Indian stock market: On Monday, September 9, the Indian stock market benchmarks, the Sensex and the Nifty 50, posted solid gains. The Sensex closed at 81,560, marking an increase of 376 points or 0.46 percent, while the Nifty 50 ended the day at 24,936.40, up 84 points or 0.34 percent. “Nifty Index opened flattish and … Read more
Buy or sell: The Nifty index concluded the week at 24,852, settling comfortably within the anticipated support zone of 24,800-24,900. Throughout the week, the index demonstrated notable volatility, oscillating between 24,800 and 25,400. The consistent close above the key support level of 24,600 suggests that the bullish trend may persist, with the potential to test … Read more
Buy or sell: The Nifty index ended the week at 24,823, aligning with the previously discussed support zone of 24,400-24,600. As anticipated, the index moved above this support zone, closing at 24,823 and approaching its resistance level of 24,900-25,200. Over the week, the Nifty fluctuated between 24,400 and 24,800. The sustained close above 24,600 suggests … Read more
Indian stock market benchmarks, the Sensex and the Nifty 50, extended their losses for the fifth consecutive session on Thursday, July 25, influenced by weak global cues. The Sensex closed 109 points, or 0.14%, lower at 80,039.80, while the Nifty 50 ended at 24,406.10, down 7 points, or 0.03%. “Nifty index opened gap down by … Read more
The idea is to use it as a tax book while filing returns. However, instead of easing compliance, it has often increased the burden on taxpayers mostly because details related to equity transactions in the statement are inaccurate. To make matters worse, the onus of fixing the errors lies with the taxpayers. Experts said the … Read more
Indian stock market: The Indian stock market benchmark index Nifty 50 ended its five-session winning streak on Wednesday, June 19, due to profit-taking at higher levels. The Nifty 50 reached a new peak of 23,664 during the session but retreated from those levels to close down 42 points, or 0.18%, at 23,516. During the session, … Read more
Buy or sell stocks for today: The Indian stock market indices, Sensex and Nifty 50, concluded with substantial increases, driven by robust purchasing activity in banking and financial sectors, on Monday, April 29. This surge followed the positive performance of key players within these sectors during the March quarter, contributing to the overall bullish sentiment … Read more