The market recorded a new closing high after gaining strength in the afternoon on July 18, following a couple of days of consolidation. The Nifty 50 was up 188 points, or 0.76 percent, at 24,801. About 1,618 shares advanced against 728 declining shares on the NSE. The Nifty is likely to maintain an upward rally towards 24,900-25,000, with immediate support at 24,600-24,500 levels. Here are some tr...

Shares of Policybazaar parent PB Fintech, Thermax, Sundaram Finance, and Canara Bank surged in trade on May 15 as the inclusion of these stocks in the MSCI's Global Standard index, post its latest rejig, brought cheer for investors.On the other hand, the share of Paytm parent One97 Communications fell in trade after the stock was thrown out of the MSCI Global Standard index. Nonetheless, it made i...

Indian share market is expected to open in the red as trends in the SGX Nifty indicate a negative start for benchmark indices BSE Sensex and NSE Nifty 50 with a loss of 215 points. “Nifty might continue with its consolidation as global economic data points towards weakness, while brent crude has again crossed $100/bbl and dollar index continues to remain firm at 108 levels. On the other hand, FI...

The benchmark indices witnessed a pullback rally on Tuesday, as the NSE Nifty 50 ended 86 points higher while the BSE Sensex was up by 257 points. Among sectors, PSU Banks outperformed, rallying nearly 2.5 per cent while sharp selloff was seen in IT stocks. As a result, the IT index was corrected over 1.5 per cent. Technically, after a gap down opening the index took the support near 20 day SMA ...

The benchmark indices witnessed narrow range activity, after a volatile trading session, the NSE Nifty 50 closed at 17,345 while the BSE Sensex closed at 58,136 levels. Among sectors, PSU Bank index gained the most, rallying over 2.3 percent whereas profit booking was seen in Reality and selective IT stocks. Technically, after initial intraday correction, the indices took the support near 17200/57...