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For years, FIIs have been the largest non-promoter shareholder category in the Indian market with their investment decisions having a huge bearing on the overal...
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
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.
Top events of the day: Polling for phase 2 of the Lok Sabha election, PM Narendra Modi's rallies, NSE halved the lot size of its Nifty futures and options contracts to 25 shares and more
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
Indian equities closed negative. Nifty 50 at 22122.05 (-0.4%) and S&P BSE Sensex at 72790.13 (-0.5%). IT, metals, and pharmaceutical stocks faced selling pressure. US stocks edged higher; European equities edged lower. MACD showed bullish trade and bearish signs.
The 30-share BSE Sensex pack rose 442 points to hit an all-time high of 69,306.97 while the broader NSE Nifty index moved 126 points up to touch a record high of 20,813.10. Broader market (small- and mid-cap shares) were also positive today.
On September 18, Monday, StockEdge identified 30 stocks trending up, a signal that investors often find valuable. ETMarkets has cherry-picked 10 of these stocks to explore their Relative Strength Index (RSI) trends and shed light on why RSI is a crucial tool for assessing stock movements.
On September 15, Friday, the stock market witnessed intriguing trends in the Relative Strength Index (RSI) of various stocks. ETMarkets has handpicked 10 stocks from a list of 30 that were trading with a declining RSI, providing valuable insights for investors.
Nifty50 was largely in line with global indices in August, but remains a laggard YTD, the report said. Most major global indices were under pressure during August with Chinese indices among the worst performing indices.