Most technical indicators suggest a short-term bottom reversal for Indian indices. Analysts expect the Nifty to trend higher as follow-up buying may emerge above 22,180, with short positions potentially being challenged above 22,425. Reliance Industries, SBI, Hindalco, Eicher Motors, Maruti, HAL, and M&M, along with midcaps like Jindal Steel and Power, Delivery, Bharat Dynamics, Lemon … Read more
As polling for the seven-phase-long Lok Sabha election began from today, Dalal Street’s 9 crore investors would be closely tracking the mood of 96.8 crore voters spread across India. Ahead of the voting for the first phase, Sensex has given up almost all of its gains made in 2024 after rewarding investors with a 20% … Read more
Indian market is expected to trade higher on Thursday tracking positive global cues. The Nifty future closed negative with losses of 0.65% at 22211 levels on Tuesday. India VIX was up by 1.20% from 12.47 to 12.62 levels. On the weekly options front, the maximum Call OI is placed at 22,500 and then towards 22,700 … Read more
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