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May 30, 2023
The domestic benchmark indices - the S&P BSE Sensex and the National Stock Exchange Nifty50 - had lost close to 1.5 per cent in three days recently before gaining slightly. Notwithstanding weakness and volatility, the Nifty50 has managed to hold on to the 18,000 mark, while the Sensex has managed to stay above the 61,000 level. The performance of the stocks that comprise these front-line indices remains polarised.
May 29, 2023
The 18,350-18,400 levels are expected to act as a strong support zone and if held in the forthcoming week, the Nifty will start moving towards 19,000 levels, according to experts
May 22, 2023
The 30-share BSE Sensex pack 234 points or 0.38 per cent higher at 61,964; while the broader NSE Nifty index moved 111 points or 0.61 per cent up to settle at 18,314. Mid and smallcap shares finished on a positive note, with the Nifty Midcap 100 up 0.63 per cent and Nifty Smallcap 100 rising 0.55 per cent. Fear index, India VIX, rose 2.17 per cent to 12.57.
May 18, 2023
The 30-share BSE Sensex surged 372 points or 0.60 per cent to trade at 61,933, while the broader NSE Nifty moved 108 points or 0.59 per cent higher to trade at 18,290. Mid- and small-cap shares were positive as Nifty Midcap 100 gained 0.44 per cent and small-cap was up 0.58 per cent.
May 17, 2023
As many as 26 stocks hit their 52-week lows today. BSE 500 stocks such as Aditya Birla Fashion and Retail, Ipca Labs, PVR Inox and VMart hit their respective one-year low levels. That said, 115 stocks touched their one-year high levels today.
May 16, 2023
The 30-share BSE Sensex pack fell 80 points or 0.13 per cent to trade at 62,265, while the broader NSE Nifty moved 13 points or 0.07 per cent down to trade at 18,386. On the global front, Asian shares were up tracking an overnight rise in the US stock markets.
May 15, 2023
Nifty futures on the Singapore Exchange traded 52 points, or 0.28 per cent, lower at 18,272, hinting at a negative start for the domestic market on Monday.
May 15, 2023
The momentum can take the Nifty50 towards 18,500-18,700 in coming sessions, if it sustains 18,200 mark which can be near term support, followed by 18,000 being crucial support, experts said
May 8, 2023
The 18,200-18,250 range could be crucial on the higher side which can take the index above 18,500-18,600 levels, but falling below 18,000 levels can drag the index up to 17,800, while 17,500 would be a critical hurdle going ahead, experts feel