SRF, part of the specialty chemical space, remained rangebound for the past 1 year but recent momentum helped the stock to break out from a 9-month consolidation on the weekly charts. Short-term traders can look to buy the stock now for a possible target of Rs 2,900-3,000 in the next 3-4 weeks, suggest experts. The … Read more
The Indian market is likely to consolidate on Tuesday tracking muted global cues. The Nifty future closed flat at 22134 levels on Monday. India VIX was up by 1.50% from 13.69 to 13.90 levels. Volatility has been hovering within a band and creating swings in the market. Positive market setup was seen in stocks like … Read more
Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed negative with losses of 0.24% at 22538 levels on Thursday. India VIX was down by 4.77% from 14.30 to 13.61 levels. Positive setup was seen in stocks like Tata Chemicals, Tata Power, Tata Steel, OFSS, Glenmark, HAL, Tata … Read more
Technical charts indicate the market appears poised to sustain its upward momentum going ahead. Technical analysts predict Nifty is likely to advance towards 22,600, followed by 23,000, with robust support at 21,920. They suggest stocks such as Oracle Finance, HDFC Life, Marico, Pidilite, ICICI Bank, Maruti, Cipla, Sun Pharma, Larsen & Toubro, PNB, HAL, and … Read more
Indian headline indices were trading lackluster on Wednesday with Nifty hovering at 21,530, down 14 points or 0.07% while the S&P BSE Sensex declined 33 points or 0.05% at 71,352. The weakness was on account of drags in auto and pharma packs even as banks saw limited action. Tuesday’s trade favoured a sideways move with … Read more
Hero MotoCorp. Share Price 4058.00 10:37 AM | 26 Dec 2023 122.31(3.10%) Adani Enterprises. Share Price 2873.75 10:37 AM | 26 Dec 2023 65.41(2.32%) Coal India. Share Price 370.80 10:37 AM | 26 Dec 2023 7.56(2.07%) Divi’s Laboratories. Share Price 3766.95 10:37 AM | 26 Dec 2023 72.00(1.94%) Mahindra & Mahindra. Share Price 1664.70 10:37 … 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
