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We have a long weekend this time with Monday, 27th November being a trading holiday on account of Guru Nanak Jayanti. The coming week also has a monthly derivatives expiry lined up as well. Tuesday will see the markets starting by adjusting themselves to the global trade setup. The levels of 19900 and 20030 are likely to act as potential resistance levels.

Importantly, Nifty has rolled inside the improving quadrant of the RRG; this may lead to the large-caps starting to relatively outperform the broader mid and small-cap space over the coming weeks. A stable start is expected for the week; the levels of 19880 and 20075 may act as resistance points. The supports are likely to come in at 19535 and 19410.

From a technical perspective, the market formed an Inside Bar on the charts as Nifty formed a lower high and higher low. More importantly, Nifty defended the strong support zone of 18,850-18,900 levels. As of now, unless violated, this zone remains a very strong support zone for Nifty.

The sector was among the worst performing in terms of returns (in low single digits) posted for the investors from FY15-19. Due to the structural changes, manufacturing stocks performance has been better than its peers

HDFC Banks merger has led to the replacement of HDFC share price on various indices by LTI Mindtree, Jindal Steel & Power, and other stocks on NSE. The changes will be effective from July 13, 2023.

Dalal Street week ahead: Commodities, metals, select midcaps look well poised SECTIONS Share Synopsis The coming week will be a truncated one, with Wednesday being a trading holiday on account of Dr Babasaheb Ambedkar Jayanti. Given the current technical setup, Nifty continues to walk the double-edged sword just like the week before his one. Getty Images Related Moving in a trading range that was wider than the previous week, Indian equities did not make any directional headway over the past fi...

Following a strong show in the previous week, the week gone by saw some extension of the Nifty bounce as the benchmark index ended on a positive note. For most part of the past five sessions, the index traded in a capped range with limited upsides. This was unlike the previous week, which had wide-ranging moves. Nifty moved in a narrow 279-odd points range through the week before closing with gains. Volatility also eases. The headline index ended the week with a net gain of 239.05 points, or 1....

In a week that was a bit more volatile than the earlier one, Indian equities continued with their bounce and once again ended at their lifetime high. The trading range was wide over the past five sessions, as Nifty oscillated in the range of 414 points. On the anticipated lines, the market did witness bouts of intermittent profit taking, but all those selloffs got bought into at lower levels. However, this led to an increase in volatility of the previous week. Following days of rangebound corre...