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India’s mom-and-pop investors are facing testing times. During a pandemic-era surge in the stock market, millions poured their savings into equities, drawing on advice from unauthorised financial advisers and social media “gurus” to help identify the next big ticket.
A convicted fraudster and his accomplice have been arrested in connection with a Department of Water and Sanitation order scam.
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Explore Now NEW DELHI: Nifty had a gap up opening on Tuesday, but it failed to sustain the gains and saw a sharp selloff, ending in the red. The headline index formed a long bearish candle on the daily chart. Manish Hathiramani, technical analyst at Deen Dayal Investments said, "On the upside, there is a stiff resistance at 14,700 level and until we do not get past that, we will not enter a bullish trend. It is a tight range and traders need to be cautious in their approach." Ajit Mishra, VP - Research at Religare Broking said, "We believe volatility is likely to remain high for the markets i...
Ahead of Market: 12 things that will decide stock action on Friday SECTIONS Share Synopsis "We might see further consolidation after the recent up move. However, the bias would remain on the positive side," said Ajit Mishra, VP - Research at Religare Broking. iStock Analysts said Nifty can see a brief consolidation in the 14,700-15,000 range in the coming days before it moves higher. Related NSE Explore Now NEW DELHI: Nifty made another gap up opening and took out the crucial 15,000-mark before succumbing to a volatile trade due to the weekly and monthly F&O expiry. The headline index still m...