the results of leading IT businesses. The Nifty 50 reached a record high of 24,598, up around 0.4%. As of 10:15 a.m. IST, […]
LKP Securities
Indian stock market: The Nifty has given a consolidation breakout on the daily chart, driven by a strong technical breakout in IT giants. The sentiment looks positive from here, as the indicators and popular overlays indicate a continuation of strength. Support is visible at 24,400, where significant short buildup has […]
Indian stock market: The Nifty remained sideways during the day after crossing above 23,000. Sentiment might remain subdued in the next few days, with the index ranging between 22,950 and 23,050. Heavy call and put writing activity at 23,000 suggests a possible range-bound trade in the near term. Only a […]