The benchmark indices closed moderately lower on profit-booking on November 28, with slight weakness in market breadth. About 1,504 shares declined against 1,325 advancing shares on the NSE. The trend is expected to remain in favour of the bulls despite consolidation. Below are some short-term trading ideas to consider:Rajesh Palviya, Senior Vice President Research (Head Technical Derivatives) at ...

The market maintained its uptrend for four days on the trot, though there was profit booking in the late hour of trade. The market breadth was weak for another session, with 1,585 shares declining compared to 1,234 advancing shares on the NSE. Overall, the trend remains favourable for bulls, but some consolidation can't be ruled out given the healthy rally in the last few sessions. Below are some ...

Union Budget 2023 is just over a week away, and since this is the last full-year Budget before General Elections in 2024, it is expected to be a growth-oriented one with a primary focus on job creation, investment-driven growth, and infrastructure development. According to analysts at IIFL Securities, Finance Minister Sitharaman may announce more subsidies to customers to boost EV production which...

Indian equity markets are likely to open in the red as trends in the SGX Nifty indicated at a negative opening for benchmark indices in India with a loss of 85 points. In the previous session, the BSE Sensex fell 652 points to 59,646, while the NSE Nifty 50 slipped 198 points to 17,758 and formed a bearish Engulfing pattern on the daily charts. “17,300-17,600 zone would provide a cushion in ...

Here is the list of top 10 stocks that will be in focus todayTata Motors: Tata Motors on Wednesday reported a consolidated net loss of Rs4,951 crore in the June quarter as chip shortage and COVID-19 lockdown in China impacted Jaguar Land Rover sales. The company had posted a consolidated net loss of Rs4,450 crore in the same quarter last fiscal. Consolidated revenue from operations during the peri...