The benchmark indices advanced 0.3 percent on August 20, continuing their uptrend for the fifth straight session with positive market breadth. A total of 1,553 shares saw buying interest, compared to 1,164 shares that were under pressure on the NSE. The market may retain its gradual upward trajectory, given healthy technical indicators. Below are some short-term trading ideas to consider:Nilesh Ja...

The benchmark indices closed flat amid rangebound trading on June 10, with the Nifty 50 continuing its upward trend for the fifth straight session. Market breadth remained positive, with about 1,463 shares advancing compared to 1,137 declining shares on the NSE. The market may attempt to continue its upward journey amid rangebound trading in the upcoming sessions. Below are some short-term trading...

As the market dived into a phase of correction in the past few months amid heated valuations and sharp profit booking from exuberant levels, investors had been on the lookout for new leaders to steer the next leg of the bull run. While once-beloved sectors like defense, railways, and construction took a breather, quick commerce players like Zomato and Swiggy have quietly been making their way to t...

The benchmark indices remained in negative terrain with moderate losses amid volatility on October 23, continuing the downtrend for the third consecutive session, despite a positive market breadth. About 1,461 shares gained against 1,039 shares that fell on the NSE. The market is expected to sustain its downtrend amid consolidation, with a "sell on rally" strategy. Below are some trading ideas for...

The Nifty IT sector has witnessed a significant long buildup in this series, with large-cap stocks showing a strong reversal in momentum. To capture this momentum, Jay Thakkar, Head of Quantitative and Derivative Research at ICICI Securities, recommends taking a bull call spread in Mphasis Ltd.As of 9:27 am on July 19, shares of Mphasis Ltd were trading at Rs 2,887.20, up by Rs 53.95 or 1.90%.Stra...