Higher Lows News Today

The crypto market cap value is slowly rising to approach $1.75 trillion due to an improvement in the prices of tokens.

The total crypto market cap has declined to $1.76 trillion as the early excitement for a Bitcoin ETF approval fades off.

Sectorally, buying was seen in oil & gas, energy, metal, and auto stocks while IT, realty, and capital goods stocks saw some selling.

Titan Company has hit a fresh high while PNB and Asahi Glass have shown strong breakouts. Vidnyan Sawant of GEPL Capital sees the stocks rising further but advises maintaining a stop-loss.

Short-term traders can look to buy the stock for a possible target towards 500 levels in the next 3-4 weeks, suggest experts.

Zomato management is confident of growing at a CAGR of 40% for the next two years. Food inflation has been affecting their restaurant partners but that’s making

Among the Sensex stocks, Tata Steel, L&T, JSW Steel, Bajaj Finserv, HDFC Bank, TCS, and Tata Motors opened lower, while only Reliance Industries and Asian Paints opened higher.

Now just when investors were getting worried about valuations, which are not dirt cheap anymore, and the fall in dividend yield to around 3% at current market prices, the bulls have found another reason to stick to their ground.

The directional bias remains strongly bullish till the time 18.600 on the Nifty50 is not violated. Before this, 19,000 followed by 18,800 are to be seen as key supports.

The overall trend looks positive for the Nifty index. We expect the index to move higher till 18,887 followed by 19,055 levels in the coming future.