After creating an all-time high of Rs 22,794 on May 3, Nifty has continued its downward spiral. On Monday, Nifty closed at Rs 21,104, below its 50 DEMA for the fourth time since the peak. Highest outstanding OI for Nifty Weekly Series Highest Call OI- 22,200 (1,66,554), 22,300 (1,91,981), 22,400 (1,74,825)Highest Put OI- 22,100 (1,61,181), … Read more
The Indian market recouped losses to close in the black. The S&P BSE Sensex rose over 260 points, while the Nifty50 reclaimed 22,000. Sectorally, buying was seen in telecom, metal, oil & gas, power, and utilities, while selling was seen in banks, realty, and IT stocks. Stocks in focus include names like Hindustan Zinc, which … Read more
After a recent record-breaking rally, equity indices plunged 1% on Friday on across-the-board profit taking as US inflation data dashed hopes of a rate cut by June. Stocks that were in focus included names like HDFC Bank, which fell 1.31%, Zomato, which declined 1.63%, and CAMS, whose shares rose 2.1% on Friday. Here’s what Santosh … Read more
After a bear attack on Wednesday, bulls were quick to come back and pull small, and midcap stocks back in the green. The Nifty Midcap 100 index, which saw its biggest one-day fall in over a year on Wednesday, rebounded and rose 0.6% to 44,300 on Thursday. Meanwhile, the BSE Smallcap index gained close to … Read more
