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News
Trade setup: Outlook may turn bearish if Nifty gives up 11,560
Friday’s session is expected to see 11,700 and 11,735 levels act as resistance points.
Tech View: Nifty50 forms Bearish Belt Hold, looks set for deeper fall
Nifty was looking jittery at higher levels due to a negative advance-decline ratio.
Sensex slumps 318 pts, Nifty slips below 11,600; bank stocks weigh
Snapping its three-day rising streak, equity benchmark BSE Sensex slumped 318 points Thursday, dragged by a sell-off in index heavyweights RIL, TCS, ICICI Bank and SBI. The 30-share index settled 318.18 points or 0.81 per cent lower at 38,897.46. It hit an intra-day low of 38,861.25 and a high of 39,204.47. Similarly, the broader NSE Nifty broke below the 11,600 mark, ending 90.60 points or 0.78 per cent down at 11,596.90. During the day, the index hit a low of 11,582.40 and a high of 11,677.15. Yes Bank was the biggest loser in the Sensex pack in absolute terms, cracking 12.85 per cent, after the company reported a massive 92.44 per cent slump in consolidated net profit to Rs 95.56 crore.Sensex slumps 318 pts, Nifty slips below 11,600; bank stocks weigh
Sensex, Nifty snap 3-day winning run on earnings disappointment; 4 factors
Reliance Industries contributed more than 60 points fall in the Sensex on Thursday.
Share market update: Nifty Financial Services index up; HDFC gains nearly 2%
The Nifty Financial Services index was trading 0.36 per cent up at 13,533.35 around 12:27 pm.
Share market update: Nifty Pharma index down; Piramal Enterprises dips 2%
The Nifty Pharma index was trading 0.59 per cent down at 8282 around 10:13 am.
Sensex falls 80 points, Nifty tests 11,650 on poor Q1 show
Foreign portfolio investors were sellers of domestic stocks to the tune of Rs 17 crore.
Sensex, Nifty off to a weak start; YES Bank tanks 15% post Q1 results
Sensex drops 80 pts, Nifty tests 11,650; YES Bank plunges 15%Sensex, Nifty off to a weak start; YES Bank tanks 15% post Q1 results
Nifty dollar return slips 2.61% post Budget
Over the past couple of weeks, 13 out of 15 FII-heavy large stocks have corrected.
Tech View: Nifty forms Spinning Top; investors appear indecisive
Nifty index tested its 40-day exponential moving average, which acted as a cap for the day.
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