On February 19, the market managed to close above 10,580 in spite of a steep sell-off on that day. It has helped the market to technically rebound towards 10,800, but the index is still trading in a range of 10,550-10,950. Traders should not forget about the crucial level of 10,580 ... Read More »
Cipla, Power Grid, Sun Pharma, Kotak Mahindra Bank and Tech Mahindra were among the top gainers in the Nifty pack of stocks. NEW DELHI: Gains in shares of Indiabulls Real Estate (up 2.19 per cent), Brigade Enterprises (up 1.62 per cent), Oberoi Realty (up 0.99 per cent) and DLF (up ... Read More »
Shares in India snapped three sessions of gains on Monday as investors sought refuge in safe havens as tensions in the Korean peninsula escalated following North Korea’s sixth and most powerful nuclear test on Sunday. The Sensex fell 0.6% to 31,702.25, while the broader Nifty ended 0.62 % lower at ... Read More »
Indian shares gained most in nearly five months on Tuesday, bouncing back from the previous session’s multi-month lows, led by financial stocks such as ICICI Bank, while companies including Zee Entertainment Enterprises Ltd and Tata Steel Ltd rose on short-covering. The benchmark Sensex closed up 1.89 percent at 28,050.88, while ... Read More »
Snapping the six-session long gaining spree, the S&P BSE Sensex was trading over 150 points lower, while broader CNX Nifty was ruling below its key 7,450-mark. The headline indices traded flat even as Asian stocks edged up after New Zealand surprised markets with a rate cut, keeping investors primed for ... Read More »
