In the previous five weeks, the Nifty has rallied roughly 2,400 points from its low of 15,671, but it closed below 17,700 on April 7 and filled a rising gap that had opened three days before, suggesting that the trend would stay neutral with a bullish tilt for the short to medium term. For the …
Key Highlights The Nifty50 index was corrected 11% from its record high of 18,604, which it touched on 19 October 2021. Currently, the index has recovered 5% from its recent lows. Experts feel that this correction was legitimate, especially since there was a one-way run continuing longer than 18 months. It made the market expensive …
The year 2021 marked record highs in Indian stock markets despite the negative effects of the COVID-19 pandemic. A record number of IPOs were raised while Sensex rallied 20% and Nifty 50 rose by 22%. Riding on the wave of this rally were many multi-bagger penny stocks providing high returns for their shareholders. Kwality Pharmaceuticals …
In the bustling landscape of the Indian stock market, where numbers and percentages dance to the rhythm of economic winds, Jaykay Enterprises Ltd is stealing the spotlight with a mesmerizing performance. As the Nifty and Sensex play a cautious tango with modest gains, Jaykay Enterprises has taken center stage, soaring by an impressive 4.41% to …
India’s real estate business is set to grow. For example, the sale of luxury homes in India had increased by 130% in the first half of 2023 when compared to the corresponding period of 2022. The Indian real estate sector witnessed private equity investments of roughly US$ 1.92 billion in Q2 of FY 2023. India’s …
Investing in artificial intelligence (AI) stocks can be a lucrative but also challenging endeavour. AI is a transformative technology that has the potential to disrupt various industries, and many investors are interested in capitalising on its growth. AI has the potential to disrupt various industries and create significant value, making it an attractive option for …
There are 1,000s of stocks listed on the stock exchanges, and finding the best one may not be easy. If you’re on a budget, you can explore penny stocks. Penny stocks are the stocks that trade below ₹10. Though the price of these stocks is less, they are considered high-risk. Therefore, they come with limited …
As the much-anticipated date of January 22 approaches, the city of Ayodhya is abuzz with excitement, gearing up for the momentous consecration ceremony of the Ram Mandir. Amidst the influx of millions of pilgrims, devotees, and the attention of corporations, a captivating narrative of corporate commitment unfolds, adding a unique layer to the historic event. …
Bajaj Holdings & Investment Ltd., a prominent non-banking financial company with strategic investments in key entities like Bajaj Auto Ltd. and Bajaj Finserv Ltd., is currently making waves in the stock market. Technical analysis A detailed analysis of its stock performance since December 07, 2023, reveals a fascinating technical continuation pattern known as the Bullish …
With price volume support, General Insurance Corporation of India and Usha Martin have strong bullish breakout potential. The stock prices have displayed consolidation and symmetrical triangles, and both presently trading at Rs 343. The breakout aligns with positive signals from technical indicators such as RSI, ADX, and other key metrics, reinforcing the likelihood of continued …
