Indian market closed higher on Friday for the second consecutive day. The S&P BSE Sensex rose over 450 points while the Nifty50 closed just a shade below 15,700 levels. Sectorally, buying was seen in telecom, auto, utilities, power, and consumer discretionary while marginal selling was seen in IT stocks. Stocks that were in focus included … Read more
Indian market closed in the red for the second consecutive day in a row on Tuesday following muted global cues. The S&P BSE Sensex was down by more than 150 points while the Nifty50 closed below 15,800 levels. Sectorally, selling pressure was seen in energy, oil & gas, auto, finance, and metal stocks while buying … Read more
The Indian market bounced back on Thursday after falling for three consecutive days. The S&P BSE Sensex rose more than 500 points while the Nifty50 closed above 16,100 levels. Sectorally, buying was seen in metals, banks, finance, as well as realty stocks while some selling was seen in FMCG counters. Stocks that remained in focus … Read more
Equity trading can be a profit-making exercise if the same is backed by professional training, approach, and strict stop losses. We keep hearing about new entrants in the market incurring huge losses. These are cases where the small investors with limited to no understanding take a plunge with no serious thoughts to prevent the losses … Read more
The 13,200 level looks like a reasonably strong support for Nifty. Keeping that as a stop loss, traders can hold on to long positions, says the independent market expert. Excerpts from an interview: Strong move was seen not just for the Nifty but also Sensex which is now at a record 45,000. Also, broader markets … Read more
The traders will not go in heavy for the markets because of this sudden intraday jerks and volatility which we are seeing in the indices says the independent market expert. In terms of the overall trend going forward, what are going to be the key things to watch out for? I think first of all … Read more