Bulls regained control in today’s trade as benchmark indices, Sensex and Nifty, rebounded after several days of downtrend, driven by value-buying at lower levels.Mid-cap and small-cap stocks came back with a vengeance with the Nifty Smallcap 100 clocking the highest gain (2.07%) among diversified indices. Among sectoral indices, Nifty Media was the biggest gainer surging 3.84 percent led by smar...

Benchmark indices Nifty and Sensex surged the most in two months, extending early gains and building momentum throughout the afternoon, fueled by a broad-based rally that boosted investor sentiment. Market experts attribute the sharp rebound to the Nifty’s relative strength index, which had dipped below 30 in the past two sessions, signaling oversold conditions and paving the way for a strong pu...

Shares of Zee Entertainment Enterprises Ltd (ZEEL) surged over 7 percent on Tuesday after Punit Goenka stepped down as Managing Director while continuing as the company’s Chief Executive Officer (CEO).In a regulatory filing, the company stated, "The Board has accepted the resignation of Punit Goenka as Managing Director of the company and appointed him as CEO." This move is aimed at allowing Goe...

Waaree Energies Limited shares opened on a weak note on November 19, plunging 6.3 percent to Rs 2,916, ending a four-day winning streak after the company's second-quarter earnings fell short of market expectations.During the quarter under review, the renewable energy player reported a muted 1 percent increase in revenue to Rs 3,574.37 crore. The net profit, however, surged 15 percent to Rs 361 cro...

Suzlon's market share in India is expected to improve to 35-40 percent by FY27, according to Morgan Stanley, which also forecasts India’s wind additions to generate 32GW of demand worth $31 billion for wind OEMs between FY25 and FY30.Suzlon Energy shares surged 5 percent to hit the upper circuit limit of Rs 62.22 in early trade on November 19, marking a third consecutive day of gains, following ...

Nifty Trade SetupThe market remained under pressure for seven consecutive days, falling below 23,500 and the 200-day Exponential Moving Average (DEMA) with a third of a percent loss on November 18. If the index sustains below 23,500, given the bearish sentiment and the lower highs-lower lows formation, the decline could extend to 23,200, which coincides with the 50-week EMA (Exponential Moving Ave...

Nifty Trading PlanThe Nifty 50 continued its downward movement for the seventh consecutive session, falling below the 23,500 level on November 18. Most technical indicators suggest bearish sentiment, although the RSI (Relative Strength Index) has reached oversold levels. If the index sustains below 23,500, the further downside cannot be ruled out, potentially targeting the 23,300–23,200 zone. Ho...

Stocks to PickThe market remained under pressure, falling by a third of a percent on November 18, with overall negative breadth. About 1,563 shares declined, while 941 shares advanced on the NSE. The bearish sentiment may persist, but there could be a potential rebound as the indices are in the oversold zone. Below are some trading ideas for the near term:Mehul Kothari, DVP – Technical Research ...