Indian benchmark indices closed higher for the second consecutive session on Wednesday, extending the momentum from Tuesday, even as IT stocks weighed heavily on the markets. Gains across most other sectors, supported by optimism around the India–US trade deal, helped offset the drag. The Nifty settled at 25,776, up 48.45 points or 0.19%, while the…
The India–US trade deal provided a strong boost to domestic equities, with benchmark indices ending the session with broad-based gains across sectors. Financials, auto, realty and chemicals emerged as the top performers, while Reliance Industries and HDFC Bank were the biggest individual contributors to the frontline indices. The Nifty closed at 25,727.55, up 639.15 points…
In the Nifty200 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 16, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day…
In the five trading sessions preceding January 3, the Sensex rose by around 0.67%, or 524 points, finishing at 79,223, despite recording losses in three sessions. However, ETMarkets highlighted 12 stocks from the BSE 500 that showed consistent price increases during this period. (Data Source: ACE Equity) Source link