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The benchmark indices extended their winning streak for a second consecutive session on Monday, driven by strength in auto, IT, and metal stocks. Despite an intraday surge of nearly 600 points in the Sensex, profit-booking surfaced at higher levels. By the closing bell, the Sensex had climbed 455.37 points (0.56%), settling at 82,176.45, while the…
The Nifty 50 closed at 24,609.70, down 203.75 points or 0.82%, while the BSE Sensex fell 644.64 points to settle at 80,951.99, marking a pause in the recent upward momentum. Interestingly, the Bank Nifty showed resilience by closing in the green at 54,941.30, up 133.80 points or 0.24%, indicating some strength in the financial space….
Gold prices witnessed a strong rally on Thursday, May 23, both in domestic and international markets, as a combination of a weakening U.S. dollar and heightened fears over America’s growing debt load reignited safe-haven demand. The spark was Moody’s downgrade of the U.S. government’s long-term issuer and senior unsecured ratings, which sent investors rushing toward…
Market trends remained subdued on 21 May, as attempts to push higher ultimately yielded to a mildly positive close. This continued struggle at elevated levels clearly signals persistent uncertainty, setting a challenging tone for the days ahead. Here are two stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader for Thursday, 22…
India’s stock markets could not sustain the constant supply from higher levels and finally caved in to the uncertainty as the selling bias dominated proceedings on 20 May. With the selling bias showing its colour once again the bulls have been pushed to the background and will need more encouraging triggers to step up the…
Top 3 stocks recommended by Ankush Bajaj for 20 May Buy: Tata Steel Ltd (TATASTEEL) Current price: ₹157.55 Why it’s recommended: On the daily chart, the stock has given an upper channel breakout at the ₹154 level, which is a bullish signal. RSI is positioned positively, supporting the momentum. Since we have closed above this…
Expert view on markets: Mohit Khanna, CFP, Fund Manager, Purnartha One Strategy, believes the Indian stock market may remain rangebound until we get clarity on trade negotiations with the US. In an interview with Mint, Khanna shared his views on key risks for the markets, sectors that can generate alpha and trends of Q4 earnings….
Markets remained volatile on May 14, with early gains quickly erased due to profit booking and persistent caution around geopolitical tensions. While the Nifty and Sensex ended marginally higher, sentiment was subdued as banking stocks dragged, even as IT, media, metal, and realty provided support at lower levels. The Sensex closed 182 points higher at…
Despite pre-open indications of a sharp 1% gap-down, the benchmark indices opened only slightly lower and swiftly clawed back losses. The Nifty 50 eked out a 0.1% gain, closing at 24,414.40 points, while the Sensex edged up 0.1% to settle at 80,746.78, reflecting the market’s underlying resilience amid geopolitical headwinds. But the India VIX, often…
The Sensex fell 156 points, or 0.19%, to close at 80,641, while the Nifty 50 declined 82 points, or 0.33%, to end at 24,379.60. Top three stocks to buy today, recommended by Ankush Bajaj: Buy: Max Healthacre Ltd (current price: ₹1,156) Why it’s recommended: Stock has closed above ₹1145 which was a key resistance level…
