Markets continued their upward momentum for the fourth straight week, ending the Diwali-shortened trading period with modest gains. Optimism dominated the early sessions; however, some profit-booking in the latter part of the week pared the advances. As a result, the Nifty climbed 0.33% to close at 25,795.15, while the Sensex edged up 0.31% to finish … Read more
As global cues turned negative and concerns over continued monetary tightening weighed, Indian indices ended Friday’s session on a weak note. Nifty ended over 0.5% lower at 17,944, while Sensex also lost 0.52% to close at 61,002.5. Broader markets, meanwhile, underperformed their headline peers, with Nifty Midcap 100 falling 0.8%. Here’s how analysts read the … Read more
NEW DELHI: Nifty ended July F&O series on a weak note on Thursday and formed a bearish candle on the daily chart. Technical indicators like the RSI have seen a negative crossover from the overbought scenario on the daily scale, which doesn’t bode well for the bulls, but an overall lower VIX is ruling out … Read more