The Indian equity market is currently navigating a period of short-term consolidation and mild consolidation breakdown on the lower timeframes. With technical indicators showing signs of fatigue, market participants are keeping a close eye on pivotal support and resistance zones to gauge the next directional move. Short-Term Technical Setup On the hourly chart, the benchmark…
The Indian equity markets kicked off the new financial quarter with a massive relief rally, tracking a global surge in investor sentiment. The BSE Sensex skyrocketed by over 1,700 points in early trade, while the Nifty 50 climbed 500 points, recouping a significant portion of the losses sustained during a volatile March. Global Cues and…
Listing at a Glance What the Street is Saying View Rationale Source HOLD “Fully priced” at 23.8× FY26e EPS & 3.2× Mcap/Sales; global tech edge & clean-air leadership justify long-term stay Anand Rathi BOOK PARTIAL Listing gain of ₹18,685 per 37-share lot already captured; OFS structure means no fresh money for growth Upstox ADD-ON DIPS…
Oswal Pumps shares opened on the stock exchanges with a marginal premium on Friday, June 20. On the National Stock Exchange (NSE), the stock opened at ₹ 634—a gain of 3.26% over its issue price of ₹ 614. On the Bombay Stock Exchange (BSE), it listed marginally lower at ₹ 632, reflecting a 2.93% premium….
India’s stock market witnessed a sharp downturn on Friday, April 25, with the benchmark Sensex plunging 1,075 points, or 1.35%, to an intraday low of 78,726. The Nifty 50 also fell sharply, dropping 368 points, or 1.5%, to hit 23,879 during intraday trade. Despite favorable cues from global markets, a broad-based sell-off across sectors pulled…
According to analysts, fresh buying and short-covering by foreign institutional investors (FIIs), driven by optimism about potential trade deals with the US, led to a sharp rally in the market on Thursday. The Sensex reclaimed the 78,000 mark, while the Nifty breached the 23,700 mark. Both Indian benchmark indices—the BSE Sensex and NSE Nifty 50—staged…
The National Stock Exchange (NSE) has introduced changes to the market lot sizes for derivative contracts on select indices. These revisions, set to take effect from April 25, 2025, will influence traders and investors involved in Nifty Bank and Nifty Mid Select index derivatives. Key Changes in Market Lot SizesUnder the updated guidelines: The BANKNIFTY…
The bulls are running strong on Dalal Street, but smart traders know better than to get caught up in the euphoria. As we look ahead to March 21’s trading session, here’s what you need to know about the market’s direction. Market’s Winning Streak ContinuesThe party on D-Street shows no signs of stopping. The Sensex just…
The Indian stock market faced significant losses in early afternoon trading, driven by global uncertainties and weak cues from U.S. markets. Investor sentiment was dampened by concerns over Donald Trump’s tariff policies, reports of a new bat coronavirus strain in China, and escalating tensions between Russia and Ukraine. As a result, the Nifty index slipped…
Morning Highlights As of 9:45 AM, Indian equity markets opened on a robust note, with both Sensex and Nifty showing strong upward momentum. Major sectors, led by Nifty IT, gained traction while Nifty Metal lagged, reflecting mixed sectoral trends. Let’s dive into the specifics. Key Market Indices The India VIX index dropped by 5.46% to…
