Nifty 50 faces a volatile week ahead as technical indicators flash weakness and multiple analysts flag critical support levels that could dictate the index’s near-term trajectory. While consumption-driven sectors like auto, FMCG, and consumer durables are showing relative strength, caution is advised in banks, IT, PSUs, and realty. RAJESH PALVIYA HEAD – TECHNICAL AND DERIVATIVES…
Indian equities closed out August with a second straight month of losses, as the Nifty fell 1.38% in a holiday-shortened month and recorded its weakest two-month stretch since early 2023. The benchmark index has been weighed down by U.S. tariff shocks, foreign fund outflows, and profit-taking across key sectors. Investors now face a pivotal week…
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 benchmark indices Sensex and Nifty fell for a third straight session Friday, dragged down by Reliance Industries after its annual shareholder meeting and further pressured by investor unease over steep U.S. tariffs on Indian exports rolled out earlier this week. The BSE Sensex declined 270.92 points, or 0.34%, to finish at 79,809.65, while the…
The Indian market ended lower on Thursday, as banks and IT stocks bore the brunt of the selling, after the United States’ 25% additional tariffs on Indian imports took effect, rattling investor sentiment and setting the tone for the session. The BSE Sensex declined 705.97 points, or 0.87%, to finish at 80,080.57, while the NSE…
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…
The Indian market ended lower on Friday, halting a six-day winning run, as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole symposium and braced for fresh U.S. tariffs on Indian goods, amid other headwinds weighing on sentiment. The BSE Sensex fell 693.86 points, or 0.85%, to close at…
The markets traded in a slightly buoyant yet range-bound manner over the past week and ended on a positive note. The Nifty oscillated within a narrow band of 300.80 points through the week, moving between a high of 25,153.65 and a low of 24,852.85 before closing at 24,870.10. India VIX continued to cool off, slipping…
Indian benchmark indices Sensex and Nifty extended their winning streak to a fifth session Wednesday, lifted by IT shares, as investors looked ahead to the US Federal Reserve’s Jackson Hole symposium later this week. The S&P BSE Sensex advanced 213.45 points, or 0.26%, to 81,857.84, while the NSE Nifty 50 gained 69.90 points, or 0.28%,…
In this episode of Two Sharp with ET, Nisha Poddar breaks down two big stories. First, equity mutual funds hit a historic high in July, with ₹42,702 crore in inflows driven by sectoral, small-cap, and flexi-cap schemes, while debt funds bounced back strongly. Second, Indian markets snap a six-week losing streak, NSDL shares extend their…