F&O Talk | Nifty logs longest losing streak in 2 years: SBI Securities’ Sudeep Shah on what traders should do now

F&O Talk | Nifty logs longest losing streak in 2 years: SBI Securities’ Sudeep Shah on what traders should do now

Indian equity benchmarks extended their losing streak to a fifth consecutive week—marking the longest run of weekly losses since August 2023—as renewed global trade concerns and tepid corporate earnings weighed on sentiment. The Nifty 50 slipped 0.82% to 24,565.35 and the BSE Sensex ended 0.72% lower at 80,599.91 on Friday. All key sectors, barring a … Read more

Technical setup signals near-term pain, but momentum may return next week: Rahul Sharma

Technical setup signals near-term pain, but momentum may return next week: Rahul Sharma

“So, from a derivative standpoint, 25,000 is a crucial support, whereas from a technical perspective 25,200 is something where we are expecting markets to take support and once we have some positive development on the upside, the moment we cross 25,550, 25,600 that is when fresh momentum can also come back. So, at this point … Read more