Page 44 - Nifty 50
Sensex down 571 pts, Nifty below 19,750 on hawkish Fed, Indo-Canada tension
Closing Bell on Thursday, September 21: The broad-based selling was led by public sector banks with the Nifty PSU Bank index sliding 2.3 per cent
 "Sensex down 571 pts, Nifty below 19,750 on hawkish Fed, Indo-Canada tension")
Nifty at 21,000 by Diwali? It's possible, say technical analysts
Thus far in calendar year 2023 (CY23), the S&P BSE Sensex and the Nifty 50 have seen a good run with both the indices surging nearly 10 per cent during this period
 "Nifty at 21,000 by Diwali? It's possible, say technical analysts")
Mid, SmallCap indices sink up to 4% ahead of CPI inflation; benchmarks flat
Closing Bell on September 12, 2023: Among sectors, the Nifty Media index declined nearly 4 per cent, the Nifty Metal index nearly 3 per cent, and the Nifty PSU Bank and Auto indices up to 2.5 per cent
 "Mid, SmallCap indices sink up to 4% ahead of CPI inflation; benchmarks flat")
Sensex soars 385 pts, ends atop 66K; Nifty reclaims 19,700; L&T, banks lead
CLOSING BELL ON SEPTEMBER 07, 2023: The S&P BSE benchmark index has now gained 1,434 points, and the Nifty 473 points in the last five straight trading sessions.
 "Sensex soars 385 pts, ends atop 66K; Nifty reclaims 19,700; L&T, banks lead")
Sensex ends 241 pts higher, Nifty reclaims 19,500; IT, Metal stocks shine
CLOSING BELL ON SEPTEMBER 04, 2023: In the broader market, the BSE MidCap and the SmallCap indices gained close to a per cent each on Monday.
 "Sensex ends 241 pts higher, Nifty reclaims 19,500; IT, Metal stocks shine")
BofA Securities ups Nifty target to 20,500; sees markets get rerated
The foreign brokerage firm prefers large-caps over their mid-and small-cap peers as the valuations in case of the latter are rich and earnings growth estimates seem stretched.
 "BofA Securities ups Nifty target to 20,500; sees markets get rerated")
Sensex ends 232 pts up, Nifty50 near 19,600; Pharma, IT stocks upbeat
Closing Bell on August 7: Among sectors, Nifty Healthcare, Nifty Pharma, and Nifty IT indices emerged as the top leaders, gaining up to 2 per cent
 "Sensex ends 232 pts up, Nifty50 near 19,600; Pharma, IT stocks upbeat")
Buy Bank of India, Bank of Maharashtra: Vinay Rajani of HDFC Securities
On the broader market outlook, Vinay Rajani the technical & derivative analyst says that the Nifty could swing in the 19,783 - 19,567 range in the near term.
 "Buy Bank of India, Bank of Maharashtra: Vinay Rajani of HDFC Securities")
Nifty, Bank Nifty likely to consolidate in the near-term
According to Ravi Nathani, an independent technical analyst, all the Nifty may seek support in the range of 19,550 - 19,300 levels.
 "Nifty, Bank Nifty likely to consolidate in the near-term")
History shows momentum rallies lift Nifty 25% in 134 days; will it repeat?
Based on the average gain and duration of the past momentum-driven rallies, the NSE Nifty 50 can potentially rally past the 23,000-mark by January 2024.
 "History shows momentum rallies lift Nifty 25% in 134 days; will it repeat?")
Buy GMDC, Rites for gains up to 16%, recommends HDFC Securities
On the broader market outlook, Vinay Rajani the technical & derivative analyst says that the Nifty could trade in the range of 19,612 - 19,819 in the near term.
 "Buy GMDC, Rites for gains up to 16%, recommends HDFC Securities")
Mind the gap as G-sec and Nifty earnings yield enters danger zone
A recent analysis by CLSA shows that "most of Nifty's tops have been at the 2-ppt bond yield-equity yield level"
 "Mind the gap as G-sec and Nifty earnings yield enters danger zone")
IT major LTIMindtree replaces HDFC on NSE's benchmark Nifty 50 index
LTIMindtree was formed after the merger of L&T Infotech (LTI) and Mindtree and commenced trading on the Indian stock market under its new name in December 2022
 "IT major LTIMindtree replaces HDFC on NSE's benchmark Nifty 50 index")
Nifty 50: Aggressive traders may short-sell index with stop loss at 19,525
It is crucial to set a strict stop loss at 19,525 to manage risk since resistance levels are projected at 19,380 and 19,490
Sensex sinks 505 pts, Nifty gives up 19,350 amid global weakness; PSBs soar
Closing Bell on July 7, 2023: PowerGrid, IndusInd Bank, HUL, NTPC, Bajaj Finance, HCL tech, Tech M, L&T, Asian Paints, ICICI Bank, ITC, Kotak Bank, Infosys, and HDFC twins declined up to 3 per cent
 "Sensex sinks 505 pts, Nifty gives up 19,350 amid global weakness; PSBs soar")
Nifty50 gains for eighth consecutive trading session, up 99 points
The Sensex last closed at 65,786, up 340 points, or 0.5 per cent
 "Nifty50 gains for eighth consecutive trading session, up 99 points")
How to trade Nifty50, Nifty Bank post their record high levels?
According to Ravi Nathani, independent technical analyst, charts suggest bullish trend for both Nifty50 and Nifty Bank indices
 "How to trade Nifty50, Nifty Bank post their record high levels?")
F&O rollover data hints Nifty could target 19,300 soon; IT, Metals may lead
FIIs continued to roll their bullish bets on Index and have slightly reduced their longs in Single Stock Futures, says Nuvama Alternative & Quantitative Research report.
 "F&O rollover data hints Nifty could target 19,300 soon; IT, Metals may lead")
Equity, oil markets can breathe easy for now as tension in Russia cools off
Analysts believe, the progress of monsoon, FII and DII fund flows and the upcoming Q2 earnings, are the key triggers for Indian markets
 "Equity, oil markets can breathe easy for now as tension in Russia cools off")
Bank Nifty near lower-end of consolidation range; key support at 43,400
According to Ravi Nathani, an independent technical analyst, the Nifty 50 is seen consolidating in the 18,500 to 18,900 range.
 "Bank Nifty near lower-end of consolidation range; key support at 43,400")