On Wednesday, follow up selling in indices continued for yet another session. Nifty trading around day’s low below the nearest important technical and derivative support level. In such negativity, now it’s time to look for opportunities in the defensive sector to hedge portfolio and one stock from the defensive IT sector, grabbed investors’ attention on …
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At the beginning of the week, the Nifty displayed strength as it surged towards a record high, surpassing the previous week’s trading zone. In this impressive rally, the IT sector also joined the upward momentum, with one stock capturing attention as it broke out from a bullish trend reversal pattern lasting over 150 days, signalling …
Since 1979, the average annual return of Sensex is 17% per annum. This is not just the case with Sensex; the market generally had an upward trajectory, creating a growth pattern, as shown in the image below. But have you ever wondered why, even after daily ups and downs, the stock market generally goes up …
Indian headline indices initially opened lower in today’s trading session but managed to recover and trade flat, primarily driven by significant gains in the IT sector stocks. Investor optimism was particularly noticeable in small-cap stocks, with the BSE Small-cap Index outperforming the main indices by a wide margin. At 10:45 am, the BSE Sensex edged …
The domestic indices started today’s trading session on a downward trend but later gained momentum, primarily driven by notable gains in the capital goods, consumer durables, and IT sectors, resulting in higher trading levels. Conversely, broader indices significantly outperformed the main indices by a considerable margin. At 10:05 am, the BSE Sensex added 0.11%, reaching …
The domestic indices pared back earlier gains, despite the significant advances seen in the telecommunications, consumer durables, and IT sectors. However, power, utilities, and oil & gas sectors experienced notable declines, exerting downward pressure on the overall market performance. At 10:35 am, the BSE Sensex edged up by 0.08%, reaching a level of 73,215. The …
Following their attainment of new record highs in the latest trading session, domestic indices experienced a slight downturn today, primarily influenced by declines in financial services, telecommunications, metals, and IT sectors. At 10:30 am, the BSE Sensex declined 0.19% reaching a level of 73,875. The Nifty 50 index fell 0.14% to the 22,429 level. On …
After trading within a limited range for the past six sessions with subdued price movements, the Nifty surged to a new all-time high of 21,210.90 today, just ahead of the FOMC meeting, which exhibited a dovish stance, spreading a bullish momentum across all markets. The Nifty concluded the session at 21,182.70, marking a gain of …
On Monday, the main stock market indices ended the trading day positively. The Sensex, a key index, closed slightly higher by 0.39% at 72,708.16 points, while the Nifty, another important index, also rose by 0.37% to close at 22,122.25 points. This marked a record high for the market, with the Nifty surpassing the 22,100 level …
