On Friday, the benchmark indices were trading higher with the Sensex up around 590 points or 0.93% at 63,740 and the Nifty-50 up around 172 points or 0.92% at 19,093. About 2,804 shares have advanced, 627 declined, and 150 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Long-term breakouts on weekly charts are an essential technical analysis pattern that traders and investors use to identify significant price movements. A breakout occurs when the price of an asset moves above a key resistance level or below a key support level, signalling a potential trend reversal or the continuation of an existing trend. Here …
BSE Sensex closed down for a 6th straight day, marking its longest losing streak in 7 months. The stock market experienced a widespread decline today, with every sector taking a hit. Notably, metals, autos, and non-banking financial companies (NBFCs) all witnessed significant drops of -1.6% each. It was a challenging day for investors. However, amid …
Today, the broader indices, NSE Nifty50, and BSE Sensex, ended the day in the red. The Nifty50 index opened the day at 19,027, which was 95 points lower than the previous day’s closing level of 19,122. During the intraday session, it reached an intraday high of 19,042 and a low of 18,838, ultimately concluding the …
The Bombay Stock Exchange (BSE), an institution with a rich history as the oldest stock exchange in Asia, has recently achieved a feat that has garnered global attention. Surpassing all other global equity exchanges, BSE has emerged as the world’s most valuable stock. This astonishing achievement can be attributed to a significant surge in BSE’s …
On October 26, 2023, Venus Remedies announced a significant achievement – the granting of market authorization in the United Kingdom for Bleomycin 15,000 IU Powder for Solution for Injection/Infusion by its German subsidiary, Venus Pharma GmbH. This remarkable milestone not only expands the pharmaceutical giant’s global presence but also underscores its commitment to advancing cancer …
On Thursday, the markets continued to remain under pressure, with NSE’s Nifty 50 and BSE Sensex hitting a 4-month low as global cues dictated the market direction. Nifty 50 fell 264.90 points, or 1.39%, while the Sensex tanked about 900.91 points, or 1.41%, on an intraday basis. The market breadth was extremely weak, with over …
Over the course of the past six consecutive trading sessions, the Nifty has undergone a cumulative drop of 4.97%. During this period, the index has consistently established new lower lows, painting a clear picture of a bearish trend in the market. Market sentiment has remained bearish, with 46 stocks experiencing declines, leaving only 4 stocks …
The Sensex and Nifty are both on a downward trajectory, marking plunge of 1.30% and 1.36%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting lower momentum, with a plunge of 1.88% and 1.20%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Axis Bank, ITC and HCL …
Today, the broader indices, NSE Nifty50 and BSE Sensex, are trading in the red. The Nifty50 index opened the day at 19,027, which is 95 points below the previous day’s closing level of 19,122. During the intraday session, it reached an intraday high of 19,041 and a low of 18,849. Currently, it is trading at …
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