India’s benchmark indices — the Nifty and the BSE Sensex — ended sharply lower on Friday amid broad-based selling pressure. Auto, financials and FMCG stocks were among the biggest laggards, while the IT sector witnessed selective buying. In a volatile trading session, the broader Nifty fell 317.90 points, or 1.25%, to close at 25,178.65. The…
Nifty ended Friday with sharp cuts amid selling pressure across the board, with consumer, IT and energy stocks dragging the markets the most. India VIX also moved back above its 200-DMA, indicating rising fear among the market participants. Commenting on the technical charts, Rupak De, Senior Technical Analyst at LKP Securities, said that the setup…
The Indian market ended lower on Monday, with the Sensex and Nifty pulling back as global trade-war rhetoric returned to the headlines and heavyweight earnings disappointed at home. The BSE Sensex slid as much as 629 points intraday on Monday, touching a low of 82,941.01, while the NSE Nifty 50 fell 0.7% to an intraday…
Rajesh Palviya, Axis Securities, shared his outlook on the markets and trading strategies amid heightened volatility. He noted that uncertainty stemming from global cues, particularly comments from US President Trump, has kept investors cautious despite several reform-driven announcements from the Indian government. According to him, the Nifty has breached crucial support zones, specifically the 61%…