Buy or sell: The Nifty Index concluded the week at 24,180, falling below the anticipated support zone of 24,800. As noted previously, a close beneath this level could trigger further selling in the equity market, positioning the index toward the 24,000 mark. With the weekly close near 24,000, market participants are keenly watching whether the … Read more
Stock Market News: The domestic benchmark indices, Sensex and Nifty 50 saw continued selling pressure on Wednesday for the third consecutive day this week, with the bears consistently driving down the indices. Nifty 50 opened at 24,378.15, reflecting a decrease of 93.95 points or 0.38%, while the Sensex opened at 79,921.13, down by 299 points … Read more
Indian stock market indices, Sensex and Nifty 50, have been under heavy selling pressure, weighed down by escalating geopolitical tensions in the Middle East and the subsequent spike in crude oil prices, weak domestic corporate earnings, and persistent outflow of foreign funds from Indian equities. The domestic equity market is expected to open lower on … Read more
Indian stock market: Indian stock market benchmarks, the Sensex and Nifty 50, declined for the second straight session on Wednesday, October 16, due to weak global signals. The Sensex dropped 319 points, or 0.39 per cent, to 81,501.36, while the Nifty 50 closed at 24,971.30, down 86 points, or 0.34 per cent. “Nifty fell below … Read more
Indian stock market: The Indian market closed lower on Friday, dragged down by auto and banking stocks. While gains in pharma and metal sectors offered some support, they weren’t enough to lift the indices. As a result, the Nifty 50 declined by 0.14%, marking its third consecutive close below 25,000 at 24,964. Meanwhile, the Sensex … Read more
Shares of Polycab India, a leading manufacturer of electrical wires and cables, resumed their upward momentum in the last few sessions and witnessed a breakout after consolidating in a narrow range for nearly three months. The stock surged 13.14% in the past eight trading sessions, rising from ₹6,475 to ₹7,326 apiece. Polycab shares jumped nearly … Read more
Stock Market News: On Monday, domestic benchmark indices, Sensex and Nifty 50, started the day with losses, primarily due to a decline in information technology and financial stocks as investors booked profits at all-time high levels. The Nifty 50 index commenced at 26,061.30 points, marking a decrease of 0.45% or 117.65 points, while the BSE … Read more
Breakout stocks to buy or sell: Indian stock market benchmarks- the Sensex and the Nifty 50- closed flat in the previous session on Tuesday on profit booking in select heavyweights. The Sensex and the Nifty 50 scaled their fresh peaks of 85,163.23 and 26,011.55 during the session. Eventually, the Sensex ended at 84,914.04, down 15 … Read more
Pharma stocks maintained their bullish momentum for the third consecutive month in August, with the Nifty Pharma index posting a gain of 6.61%. This follows strong performances in July, where the index rose by 10.37%, and in June, with a 5% increase. Out of the 20 constituents of the index, 16 ended the August in … Read more
Buy or sell stocks today: The Indian stock market indices, Sensex and Nifty 50, seem to be consolidating near the record high levels. Both the benchmark indices ended flat on Tuesday amid mixed global cues even as the expectations of interest rate cuts by the US Federal Reserve continue to support the global equities. On … Read more