Bank Nifty

Mumbai: A technical pattern on the Nifty and Bank Nifty is pointing to further weakness in both the indices. The benchmarks have formed the so-called Death Cross pattern for the first time since March 2020. This happens when a short-term…

NEW DELHI – After climbing past key resistance levels in the first week of April, benchmark equity indices succumbed to selling pressure in the current week, with high inflation, both domestic and global, dominating headlines. The Nifty50,…

The second day of the short week also played out on expected lines. Market had a predominantly volatile day with negative bias as they ended up closing on a negative note. Nifty opened weak and got weaker as the day progressed. A modest…

35,000 is a support for the Bank Nifty, and possibly next week we could see the Bank Nifty heading towards at least 36000-36500 on the index, said Kunal Bothra, kunalbothra.co.in. Edited excerpts: For most part of the week we were hovering…

NEW DELHI: Nifty Bank has been among the underperformers during the week led by heavy selling in private banks including Kotak Mahindra Bank, HDFC Bank and ICICI Bank. The selling in the banking index intensified after some buying seen in…

We have seen a reversal candle from the lows which is what we call a morning star pattern and now post we cross 16,800 on Nifty we could expect a move all the way to 17,500 as well. So for now, we will keep a stop loss at 16,400, and watch…

Following the prior two weeks’ decline, Nifty commenced this week on a gap down note. Nifty failed to surpass levels of 16,000 mark during intra-day recovery, while on the flip side it fell as much as 15,711. Eventually forming a huge…

New Delhi: Fears of a nuclear mishap amidst the reports of Russian shelling on Ukraine’s biggest nuclear plant impacted the Indian share market negatively. Sensex today ended 769 points or 1.5 per cent lower. However, it…

New Delhi: Monday saw a brutal bloodbath on D-Street. Sensex closed 1,747 points lower at 56,405.84. Nifty50 slumped a whopping 531 points and ended below 16,900 at 16,842.8. According to a report by The Economic Times, this is the worst…

New Delhi: Indian share markets on Monday opened in the red and fell a sharp 1,400 points, in line with the global markets. Sensex was trading at 56,757 as of 9:30 AM on Monday, according to data on bseindia’s website. On…