Indian market is expected to open higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.28% at 21983 levels on Thursday. India VIX was down by 4.65% from 16.33 to 15.57 levels. Volatility cooled off after steaming in the entire week and paved the way for the bulls in … Read more
Benchmark indices closed with gains on Thursday in a highly volatile trade. The 30-share Sensex rebounded 195 points to settle at 72,500 and the broader Nifty gained 31 points to close at 21,982. Stocks that were in focus included names like Infosys, which rose 0.16%, Shriram Finance, which jumped 3.8%, and Hindustan Copper, whose shares … Read more
After a slow start, benchmark indices rebounded late on Tuesday amid mostly firm global markets. The 30-share Sensex climbed 305 points to settle at 73,095 and the broader Nifty ended 76 points higher at 22,198. Stocks that were in focus included names like Easy Trip Planner, which rose 2.07%, Hindustan Copper, which fell 3.6%, and … Read more
Eleven stocks are under the F&O ban list on Saturday, January 20 viz. Aditya Birla Fashion and Retail (ABFRL), Balrampur Chini Mills, Delta Corp, Hindustan Copper, Indian Energy Exchange (IEX), National Aluminium Company, Oracle Financial Services Software (OFSS), Polycab India, RBL Bank, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL). Ashok Leyland, Bandhan … Read more
Metal stocks rallied for the fourth consecutive session on Wednesday, which saw the Nifty Metal index hitting a lifetime high. Rollover of positions to the January derivative series and a reversal in the dollar index are aiding the up move in the stocks in the sector. In four sessions, the Nifty Metal index has gained … Read more
Equity indices extended gains for a second day on Friday amid a firm trend in the US markets. The 30-share BSE Sensex climbed 241 points to settle at 71,106 and the broader Nifty50 went up by 94 points to 21,349. Stocks that were in focus include names like GAIL, which rose 7%, Polycab, which fell … Read more
After losses in the last week, the short-term trajectory of domestic equities is seen as weak, and investors may sit on the fence looking for fresh cues, as the earnings season draws to a close. Therefore, rangebound trade could be seen in indices in the truncated week ahead. The stock markets are closed on Tuesday … Read more
The last week of 2023 is anticipated to be sluggish as many foreign institutional investors (FIIs) are in holiday mode to celebrate Christmas and New Year, says Kunal Shah, senior technical & derivative analyst at LKP Securities. “Despite this, the Indian market is likely to exhibit strength, and a sustained Nifty level above 21,300 could … Read more
