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HDFC Bank has decisively broken its downward sloping resistance trendline adjoining highs of July 3 and September 15, and formed bullish candlestick pattern with lower shadow on the daily scale.

The Reserve Bank of India (RBI) pursued a modest approach to increase interest rates relative to advanced economies, says Anil Rego.

Experts expect the Nifty to hit 21,500-22,000 points in coming months. The Nifty has formed bullish candlestick pattern with long lower shadow on the daily charts on December 5, indicating buying interest at lower levels.

On the higher end, amidst favourable conditions Nifty seems potent to test 20,400 - 20,500 in the comparable period.

Apollo Tyres surpassed its previous record high (touched in August this year) and hit a new high of Rs 445.80 intraday on last Friday after decisively breakout of falling resistance trendline.

Over next few months IT sector will be in focus and can take leadership role for up move, says Ashish Kyal.

With decisively surpassing previous record highs and making higher highs, higher lows formation along with healthy volumes on daily charts last week, the Nifty50 is likely to march further northward with eyeing 20,400-20,500 zone.

HDFC Securities expects the RBI to sound hawkish at its upcoming monetary policy meeting on December 8, says Varun Lohchab.

Last week, the Merriam Webster Dictionary unveiled its 2023 Word of the Year, as well as other words that gained attention as the dictionary’s 2023 data was analyzed. Some of the words that stood out were:·         Rizz was the most frequently looked up word after it was added to the

The Feds strategic approach, coupled with favourable market responses, provides a foundation for the anticipation of a rate cut cycle in the early months of 2024, says Anirudh Garg of Invasset PMS.