The Nifty 50 has opened the week with a gap-up and is trading higher, with a positive outlook and potential rise to 24,400 in the coming sessions. Traders can go long now at 24,135, with a stop-loss at 24,040 and a potential exit at 24,285.
Nifty 50 has opened the week with a gap-up, trading higher at 24,120 with a positive outlook. Key intraday support levels are in the 24,060-24,050 region, with a potential rise to 24,200 in the coming sessions. Traders can go long now at 24,135, accumulating on dips at 24,105 and keeping a stop-loss at 24,040.
Discover the Nippon India Multi Cap Fund, a strong performer in the multi-cap fund category with a 17.4% compounded annualised return since inception. Learn about its investment approach and suitability for long-term investors.
Accenture’s guidance and commentary have triggered a significant sell-off in the IT sector, with the Nifty IT index plummeting 6.4% in a single day. The company’s stock price fell 20%, its worst performance in trading history. Investors are advised to wait for Q1 commentary before deploying funds in the IT sector.
Discover the 10 best undervalued stocks to buy under $5 for cyclical growth. Learn how a US Iran ceasefire could lead to cheaper oil prices and benefit small-cap companies. Get expert insights from major banks and hedge funds.
The National Stock Exchange’s (NSE) IPO is set to unlock massive gains for a wide spectrum of shareholders, with a valuation of around Rs 5 trillion. The IPO is pegged to be over Rs 30,000 crore, making it the largest IPO ever in India.
The exclusion of Vedanta Power and Vedanta Iron & Steel from the Nifty Next 50 index is expected to lead to a decrease in demand for their shares, causing a potential stock price fall. Understand the market impact and implications for investors.
Monarch Networth Capital is bullish on Indian equities, predicting the Nifty 50 to hit 27,000-28,000 by CY2026. The brokerage firm cites a recovery in corporate earnings and a favourable monetary policy environment as key drivers of growth. Explore the top stock picks and learn more about the opportunities in the Indian equities market.
The IPO market in India is experiencing a revival, with nearly 50 companies expected to launch IPOs in the next three months, potentially raising ₹60,000 crore. Market participants remain optimistic about the trend, driven by easing geopolitical tensions and rising equity markets.
Vedanta Power’s shares have plummeted 3% below listing price, sparking concerns among investors. The company aims to become one of India’s top three private thermal power players by FY33, but faces uncertainty in the market. Will Vedanta Power’s diversification strategy and growth plans be enough to secure its future?
