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The Nifty 50 extended its downtrend, correcting 0.8 percent for the second consecutive session on April 23, amid ongoing tensions at the Strait of Hormuz and US-Iran negotiations that kept oil prices above $100 a…
The Nifty 50 fell eight-tenths of a percent after a gap-down opening for the second consecutive session, closing below its 50-day EMA on April 23. Rising oil prices amid US-Iran negotiations weighed on sentiment. Momentum…
The Indian stock market ended positively on April 21, with the Nifty 50 closing at 24,576.60, up 212 points or 0.87%. The index opened at 24,374.55, reached a high of 24,601.70, and touched a low…
The Nifty 50 closed flat with a positive bias after consolidating and facing profit booking at the 24,400–24,500 hurdle on April 20. Market participants remained cautious as the US-Iran ceasefire deadline is set to expire…
The Nifty 50 experienced consolidation and volatility, closing flat with a positive bias on April 20. Market participants remained cautious amid renewed disputes over the Strait of Hormuz. Investors are awaiting developments regarding a potential…
The market may extend gains for a second consecutive session following a decline in oil prices. Participants are awaiting potential US-Iran talks as the April 22 deadline for the ceasefire approaches. The technical setup favors…
The Nifty 50 gained 0.65 percent on April 17 amid hopes of a potential US-Iran deal but did not close above the crucial 24,400 level. This level corresponds to the upper range of a bearish…
Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities, stated that the Nifty 50 is likely to sustain its pullback rally in the near term. The immediate resistance is in the 24,650–24,700 zone.…
The benchmark Nifty 50 rose more than 150 points on April 17, closing at 24,354, marking a total weekly rally of 1.26 percent. This increase follows a nearly 10 percent rise from the April low…
Market experts anticipate consolidation in the upcoming sessions until clarity emerges regarding a potential US–Iran deal. Momentum indicators favor buyers, with indices above short-term moving averages. The Nifty 50 has downside support in the 24,100–23,900…
The Nifty 50 closed moderately lower on April 16 after a day of sharp rally, as participants awaited clarity on US–Iran negotiations. The index saw a gap-up opening at 24,385 but corrected to 24,103 before…
The Nifty 50 continued its recovery, closing 1.6 percent higher on April 15. This performance was driven by optimism around potential US–Iran negotiations and a decline in oil prices below US$100 per barrel. The index…
The Nifty 50 recovered sharply from the day’s low and closed with a loss of 0.86 percent on April 13, following the breakdown of peace talks on Sunday. The near-term technical setup remains healthy, as…
