Nifty is expected to see a gradual recovery in the short term despite recent corrections. Key levels to watch include 23,600 on the upside and 22,000–21,800 as support. Stocks like KSB and BHARTIARTL show potential, while INFY may face further downside.
Stocks including Bharti Airtel, Dr Reddy's Labs, BEL, Ultratech, Adani Green, Tata Power, SpiceJet, Waaree Energies and Coforge will be in the spotlight on Thursday, February 26.
The Indian market reversed early losses to end in green on Friday. The IT stocks gained on a near-certain U.S. rate cut anticipation while consumer stocks staged a recovery after declining 1% as domestic inflation data showed that rural and urban food inflation remained elevated.
The high-pressure booster market is rapidly growing, driven by rising demand across industries, with future expansion expected as modernization continues....
Companies including Maruti Suzuki, M&M, Tata Steel, BHEL, Coal India, Mankind, Adani stocks more may remain under the spotlight before the opening bell on Thursday, August 01.
Buzzing Stocks Today, Stocks that will see action today: August 1, 2024 -- Infosys, Wipro, Automobile companies, SIS, Graphite India, Bharat Forge, Godfrey Phillips, Indian Hotels, Oil PSUs, GE Powe
Stocks to watch today, August 01, 2024: GIFT Nifty indicates a positive start for the benchmark equity indices on Thursday. Here is the list of buzzing stocks to watch during today's trading session
Companies including Adani Green, ITC, Axis Bank, Larsen & Toubro, RBL Bank, Sun Pharma, Dr Reddy's, RVNL, IEX and more may remain under the spot before the opening bell on Thursday, July 25.
The NSE Nifty rose 0.35% to close at a record high of 24,587, while the S&P BSE Sensex also hit a record close, climbing 0.18% to 80,665. This marks the second consecutive record closing for both benchmarks, fueled by strong earnings reports from TCS and HCLTech, which boosted optimism about a recovery in IT demand.
Rupak De, Senior Technical Analyst at LKP Securities, noted that the Nifty had slipped lower in early trades, but bulls were able to defend around the 55 EMA on the hourly chart. He indicated that the trend would remain positive for the short term as long as it remained above 23,300, where a buy-on-dips strategy might favor traders.
Indian benchmark equity indices ended lower on Friday, once again succumbing to profit booking after hitting all-time highs, although they locked in a third straight week of gains powered by a rally in financials and the return of foreign investors.
Benchmark equity indices recovered to close flat on Tuesday, with gains in metal stocks offsetting declines in other sectors following top consumer China's property-support measures.
Balaji Vaidyanath of NAFA Asset Managers brings fresh perspectives and opens up new avenues of learning for investors through his approach and philosophy
Discover the key factors influencing D-Street action on Friday including market analysis, global trends, and expert opinions. Stay informed with the latest updates on Indian equity indices and market pulse.
The RSI Smoothened indicator that recently witnessed a dip has turned northward and is flashing fresh buy signals. In the week beginning April 1, close attention will be paid to the all-time high levels above 22,500, as hesitation was evident at these levels