Overview of FINNIFTY Performance On Monday, the Nifty Financial Services (FINNIFTY) Index, which tracks the Indian financial market encompassing banks, financial institutions, housing finance, insurance companies, and other financial services, ended the session with a modest gain of 0.25%, outperforming the Nifty 50 index. Key Technical Observations Candle Formation: FINNIFTY formed a Doji candle on …
Gold Prices Decline in India: A Boon for Buyers Gold prices observed a slight decline on Monday, with 24-carat gold priced at Rs. 7581.3 per gram, down by Rs. 10, and 22-carat gold at Rs. 6951.3 per gram, also down by Rs. 10. Over the past week, 24-carat gold has seen a price drop of …
Inside Candle Formation Indicates Consolidation The Bank Nifty displayed an inside candle pattern on Thursday, trading within the high and low of Wednesday’s bearish candle. This consolidation suggests market indecision. While the index opened above 50,300, it failed to maintain its momentum and slipped lower without breaching the prior session’s low. Currently, the index remains …
The Central Government is reportedly considering increasing the wage ceiling limit under the Employees’ Provident Fund (EPF) scheme from Rs.15,000 to Rs.21,000, as per the reports. This is the first revision in a decade and aims to widen the coverage of the Employees’ Provident Fund Organisation (EPFO) and strengthen social security for workers. Changes to …
A Volatile Start Ends on a Resilient Note The NSE benchmark Nifty50 index opened strong above the 23,600 mark but quickly slipped, hitting an intraday low of 23,350.40. However, buying support emerged at lower levels, helping the index reclaim 23,500 by the end of the session. The INDIA VIX, a measure of market volatility, cooled …
The National Stock Exchange (NSE) has placed five stocks under the Futures and Options (F&O) ban for Monday, November 18, 2024. These stocks have crossed 95% of the market-wide position limit (MWPL), a threshold set to curb excessive speculation and maintain market stability. Stocks in F&O Ban The five stocks currently under the F&O ban …
On November 18, 2024, both the BSE Sensex and NSE Nifty50 ended the day in red. The BSE Sensex closed at 77,339.01, down by 241.30 points or 0.31%. Similarly, the Nifty50 also closed at 23,453.80, down by 78.90 points or 0.34%. Sectoral Performance On Monday, Nifty Metal, Nifty FMCG and Nifty PSU Bank ended in …
On November 18, 2024, Indian stock market indices, the BSE Sensex fell by 0.31% to close at 77,339.01. The Nifty 50 on the other hand, declined by 0.34% closing at 23,453.80. Out of the 50 stocks in the Nifty50 index, here are the top gainers for the day: Stock Name Symbol Last Trading Price (₹) % Change Hindalco …
A recent report by the Securities and Exchange Board of India (Sebi) revealed significant losses incurred by individual traders in the equity futures and options (F&O) segment between FY22 and FY24. A staggering 91.1% of individual traders suffered losses in FY24, with the average loss per trader amounting to ₹1.20 lakh. Over the period from …
The Indian stock market, represented by the Sensex and Nifty 50, is likely to be impacted on Monday, November 18, reflecting weak trends in global markets. Asian markets traded in the red, while US markets ended last week with losses. The S&P 500 and Nasdaq saw their biggest single-day declines in 2 weeks. This week, …
