Nifty today ended 69 points higher to form a bullish candle with a long tail, indicating strong buying interest. The index is now making a higher high on both daily and weekly charts. Nifty is holding its position above the previous resistance zone of 22,590, which is now acting as a crucial support level. Immediate … Read more
Benchmark Nifty 50 rallied over 8% in the December derivative series, clocking its best gains in a series since February 2021. This was also the highest series gain by the index in 2023. Further, foreign institutional investors significantly increased their net long positions, taking the long-short ratio sharply higher to 2.28 at the beginning of … Read more
Benchmark Nifty 50 rallied over 8% in the December derivative series, clocking its best gains in a series since February 2021. This was also the highest series gain by the index in 2023. Further, foreign institutional investors significantly increased their net long positions, taking the long-short ratio sharply higher to 2.28 at the beginning of … Read more
The Nifty started Wednesday’s trade on a rather timid note. As the underlying index was quietly drifting downwards, the futures started trading at a deeper discount of nearly 10 points. It was the last hour of trade that saw better volumes and a sharp movement. The fall amid global uncertainties has brought the Nifty once … Read more
Mumbai: The Gift Nifty index registered its highest ever single-day turnover of $12.98 billion on August 29 with 336,535 contracts traded. The turnover on August 29 was equivalent to ₹1,07,267 crore, the index manager said. The open interest is at 3,08,254 contracts worth $11.93 billion on August 29. “Trading turnover on NSE IX has been … Read more