The market corrected for the third consecutive session, falling 0.3 percent on August 29 and 1.8 percent for the week. Bearishness prevailed, driven by weakness in technical and momentum indicators, with the index trading below all key moving averages except the 200-day EMA. Hence, according to experts, if the index fails to defend the 24,400 zone in the upcoming session, a fall toward 24,330-24,2...

Equity benchmark indices lost a third of a percent on August 29, marking a negative start to the September series and extending the downtrend for the third straight day. The market breadth was weak, with about 1,582 shares declining compared to 1,167 advancing shares on the NSE. The market may see rangebound trading after the sharp sell-off last week. Below are some short-term trading ideas to con...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Results TodayHighway Infrastructure, Brightcom Group, Valencia India, and Vivanta Industries will release quarterly earnings on September 1.Stocks to WatchTorrent PowerThe company ha...

The selling pressure mounted for the second straight session, dragging the Nifty 50 below the 100-day EMA (24,630) with a nearly 1 percent loss on the monthly derivative contracts expiry on August 28. The sentiment turned more bearish with continued weakness in momentum indicators. Hence, if the correction widens further, 24,400 (upward-sloping trendline support) and 24,340 (August low) are the le...

The benchmark indices remained under pressure for the second consecutive session, falling nearly 1 percent on August 28, the F&O expiry day. Bears dominated market breadth with about 1,901 shares declining compared to 835 advancing shares on the NSE. A rebound may be possible after the severe sell-off, but sustainability is the level to watch given the bearish sentiment. Below are some short-term ...