Nifty is positioned for further gains this week after a strong rebound, but analysts said a decisive move above the 26,000–26,100 zone remains crucial for the next leg of the rally. All three analysts expect the index to retest or surpass its previous highs, supported by strength in banking and IT, while identifying 25,500–25,750 as…
As Indian equity markets continue to evolve, some believe it’s time to revisit the methodology behind index composition, particularly in how weights are assigned to constituent stocks. The conversation is gaining momentum amid concerns that current weightings overly favor a handful of large-cap names, potentially leading to manipulation by large players in major indices like…
Equity markets are likely to remain under pressure in the near term as rollover trends and technical indicators signal further downside in both Nifty and Bank Nifty, according to Rajesh Palviya, Senior Vice President – Technical and Derivatives Research at Axis Securities. “So, looking at the overall structure it is on the weaker side only….
Indian equity markets traded on a cautious note on Thursday, reflecting ongoing volatility and the typical pressures associated with the monthly expiry. Speaking to ET Now, market analyst Rahul Sharma described the past one and a half sessions as a “roller coaster ride” and highlighted key levels for investors to watch. Sharma noted that the…
Indian equity indices ended the week on a weak note, reacting to a combination of global uncertainties and sustained foreign fund outflows. The Nifty 50 slipped below the crucial 24,400 mark, closing at 24,363.30, down 232.85 points or 0.95%, while the Sensex declined 765.47 points or 0.95% to settle at 79,857.79. Concerns over elevated global…
With Nifty ending July 3% weaker, FII‘s index futures long positions have now fallen to the lowest level in five years. July month derivatives data also saw lower rollover cost for both Nifty and Nifty Bank which indicates that traders are positioned towards a less optimistic August, says Anand James, Chief Market Strategist, Geojit Investments…
The Nifty50 wrapped up a volatile week ended May 30 with a 0.4% dip yet closed the month of May on a positive note, clocking a 1.7% gain. The broader sentiment remained buoyed by continued foreign institutional investor (FII) inflows. Data indicates that in the first half of May, FIIs focused their buying in key…
“We believe Nifty can continue its upward momentum towards 26,000, the next major call concentration area. At this point, one should trail a stop loss towards 25,550 to hold long positions. 26,000 is the immediate target, which could be achieved in the next couple of trading sessions,” says Rajesh Palviya, SVP Research (Head Technical &…