Mumbai: India’s equity indices fell more than 1% on Tuesday, although the gauges recouped some losses through a choppy trading session marked by weak global cues and profit-booking in heavyweight sectors ahead of the monthly expiry. Analysts said the undertone remains bullish, despite Tuesday’s slide. The NSE Nifty fell 0.7%, or 174.95 points, to finish … Read more
As Nifty ended the monthly F&O expiry day 81 points higher, the headline index formed an Inside Bar on the daily scale. The hourly chart shows that the index is forming a distribution below the key Fibonacci retracement at 17,800 for the last couple of sessions, analysts said. After consolidating around the 17,800 zone for … Read more
New Delhi: Domestic equity markets ended the week on a higher note, extending the gains on the back of upbeat earnings from India Inc and supportive global cues. Both benchmark indices – BSE Sensex and Nifty50- jumped more than 2 per cent each. Midcap and smallcap indices also ended in red, whereas fear gauge index … Read more
Having remained aloof to the selloff in equity markets worldwide, the Nifty too showed signs of being vulnerable on Friday as it broke its crucial support of 17,400 levels after falling 302 points. Fear gauge index India VIX rose sharply by 9.2% to 20.5 levels, indicating that volatility may remain high, going forward. Volumes on … Read more