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As many as 41 stocks in the Nifty 50 index delivered a positive return to investors in the passing week. With a gain of (10.3 per cent), HDFC Life Insurance company emerged as the top gainer in the index.
Over the past couple of weeks, the Indian equity market has been on a roll. It has not only managed to take out a double top resistance at 15,431, but also closed at a new lifetime high of 15,670. The extent of the buoyancy has been such that Nifty has accumulated nearly 1,000 points of gains in just three weeks. The volatility, as represented by INDIA VIX, has fallen another 8.40% and the index currently stands at 15.9400. This is by far its lowest level in recent months. This low point was seen previously only in February 2020. The Volatility Index and Nifty50 always share an inverse relati...
While legendary investor Jim Rogers believes that commodities remain one of the cheapest asset classes right now despite a considerable run-up in prices, he warns of a correction in the short-term.
Trade Setup: Nifty may make a technical pullback on Monday; stay away from high beta stocks SECTIONS Trade Setup: Nifty may make a technical pullback on Monday; stay away from high beta stocksBy Share Synopsis Monday's session is likely to have a tepid start to the day. The levels of 14,680 and 14,735 will act as immediate resistance points, while support will come in at 14,550 and 14,480 levels. Getty Images The pattern analysis shows that the index was very much within the falling channel formed after marking the high point at 15,431. Nifty is once again between its 50-, and 100-DMA at ...
Tech View: Nifty50 resistance seen at 14,560; analysts say buy on dips SECTIONS Share Synopsis For the day, Nifty closed at 14,483 level, up 142 points or 0.99 per cent. Mazhar Mohammad of Chartviewindia.in says the 14, 560 level would be crucial for Nifty. Shutterstock.com Independent analyst Manish Shah said Thursday's bullish Piercing Line on Nifty is giving way to bullish sentiment, but the index still needs an additional confirmation of the change in trend, which was absent in the last available data point. Related NSE Explore Now NEW DELHI: Nifty50 on Monday breached the psychologically...