Dalal Street Week Ahead: Time to get cautious & defensive after Nifty’s swift runup

Dalal Street Week Ahead: Time to get cautious & defensive after Nifty’s swift runup

The markets continued their unabated upmove. Following a strongly trending week, the Nifty not only ended at a fresh lifetime high, but it also closed with gains for the sixth consecutive week. The markets piled up decent returns despite some signs of consolidation in the second half of the week. The last two days were … Read more

stock market outlook: Market likely to extend breakouts this week, sector rotation can’t be ruled out

stock market outlook: Market likely to extend breakouts this week, sector rotation can’t be ruled out

Following a strong consolidation in the week before this one, the markets finally staged a decisive rally over the past four sessions of the truncated week. The benchmark index Nifty50 surged in all four sessions; it went on to move past the previous lifetime high of 20222.45 and managed to end at a fresh all-time … Read more

dalal street outlook: Dalal Street week ahead: Nifty poised for gains, watch for resistance

dalal street outlook: Dalal Street week ahead: Nifty poised for gains, watch for resistance

ET CONTRIBUTORS In the choppy and truncated trading week, the markets extended their gains with some spurt in the volatility as well. In three out of four trading sessions, the Nifty index moved higher. In the previous technical note, it was categorically mentioned that the Nifty has achieved a full throwback by retesting the original … Read more