PSU banks, CPSE stocks rally post exit poll verdict: SBI, Power Grid, Coal India, Hindustan Aeronautics and Union Bank of India seem to be favourably placed on the charts.
The exit poll might have reduced some nervousness in the market, but it still remains reasonably high, given the current IVs. Only after India VIX falls back to normal levels,things shall get even.
All you need to know before the market opens on Monday, June 03: Gift Nifty quotes around 23,300 levels as exit polls predict Modi 3.0; Asian shares rally up to 1.5% on favourable US inflation data.
FIIs index futures long-short ratio plummeted to 0.15 on May 03, as against 0.98 a day earlier in the F&O segment. In cash market, net monthly sales rose to Rs 43,800 cr, the highest since June 2022.
The so-called 'Modi-stocks' have rallied up to 50 per cent in the last six months, suggests a CLSA report. What's in store ahead; here's what the charts suggest.
All you need to know before market opens on Friday: Gift Nifty hinted of near-about 100-points opening gain as Asian shares rose this morning; FIIs long-short ratio in index futures plummeted to 0.15.
Muthoot Finance has been in a steady uptrend for over 10 months, consistently forming higher highs and lows with a gradual increase in volumes
All you need to know before the market opens on Thursday: Global markets are once again feeling the US rate cut jitters; market experts back home see 22,800 as immediate hurdle for the Nifty now.
Jyoti Resins, Tanfac Industries, Olectra Greentech now trade above Rs 1,300 per share as against a single-digit stock price way back in May 2014, study shows.
Infra stocks such as - Larsen & Toubro, Adani Ports, BPCL, Ashok Leyland and Container Corporation of India can rally up to 17 per cent, technical charts suggests.
Stock market outlook on Nifty PSU Banks, Nifty CPSE stocks: Technical chart suggests up to 22 per cent upside for UCO Bank, SJVN, NHPC and Bank of Maharashtra; here's why.
All you need to know before the market opens on Wednesday: Technical experts expect Nifty to take support at these levels; Hindalco, Tata Steel and Adani Group shares to be in focus today.
All you need to know before the market opens on Tuesday: Markets in the Asia-Pacific region were seen trading on a flat note; LIC to react to Q4 results; Key levels to track on Nifty, Bank Nifty today
Chart check on May 27: LTIMindtree and Tata Technologies are the other two stocks seen trading above the higher-end of the Bollinger Bands on the daily scale on Monday.
May F&O expiry strategy: In general, stocks with high Open Interest based Put Call Ratio (PCR) tend to trade with a positive bias or find strong support in case of dips.
All you need to know before the market opens on Monday: Markets in the Asia-Pacific region were seen trading with a positive bias; FIIs were net buyers last week. Adani Ports to be part of Sensex 30.
The Nifty 50 Index is currently trading at 22,952.00 and has rallied significantly in the near term, bringing it close to a stiff resistance zone around 23,050
That said, the reality so far Wood believes, a repeat of the shock BJP defeat in 2004, remains unlikely in the extreme.
All you need to know before the market opens on Friday: Dow Jones tumbled 1.5 per cent last night as fears of delayed Fed rate cut resurfaced; Asian markets down around 1 per cent.
The downside pressure on gold further intensified on Thursday on better-than-expected S&P US Global manufacturing and services PMI data