Nifty
Nifty faces profit booking after strong start
Smaller stocks represented by Nifty Mid and small cap 100 Index outperformed the Nifty where they gained 1.08 per cent and 0.99 per cent respectively as against 0.59 per cent rise in the Nifty.
Nifty falls 165 points on selling pressure as oil prices surge
Nifty fell by 165 points (-0.8 per cent) to close at 19,551 levels, Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said.
Nifty has given highest returns in October: Report
In the last 10 years, the index has closed in the green on nine occasions with an average positive return of 2.9 per cent, highest average return observed in any calendar month, the report said.
Markets likely to remain under pressure as US bond yields at 16 year highs
Nifty traded sideways amid subdued global cues and closed flat to negative at 19669 levels. Also mounting concerns over China’s real estate sector, and FIIs offloading in domestic equities dampened the sentiments, he said.
Nifty ends flat amid dampened sentiment
While Nifty 50 closed flat at 19,674.55, Sensex closed nearly 15 points, or 0.02 per cent, up at 66,023.69.
India is the most expensive stock market in the world
FPI selling which started early this month continued in the week ended September 22. This month, in the 15 trading days, so far, FIIs were sellers in eleven days.
Under selling pressure through the week, Nifty falls 2.8% from all-time high
This recent correction has caused it to dip below the critical 21-day Exponential Moving Average (21EMA). The sentiment appears bearish at this point, with a key support level identified at 19,600, De said.
Nifty’s sharpest weekly fall since Feb 20
Nifty fell on September 22 but showed signs of near term bottom formation. A fall below 19645 could take the Nifty to 19460-19480 band while on rises, Nifty could face resistance at 19849 for the near term.
Nifty intra-day rises in the near term could face profit taking
Nifty could now remain in the 19,645-19,865 band for the near term. Intra-day rises in the near term could face profit taking/sell on rise, said Deepak Jasani, Head of Retail Research at HDFC Securities.
Nifty fell 2.2% in last three days amid profit booking at higher levels
Nifty continued its downward journey to close with a loss of 159 points (-0.8 per cent) at 19,742 levels, while Sensex plunged 570.60 points (-0.85 per cent) to settle at 66,230, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
Advertisement