Markets snapped their five-week-long consolidation trend, driven by improving global cues, easing geopolitical concerns, and a renewed uptick in foreign institutional investor (FII) buying during the latter half of the week. After a tentative start, sentiment improved midweek, leading to broader market participation. The easing of tensions between Iran and Israel helped revive global risk … Read more
Most technical indicators suggest early signs of stability and scope for a further bounce. A decisive move above 22,650 could trigger short-covering, pushing Nifty toward the 22,800–23,000 zone, say technical analysts. Stocks in focus are National Aluminium, Hindustan Copper, Tata Motors, M&M, Polyplex, SJS, Inox India, SRF, Manappuram Finance, BEL, Hindalco, Tata Steel, UPL, Kotak … Read more
The Indian equities continued to trade with a corrective undertone as they ended the week on a mildly negative note. Over the past five sessions, the Nifty continued facing selling pressure at higher levels while staying mainly in a range. The markets remained in a very defined trading range and stayed decisively below key levels. … Read more