Index Outlook: Indices hold firm
Positive bias across Nifty, Sensex, and sector indices with a path to higher levels, supported by strong FPIs and key resistance targets.
Positive bias across Nifty, Sensex, and sector indices with a path to higher levels, supported by strong FPIs and key resistance targets.
The Nifty gained 2% last week, recovering above the crucial 200-week moving average at 22,700. While easing volatility and buying at lower levels support the rebound, bearish momentum indicators suggest caution. Analysts identify 23,300–23,450 as immediate resistance and 22,750–22,525 as key support…
In a significant trading session, benchmark indices registered solid gains, reflecting renewed market confidence following the Fed's interest rate announcement. The second half saw a notable uptick in buying, enhancing broader market performance. Analysts are hopeful for a continuation towards the 2…
On Thursday, Indian equities experienced a recovery, with Nifty closing above the 22,900 mark. Stocks such as Reliance Industries, Jio Platforms, and IndiGo are expected to remain in focus. Several companies reported varied profit results for the September quarter, impacting market sentiment. Regula…
On October 28, four stocks in the Nifty500 pack closed more than 2% above their respective VWAPs (Volume Weighted Average Prices), according to StockEdge’s technical scan data.When a stock closes above VWAP, it means its closing price is higher than its volume-weighted average traded price during th…
Indias equity market divergence suggests largecaps may be regaining leadership as mid- and smallcaps remain under pressure. The Nifty has recovered to broadly flat returns in October, while midcap and smallcap indices have declined. More reasonable valuations, earnings resilience, liquidity and inst…
Global cues after the Fed hold lift Indian equities as Nifty edges higher, with mixed stock moves, rising oil costs, and foreign outflows shaping early action.
Stock-specific action will continue
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