Author: Enos Mwangi

On May 27, the Indian stock market started the week with high anticipation and moderate finishes as both Nifty 50 and Sensex set new record highs during the trading session after a bullish week on the week ending May 24th. Opening with positive momentum, the Nifty 50 reached an all-time intraday high of 23,110.80, and the Sensex peaked at 76,009.68. However, despite the strong start, the day ended nearly flat due to significant profit booking at higher levels. Nifty 50 concluded the session at 22,932.45, reflecting a slight increase of 0.11%, while Sensex slightly adjusted by 0.026% to close at…

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Bonk (BONK) has exhibited a remarkable performance since early April. According to the latest data from CoinMarketcap, Bonk’s price stands at $0.00003628, which puts it at a strong market cap of $2.4 billion. Notably, the crypto asset has seen a substantial increase of 5.53% in the last 24 hours and 39% in the last seven days. BONKUSD Price Chart: TradingView The trading volume over the last 24 hours is over $547 million, which places Bonk at 16th position in terms of volume, an indicator of active trading and market interest. This volume is over 20% of its total market cap,…

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The Indian stock market showed a stable performance as the trading week ended on May 24th, with major indices closing nearly flat. The BSE SENSEX slightly dipped by 0.010% to settle at 75,410.39, while the NIFTY 50 decreased by 0.046% to close at 22,957.10. This subtle movement came ahead of the weekend closure, reflecting a cautious approach by investors amidst mixed global cues. Top 10 Weekly Gainers: Trendlyne.com Let’s look deeply at the top 10 gainers for the week ending 24th May 2024. Indian Emulsifiers Ltd Indian Emulsifiers Ltd. experienced a significant surge in its stock price last week, closing…

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The Indian stock market today, May 25th, remains closed for a weekend. On Friday, May 24th, Nifty 50 closed at 22,957.10, down a marginal 0.046%, while the BSE Sensex ended at 75,410.39, slipping 0.01%. However, both benchmark indices hit fresh record highs during on May 23rd. Nifty 50 Index: TradingView Despite the top stocks recording mixed performances, the small and mid-stock companies recorded impressive high gains. Let’s look at the top 10 best gainers for the day. Johnson Controls Shares of Johnson Controls emerged as the top gainer, skyrocketing 20% to Rs 1,486 after hitting an intraday high of Rs…

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In today’s trading session, the Indian stock markets, both the Nifty 50 and the BSE Sensex, closed flat after recording all-time highs on 23rd May. The Nifty 50 concluded the day at 22,957, marking a slight decline of 0.046%, after oscillating between a low of 22,908.00 and a high of 23,026.40. Similarly, the BSE Sensex managed to close at 75,410, down merely 0.010%, after trading between 75,244.22 and 75,636.50. Most of the top stocks recorded losses, but several small-cap and mid-caps recorded. HDFC Bank Limited Closed at Rs 1,516, which is an increase of 1.60% from the previous session. The…

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Bonk (BONK) is making headlines once again as it gears up for potentially reaching a new all-time high. After a remarkable rally earlier this year, Bonk has caught the attention of traders, thanks to its recent bullish patterns and strategic price movements. Bonk’s journey has seen significant highs and sharp lows. The crypto experienced an exceptional surge of 395% in early March, catapulting its value to an all-time high of $0.00004750, up from a February low of $0.00000950. However, this peak was followed by a 74% correction, with the price stabilizing at a low of $0.00001234 by mid-April. Despite these…

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The BSE Sensex and Nifty 50 soared to record fresh highs today. The Nifty 50 jumped by 1.8%, opening at 22,614.10 and surging to a new all time high of 22,993.60, eventually closing at 22,967.65, up by 370 points, a 1.64%. Similarly, the BSE Sensex opened at 74,253.53, climbed to a peak of 75,499.91, and concluded the trading day at 75,418.04, marking a rise of 1,197 points or 1.61 Nifty 50 Index: TradingView Several factors contributed to this remarkable performance. A major boost came from the Reserve Bank of India’s record dividend payout of Rs 2.11 lakh crore, significantly…

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Shiba Inu (SHIB), the popular meme coin, is currently priced at $0.0000254, reflecting a slight decline of 2.36% over the last 24 hours. Despite this short-term dip, SHIB has maintained a steady increase of 11.8% over the past week, aligning closely with the broader bullish trend in the cryptocurrency market. This performance comes amidst the backdrop of significant developments such as the anticipated approval of the Ethereum spot ETF, which has stirred positive sentiments across related crypto assets like SHIB. SHIB monthly chart: CoinMarketcap The SHIB price has recently breached a two-month consolidation phase, signaling its readiness for an upward…

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Bonk (BONK), a standout in the meme coin category, has been making headlines with its recent market performance. As of the latest data, Bonk is priced at $0.00003203, marking a 2.52% increase over the last 24 hours. With a substantial market cap of over $ 2 billion, Bonk ranks 55th among top cryptos. Remarkably, its trading volume over the past 24 hours was $1.0 billion, a 7% gain in the last 24 hours, which corresponds to a volume-to-market cap ratio of 52.06%. BONK Price Chart: CoinMarketCap Earlier this year, Bonk experienced a significant rally, climbing 395% to a new all-time…

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The Indian stock markets had a positive start to the week after the general election on 20th May, with the benchmark NIFTY 50 index closing at 22,529, up 0.12%. The BSE SENSEX also ended marginally higher at 73,953, down 0.071%, 52.63 points. Both indices saw volatile trading action, with the NIFTY 50 swinging between 22,404.55 and 22,591.10, while the SENSEX moved within a range of 73,762.37 to 74,189.19 during the session. Lets Look at some of the top stocks today. Hindustan Zinc Ltd Hindustan Zinc emerged as the top gainer on the day, surging an impressive 19.99% to close at…

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