Nifty 50 began today’s session higher at 25,997 versus yesterday’s close of 25,935. It slipped after opening and is now at 25,950, up nearly 0.1 per cent. The advance/decline ratio stands at 22/28, showing a bearish inclination. Eicher Read More
Nifty 50 (25,694) and Nifty Bank (60,121) appreciated 1.5 per cent and 0.9 per cent respectively. Last week had six trading sessions as the market remained open for the Union Budget presented on February 1. There was volatility before and after Read More
Nifty 50 (25,321) and Nifty Bank (59,610) appreciated 1.1 per cent and 1.9 per cent respectively. While the futures and options data give some positive bias, one needs to be cautious about potentially higher volatility because of the Budget announcement. Read More
Nifty 50 (25,694) was flat last week whereas Nifty Bank (60,095) gained 1.4 per cent. Although the latter has outperformed the former, both indices retain the broader bullish outlook. Here is our analysis of the charts of futures contracts Read More
The contract, after witnessing some consolidation, seems to have begun the next leg of downtrend. While it might inch up to 25,550 today, Nifty futures is likely to extend the fall to 25,250. | Photo Credit: iStockphoto Nifty 50 Read More
Nifty 50 (25,049) and Nifty Bank (58,473) fell 2.5 per cent and 2.7 per cent last week. The futures and options data also hint at weakness. Since January contracts expire on Tuesday (January 27), we shall consider February contracts for analysis. Read More