Market Bizzz

May 30, 2023

Taking Stock: Market gains for fourth day; Nifty above 18,600, Sensex up 123 points

Selling is seen in the auto, energy, pharma and metal names.

May 30, 2023

Ground 17,000 or Summit 21,000: What#39;s next for the Nifty?

The banking, financial services, and insurance (BFSI) sector, a key contributor to FY23 earnings growth at 195 percent, will likely slow down to 43 percent in FY24

May 29, 2023

Taking Stock: Market extends gain; Nifty at 18,600, Sensex up 345 points

The BSE midcap index rose 0.4 percent and the smallcap index added 0.3 percent.

May 29, 2023

Taking Stock: Market extends gain; Nifty at 18,600, Sensex up 345 points

The BSE midcap index rose 0.4 percent and the smallcap index added 0.3 percent.

May 29, 2023

2 NSE stocks that formed Hammer pattern to hint at a bullish reversal

May 29, 2023

Golden Crossovers: Kotak Bank among 6 stocks signal further bullishness

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

May 29, 2023

Big movers on D-Street: What should investors do with RIL, Medplus and Page Industries?

Positive macroeconomic data and normal monsoon forecasts boosted equity markets at the end of last week, with IT, realty and FMCG all seeing gains. RIL saw a 3% rise, but Page Industries saw a drop of 8.78%. Senior Technical Analyst, Swastika Investmart, Pravesh Gour, recommends buying RIL stocks as it has seen a breakout of inverse head and shoulder formation on the longer timeframe with strong volume, suggesting a potential bullish reversal. Med Plus is risky but currently trading above its moving averages, and Page Industries is a good buy for the long term.