Author: Enos Mwangi

The Indian stock markets reached new highs on Friday, with the Nifty 50 closing at 25,235 and the Sensex at 82,365. The Nifty 50 gained 0.33% or 83.95 points to end at 25,235.90 while the Sensex rose 0.28% or 231.16 points to finish at 82,365.77. For the week, the Nifty 50 gained 1.66% or 412.75 points and the Sensex climbed 1.58% or 1,279.56 points. Monthly gains were more modest, with the Nifty 50 up 1.14% or 284.75 points and the Sensex advancing 0.76% or 624 points. Nifty 50 Ndex Weekly Chart: TradingView Bajaj Auto Ltd led the monthly pack with…

Read More

The Indian stock market reached new heights today, with the Nifty 50 closing at 25,246.80, marking a gain of 0.38% or +94.85 points within a daily range of 25,199.40 to 25,268.35. Similarly, the BSE Sensex surged, ending the day at 82,365.77 with a 0.28% increase or +231.16 points and trading between 82,256.02 and 82,637.03. Nifty 50 Index: TradingView This positive momentum extended to several key stocks that were among the top gainers, each demonstrating strong bullish patterns and impressive statistical performances. Cipla Ltd was one of the top performers today, opening at Rs 1,615.00 and reaching a high of Rs…

Read More

Today, the Nifty 50 index is trading at 25,157.40 points, up by 0.42% with a gain of 105.05 points as of writing. It has reached a new all-time high, breaking above the resistance zone at 25,078, suggesting continued bullish momentum. Meanwhile, the BSE Sensex is currently at 82,223.83 points, showing a growth of 0.54% or +438.27 points. It has tested the resistance level at 82,120 but is yet to establish a clear trend, with the next few sessions critical in determining whether it will face rejection or continue its upward trend. Sensex Index: TradingView The Nifty Bank index is also…

Read More

Today Aug 28th, the Nifty 50 tested its resistance level and is likely to consolidate between 24,950 and 25,100, registering a gain of 101 points or 0.42%, trading at 25,122 as of writing. Nifty 50 Idex: TradingView The BSE Sensex also has risen by over 300 points or 0.38%, reaching 82, 018. Both indices are approaching key resistance levels, with the Sensex nearing 82,120. The upcoming sessions will be crucial to determine whether a breakout or rejection will occur at these resistance points. Source: NSEIndia Among the top gainers, LTIM has demonstrated strong bullish momentum today, opening at Rs 5,775.00,…

Read More

The Indian stock market closed flat today, with the BSE Sensex marginally rising by 13.65 points to close at 81,711.76 and the Nifty 50 increasing by 7.15 points to end at 25,017.75. The Nifty Bank index displayed more stronger movement, climbing by 130.65 points to reach 51,278.75 Nifty 50 Index: TradingView This steady rise in key indices was supported by strong performances from select stocks, particularly in the Bajaj Finserv Ltd. saw its stock opening at Rs1,686.20 and eventually reaching a high of Rs1,729.00. It closed at Rs1,727.60, a 2.46% increase from its previous close of Rs1,686.20 Source: NSEIndia SBI…

Read More

The Indian stock market is seeing a good week as it starts, with both Nifty 50 and BSE Sensex showing uptrend momentum. The Nifty 50 has gone up by +0.81%, rising 201.40 points to hit 25,024.55 mark as of writing. Also, the BSE Sensex has increased by +0.84%, adding 680.39 points to reach 81,766.60 mark. Top 10 Gainers Today: NSEIndia This growth is in line with the previous week’s trends which saw Nifty climbing up by 1.15% or by 282 pts while Sensex rose by 0.81% or 649 pts. The market remains strong as reflected in bullish trend across various…

Read More

The Indian stock market closed flat on Friday, with the Nifty 50 and Sensex making modest gains while the Nifty Bank index experienced a slight decline. The Nifty 50 closed at 24,823.15, up 0.047% or 11.65 points.  The BSE Sensex finished at 81,086.21, gaining 0.041% or 33.02 points. In contrast, the Nifty Bank index closed at 50,933.45, down 0.10% or 52.25 points. Weekly statistics reveal a more positive trend with the Nifty 50 gaining 1.15% or 282 points and the Sensex rising 0.81% or 649 points over the last week. Nifty 50 Daily Chart: TradingView This coming week, these stocks…

Read More

A week with consistent gains saw the Indian stock market demonstrate its resilience. Meanwhile, 282 points or 1.15% was added by Nifty 50 and Sensex rose at a sluggishly higher rate of 0.81%  or 649 points. This uptrend reflects the growing confidence of investors despite concerns about global economic recovery.  Nifty 50 Weekly Chart: TradingView The Nifty Bank index, however, saw a slight dip of 0.10% or 52.25 pointson Friday, indicating some caution in the financial sector. Friday’s trading session ended on a positive note with both major indices posting slight gains. The Nifty 50 closed at 24,823.15, up 0.047%…

Read More

In today’s trading session, Indian stock market indices displayed a mixed performance, while several individual stocks posted notable gains across various sectors. The NIFTY 50 closed slightly up at 24,823.15, gaining 0.047% or 11.65 points. Similarly the BSE SENSEX which tracks 30 major companies listed on the Bombay Stock Exchange edged higher by 0.041% or 33.02 points, closing at 81,086.21 Nifty 50 Index: TradingView However, the Nifty Bank index which represents 12 major banking stocks, saw a minor dip of 0.10% or 52.25 points ending the day at 50,933.45. Several major Indian stocks posted notable gains reflecting positive sentiment across…

Read More

Today, the Indian stock market witnessed a positive movement with the Nifty 50 gaining 41.30 points reflecting a 0.17% increase to close at Rs 24,811.50. Similarly, the BSE Sensex rose by 147.89 points or 0.18%, finishing at Rs 81,053.19. The Nifty Bank Index also performed well, climbing by 300.15 points to reach Rs 50,985.70, marking a 0.59% increase. Among the top gainers today, Grasim Industries Ltd, Tata Consumer Products Ltd, Bharti Airtel Ltd, Tata Steel Ltd and ICICI Bank Ltd stood out for their significant performances. Nifty 50 Index: TradingView Grasim Industries Ltd opened at Rs 2,694.45 and experienced a…

Read More