The chart pattern suggests that if Nifty crosses and sustains above 14900 levels it would witness buying which would lead the index towards 15000-15250 levels By Rajesh Palviya Nifty started the week on negative note however buying momentum throughout the week recovered some of the earlier losses to close in positive terrain. Nifty closed at
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In the week gone by equity benchmarks extended gains over the second consecutive week despite elevated volatility spooked by surging second wave of COVID-19 across India By Dharmesh Shah Nifty Outlook In the week gone by equity benchmarks extended gains over the second consecutive week despite elevated volatility spooked by surging second wave of COVID-19
Sanjiv Bhasin said that he is overweight on pharmaceuticals, banking sector stocks among others. Indian share market benchmarks BSE Sensex and Nifty 50 have been witnessing volatility amid the second COVID-19 wave. Due to this, foreign institutional investors (FIIs) turned net sellers in the month of April, after being net buyers for six consecutive months.
Nifty’s intermediate uptrend remains intact. (Image: Reuters) While the Nifty has corrected from the high of 15,044, the index continues to hold above a rising trend line that has held the important lows of the last few months. This implies that the index remains in an intermediate uptrend. With the strong bounce-back seen on Wednesday,
It is crucial for the market to close above the levels of 14450/48100 to maintain the upward bias By Shrikant Chouhan Indian stock market closed at the lowest point of the day on Tuesday. The market is not stabilizing at any specific level, which is an indication of some more uncertainties in the near term.