It was a muted session for domestic equities on Monday, as benchmark indices settled with marginal losses. The Nifty 50 and Sensex ended with 0.2% cuts each, at 19694 points and 65655.15 points, respectively. Although indices remained in a narrow band, several stocks in the midcap and smallcap segments were in action. After hitting a … Read more
Latent View Analytics Ltd, part of the IT industry, has rallied by about 20% in a month to hit a fresh 52-week high in September and chart patterns suggest that the rally may not be over yet. Short-term traders can look to buy the stock for a possible target towards 500 levels in the next … Read more
The Nifty has closed below its short-term moving average and the broader price structure. According to technical analysts, these indicate a possibility of a bearish head and shoulder pattern formation. Hence, upside momentum is expected only above the 18,267 level, while the index can witness selling if 18,042 is broken. Stocks such as Siemens, ABB, … Read more
The first six months of 2022 have proved volatile for domestic equity markets. Benchmarks Sensex and Nifty have registered double-digit cuts, while indices used to track second rung counters are down up to 17 per cent so far this year. According to the data from AceEquity, 392 stocks out of the BSE 500 index have … Read more