Tag: CNBC TV18

Trade setup for Monday, January 24: The Nifty50 appears to be in a weak short-term trend with chances of high volatility, say experts. …Read the full story

Stock Market Highlights: Indian equity benchmarks ended a volatile session sharply lower on Friday, extending losses to the fourth day in a row. Nestle, Hindalco, TCS and Britannia were also among the gainers. The 30-scrip index ended 427.4 points or 0.7 percent at 59,037.2 and the broader Nifty50 benchmark settled at 17,617.2, down 139.9 points or 0.8 percent […]

Weakness in IT, financial and oil & gas shares was the main contributor to the fall in headline indices, though strength in metal shares lent some support. Sahaj Agrawal, Head of Research-Derivatives at Kotak Securities, said the Nifty has broken the momentum support level of 17,900 to test 17,700. Britannia, Asian Paints, Coal India, Eicher and UltraTech were also […]

Led by technology stocks, major Wall Street indices – S&P 500, Nasdaq, and Dow Jones – all set new lows for the year. …Read the full story

Losses in IT, consumer and private sector financial stocks pulled the headline indices lower, though gains in auto, metal and PSU banking names lent some support. “We have been seeing good demand in the real estate space, particularly in residential housing, and it is happening across the country, in all the metros. In auto ancillaries, […]

Stock Market LIVE Updates: Indian equity benchmarks Sensex and Nifty50 started Tuesday’s session on a positive note amid gains across most other Asian markets. This could play into the hands of the BTC prices and we could see a possible upside in the token,” it said. Paytm parent One97 Communications’ shares succumbed to selling pressure […]

The benchmark 30-share BSE Sensex down 7 points to start at 61,215.80, while the broader NSE Nifty50 dipped 20 points to start trade at 18,235.70. “Because of the entire EV disruption and because the demand environment has not been good, some of the two-wheelers had gone through a lot of correction and now we are […]

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Trade setup for Monday, January 17: The short-term positive trend of the Nifty50 remains intact as long as keeps above 18,100, say experts. …Read the full story

Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 ended a choppy session on a flat note on Friday, halting a five-day winning streak. Adani Ports, Larsen & Toubro, Bharat Petroleum, HDFC Bank and Tech Mahindra were also among the top gainers. “It has enough legs to see some sort of a price upmove if […]

IT stocks were in focus, with TCS and Infosys finishing the day in the green, but Wipro deep in the red, a day after the three reported their Q3 numbers. Manish Hathiramani, Proprietary Index Trader and Technical Analyst at Deen Dayal Investments, believes the next target for the Nifty is 18,500 with strong support at 17,800. […]

Fears of an earlier-than-expected rate hike by the Fed to tackle inflation and increasing cases of the Omicron variant of COVID-19 kept investors on the back foot globally. Rahul Sharma of Equity99 believes the market is expected to give good returns in coming days given the positive expectations of Q3 results and positive global cues. Sharma expects […]

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Broader markets also strengthened, with teh Nifty Midcap 100 index up 0.6 percent in early deals, and the Nifty Smallcap 100 gauge up 0.8 percent. Gautam Duggad of Motilal Oswal Financial Services told CNBC-TV18 he believes companies will post good numbers for Q3. He feels that things are not looking good for the consumer durable goods space. S […]

Trade setup for Monday, January 10: The Nifty50 is comfortably trading above its 50-day simple moving average in a broadly positive sign, say experts. …Read the full story

Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 switched between gains and losses in a volatile session on Friday before finishing the day higher. Rahul Sharma of Equity99 expects 17,700 to act as crucial support for the Nifty, below which, the index might slide to 17,650-17,600 levels. Dipan Mehta, Director at Elixir Equities, believes HDFC Life […]

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Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 extended gains to the fourth session in a row on Wednesday, though volatility persisted amid concerns about increasing cases of the Omicron variant of COVID-19. So on the consumption names, we’ve seen the impact of higher input costs, the raw material impact being finally priced in, […]

Indian equity benchmarks Sensex and Nifty50 extended gains to the third day in a row on Tuesday. There is a chance that Nifty might see a couple of days of correction and a decline towards 17,600-17,650 levels,” he said. Notwithstanding the short-term decline, we do expect the Nifty to move towards 18,200-18,250 over the next […]