Tag: Nifty

The Nifty50 rebounded on September 13 after a day of correction, closing above the psychological 20,000-mark for the first time. The index formed a bullish candlestick pattern on the daily charts, with the immediate support placed at 19,950 levels. The Bank Nifty also bounced back after seeing correction in previous session, and closed at 45,909, rising 398 points.

the market is expected to remain volatile in the coming sessions, but the long-term outlook is positive. Investors should focus on stocks with good fundamentals and technicals, and they should avoid overtrading.

The Nifty50 saw a minor reversal on Tuesday, closing with a loss of 3 points. Experts said that a decline below 19,850 levels could confirm a short-term top reversal pattern. Bank Nifty also saw profit-taking, closing with a loss of 59 points.

the Nifty 50 crossed the 20,000 mark on September 11 despite FII selling due to a combination of factors, including inflows from domestic institutional investors, increased activity in Nifty contracts on the first lone weekly expiry, and optimism on India’s growth prospects.

The Indian stock market opened in the green on September 12, but the broader markets witnessed an increased rush to book profits as the day progressed. The Sensex and Nifty ended flat, amid heightened volatility. Analysts believe that the bulls are firmly in control and the market is likely to remain volatile in the near term, but the overall trend is positive. Investors should focus on buying quality stocks on dips.

Nifty 50 touched a new all-time high of 20,000, led by strong buying from foreign investors, domestic institutional investors, and retail investors. Analysts believe that the market is overbought and there could be a pullback in the near term, but they are bullish on the long-term trend and expect the index to reach 21,500 in the coming months.

Indian equity markets hit a record high on September 11, 2023, driven by strong buying across all sectors. Analysts expect the market to continue to rise in the near term, citing strong economic growth and positive earnings outlook as key drivers.

The Indian stock market hit a new record high on September 11, 2023, with the Nifty 50 index crossing the 20,000-mark for the first time. The gains came despite a mixed global trend, with most major markets closing lower. The rally was supported by strong domestic macroeconomic data, a breather in August, and resilient buying from domestic institutional investors.

The Indian stock market is expected to continue its upward momentum in the coming weeks, with the Nifty50 index likely to touch the 20,000 mark. Here are the top 10 trading ideas for the next 3-4 weeks, based on technical analysis.

The Nifty50 index hit a new closing high of 19,996.30 on September 11, 2023, after crossing the psychological 20,000 mark in intraday trade. The index was supported by all sectors, with financials and metals leading the gains. The market is expected to remain positive in the near term, but investors should remain cautious of the risks, such as rising inflation and interest rates, and the ongoing war in Ukraine.