 |
|
|
|||||
Indias benchmark Nifty traded within a narrow range on Friday and closed with a slight decline. Financials and IT stocks weighed on the index, while auto and FMCG names helped cushion the downside and prevented a deeper fall. The 50-stock index closed the week forming a small candlestick on the weekly chart, indicating hesitation at higher levels.Commenting on the current trends, Vatsal Bhuva, Technical Analyst at LKP Securities, said that Niftys RSI has drifted into a bearish crossover with lower tops on the hourly chart, suggesting bulls may take a breather at these levels. However, support remains visible at 26,100 and 26,000, while resistance is placed at 26,300. The technical setup suggests the index may trade in a range, with immediate support at 26,100 and resistance around 26,30026,350 levels. Closing above 26,300 levels will open the door for 26,600 levels, Bhuva said.Here are 5 stock recommendations for Monday:
Category:
News and Media
Equity mutual funds have delivered up to 9% return last week, with international funds leading the chart. There were 585 funds, including SIFs. Here are the top 10 performers (Source: ACE MF)
Category:
News and Media
Market momentum continued as indices strengthened within a two-month channel supported by steady sector performance and stable global cues. Short-term consolidation persisted, though sentiment stayed constructive. Technical indicators pointed to resilience despite volatility, with traders watching breakout levels as institutional flows and macro trends guided expectations for the upcoming sessions
Category:
News and Media
The market capitalisation (mcap) of Hindustan Unilever edged higher by Rs 7,671.41 crore to Rs 5,79,644.16 crore, and that of State Bank of India went up by Rs 6,415.28 crore to Rs 9,04,185.15 crore
Category:
News and Media
Indian markets witnessed a volatile week. The Nifty slipped below 25,850 in the first half, reflecting early weakness. However, a sharp recovery on Wednesday, driven by fresh buying, took the index past 26,300. While the momentum cooled in the last two sessions, the Nifty still closed slightly higher, ending just above 26,200 with modest gains of around half a per cent.After nearly 14 months, the Nifty hit its new all-time high. Yet, the broader market remained in consolidation mode around the 26,300 level. Amid this backdrop, InCred Equities has rolled out its latest high conviction stock picks. We've compiled the top 10 names from the list, each offering meaningful upside with the top pick projecting up to a significant 188% potential gain
Category:
News and Media
Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] next »