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Last trading week had been a roller coaster ride. As the Indian stock market opens for a new trading week today, experts say that the trend may continue, , stock market today, share market today, national stock exchange, bombay stock exchange, bse sensex, nse nifty, morning update
Indian shares were little changed on Monday, as a slide in financials and consumer stocks on lacklustre earnings from key constituents offset gains in metals, while consolidation continued near...
For the unversed, Sebi has shortened the settlement cycle to trade day-plus-one (T+1) from T+2 in January this year. The regulator also announced that it would move to a T+1 settlement cycle for all scrips, effective October 1, 2023.
In the following week, several factors are in place that are likely to decide the trajectory for markets. These include key macroeconomic data points in India and across major developed economies, and a lot of corporate news developments.
Rupak De, Senior Technical Analyst at LKP Securities, says that the recent upswing in the Nifty index indicates a robust bullish reversal after a period of consolidation.