“23,000 is a support level that we are looking at and on the upside 23,500 is the resistance that we are looking at. Although if it fails to hold 23,000, we could see a more downside move towards 22,650 levels. Now, this is the range and the band coming out for Nifty,” says Shivangi Sarda, … Read more
A reasonable negative candle was formed on the Nifty daily chart, with a gap down opening and with a long upper shadow. Technically, this pattern indicates a decisive downside breakout of a symmetrical triangle pattern with lack of strength to bounce back. The immediate support of 23,260 has been violated on the downside and the … Read more
Sebi on Friday proposed doubling the threshold amount to Rs 50,000 crore for foreign portfolio investors to make granular disclosures about their investors holding any ownership or economic interest. At present, certain foreign portfolio investors (FPIs) with equity assets under management (AUM) exceeding Rs 25,000 crore are required to provide granular details of all their … Read more
Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred Ketan Parekh and Singapore-based trader Rohit Salgaocar from accessing the Indian capital markets after finding them involved in a front-running scam. In an interim order, the regulator further directed impounding of an amount of Rs 65.77 crore from Parekh, Salgaocar and 20 other … Read more
Gold prices spurted by Rs 440 to Rs 79,390 per 10 grams on Wednesday driven by fresh buying by stockists, beginning the New Year on a strong note. The precious metal had traded at Rs 78,950 per 10 grams on Tuesday. Gold of 99.5 per cent purity appreciated Rs 440 to Rs 78,840 per 10 … Read more
Indian benchmark indices started 2025 on a positive note on Wednesday aided by buying trends in most sectors, particularly in auto and banks. While the S&P BSE Sensex settled at 78,507.41, up by 368.40 points or 0.47%, the broader Nifty closed at 23,742.90, higher by 98.10 points or 0.41%. Commenting on the day’s action, Vinod … Read more
Gold prices slipped below Rs 79,000 per 10 grams in the national capital on Tuesday due to poor offtake by stockists and retailers, according to the local marketmen. Gold declined during the last trading session of the year as participants were cautious, traders said. The precious metal of 99.9 per cent purity declined Rs 550 … Read more
Adani Wilmar shares will be in the spotlight on Tuesday as Adani Enterprises (AEL) is set to exit its 25-year-old joint venture with Wilmar International through a $2 billion deal. AEL plans to redirect the funds toward its core infrastructure platforms, including energy, utilities, transport, and logistics. Singapore-based Wilmar is seeking strategic investors to replace … Read more
Indian benchmark indices traded in a narrow range today (Thursday, December 26) ending flat on the monthly expiry day as FMCG and bank stocks neutralised the gains made from the uptick in auto stocks. While the S&P BSE Sensex settled at 78,472.48, down by 0.39 points, the broader Nifty closed at 23,750.20, higher by 22.55 … Read more
Since last Christmas, the benchmark Sensex has gained about 10%, while the smallcap index has climbed by 6%. ETMarket’s analysis revealed that around 88 smallcap stocks have become multibaggers during this time. We have highlighted eight of these stocks that have boosted investors’ wealth by over 250%. (Data Source: ACE Equity) Source link