How Nifty and Bank Nifty performed on leap days over the years – Quick Recap

How Nifty and Bank Nifty performed on leap days over the years – Quick Recap

Adani Enterprises. Share Price 3285.40 03:59 PM | 29 Feb 2024 66.41(2.07%) Tata Consumer Products. Share Price 1190.05 03:59 PM | 29 Feb 2024 22.10(1.90%) IndusInd Bank. Share Price 1474.90 03:58 PM | 29 Feb 2024 25.71(1.78%) Mahindra & Mahindra. Share Price 1932.40 03:59 PM | 29 Feb 2024 30.75(1.62%) Adani Ports & Special Economic … Read more

Tech View: Nifty giving non-directional signs. What should traders do on Friday

Tech View: Nifty giving non-directional signs. What should traders do on Friday

In a volatile trading session on monthly derivative expiry, Nifty ended 32 points higher just above the 21-day Exponential Moving Average (21EMA). However, the prevailing sentiment appears somewhat negative from the current level. At the lower end, crucial support is positioned at 21,950; as long as the index maintains a position above 21,950, there is … Read more

Tech View: Nifty ends near 20-DEMA. What traders should do on Thursday expiry

Tech View: Nifty ends near 20-DEMA. What traders should do on Thursday expiry

Ahead of the February series expiry, Nifty on Wednesday ended 247 points lower below the 22,000 level and around its 20-DEMA. Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term. Conversely, a sustained trade above 21,950 … Read more

Tech View: Nifty forms bullish engulfing chart as expiry nears. What traders should do on Wednesday

Tech View: Nifty forms bullish engulfing chart as expiry nears. What traders should do on Wednesday

Nifty on Tuesday ended 64 points higher to form a bullish engulfing pattern on the daily chart after two days of weakness. The near-term uptrend status of Nifty remains positive and bullish chart patterns like higher tops and bottoms are also intact. At the same time, the market is not gaining strength to witness an … Read more

Nifty: Holding 21,920 level can take Nifty higher: Analysts

Nifty: Holding 21,920 level can take Nifty higher: Analysts

Technical charts and data indicate a lack of relative strength and the dominance of supply pressure during the upward move. The market is likely to remain highly volatile due to the F&O expiry this week, said technical analysts. If Nifty maintains its close above the 21,920 level, it will likely head towards 22,390–22,500 levels. Bajaj … Read more

Startups can make India m-cap grow to $50 trillion in 20 years: NSE CEO

Startups can make India m-cap grow to  trillion in 20 years: NSE CEO

India’s market capitalisation can grow from $4.8 trillion now to $50 trillion in the next 20 years, National Stock Exchange (NSE) CEO Ashish Chauhan has predicted. If India must reach a market cap of $50 trillion in next 20 years, it will come on the back of tech-driven startups that will lead wealth creation, National … Read more

Tech View: Nifty forms higher high, higher low series. What traders should do next week

Tech View: Nifty forms higher high, higher low series. What traders should do next week

Nifty on Friday ended flat but above the 22,200 level to form a higher high and higher low series formation on both the daily and weekly charts. Nifty has been in a consolidation zone for over a month and we may soon see a breakout or breakdown with the former. However, for any significant rally, … Read more

Tech View: How to read Nifty price, momentum indicators for Friday’s trade

Tech View: How to read Nifty price, momentum indicators for Friday’s trade

Nifty on Thursday ended 162 points higher to form a long bull candle with a long lower shadow on the daily charts as the short-term trend of Nifty turned up sharply after a small decline. Having breached the recent highs of 22,249, the Nifty is expected to move towards the next upside target of 22,500-22,600 … Read more

Pricey Affair! Adani Enterprises, Titan among 6 Nifty stocks with highest P/E ratio – Valuation Watch

Pricey Affair! Adani Enterprises, Titan among 6 Nifty stocks with highest P/E ratio – Valuation Watch

Eicher Motors. Share Price 3904.50 12:11 PM | 22 Feb 2024 68.16(1.78%) HCL Technologies. Share Price 1664.50 12:11 PM | 22 Feb 2024 28.21(1.73%) Coal India. Share Price 439.05 12:11 PM | 22 Feb 2024 6.11(1.41%) Tech Mahindra. Share Price 1309.85 12:11 PM | 22 Feb 2024 13.25(1.03%) ITC. Share Price 407.45 12:11 PM | … Read more