nifty50

aditya birla sl india share price: Election results: Which themes will give mutual fund investors the best returns?

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aditya birla sl india share price: Election results: Which themes will give mutual fund investors the best returns?

Sectoral/thematic mutual funds have delivered up to 380% absolute return in the last five years of Modi-led government. There were around 108 sectoral/thematic funds in the market in the said time period.Infrastructure funds led the return chart. Out of top 10 sectoral/thematic funds, eight schemes were from the infrastructure sector. Quant Infrastructure Fund, the topper … Read more

Tech View: Nifty ends above 21 EMA. What traders should do on Thursday

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Tech View: Nifty ends above 21 EMA. What traders should do on Thursday

Nifty ended Wednesday with gains of 735.85 points or 3.36% and settled at 22,620.35 led by strong buying activity across sectors but more prominently in banks and autos. The 50-stock index ended above the downside channel support of 22,200. Analyst Ashwin Ramani, Derivatives & Technical Analyst at SAMCO Securities said call writers (bears) are exiting … Read more

top losers: PFC, REC, Adani stocks among top losers, share prices fall up to 20%

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top losers: PFC, REC, Adani stocks among top losers, share prices fall up to 20%

Shares of companies such as PFC, REC Ltd and Adani Ports suffered the worst hit in today’s market mayhem which witnessed a massive selloff on the back of a poor showing by the Narendra Modi led NDA in the Lok Sabha elections, results for which were trickling in early in the day. PFC and REC … Read more

Railway stocks tank 13% as early election trends diverge from exit polls

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Railway stocks tank 13% as early election trends diverge from exit polls

Shares of railway firms tumbled by up to 13% in early trade on Tuesday, June 4, as early election trends did not align with exit polls. Shares of Rail Vikas Nigam tumbled nearly 13% to Rs 351.7, while Ircon International saw a 12% decline. RailTel Corporation of India, IRFC, Texmaco Rail & Engineering, and IRCTC … Read more

Technical Breakout Stocks: How to trade JSW Infrastructure, Coromandel International & Power Finance Corporation on Thursday

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Technical Breakout Stocks: How to trade JSW Infrastructure, Coromandel International & Power Finance Corporation on Thursday

The Indian market closed in the red for the fourth straight session on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 600 points while the Nifty50 was down 183 points to close at 22,704. Sectorally, buying was seen in utilities, power, healthcare, and telecom stocks while IT, oil & gas and banks … Read more

Tech View: Dark cloud pattern seen on Nifty charts. What traders should do on Thursday expiry

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Tech View: Dark cloud pattern seen on Nifty charts. What traders should do on Thursday expiry

Nifty on Wednesday ended 183 points lower near the 22,700 level as the index formed a dark cloud cover candlestick pattern on the daily chart. Support for Nifty is now seen at 22,675-700 and 22,500 levels. On the higher side, the immediate resistance zone is at 22,825-850 levels and the next psychological resistance is at … Read more

Tech View: Nifty forms Doji candle. What traders should do next week

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Tech View: Nifty forms Doji candle. What traders should do next week

Nifty on Friday ended near the flatline after climbing the 23,000-mark for the first time in history. The index formed a Doji candle during the day after Thursday’s big bull candle. On the daily chart, Nifty continues to hold above the 20 and 50-day SMA, which is a positive signal. The 14-day RSI at 67.5 … Read more

Technical Breakout Stocks: How to trade Garden Reach Shipbuilders, Cochin Shipyard and RVNL on Friday

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Technical Breakout Stocks: How to trade Garden Reach Shipbuilders, Cochin Shipyard and RVNL on Friday

The Indian market hit a fresh record high on Thursday amid short covering following RBI’s record dividend payout to the government that could lead to better fiscal position and softer bond yields. The S&P BSE Sensex rose nearly 1,200 points to hit a record high of 75,499 while the Nifty50 closed at 22,967. “There was … Read more

Tech View: Nifty may rally towards 23,500 in short term. What traders should do on Friday

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Tech View: Nifty may rally towards 23,500 in short term. What traders should do on Friday

Nifty ended the Thursday weekly expiry stronger by 370 points at record high levels to form a long bull candle on the daily chart. On the higher end, above 23,000, the index might move towards 23,500 in the short term. On the lower end, support is placed at 22,800; the strength could remain intact as … Read more

Tech View: Nifty inching closer to record high. What should traders do on Thursday expiry

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Tech View: Nifty inching closer to record high. What should traders do on Thursday expiry

Nifty today ended 69 points higher to form a bullish candle with a long tail, indicating strong buying interest. The index is now making a higher high on both daily and weekly charts. Nifty is holding its position above the previous resistance zone of 22,590, which is now acting as a crucial support level. Immediate … Read more