The recent downturn in the Nifty 50 has raised concerns amongst market participants. Historically, the Nifty has shown a pattern of retracing to its moving averages before resuming its uptrend. However, we are currently witnessing a more pronounced decline, with the index dropping below its 100-day moving average. This has prompted questions about whether the … Read more
Benchmark indices Sensex and Nifty extended their losing streak for the sixth straight session and settled sharply lower on Monday dragged down by heavy selling in bellwether stocks amid mixed global trends. Stocks that were in focus include names like Macrotech Developers, which gained 1.3%, Naukri, which declined 2.4%, and Titan, whose shares were down … Read more
Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed negative with losses of 0.59% at 21,351 levels on Thursday. India VIX was up by 6.61% from 14.38 to 15.33 levels. Volatility spiked to 15.6 zones during the week and created swings in the market. Positive setup was … Read more
There is increasing debate around the high volumes in the options segment, with many concerned that such high volumes may bring in market turmoil, but we believe that the rise in volumes will help ensure better price discovery, leading to price stability. The daily volume in the stock market is Rs 75,000 crore notional approx. … Read more
Unlike the time during demonetisation in 2016, the withdrawal of the Rs 2,000 denomination currency notes is not expected to have any significant impact on the economy and markets, according to experts. In a surprising move, the Reserve Bank of India on Friday announced the decision to withdraw the circulation of Rs 2,000 denomination notes … Read more
Indian market is expected to trade higher on Thursday tracking positive global cues. S&P BSE Sensex rose nearly 200 points while Nifty50 settled above 18300 levels on Wednesday. India VIX was up by 3.17% from 12.67 to 13.08 levels on Wednesday. Volatility has been rising from the last four sessions and creating swings in the … Read more