The Nifty 50 index opened today at Rs 24,680.55, reaching a high of Rs 24,787.95 and dipping to a low of Rs 24,654.50 before closing at Rs 24,770.20. This reflects a gain of 71.35 points, or 0.29%, from the previous close.  Similarly, the Sensex opened at Rs 80,667.25, peaked at Rs 80,952.83, and saw a low of Rs 80,626.38. It closed at Rs 80,905.30, gaining 102.44 points, or 0.13%. Both indices exhibited bullish behavior, with the Nifty 50 nearing its resistance at Rs 25,078.75 and the Sensex approaching a similar resistance level at Rs 82,129.49, both levels acting as next…

The Indian stock market shows strong bullish momentum today, August 20th. The Nifty 50 index opened at Rs. 24,648.90 and has since been as high as Rs. 24,734.30 and low as Rs. 24,607.20. It closed at Rs. 24,712.00 yesterday and is currently up by 139.35 points or +0.57% so far. The current technical analysis puts it at Rs. 24,712.00. The chart shows an uptrend with a recent gap that had to be filled. The creation of higher highs and higher lows indicates that we are having a bullish pattern. Major support is placed around Rs 24, 074 where the price…

On todays trading session, the Indian stock market remains active with Nifty 50 at 24,579.40, up by 0.16% and Sensex slightly higher at 80,493.02 gaining 0.07% as of writing. Nifty Bank also sees a slight increase currently at 50,527.45 or up by 0.021%. Hindalco Industries Limited (HINDALCO) is leading the gains, with its share price currently at Rs 653.00 reflecting a 2.97% increase from the previous close of Rs 634.15. The stock has recently bounced back from a horizontal support level, indicating strong buying interest. The technical analysis shows a bullish outlook, with the next target set at Rs 715.…

Indian stock markets rallied on Friday, with the Nifty 50 and Sensex posting significant gains. The Nifty 50 climbed 397.40 points 1.65% to close at 24,541.15, while the Sensex surged 1,330.96 points,1.68% to end at 80,436.84. The Nifty Bank index also rose by 789.60 points (1.59%) to 50,516.90. For the week the Nifty 50 gained 173 points, 0.71%, and the Sensex added 730 points (0.92%). Trading range for the day was 24,204.50 – 24,563.90 for Nifty and 79,306.69 – 80,518.21 for Sensex. Nifty 50 Index: Tradingview Among the top performers for the week, Tech Mahindra Ltd. saw a significant increase,…

The Indian stock market ended the week on a positive note with the BSE Sensex surging by 1,331 points to close at 80,436.84, marking a 1.68% increase on Friday. The Nifty 50 also showed strength gaining 397.40 points to end at 24,541.15, just slightly below the 24,550 mark. Nifty Bank followed suit rising by 789.60 points to close at 50,516.90. Over the week the Nifty 50 gained 173 points reflecting a 0.71% increase, while the Sensex added 730 points, up by 0.92%. Among the top stocks of the week,  Wipro Limited witnessed a surge closing at Rs 516.10 up by…

The Indian stock market experienced a strong rally on August 16, with the BSE Sensex surging by 1,330.96 points closing at 80,436.84 and the Nifty 50 gaining 397.40 points closing just shy of 24,550 at 24,541.15. The Nifty Bank index also saw an impressive gain of 789.60 points finishing at 50,516.90. Despite a recent bearish turn after the Nifty 50 dropped below 24,074 and the Sensex dipped below 79,223, the markets rebounded indicating a potential shift in momentum. The partial filling of a gap above suggests cautious optimism as traders watch for signs of a continuing trend. Among the stocks…

India celebrates its Independence Day today, August 15, 2024. In honor of the holiday, the National Stock Exchange (NSE) will not be open for trading. Looking at the market performance of yesterday, the BSE Sensex went up by 149.85 points or 0.19% to close at Rs 79,105.88. The Nifty 50 settled slightly higher by inching up approximately 4.75 points or 0.020%, to stay at Rs 24,143.75 while on the other hand Nifty Bank observed a slight downside fall losing around 104.55 points or -0.21%, ending up at Rs 49,727.30. The Sensex had traded between high prices of Rs 78,895.72 and…

The indian stock market saw a mixed performance today as the BSE Sensex managed to close above 79,100 gaining 0.19% or 149.85 points to settle at Rs 79,105.88. Meanwhile the Nifty 50 index ended the day almost flat closing at Rs 24,143.75 with a marginal increase of 0.020% or 4.75 points. The Nifty Bank index dipped slightly closing at Rs 49,727.30 down by 0.21% or 104.55 points. Technically, after the Nifty 50 dropped and closed below its last higher low at Rs 24,074, the market trajectory turned bearish. A similar pattern was observed in the Sensex where the price dropped…

The stock market is experiencing a mixed session today with the Nifty 50 and BSE Sensex both trading bearish. The Nifty 50 is currently at Rs 24,160.45 down 186.55 points marking a 0.77% decline. The BSE Sensex also has seen a similar drop, trading at Rs 79,047.00 down by 601.92 points or 0.76%. The Nifty Bank index also faces a decline trading at Rs 49,929.90 down by 648.05 points, translating to a 1.28% drop. Despite the overall bearish sentiment in the market several stocks stood out as gainers today, leading the rally in their respective sectors. However, the technical indicators…

The stock market witnessed mixed performances across major indices with the Nifty 50 closing flat at 24,347.00 down by 0.084% and the Sensex slightly below the 79,700 mark ending at 79,648.92 down by 0.072%. Despite the overall bearish performance of the indices, four stocks among several more stood out as the top gainers of the day showing promising technical setups that could indicate potential upside in the coming sessions. Nifty 50 Index Chart: TradingView ONGC: Bullish Momentum Continues ONGC emerged as a strong performer today with its stock price closing at Rs 341.30 gaining 2.63% or 8 points. The bullish…