Rising for the second straight session, equity benchmark indices Sensex and Nifty closed higher on Tuesday, helped by fag-end buying in banking counters and a firm trend in global markets. Stocks that were in focus include names like Maruti Suzuki, which fell 4.16%, Cipla, which was down 1.6%, and Adani Ports, whose shares jumped nearly…
READ MOREThe Indian market is likely to edge higher on Monday, tracking positive global cues. The Nifty futures closed negative, with losses of 0.97% at 24,215 levels on Friday. On the options front, the maximum Call OI is placed at 25,000, followed by the 24,500 strikes, while the maximum Put OI is at 23,500 and then…
READ MOREIndian indices rebounded from the day’s lows aided by private banks to end the session in the green as they broke their three-sessions losing streak. The 30-share BSE Sensex rose 218 points, or 0.27%, to settle at 81,224, while the broader Nifty climbed 104 points, or 0.42%, to close at 24,854. Commenting on the day’s…
READ MOREBenchmark BSE Sensex jumped nearly 592 points while Nifty reclaimed the 25,000 level on Monday shares amid a firm trend in global markets. Stocks that were in focus include names like HDFC AMC, which gained 1.7%, HCL Tech, which jumped 1.2%, and Sterling and Wilson, whose shares rose 5% on Tuesday. Here’s what Viral Chheda,…
READ MOREDomestic markets slumped nearly 1% in a topsy-turvy trading session on Friday amid escalating tensions in West Asia and consistent FII outflows. Stocks that were in focus include names like M&M Financial, which fell 6.5%, Angel One, which declined 4.4%, and Vedanta, whose shares were down 0.49% on Friday. Here’s what Pravesh Gour, Senior Technical…
READ MOREWith interest rate cuts almost certain in the current calendar year, non-banking lenders are poised to benefit the most, offering better risk-reward ratio in the current market conditions. The US Federal Reserve is expected to initiate a rate-cut cycle, either in its latest meeting or the following one. Once the Fed begins easing key interest…
READ MOREOne of top performing sectors for more than a year, realty, is off its high point. Nifty Realty index, which represents a pack of top 10 real estate stocks, has declined 7% over the last three months, thanks to the election season which has slowed project approvals and launches. As markets are on a lookout…
READ MOREIndian market is likely to trade higher on Tuesday tracking positive global cues. The Nifty future closed in green with a gain of 0.25% at 25,434 levels on Monday. India VIX was down 0.71% from 12.55 to 12.46 levels. On the options front, the maximum Call OI is placed at 26,000 and then towards 25,400…
READ MORESynopsis Once again mid cap stocks have been outperforming in the last few days. Even when Nifty and Sensex corrected, the mid cap stocks have been able to keep their head above water and the market breadth has been positive. This is happening as the “risk on trade” has once again started. While one cannot…
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