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A correction of not more than 300 and 400 points is expected in Nifty. On the lower side, watch out for 13,400 and 13,300 will be the levels to watch closely, says
Equity99 Advisors.
Is there comfort in the market even at these levels or are a lot of people shying away now and watching from the sideline?
My clients and all the investors who are associated with us are under confident right now as the markets have been shooting up and this is the time to be very cautious. Nifty has been moving in the 13,750-13,850 range where profit booking is very much expected. The market is looking overstretched right now and both technically and fundamentally correction is required.
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Share Market Highlights: Sensex ends at record high, Nifty at 13,760; TCS, SBI, L&T, Nestle, Titan top gainers
India Stock Market Highlights Today: In today s session, Sensex hit an all-time high of 47,026 and Nifty logged a lifetime high of 13,772.
BusinessToday.In | December 29, 2020 | Updated 20:03 IST
Share Market Highlights: Here s a look at the updates of the market action on BSE and NSE today
Sensex, Nifty Highlights on December 18: Equity indices closed at new record highs on Friday, amid mixed trend from global equities. Extending gains for the sixth session, Sensex ended 70 points higher at 46,960 and Nifty gained by 19 points to 13,760. In today s session, Sensex hit an all-time high of 47,026 and Nifty logged a lifetime high of 13,772. Yesterday, Sensex ended 223 points higher at 46,890 and Nifty gained by 58 points to 13,740.
Year-ender 2020 | Nifty Realty remains an underperformer in 2020; will 2021 be different?
While most sectors rallied after the March selloff triggered by the outbreak of COVID-19, realty remained tepid and like PSU bank stocks, witnessed cold responses from investors. December 18, 2020 / 10:59 AM IST
The Nifty Realty pack, despite its recent gains, looks set to end the calendar year 2020 as an
underperformer but the road ahead too comparatively better, especially for a few players from the sector.
As of December 16 close, Nifty Realty is up just about 2 percent against a healthy 12 percent gain in the benchmark Nifty.
While most sectors rallied after the March selloff triggered by the outbreak of COVID-19, realty remained tepid and like PSU bank stocks, witnessed cold responses from investors.
Sensex ends at record high, Nifty at 13,740; HDFC twins, Bajaj Finance, IndusInd Bank top gainers
Sectorally, gains in financials, banking, realty and pharma index were capped by losses in media, metal, FMCG, PSU banks and IT scrips
BusinessToday.In | December 17, 2020 | Updated 17:25 IST
HDFC, Bajaj Finance, HDFC Bank, IndusInd Bank, PowerGrid, UltraTech Cement, TCS, Tech Mahindra and L&T were among the top gainers on Sensex
Market indices closed at new record highs on Thursday, amid persistent foreign fund inflows and positive global equities. Rallying for the fifth consecutive session, Sensex ended 223 points higher at 46,890 and Nifty gained by 58 points to 13,740.
Rupee Vs Dollar: The local unit closed flat against the US dollar today
After a day of registering marginal gains, the rupee settled flat against the US dollar on Thursday, December 17, just one paisa lower at 73.59 (provisional) amid a stable trend in domestic equity markets. At the interbank foreign exchange market, the domestic unit opened at 73.52 against the greenback and registered an intra-day high of 73.39. It witnessed a low of 73.59. However, today in an early trade session, the local unit surged by six paise to 73.52 against the dollar. The rupee finally settled at 73.59 against the American currency, registering a decline of one paisa over its previous close. On Wednesday, December 16, the local unit had surged by five paise to settle at 73.58.