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
What experts predict about Nifty on July 31? The Nifty needs to cross the hurlde at 25,000-mark for a fresh leg of rally to emerge; Key support seen around 24,750-24,800 levels, say technical analysts
The Nifty has declined up to 7 per cent in the recent past instances after formation of the Bearish Counterattack Candlestick Pattern on the daily scale, shows technical chart.
All you need to know before market opens today: Technically, Nifty formed a small bearish candle on daily scale, but trend remains up. Support seen at 24,770 and 24,600, says analyst at Asit C. Mehta.
Technical outlook on NSE Nifty sectoral indices: Here's how the key sectoral indices are placed on the technical charts as the NSE Nifty 50 reaches within striking distance of the 25,000 landmark.
All you need to know before the market opens today: GIFT Nifty futures were quoting atop 25,000-mark, hinting at over 100 points gap-up. Nikkei rallied nearly 3 per cent, while Kospi gained over 1 per
After reaching a peak near the Rs 101-mark in September 2023, the IDFC First Bank stock experienced a substantial correction of 30 points, translating to a 29.34 per cent decline from its high.