The Nifty 50 showed a smart update of 115 points during the last trading hour to end in a good location on June 2, driven by auto, metals, pharma and selected bank shares. The index formed a bullish candle on the daily charts as the closure was higher than the opening levels. Experts feel that …
Technical View: Nifty bullish Forms Candle, VIX Under 20 Supports bullish Feelings Read More »
Technical Review: A stylish Doji candle form, we would expect a negative profile of the next week. Nifty 50 hit another high, on June 11, because of an ongoing decline in the number of COVID cases, the run, hoping to be in a rapid decline of the restriction, and an open economy, it would boost …
Nifty ended the May series with a 3 percent gain and Bank Nifty ended with a 4 percent gain. This is despite the fact that FIIs sold more than Rs 9,000 in cash in May and DIIs bought only 600 rupees. It shows that the sales section has been able to absorb sales from FIIs. …
First Market: Trip Trip Easy Planners at Rs 212.25, 13.5% premium discount price Shares of Easy Trip Planners made a decent debut on buses on Friday. The listed premium of 13.5 per cent at Rs 212.25 per share on the NSE is inconsistent with the issuance of Rs 187 per share. In BSE, it is …
Supporting factors such as positive global indicators, strong results from India Inc., healthy economic data and RBI economic support measures have helped market participants maintain concern around the COVID-19 cases. India has been recording 4 lakh new cases of COVID daily during the second wave.Measurement indicators have risen above important mental levels over the past …
Foreign institutional investors (FIIs) who converted total retailers last month poured $ 7.3 billion into Indian markets in March quarterly, data from Motilal Oswal showed, while local institutional investors recorded a $ 3.2 billion outflow. FIIs increased the figure to more than 60 percent of Nifty-50 companies in QoQ, while DIIs reduced participation to 62 …
Gaurav Ratnaparkhi, Head, Technical Research Officer, Sharehan of BNP Paribas, says the sharp rally at Nifty three weeks ago has extended short-term momentum indicators in the most purchased area suggesting that the index could see some consolidation. Ratnaparkhi said the break would be short and Nifty would restart its forward march. Edited quotes:It was a …
Nifty could take a break from time to time, said Gaurav Ratnaparkhi Read More »
