Bank Nifty declined more than 2 percent in Monday’s trade after the Reserve Bank of India (RBI) directed banks to cap their net open rupee positions in the foreign exchange market at $100 million by the end of each business day. The directive, issued late Friday, requires compliance by April 10.All 14 constituents of the Bank Nifty index were trading in the red. The index had gained more than 4 ...

Equity benchmarks shed over 2 percent on March 27 after a two-day relief rally, following the West Asia crisis and elevated oil prices. Market breadth weakened, with 2,668 shares declining against 374 advancing on the NSE. The market may attempt a rebound after a sharp correction, but sustainability is key to watch. Below are some short-term trading ideas to consider:Rajesh Palviya, Senior Vice Pr...

The benchmark indices closed flat amid consolidation, with the Nifty 50 rising 0.07 percent on February 11. Market breadth turned negative, as about 1,602 shares declined against 1,307 advancing shares on the NSE. The market is expected to consolidate with range-bound trading for the next few sessions before gaining further strength. Below are some short-term trading ideas to consider:Sudeep Shah,...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:Results TodayHindustan Unilever, Oil and Natural Gas Corporation, Coal India, Lupin, Hindalco Industries, Honasa Consumer, Abbott India, Bajaj Hindusthan Sugar, Bharat Forge, B...

Equity benchmarks saw minor selling pressure after four days of gains, with the Nifty 50 falling 0.25 percent on October 8. The market breadth remained in favour of bears, with 1,687 shares declining compared to 1,122 advancing shares on the NSE. The market is expected to consolidate further until a decisive breakout above the previous day's high occurs. Below are some short-term trading ideas to ...