The benchmark indices remained moderately under pressure amid volatility for the second consecutive session on December 9, but the market breadth favored the bulls. About 1,357 shares advanced, while 1,191 shares declined on the NSE. The consolidative phase is likely to continue in the market despite the overall positive trend. Below are some trading ideas for the near term:Jigar S Patel, Senior M...

The benchmark indices recorded a notable recovery from the day's low for another session, closing flat with a negative bias on July 11, while the breadth was positive. About 1,403 shares advanced, while 924 shares declined on the NSE. The Nifty 50 continued to defend 24,300, and if it breaks this level, then 24,200-24,100 is the next likely support area, while the resistance is placed at the 24,40...

BPCL shares have been continuously trading above the major moving averages and have formed good base around 600-610 levels on the lower side. According to Arun Kumar Mantri, Founder Mantri Finmart, the stock has taken support around 20-DMA and is set to test the upper Bollinger band which is pegged around 635-640 levels.Mantri recommended taking a Bull call strategy on BPCL stock to capture this m...

BPCL Trust sells 68.4 lakh shares in a block deal, stock gains, BPCL's board of directors had approved the sale of up to 68,36,948 equity shares held by BPCL ESPS TrustAround 68.4 lakh shares or 0.3 percent stake in state-run oil marketing company Bharat Petroleum Corporation Limited (BPCL) changed hands in a block deal on February 14."The Board of Directors of BPCL has approved the sale of up to ...

Indian equity markets are likely to open lower on Monday as ahead of the trading session, SGX Nifty was in red, hinting at a negative start for NSE Nifty 50, and BSE Sensex. “We expect volatility to remain high as we have important events like MPC’s monetary policy review meet and monthly derivatives expiry scheduled during the week. Besides, the prevailing pressure in the global indices would...