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Jump Networks Ltd board approves proposal to raise up to Rs. 60 crores

Jump Networks Ltd board approves proposal to raise up to Rs. 60 crores
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Nifty: Ahead of Market: 12 things that will decide stock action on Monday

Nifty: Ahead of Market: 12 things that will decide stock action on Monday
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Board of Jump Networks approves change in directorate

Board of Jump Networks approves change in directorate
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Jump Networks Ltd Board approves Rights Issue of equity shares

Jump Networks Ltd Board approves Rights Issue of equity shares
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Ahead of Market: 12 things that will decide stock action on Friday


Ahead of Market: 12 things that will decide stock action on Friday
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Last Updated: May 20, 2021, 10:20 PM IST
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Synopsis
Analysts said, Nifty may end up going back to a broad trading range if it doesn't end up seeing any followup buying.
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NSE
By Sabari Saran
New Delhi: The domestic equity market continued to fall for the second straight day as sharp sell-off in metals and financial counters weighed on investor sentiment. The index breached the psychologically important 15,000-mark, forming a bearish candle on the daily chart.
Analysts said, Nifty may end up going back to a broad trading range if it doesn't end up seeing any followup buying. Nifty will need to hold above the 15,000 level to witness any further bounce. Will the market regain the 15,000 level or see pain in the short term?

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Ahead of Market: 12 things that will decide stock action on Tuesday


Ahead of Market: 12 things that will decide stock action on Tuesday
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Last Updated: May 17, 2021, 10:06 PM IST
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Synopsis
Nifty formed a healthy bullish candle on the daily scale even as it negated the formation of lower highs and lows of the last three sessions.
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Manish Hathiramani, Proprietary Index Trader and Technical Analyst of Deen Dayal Investments, said the market may remain bullish as it has managed to zoom past the 14,850 level.
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NSE
By Sabari Saran
New Delhi: Dalal Street's fear gauge, India VIX, on Monday recorded the lowest close in 87 sessions since January 1, 2021, signalling a sharp drop in volatility. Meanwhile, Nifty formed a healthy bullish candle on the daily scale even as it negated the formation of lower highs and lows of the last three sessions.

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market outlook: Ahead of Market: 12 things that will decide stock action on Friday


By Sabari Saran
NEW DELHI: Asian markets extended losses on Thursday, perpetuating the weak sentiment from the US tech rout. But mild gains in US stock at the opening tick later in the day held out promise for Friday’s session on Dalal Street, which was shut on Thursday for a public holiday.
Nifty slipped 1 per cent on Wednesday, and in the process, formed a Bearish Belt Hold pattern on the daily chart. Analysts said the 50-pack is facing a stiff hurdle on the higher side, especially in the 14,900-15,000 zone.
“Only a close above the 15,000 mark can activate the overall bullish stream. Otherwise, we may again see selling pressure at higher levels. Support can be seen near the 14,775-14,700 zone,” said Rohit Singre, Senior Technical Analyst at LKP Securities.

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52-week low: Stock market update: 12 stocks hit 52-week lows on NSE


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market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday


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NEW DELHI: Nifty saw a gap down opening on Tuesday, but soon recovered in the intraday session to form a bullish candle on the daily chart. The headline index snapped its four-day winning streak as it traded lower than the previous session's trading range.
Market reacted to the global fear of a rise in inflation, which many fear could trigger a Fed rate hike earlier than anticipated, said Ajit Mishra, VP - Research at Religare Broking.
"Nifty has been struggling to cross the 15,000-mark for the last two months and is witnessing a slide again after almost reaching that level. However, we feel the downside could be capped this time due to the existence of a support around 14,600 zone," he added.

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stock market analysis: Ahead of Market: 12 things that will decide stock action on Monday

BSE, Happiest Minds, KSB, Lupin, Marico, UTI AMC, Wipro, NALCO, Hindustan Copper and NMDC witnessed strong buying interest from market participants as they scaled their fresh 52-week highs on Friday, signalling bullish sentiment.

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