Nifty Analysis

NEW DELHI: The Nifty50 on Tuesday snapped a four-day losing streak and formed a bullish engulfing candle on the daily chart, suggesting a reversal. Analysts said the index could move towards…

NEW DELHI: The Nifty50 on Monday fell for the fourth day and, in the process, lost the psychological mark of 16,000 level on a closing basis. The index is near the oversold territory, as…

NEW DELHI: The Nifty50 on Monday closed near day's high and formed a large bullish candle on the daily chart. The index opened lower but rebounded 437 points to close near the 16,800 level.…

NEW DELHI: The Nifty50 on Wednesday formed a bearish candle on the daily chart but negated a lower high-low it was forming for the last four trading sessions. The index is likely to see a…

NEW DELHI: The Nifty50 on Tuesday ended lower for the fifth day in a row but saw some recovery intraday from the 200-day simple moving average (SMA). The index formed a bullish candle on the…

After the first two days of the week that were immensely volatile and with large trading ranges, it was for the third day in a row that the domestic equity market traded on a listless note…

NEW DELHI: Nifty50 on Friday fell for the third day and formed a bullish candle on the daily scale, with a long upper wick, suggesting selling pressure at higher levels. This was the third…

Mumbai: Life Insurance Corp of India (LIC) has a fair chance of getting included in the MSCI index provided the market cap of the company is at least Rs 10.7 lakh crore. Inclusion in the…

Following three days of a technical pullback and after halting near the key resistance points, the Indian equity markets took a rude jolt on Friday as they corrected and ended the day on a…

While continuing to trade on the expected lines, the Indian equity market continued to correct modestly and end the day on a negative note. Headline index Nifty opened on a positive note,…