Derivatives market data shows that open bets in Nifty and Bank Nifty futures declined up to 8% yesterday; with FIIs covering some short bets, however they still hold significant shorts positions.
Technical chart shows that select stocks such as Raymond, TTK Prestige and Engineers India which dropped out of the elusive club can slide another 19 per cent from here on.
The US President Donald Trump has vowed to impose reciprocal tariffs on India and other countries from April 2, 2025 onwards. Here's a technical outlook on Indian stocks that may be impacted.
Technical chart shows that in past the 100-Week Moving Average acted as strong support zone; sustained trade below the same can trigger a further 14% slide on Bajaj Auto stock; key levels to track.
Reliance share price was quoting at a 15-month low, and below its super trend line support on the monthly scale for the first-time since April 2014; here's a technical outlook on the stock.
Key takeaways from F&O data: Substantial PUT accumulation at the Nifty 22,000 strike solidifies this level as a reliable support base, says Dhupesh Dhameja of SAMCO Securities.
Meanwhile, technical charts of the new entrant UltraTech Cement in the wires & cables business indicates a likely downside risk of up to 17% for the stock.
Market outlook for the week March 03 - 07, 2025: Here are the key weekly support and resistance levels on the BSE Sensex and the NSE Nifty 50 index.
In 2015, Tata Motors cracked by 54% following a sharp 776% rally on the BSE & NSE. This time around the correction came after 562% surge; will history repeat itself as the stock searches for a bottom?
Taxing FIIs on their gains, who face forex risks, and have no tax set-off available in their home country is a big mistake that the government is making, said Sami Arora at BS Manthan.
Notably, stocks like Infosys, M&M, Bharti Airtel, TCS, and HCLTech were the top contributors to the downward pressure on the indices
Key takeaways from F&O data: FIIs bearish; retail, DIIs hold bullish bets in index futures. Nifty, Bank Nifty options data indicates a bearish stance in the market.
Technical outlook on Nifty IT, large-cap technology stocks: The IT index along-with Infosys, TCS, HCL Technologies, Tech Mahindra and Wipro look poised for further losses from present levels.
Infosys share price outlook: Infy was seen testing the 200-DMA for the first-time since June 2024; technical chart hints at further 9% downside risk for the stock.
SBI, ICICI Bank, HDFC AMC among 5 financial stocks that can fall up to 15% as Fin Nifty sees 'Death Cross' on the daily chart for the first time since September 2022.
Stock Market outlook this week: Here's a trading guide with key levels to track on the BSE Sensex and the NSE Nifty for the week February 24 - February 28, 2025.
The Nifty Metal index tested the 100-Week Moving Average for the last six weeks, and seems to have defended it for now. Among stocks Tata Steel, SAIL and Hindalco can rally up to 12%, suggest charts.
Cues from F&O data: Despite holding a bearish view in the February series, data shows FIIs may have added few long positions in Nifty, MidCap Nifty futures; while added short positions in Bank Nifty.
ITC, Varun Beverages share outlook: FMCG major ITC can slip another 10.5%, while Pepsi distributor VBL could slide another 27% suggests technical charts.
Technical charts suggest that microcap stocks such as Cyient DLM, Sansera Engineering, AMI Organics, Aarti Pharmalabs and Medplus Health Services can potentially rally up to 23% from present levels.