The Nifty Index opened flattish on Tuesday but bears were in full control right from the beginning of the session. The selling intensity increased in the second half and the index broke 24,450 zones. It formed a bearish candle on a daily frame and closed below 24,500 zones with losses of around 310 points. βNow,…
READ MOREAfter gaining around 1.5% last week, Nifty is now approaching a significant milestone of 26,000 amid heavy buying by FIIs in the wake of an outsized rate cut of 50 basis points by the US Fed. The rally will depend on continued strength in banking and financial heavyweights, which have been leading the market’s upward…
READ MOREThe Nifty Index ended the week with a 2% gain, reaching a record high of 25,433, driven by strong performances in the IT and FMCG sectors. When markets resume trading on Monday, a series of important domestic and global events scheduled for the week are likely to impact them. On Friday, the Nifty Index closed…
READ MOREDomestic equity indices Sensex and Nifty opened flat on Friday, reflecting a pause in the global equities rally ahead of the Federal Reserve Chair Jerome Powell’s address later today, as markets await confirmation of U.S. rate cuts starting in September. The BSE Sensex was trading 42 points, or 0.05%, lower at 81,009. The Nifty50 was…
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