The NSE Nifty 50 index, after falling for four straight days, saw a positive close on Thursday. The index in process formed a bullish engulfing candle on daily charts, which suggests bullishness. The Nifty50 opened on a negative note at 16,263.85 and slid to as low as 16,243.85. However, during the day, buying emerged at … Read more
After a volatile session, largely affected by rate hike and RBI commentary, the Nifty50 ended with a cut and formed a bearish candle on daily charts on Wednesday. The index opened on a positive note at 16,474.95 but slid to as low as the 16,293.35 level. However, during the day, buying emerged at lows to … Read more
It was a tepid session for the Indian equity markets as the Nifty stayed in a capped range before ending the day with a modest decline. The markets had no negative overnight cues to deal with — they opened on a stable note on the expected lines. The index opened on a modestly positive note … Read more