The Nifty PSU Bank index has surged 30% from its March low, with 7 out of 12 bank stocks up more than 25%. Here's a technical outlook on key bank stocks - SBI, Bank of Baroda and Canara Bank.
Nomura's revised Nifty target is a modest 6 per cent higher from the current level of the index. BofA Securities, on the other hand, has not made any change to its year-end Nifty target
Why stock markets fell today: Indian equity benchmark fell, tracking Asian markets as trade tensions flared up over the weekend with fresh steel and aluminium tariffs by the US
Technically, the Golden Cross formation is considered as a positive development for the stock. Here's a detailed list of 12 Nifty 500 stocks with Golden Cross formation on May 30, 2025.
Technical Alert: MCX and Firstsource Solutions stocks have witnessed formation of 'Golden Cross' on the daily chart; and hence are likely to log gains in the coming period.
Technical chart suggests that near-term bias for SBI Life is likely to remain upbeat as long as the stock trades above ₹1,663 levels; check target price, key resistance levels here
Adani Power was seen testing resistance at its 200-DMA after more than six months. The stock needs to break above ₹610 for a likely fresh upside rally, suggests the technical chart.
Shares of Gensol Engineering hit the 5 per cent lower circuit for the 16th consecutive session on Thursday
GlaxoSmithKline Pharma stock has seen formation of 'Golden Cross' on the daily chart on Thursday; last time the stock saw a similar development, it rallied almost 117% over the next 14 months.
Analysts believe tariffs are part of the story but not the whole of it
Technical charts suggest that shares of Bharti Airtel, Bajaj Finance and IndiGo can potentially appreciate another 15% from present levels; here are the key support and resistance levels to track.
ITC and Jyothy Labs have given a breakout above the super trend line resistance on the daily scale; here are the key levels to watch out on these 2 stocks as the trend turned favourable on charts.
Apart from testing the 200-DMA, Nestle has also retraced 38.2% of the recent fall. Chart shows key hurdle for the stock at ₹ 2,400 levels; here are the other key levels to track.
Historical data shows that the Nifty has ended higher in most of the April F&O series in the last 12 years; the average gain for the NSE benchmark has been over 3 per cent.
Support for the Nifty has moved up to 22,341, while resistance is placed in the range of 22,800-22,900
Trent is seen testing its 20-month moving average after 10 years, and Pidilite after 15 years; technical charts suggest a pullback in these 5 stocks as long as key support levels are respected.
Here's a trading guide for 5 stock investment ideas that can potentially generate up to 21 per cent wealth basis on technical analysis.
HDFC Bank and ICICI Bank hold over 53% weightage in the Bank Nifty, thus having a major impact on the likely trend in the banking index; check key support and resistance levels for these 3 here
Stocks to Buy Today: The recent buying traction in HDFC Bank share has been backed by a rise in trading volumes
Nifty share price target: Nomura sees Nifty50 reaching 23,784 by December 2025, implying an upside of just 3.7 per cent in the rest of the calendar year