[ad_1] For investors riding on the rise and rise of the Sensex — from levels of 61,000 in May 2023 to 82,000 last week, a stupendous 34% increase in just 15 months — Monday’s (August 5) fall came as a rude shock. The Sensex was at 78,929 at 1.45 pm, a fall of 2,050 points, […]
Nifty: Dalal Street Week Ahead: 16000 likely to act as strong support for the market
[ad_1] After heaving a sigh of relief in a week earlier, the stock markets resumed their gains. The headline index continued with its pullback and broke above some key levels, protecting key supports. Over the past five sessions, the market has been on a largely upward trajectory except for a day of consolidation in the […]
Nifty: Will Nifty rule the bull market in July? Here’s What History Tells
[ad_1] Indian markets have entered the month of July with renewed optimism and new energy. The broader market is trading in the green in the first week of July. Last week, we talked about niftyperformance when its PE falls below 20 times. When the PE drops below 20x, the average 1-year forward return is 15.2%. […]
Nifty Tech View: Tech View: Nifty 50 forms uncertain candle but further upside is possible
[ad_1] nifty 50 Rose rose for the third consecutive session on Friday but formed a bearish candlestick on the daily chart that looked like a hanging man. The 50 pack index managed to close above the 16,200 level. Analysts say as long as the index stays above 16,170, the momentum remains positive. Mazhar Mohamed of […]
Tech View: Tech View: Nifty 50 above 50-day SMA; forward reverse possible
[ad_1] New Delhi: nifty 50 Thursday closed above its 50-day simple moving average and formed a bullish candle with a long wick on the daily chart. Analysts said the technical setup for the index looks positive since the breakout of 15,900. He believes that the upside could attract further buying above the 16,150-175 range. For […]
Nifty 50: Select companies from auto, finance, IT, oil and gas sectors to lead the Q1 show
[ad_1] The all-India average cement price rose 5.7% year-on-year to ₹390 per 50 kg in the June 2022 quarter. essence Samples’ total revenue for the June quarter is expected to grow 37.2% year-on-year, according to ETIG estimates. This will be the sixth consecutive quarter for double-digit topline growth. Net profit is likely to grow 43.6% […]
Nifty news: Nifty over 1%, FPIs become net buyers
[ad_1] A sharp fall in crude oil prices, a strong June-quarter business update and net buying by foreign funds after a long period pushed up Sensex and… nifty Weak Asian markets gained over one per cent each amid rising global concerns of an impending US slowdown. The Sensex closed 1.16% higher at 53,750.97, its best […]
Nifty 50: Tech View: Nifty 50 forms a bullish candle, sends positive signals
[ad_1] New Delhi: Nifty 50 broke the 16,000 mark intraday for the second consecutive session on Wednesday, closing just below psychological levels. The index formed a bullish candle on the daily chart which almost took hold of the negative candle of the previous session. Technically, according to Nagraj Shetty, this indicates a disregard for bearish […]
Nifty 50: Nifty 50 companies may register 21% growth in June quarter earnings on a lower basis
[ad_1] Mumbai: nifty 50 The companies are likely to register year-on-year (YoY) growth of 32% and 21% Revenue And profitsrespectively, on the back of the low base in the June 2022 quarter (Q1), as per Analysts‘ Estimate. Excluding financial, telecom and commodities, revenue and profit growth is expected to come in at 22% and 16%, […]
Nifty: Will Nifty repeat history and bounce back in July after 3 months of decline?
[ad_1] Mumbai: Concerns remain about inflation, geopolitics and a possible slowdown in the US, but Market Historical data shows that indices rise after falling for three consecutive months. Benchmark nifty Metals ended June down 4.85% due to fall pharma And realty sector and recently touched a low of 15,183. Migrant investors Remained as it is […]