Taking Stock: Bears tighten grip as Nifty slips below 19,650; Sensex falls 248 points
On the sectoral front, bank, metal, power, realty, oil & gas and pharma down 0.3-0.9 percent, while auto index up 0.5 percent.
Stay updated with breaking news from Firstsource Solution. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
On the sectoral front, bank, metal, power, realty, oil & gas and pharma down 0.3-0.9 percent, while auto index up 0.5 percent.
Domestic stocks looked set to see a gap-down start on Tuesday, following an overnight steep fall in US stocks amid fears of rising inflation in the world’s largest economy. Asian markets were all in deep red and technical charts for key domestic indices hinted at profit booking ahead. Here's breaking down the pre-market actions: STATE OF THE MARKETS Nifty futures on the Singapore Exchange traded 205 points, or 1.37 per cent, lower at 14,783.50, signalling that Dalal Street was headed for a gap-down start on Tuesday. Tech View: Nifty likely to see profit booking Nifty50 formed a bullish Doji...
Ahead of Market: 12 things that will decide stock action on Tuesday SECTIONS Share Synopsis "The new short-term range for the index will be in the 14,200-14,700 range," said Gaurav Ratnaparkhi of Sharekhan. iStock Related NSE Explore Now NEW DELHI: Nifty saw a gap-down opening on Monday and witnessed deep sell-off in the intraday trade. The headline index formed a 'Long Black Day' candle on the daily chart. "Nifty has approached a trendline drawn from the previous crucial swing lows. All these parameters offered some support to the index. These parameters are in the 14,200-14,300 range. Unles...
Ahead of Market: 12 things that will decide stock action on Monday SECTIONS Share Synopsis Momentum indicator ACD on Thursday showed a bullish trade setup on counters such as JSW Energy, Firstsource Solution, UPL and Sun Pharma. Getty Images On the weekly scale, the headline index formed a large bullish candle for the week gone by. NEW DELHI: The Nifty 50 index staged a rebound on Friday after a hiccup in the previous session and formed a bullish candle on the daily chart with a long lower shadow. “The rally in the domestic market was led by positive cues from global peers, strong buying i...
NEW DELHI: Nifty Pharma index was trading with losses at 01:50PM (IST) on Wednesday. Shares of Lupin (down 2.42 per cent), Cipla (down 2.06 per cent), Sun Pharma (down 2.0 per cent), Dr Reddy's Laboratories (down 1.77 per cent) and Cadila Healthcare (down 1.6 per cent) were the top losers in the index. While Aurobindo Pharma (up 0.78 per cent) were among the top gainers. The Nifty Pharma index was trading 1.3 per cent down at 11856.4 around 01:50PM. Benchmark NSE Nifty50 index was down 88.60 points at 14821.85, while the BSE Sensex was down 228.83 points at 50135.13. Among the 50 sto...