Heavyweights power Sensex, Nifty to record highs; analysts say correction over
Analysts, however, say the stage is set for the Nifty to march to 23,000 in the coming weeks, as most of the corrective period is over
Source: moneycontrol.com
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F&O stock strategy: How to trade in PNB, Shriram Finance and NALCO?
Indian markets were trading in the red on Thursday dragged by auto, energy and FMCG stocks. Nifty fell by 130 points to the day's low of 22,303.80 after hitting a fresh lifetime high of 22,619, thanks to the surge seen in index heavyweight HDFC Bank.
Source: indiatimes.com
m&m shares: F&O stock strategy: How to trade Ambuja Cements and M&M?
Indian headline indices S&P BSE Sensex and Nifty traded lackluster in the early trade amid weak US handover. Nifty fell by over 100 points to hit the day's low of 22,346.50 amid selling pressure in banks, auto and FMCG stocks.
Source: indiatimes.com
Bank Nifty recovers from early losses, to expire in 47,200-47,800 range
Bank Nifty is expected to remain sideways to bullish. Sustained levels in HDFC Bank could trigger short-covering towards the end of the day, potentially leading to a last-hour spike in the index, say experts
Source: moneycontrol.com
Sensex, Nifty: 5 reasons why shares are rising today
Asian markets including that of China, Hong Kong and Taiwan gained up to 1.6 per cent, tracking an overnight rise in US stock indices that settled 0.8-1.2 per cent higher, ahead of Friday's inflation data.
Source: businesstoday.in