A Sprinter’s Burst, A Marathoner’s Exhaustion The Indian equity market’s journey this past week resembled that of a sprinter—starting with a burst of energy but ending like an exhausted marathoner. For most of the week, the markets began strong but struggled to maintain momentum by the end of the trading day. However, on Friday, the …
Nifty50, Nifty100, Or Nifty500: Which Index Offers The Best Diversification?
27 May 2024Diversification is the practice of allocating investments in a way that reduces exposure to any single asset or risk. A diversified portfolio contains a mix of distinct asset types and investment vehicles in an attempt to limit losses from any single security or sector. Mutual funds are known for their diversification, but which index provides …
Will BEL And Trent Join NIFTY 50 In The Next Shuffle?
17 May 2024The streets are anticipating that Trent Ltd. and Bharat Electronics Ltd. can join the NIFTY 50 index, in the upcoming September reshuffling of the Indian benchmark index NIFTY 50, These additions are set to replace Divi’s Laboratories Ltd. and LTIMindtree Ltd. What is the Nifty 50 rejig? The Nifty 50 is a stock market index …
Nifty Sectorial Indices – F&O New Lot Size To Be Revised W.e.f. April 26, 2024
3 April 2024The National Stock Exchange of India has recently announced a reduction in the market lot sizes for derivative contracts of key indices such as Nifty 50, Nifty Financial Services, and Nifty Midcap Select. Effective from April 26, this adjustment is a routine part of the exchange’s periodic review of lot sizes for derivative contracts, conducted …
Overnight Digest: Small And Mid-Cap Stocks To Watch On October 16, 2023
13 October 2023Today, the benchmark indexes ended on a slightly negative note with a modest loss. The Nifty 50 exhibited a relatively flat performance, commencing the session at 19,654.55 and concluding at 19751.05, marking a marginal 0.22% decline from the previous day’s close. The index’s intraday journey saw it reaching a high of 19,805.40 and a low …
Nifty And Bank Nifty Trading Strategy For October 11, 2023
10 October 2023Nifty View: With renewed buying, the Nifty moved above the previous week’s high, forming a strong bullish candle backed by higher volume. Volumes were higher than the last two days but still below the average. It closed decisively above the 50 DMA. Additionally, it moved above the 38.2% retracement level of 19,673, which is the …
Upper Circuit Stocks Today – 4 October, 2023
4 October 2023On Wednesday, the benchmark indices were trading lower with the Sensex down around 400 points or 0.61% at 65,114 and the Nifty-50 down around 132 points or 0.67% at 19,400. About 1,544 shares have advanced, 1,899 declined, and 161 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Nifty And Bank Nifty Analysis – September 26, 2023
26 September 2023Nifty 50: The Nifty has formed a Doji candle after a decline of over 3%. Previously, it found support at the 50DMA, as we discussed. The bounce from the 19,585-19,626 support zone is now a reality. The index closed flat, indicating exhaustion in the trend. Now, Monday’s low of 19,601 is a crucial support for …
Shares Of Ircon International Surge Post Sri Lanka Railways Deal!
25 September 2023The Indian benchmark indices ended a highly volatile session with slight gains, having experienced modest gains and losses throughout the session. The BSE Sensex edged up by 0.02% to 66,023 level at the close. The Nifty 50 index edged up by 0.01% to a level of 19,674. Shares of Ircon International Ltd exhibited positive momentum …
UltraTech Cement’s Strategic Land Acquisition: A Rs 70 Crore Deal With India Cements
22 September 2023Indian benchmark indices experienced a notable downturn, wiping out the session’s initial gains and heading into negative territory. Among the hardest-hit sectors were consumer durables, utilities, power, and information technology, whereas BSE Auto and BSE Bankex registered modest gains. With 1,434 shares rising on the BSE and 1,777 shares declining, the advance-decline ratio remained in …