The markets traded with a positive bias throughout the week as Nifty continued its upward drift while staying within a defined range. The index oscillated in a narrow band of 448.70 points, moving between 24,881.65 and 25,330.75. Despite intra-week volatility, the index managed to post a net gain of 391.10 points, or 1.57%, on a…
The Indian market ended higher on Tuesday, with the Sensex climbing more than 590 points and the Nifty 50 breaching the 25,230 level, as a number of factors, from gains in auto stocks to optimism over U.S. trade negotiations and expectations of a U.S. Federal Reserve rate cut, shaped investor sentiment. The S&P BSE Sensex…
After consolidating for two weeks, the Nifty finally appeared to be flexing its muscles for a potential move higher. Over the past five sessions, the Nifty traded with an underlying positive bias and ended near the week’s high point while also attempting to move past a crucial pattern of resistance. The past week saw the…
Foreign Institutional Investors (FIIs) turned net buyers on Tuesday after a gap of one month, buying domestic equities worth Rs 694.57 crore. The last time they had purchased Indian equities was on February 19 when they bought shares worth Rs 8,216 crore. The FIIs complemented the domestic institutional investors (DIIs) who purchased shares worth Rs…