The percentage of small and mid-cap stocks trading below 20-DMA has come down to 57% from 83% last week, indicating attempts to pull back, says Anand James, Chief Market Strategist, Geojit Financial Services. However, the percentage of stocks closing below the 30-day low increased to 9% from 2% last week which is indicating that the … Read more
Indian market closed in the red for the fifth consecutive day on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 500 points while the Nifty50 closed below 19,200 levels. Sectorally, selling was seen in IT, telecom, utilities, capital goods, and power stocks while the metal space saw some buying pressure. Stocks that … Read more
NEW DELHI: Stock exchange BSE on Wednesday announced that all futures and options contracts of BSE Bankex will expire on Monday instead of Friday. The new rules come into effect from October 16. “All the existing contracts of S&P BSE BANKEX with expiry day as Friday will expire on October 13, 2023 end of day … Read more