Breakout Stocks: Trade setup for The New India Assurance, General Insurance and SPARC which hit 52-week highs

Breakout Stocks: Trade setup for The New India Assurance, General Insurance and SPARC which hit 52-week highs

Indian market closed flat with a negative bias for the second consecutive day in a row on Friday. The Nifty50 closed below 19800 levels. Sectorally, buying was seen in capital goods, utilities, healthcare, and banks while selling was seen in IT, FMCG, oil & gas and consumer durables. Stocks that were in focus include names … Read more

Breakout Stocks: How New India Assurance, General Insurance and Welspun India are looking on charts for Wednesday’s trade

Breakout Stocks: How New India Assurance, General Insurance and Welspun India are looking on charts for Wednesday’s trade

The Indian market pared gains but managed to close flat on Tuesday with a positive bias. The Nifty50 closed just a shade below the 19,400 level. Sectorally, buying was seen in telecom, utilities, power, and capital goods while selling was seen in banks, and IT stocks. Stocks that were in focus include names like The … Read more

Midyear Wrap: 4 out of every 5 BSE500 stocks settle with deep cuts

Midyear Wrap: 4 out of every 5 BSE500 stocks settle with deep cuts

The first six months of 2022 have proved volatile for domestic equity markets. Benchmarks Sensex and Nifty have registered double-digit cuts, while indices used to track second rung counters are down up to 17 per cent so far this year. According to the data from AceEquity, 392 stocks out of the BSE 500 index have … Read more