All you need to know before market opens on Aug 8: Global stocks trade lower; GIFT Nifty hints at 150 pts gap-down; FIIs continue to sell; Nifty weekly expiry and RBI rate decision may set trend today
The Nifty Energy Index is currently exhibiting range-bound behavior, fluctuating within the bounds of 43,700 and 42,250
LIC Housing, Marico, JK Cement and Motherso Sumi have shed up to 15% in the last four days alongside up to 15% increase in open interest, thus suggesting short buildup at these counters.
KPR Mill, eClerx, Granules, Cera Sanitaryware and BLS International are the 5 mid- and smallcap stocks that look strong on technical charts and can potentially gain up to 43% from present levels.
The Nifty IT Index is oscillating between 38,800 and 38,000. This consolidation indicates that the index is at a pivotal juncture, where a breakout or breakdown will determine its near-term direction
Analysts believe, Indian textiles companies are likely to benefit from the Bangladesh turmoil, while that of FMCG and auto may take a hit. Here's a technical outlook on key stocks from these sectors.
The Nifty50 surged 1.35 per cent, adding 327 points to hit an intraday high of 24,382.60, while the BSE Sensex gained 1,100 points, or 1.38 per cent, hitting an intraday peak of 79,852.08.
All you need to know before market opens Tuesday: After tumbling up to 3.4%, the US stock futures were up to 2% in post market trades; Asian shares cheered the pullback. FirstCry IPO opens today.
The Nifty PSU Banks Index is also showing a downward trend in the near term, with significant support expected at the 6,600 level
Stock Market Outlook: The Sensex has shed 4.3% from its all-time high in 3 trading days and the Nifty is seen testing support at 24,250. Here's what charts suggest on likely trend ahead.
Asian Tiles has recently confirmed a significant breakout from a long-standing falling trend line, surpassing the Rs 86 mark
The Nifty 50 Index is currently experiencing a downward trend in the near term, as seen on the charts. Despite this short-term decline, the overall trend remains bullish
Gold prices likely to be volatile and choppy ahead of the key US macroeconomic releases, says analyst at the brokerage firm.
Buying the dips with appropriate stop-losses is likely to be preferred strategy for Silver as the US nonfarm payroll report looms, says Praveen Singh of Sharekhan by BNP Paribas.
The NSE Nifty shed 1 per cent and tested a low of 24,751 amid the global market sell-off on Friday; MidCap and SmallCap indices declined more than 1 per cent each.
All you need to know before market opens on Friday: Global shares tumble as fears of US economic slowdown resurface; 24,800 is key support for on the Nifty, say experts. Ola Electric IPO opens today.
Technical charts suggest that bias for insurance shares, barring Star Health, remain upbeat; hence, these stocks could see up to 12 per cent further upside from current levels.
The geo-political risk and expectation of three rate cuts from US fed has triggered rally in oil prices, says Mohammed Imran.
Key triggers for market on August 01: The US Fed hinted at a likely rate cut in September citing progress in inflation; Bond yields dipped to near 4 per cent, Gold surged to a record high of $2,500.
The market regulator Sebi has proposed measures to curb excessive speculation in F&O; a move that could impact trading volumes, believe analysts; Here are key levels to watch on broking related stocks