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RBL Bank has seen a breakout of downward sloping resistance trendline adjoining highs of July 27 and August 30, with above average volumes for yet another session, indicating the possibility of further uptrend.

Going forward, 19,600-19,500 is expected to act as a crucial support for the Nifty50 in coming sessions, and if it manages to sustain above then the gradual upmove towards 20,000 can be possible, experts said

Given the technical indicators and market sentiment, Vidnyan Sawant of GEPL Capital anticipates the Nifty to oscillate within the 19,605 to 19,878 range in the coming sessions.

SJVN shares ended at fresh closing high of Rs 81.75, and formed healthy bullish candlestick pattern on the daily charts with strong volumes, after consolidation in previous few sessions.

Even with renewable sources of energy gaining market share in electricity production, oil remains the world’s most important energy source when factoring transportation and heating. Using data from the International Energy Agency (IEA) analyst Florian Zandt at Statista shows 29% of the world’s energy supply came from oil. In the

Speciality chemical companies in niche segments may offer sustained growth with high returns on capital invested, says Satish Ramanathan of JM Financial MF.

Broad market indices like Nifty Midcap and Smallcap indices may continue to underperform for the coming few weeks before they resume their uptrend.

Since the broader markets are overstretched, failing to clear the high might trigger some profit-booking. Traders should remain extremely stock-specific and follow strict stop-losses, advised experts

After a consolidation in the range of 20,000–19,200, the index has finally confirmed a breakout, which has a theoretical target of around 20,600, says Jigar Patel of Anand Rathi.

PSUs have been one of the most important contributors for alpha generation for money managers in the recent past, says Nitin Agrawal of Torus Oro PMS.