There have been insignificant alterations to the price action for Nifty, though the overall market breadth turned a bit exhaustive, indicating a sign of caution.
IEX witnessed a substantial increase in price in the last couple of trading sessions from the 21 DEMA on the daily chart.
The Nifty 50 Index is currently experiencing a downward trend in the near term, as seen on the charts. Despite this short-term decline, the overall trend remains bullish
Indian markets also fell more than 1 per cent on Friday, with the benchmark National Stock Exchange Nifty ending at 24,718
The Securities and Exchange Board of India's proposed tightening of derivatives trading rules is expected to have a profound impact on stock exchanges
Most PSUs, especially those with low floats, have seen remarkable share price gains over the past year
The pharma index was the only healthy pulse amid Friday's market declines
However, they pulled Rs 1,027 crore from equities in the first two trading sessions of this month (August 1-2), data with the depositories showed
The market capitalisation (mcap) of Infosys tanked Rs 23,811.88 crore to Rs 7,56,250.47 crore
Besides, trading activity of foreign investors and the last batch of Q1 earnings announcements would also guide trends in equities
The South Asian nation surprised investors by imposing restrictions on sales of new securities with those tenors this week, just a month after it was included in JPMorgan's flagship gauge
Rights issue-preferential combo, 'demystified' IPO filing on table
Investor sentiment soured after weaker-than-expected US factory data prompted growth concerns while tensions about a widening conflict in the Middle East weighed
Whole-time member Narayan says measures aimed at addressing hyperactive trading on expiry day
Most of the rise in the defensive sector weightage in the index has so far been led by pharmaceutical manufacturers but FMCG and IT Services companies out-perform the broader market in July
According to industry estimates there are more than 1,300 RIAs but only 300 of them are members of the association of RIAs
After the share sale by these promoters, the combined shareholding of promoters and promoter group entities in Netweb Technologies India will decline to 71.4 per cent from 75.04 per cent
With this, the existing shareholders of AEL will hold shares directly in Adani Wilmar
The capital markets regulator will come out with a consultation paper which will have proposals on relaxing registration requirements for investment advisors and research analysts by Monday or Tuesday
The company added that its portfolio firms collectively raised Rs 541 crore in Q1 FY25