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Market generally does not move in one secular direction. There would be bouts of strong up moves and sometimes sharp down moves along with consolidations.
UltraTech Cement, Apollo Hospitals, NTPC, Infosys and Tata Motors were among the top Nifty gainers, while losers included Tata Steel, Adani Ports, Hindalco Industries, HDFC Life and Bharti Airtel
If the Nifty slips below the crucial support of 19,300, it will witness further selling pressure towards lower levels
A sharp sell-off across global markets on the back of Fitch#39;s warnings to downgrade as many as 10 US banks weighed on the sentiment for domestic equities.
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
It is a one-day candlestick pattern wherein there is a small green real body with a lower shadow extending from the body and is formed at the bottom of a downtrend. The pattern signifies a bullish reversal as it shows that the bulls are trying to push prices higher.
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
The company earlier in the day reported a wider first-quarter loss because if weak 4G subscriber growth and higher expenses.
A slew of lenders, including State Bank of India, Indian Bank , IDFC First Bank and Union Bank, have deemed PC Jeweller’s borrowing accounts as non-performing and have moved to court seeking loan recalls.