A weekly close below the 50-WMA, shall open the doors for a likely slide towards 22,275 on the Nifty. Sensex likely to test 75,200 in the near-term.
Technically, the term 'Death Cross' indicates a weak set-up as the stock's 50-day moving average has dropped below the long-term 200-day moving average.
A market cap-based index selects and assigns weights to stocks based on market cap, favouring larger companies
Union Bank stock futures plunged nearly 8% on the back of 54% increase in OI. On the other hand, Dr. Lal Path Labs and Metropolis Health witnessed long build-up on Monday; shows derivatives data.
Share Market Outlook: NSE Nifty could face interim resistance around 24,250 and 24,435, show technical charts. Here are the key levels to watch out on Sensex, MidCap and SmallCap indices this week.
In CY24, the exchange recorded 90 successful listings on the mainboard, while 178 SMEs made their debut on NSE's Emerge, cumulatively raising Rs 1.67 trillion during the period
Stock Market Today: The Nifty FMCG Index is currently trading within a crucial range of 58,050 - 55,675, and any breakout above or below this range will likely trigger significant directional momentum
Singh spoke about the major trends that dominated the insurance space in 2024 and the trends to look forward to in the new year
Technical charts show the Nifty Auto index can potentially rally another 10% to 26,180 levels; while select stocks such as M&M, Tata Motors and Ashok Leyland can surge up to 15%.
Sebi had first issued the circular in July 2024 where it had directed stock brokers with more than 50,000 active unique client codes (UCCs) to comply from January 1, 2025
Muthoot Finance, Blue Star, Coromandel Fertilisers, Praj, Kaynes Technology, Lloyd Metals, IPCA Labs and Radico Khaitan were the 8 stocks to hit a new life-time high on January 1, 2025.
Over 70 listed companies raised Rs 1.13 trillion through the QIP route. Vedanta, Zomato and Adani Energy Solutions each raised over $1 billion in fresh capital via this route
The Nifty 50 and Sensex rose 8.8 per cent and 8.2 per cent, respectively, this year, logging their ninth straight year of gains, mostly on support from domestic institutional investors
After rallying up to 88% in 2024, Bajaj Auto and Hero MotoCorp have declined up to 33% from their respective peaks in the last 3 months. Is it time to buy these stocks or wait for further fall?
Technically, ITC is seen trapped in a thin range of Rs 460 - Rs 490 for now. Meanwhile, analysts at SBI Securities are optimistic of ITC's prospects post demerger and see 15% upside for the stock.
The yearly Fibonacci chart suggests that the BSE benchmark index can gyrate in the 69,000 - 88,600 range in the calendar year 2025; an upside breakout of the range can trigger fresh momentum.
The company manufactures HDPE & PP bags, zinc sulphate fertilizers and micronutrient mixtures for agricultural needs
The funds will be deployed towards scaling the Gurgaon-headquartered firm's offerings, while maintaining a focus on delivering personalised user experience
Small and midcap segments show signs of bubble-like valuation and other segments are more reasonable, they said while discussing 'Is the Market in a Bubble Zone?'
ITC stock surged over 88 per cent after the company's board approved the hotel demerger in August 2023; at present levels, the stock is down 11 per cent from its peak. Key levels to watch out now.