F&O Talk| Nifty ends week on a high, closes above 24,800 as pullback rally gains steam. What’s ahead? Sudeep Shah weighs in

F&O Talk| Nifty ends week on a high, closes above 24,800 as pullback rally gains steam. What’s ahead? Sudeep Shah weighs in

Markets staged a recovery amid volatility and closed near the week’s highs, buoyed by broad-based buying following the recent correction. The initial sessions remained muted, but sentiment saw a sharp turnaround after the MPC policy announcement. Consequently, both benchmark indices posted gains of nearly 1%, with the Nifty ending at 24,894.25 and the Sensex at … Read more

F&O Talk| Nifty extends losing streak for 4th week, bearish signals deepen: Sudeep Shah

F&O Talk| Nifty extends losing streak for 4th week, bearish signals deepen: Sudeep Shah

The bears tightened their grip on the markets as Nifty registered its fourth consecutive weekly decline. While the index showed some resilience early in the week, it failed to surpass the previous week’s high of 25,250, triggering a broad-based sell-off in the last two sessions. The weakness intensified on Friday, with the index breaching key … Read more

F&O Talk | Nifty indicates bearish momentum, Bank Nifty still a ‘wait and watch’: Sudeep Shah of SBI Securities

F&O Talk | Nifty indicates bearish momentum, Bank Nifty still a ‘wait and watch’: Sudeep Shah of SBI Securities

On Friday, the Nifty closed slightly higher at 23,813 (+0.3%), as trading volumes remained muted due to the New Year holiday season in global markets. The broader markets showed mixed performance, with the Nifty Midcap 100 slipping 0.2%, while the Smallcap 100 edged up 0.2%. As of December 27th, FIIs have sold equities worth only … Read more