Nifty eyes 20,000: How far can bulls steer index beyond this magical mark?

Nifty eyes 20,000: How far can bulls steer index beyond this magical mark?

Taking inspiration from Chandrayaan-3, Nifty50 has skyrocketed into uncharted territory. Amid strong optimism in the market, Nifty50 just scaled the 19,900 mark, but many are eagerly awaiting the next big target – the magical 20,000 figure. In just 15 sessions, the NSE flagship index has rallied nearly 900 points from the 19,000 level, hit on … Read more

Tech View: Nifty50 tops 16,600 mark but stiff hurdle ahead

Tech View: Nifty50 tops 16,600 mark but stiff hurdle ahead

New Delhi: Nifty50 on Thursday settled above 16,600 level for the first time since June 2, taking its winning streak to the fifth trading session. The index formed a bullish candle on the daily chart that engulfed the previous session’s bearish candle, negating the latter’s negative impact. That said, certain indicators suggest that the index … Read more