In the previous trade, the precious metal had settled at Rs 51,491 per 10 grams
The IT index is up more than 40 per cent over the past year, supported by earnings upgrade
In an interview with Ashley Coutinho, he says the Indian markets have been trading at a premium to other emerging markets and will continue to command higher valuations.
Systematic investment plans (SIPs) are a great tool to build long-term wealth and investors should stick to them, says Vakil.
Accelerated funding activity is expected to create over 100 unicorns in India during 2022.
Latest data shows rising concentration of clientele among top ten players
It would be advisable to trade longs with trailing stop loss. Support for the index is seen at 15,800.
According to the report, the ongoing results season is behaving largely on expected lines as far as topline growth is concerned
According to Vinay Rajani of HDFC Securities, metal as a sector has been outperforming for a while and technical setup of the metal index is much stronger than Nifty.
According to Nandish Shah of HDFC Securities, primary trend is bullish as the stock price is trading above all important short and medium term moving averages.
According to Nandish Shah, the short term trend is bullish as the stock price is closed above all important short- term moving averages.
According to Vinay Rajani, banking as a sector has been outperforming for a while and technical setup of bank index is much stronger than Nifty.
According to Vinay Rajani of HDFC Securities, Nifty has got strong support at 17,944. High of 18,350 registered on Tuesday could act a short term resistance for the index.
According to Nandish Shah of HDFC Securities, the stock has broken out on the daily chart with higher volumes to close at highest level since December 10.
Logistics stocks have been showing strength on the medium term charts, according to Vinay Rajani of HDFC Securities.
Vinay Rajani of HDFC Securities recommends that traders hold on to their long positions with 17,640 stoploss for the Nifty.
Pharma as a sector looking good on the short term chart, according to Nandish Shah of HDFC Securities.
Vinay Rajani of HDFC Securities is bullish on Metropolis, Zensar Tech.
Short term trend remain bullish as the stock price is trading above its 5 and 20 day EMA.
Nifty should be held long with the stoploss of 16,650.