The Nifty remained mostly sideways on April 10 as investors chose to wait ahead of the US CPI inflation data, which could potentially impact rate cuts by the Fed. The resistance zone is placed at 22,700-22,750, while support is at 22,600.A decisive move above 22,750 might induce a rally towards 23,000 in the short term. Since the market appears to be rangebound, buying on dips and selling on ralli...

Higher returns with lower volatility: Select indices beat NSE Nifty 50 in the past year, Beyond thematic indices, strategy indices that focus on low volatility have also outperformed Nifty 50 returns. For example, the Nifty 100 Low Volatility Index has gained 41 percent in one year, but its volatility reading was at 8.84Select equity market segments have widely outperformed the benchmark NSE Nifty...

NSE Nifty 50, Bank Nifty and BSE Sensex surged on Friday surpassing crucial levels under watch. NSE Nifty 50 rose 215.05 pts or 1.24% today to 17,536.95; BSE Sensex climbed 803.43 pts or 1.36% to 59,712.78; and Bank Nifty skyrocketed 841.75 pts or 2.08% to 41,231.55. Analysts attribute today’s rise to Adani-GQG’s $1.87 billion deal. “The US-based investment firm GQG partners investing Rs 15,...

The Nifty IT index has risen over 6% year to date compared to a 14% surge in tech-heavy Nasdaq. In 2022, the Covid-19 pandemic accelerated the shift towards remote work and digitisation, leading to an increase in demand for IT products and services, taking the Nifty IT index above 36,800. But as questions arose over the valuation of IT stocks, the index fell below 26,200 in the later half of 2022....

Adani Enterprises and Adani Ports & SEZ dragged the NSE Nifty 50 index down by 0.25% on Wednesday even as the BSE Sensex closed 150 points higher from the previous day. Since the 30 stocks that comprise BSE that do not include the Adani Group firms, despite the excessive turbulence and heightened volatility in the domestic equity markets as a result of the Union Budget 2023, the Sensex successfull...