Throughout the session, the index demonstrated intraday volatility, reaching a high of 19,158.5 and a low of 18,940. However, the day concluded on a positive note, with Nifty closing at 19,140.9. This represented a notable gain of 93.65 points, equivalent to a 0.49% increase. Among the top performers for the day were BPCL, Ultratech Cement, …
As investors it is normal to equate volatility with risk. That is in fact the basis of stock market analysis. Normally, a stock with a high beta or high standard deviation of returns is considered to be more risky compared to another stock with a much lower volatility. But a very strange trend is being …
Today, the Nifty50 index opened at 19297, marking a 90-point decrease from its previous day’s closing level of 19387. It began the day with a strong full-bodied red candle on the five-minute timeframe, indicating that despite the gap down, sellers are showing significant interest at these levels. However, buyers were more dominant, pushing Nifty to …
Today, broader indices closed today’s session in the green with a bullish sentiment. During the second half RBI also announced its decision to discontinue the I-CRR, which also supported the market’s closure in the green. Now, focusing on the Nifty50 index, it opened at 19,775, marking a 0.24% increase compared to its previous day’s closing …
Today, the Nifty50 index opened at 19,258, marking a flat opening compared to its previous day’s closing level of 19,254. It began the day with a strong, green candle on the five-minute timeframe, indicating that buyers are showing significant interest in pushing the market higher from these levels. By 11:00 am, Nifty had rallied nearly …
The Nifty 50 index had quite a day, starting strong with an impressive gap-up at 19,345.85 and reaching a peak at 19,423.00. It had its low point at 19,309.7 but ultimately wrapped up the day at 19,411.75, marking a significant climb of 181.15 points or 0.94% from the previous day’s close. The day’s price action …
In today’s market action, the Nifty 50 has demonstrated its resilience by closing on a positive note for the second consecutive day. Opening at 19,241, it reached a high of 19,276.25 and briefly touched a low of 19,210.9 before settling at 19,230.6, marking an impressive gain of 97.35 points, equivalent to a 0.51% increase from …
Nifty View On Monday, the Nifty moved within a range and formed an inside bar. It oscillated around the 20 DMA and closed below it. The volumes were much lower over the last five days. The index has formed an indecisive candle on a lower time frame chart. Even on the daily chart, the Nifty …
Nifty View: Thursday’s market activity signaled a potential exhaustion in the prevailing trend. The Nifty traded within the previous day’s range, mirroring a pattern observed for the second consecutive trading session. Notably, it adhered to the opening hour’s range and concluded below the opening level. The index came close to testing the gap area from …
The broader market indices, NSE Nifty50 and BSE Sensex, ended the day in the red. Today, the Nifty opened the day at 19,233, which was an impressive 92 points higher than the previous day’s closing level of 19,141. During the intraday session, it touched highs and lows of 19,234 and 19,056, respectively, and finally concluded …
