Domestic markets closed marginally lower in highly volatile trade on Monday amid allegations against Sebi chief Madhabi Puri Buch and her husband by the US short-seller Hindenburg Research. Stocks that were in focus include names like Voltas, which rose 10.69%, RVNL, which jumped 11.16%, and MapMyIndia, whose shares increased 3.75% on Monday. Here’s what Kushal … Read more
Indian market is likely to consolidate on Thursday tracking weak global cues. The Nifty future closed negative with losses of 0.90% at 22731 levels on Wednesday. India VIX was marginally down by 0.08% from 24.20 to 24.18 levels. On the options front, the maximum Call OI is placed at 23000 and then towards 22900 strikes … Read more
The Indian market closed in the red for the fourth straight session on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 600 points while the Nifty50 was down 183 points to close at 22,704. Sectorally, buying was seen in utilities, power, healthcare, and telecom stocks while IT, oil & gas and banks … Read more
The Indian market is likely to trade lower on Wednesday tracking muted global cues. The Nifty future closed negative with losses of 0.25% at 22,925 levels on Tuesday. India VIX was up by 4.36% from 23.19 to 24.20 levels. On the Options front, the maximum Call OI is placed at 23,000 and then towards 23,200 … Read more
Mumbai: The competition between India’s two major stock exchanges, the National Stock Exchange (NSE) and BSE, for market share continues to intensify. The NSE will introduce a 1 paisa tick size for all stocks below ₹250 starting June 10. Tick size is the incremental price at which a stock can trade. The 1 paisa tick … Read more
The strength in the market is expected to continue this week. Technical analysts predict Nifty could reach 23,400. Recommended stocks for trading this week include Reliance, SBI, L&T, Tata Power, Tata Steel, JSW Energy, Granules, JK Cement, BEL, Ashok Leyland, TVS Motors, RCF, Tata Tech, and Tata Elxsi. DHARMESH SHAH HEAD OF TECHNICALS, ICICI SECURITIES … Read more
The Securities and Exchange Commission on Thursday paved the way for trading in exchange-traded funds that invest directly in the cryptocurrency Ether, putting the digital-asset industry on the cusp of a significant milestone.In a first-of-its-kind blessing, the SEC signed off on a proposal by venues run by Cboe Global Markets Inc., Nasdaq and the New … Read more
Benchmark indices closed higher on Wednesday amid buying in blue chips even on the back of mixed cues from global markets. The 30-share Sensex climbed 267 points to settle at 74,221.06 and Nifty rose by 68 points to finish at 22,597. Stocks that were in focus include names like Indian Bank, which fell 1.33%, Sun … Read more
Equity indices shot up nearly 1% on Thursday in a highly volatile trade. The 30-share Sensex climbed 676 points to settle at 73,663 and the Nifty surged 203 points to 22,403. Stocks that were in focus include names like Tata Technologies, which closed flat, Apollo Tyres, which jumped 3.14%, and Vodafone Idea, whose shares fell … Read more
Reliance Industries Ltd, part of the oil & gas space, consolidated in a narrow range after hitting a record high earlier in March 2023, but a bounce back from its 50-DMA on daily charts suggests that bulls are here to stay. If the momentum continues, short-term traders can look to buy the stock for a … Read more