Shares of rail and defense related companies bounced back in trades on Wednesday; however, charts reveal that several stocks were trading below their key short-term moving averages.
All you need to know before the market opens today: Q1 results, post Budget reactions to guide trading sentiment for the Sensex and Nifty as global markets seem directionless. 2 new listings today.
Union Budget 2024-25 impact: DLF, Brigade Enterprises, Prestige Estates, Godrej Properties and Sunteck Realty dropped up to 5 per cent afer FM proposed to withdraw indexation benefit on house resale.
In the worst-case scenario, the Sensex can slide to 75,800 levels, which is the 50 per cent retracement level from the June 4 Lok Sabha election outcome-day low, said Ajit Mishra of Religare Broking.
All you need to know before the market opens on Budget Day, July 23: The Budget 2024-25 is likely to set the market direction in the near-term; Experts recommend keeping a close tab on Nifty 24,500.
All you need to know before the market opens on Monday: Indian stocks to react to RIL, HDFC Bank and other Q1 results. Technical analysts see Friday's fall as a warning sign on charts; find out why.
In 2024 so far, the Nifty MidCap and SmallCap indices have slid to the 100-DMA in times of a market correction, show charts; check key levels here
Capital gains tax rate change in the Budget 2024 on July 23 can trigger a bigger correction than seen post Lok Sabha election outcome, Wood said
All you need to know before market opens on Friday: Analysts believe the trend to remain bullish as long as Nifty holds 24,500; Infy in focus post better-than-expected Q1 results. Sahaj Solar to debut
All you need to know before market opens on Thursday: The BSE and NSE benchmarks are likely to open mildly higher; Nifty weekly expiry and Infosys Q1 results to guide trade.
Stock market strategy: Equities, analysts said, have priced-in most positives and are likely to adjust to the fundamentals now with growth in earnings needed to justify high valuations
All you need to know before the market opens on Friday: GIFT Nifty hints at likely 100-point opening gain; TCS Q1 beat analyst expectation, Infy ADR jumped 3% in the US; Japan's Nikkei down over 2%.
All you need to know before market opens on Thursday: The S&P 500 crossed 5,600-mark, Asian shares rallied up to 1% this morning; FIIs pared long holdings in index futures; Ambey Labs to list
Among the key momentum oscillators - the MACD and Slow Stochastic are showing negative divergence on these smallcap stocks; hence caution is advised at these counters.
Auto stocks in focus: Maruti down 6 per cent in last 2 months; trading strategies for Maruti, Tata Motors and M&M as UP government waives-off registration fee on hybrid cars.
All you need to know before market open for trade on Tuesday: Key levels to watch on the Nifty and Bank Nifty as Asian shares trade firm; Emcure Pharma to list today; 8 stocks in F&O ban.
A total of 131 stocks from the Nifty MidCap 150 index, and 211 stocks from the Nifty SmallCap 250 index are seen trading above the long-term moving average as of date.
All you need to know before Indian stocks open for trade on Monday: Globally, bets on a US Fed rate cut rose on Friday post the jobs data; Asian shares traded with marginal losses this morning.
5 breakout pharma stocks: Glenmark, Lupin, Laurus Labs, Dr Lal PathLabs and Zydus Life can potentially rally up to 15 per cent, suggest charts.
All you need to know before the Indian stocks open for trade on Friday: GIFT Nifty hints quiet start. Nephro Care India will be the first SME IPO to debut after Sebi announced a cap on listing price.