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NEW DELHI: Nifty had a gap up opening on Tuesday, but it failed to sustain the gains and saw a sharp selloff, ending in the red. The headline index formed a long bearish candle on the daily chart.
Manish Hathiramani, technical analyst at Deen Dayal Investments said, On the upside, there is a stiff resistance at 14,700 level and until we do not get past that, we will not enter a bullish trend. It is a tight range and traders need to be cautious in their approach.
Ajit Mishra, VP - Research at Religare Broking said, We believe volatility is likely to remain high for the markets in absence of any major positive trigger. Going forward, the updates on Covid-19 cases, vaccination and earnings announcements, especially from Nifty majors, would be key monitorables. We reiterate our cautious stance and suggest preferring hedged positions.
Not Covid but positive global cues dominate markets as Sensex opened with 350 points up
April 28, 2021 11:12 IST
The key Indian equity indices traded on a positive noted on Wednesday morning with the BSE Sensex gaining over 350 points. Healthy buying was seen in auto and banking stocks.
Around 10.25 a.m., Sensex was trading at 49,300.42, higher by 356.28 points or 0.73 per cent from its previous close of 48,944.14. It opened at 49,066.64 and has so far touched an intra-day high of 49,354.82 points.
The Nifty50 on the National Stock Exchange was trading at 14,742.70, higher by 89.65 points or 0.61 per cent from its previous close.
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai.Reuters
Sensex up 350 points, auto stocks surge
By IANS |
3 Views
BSE Sensex above 50,000 on occasion celebration. Image Source: IANS News
Mumbai, April 28 : The key Indian equity indices traded on a positive noted on Wednesday morning with the BSE Sensex gaining over 350 points.
Healthy buying was seen in auto and banking stocks.
Around 10.25 a.m., Sensex was trading at 49,300.42, higher by 356.28 points or 0.73 per cent from its previous close of 48,944.14.
It opened at 49,066.64 and has so far touched an intra-day high of 49,354.82 points.
The Nifty50 on the National Stock Exchange was trading at 14,742.70, higher by 89.65 points or 0.61 per cent from its previous close.
Sensex up 300 points, metal stocks rise
By IANS |
7 Views
Stock Market. (IANS Infographics). Image Source: IANS News
Mumbai, April 27 : The key Indian equity indices traded on a positive note on Tuesday morning with the BSE Sensex rising over 300 points.
Healthy buying was witnessed in metal and telecom stocks.
Around 10.05 a.m., Sensex was trading at 48,703.10, higher by 316.59 points or 0.65 per cent from its previous close of 48,386.51.
It opened at 48,424.08 and has so far touched an intra-day high of 48,710.89 and a low of 48,399.53 points.
The Nifty50 on the National Stock Exchange was trading at 14,580.00, higher by 238.65 points or 0.66 per cent from its previous close.
Sensex opens on positive note, up 300 points
Healthy buying was witnessed in metal and telecom stocks
Karnataka promises free vaccine to all above 18 at government centres
The key Indian equity indices opened on a positive note Tuesday morning with the BSE Sensex rising over 300 points. Healthy buying was witnessed in metal and telecom stocks.
Around 10.05 a.m., Sensex was trading at 48,703.10, higher by 316.59 points or 0.65 per cent from its previous close of 48,386.51. It opened at 48,424.08 and has so far touched an intra-day high of 48,710.89 and a low of 48,399.53 points.
The Nifty50 on the National Stock Exchange was trading at 14,580.00, higher by 238.65 points or 0.66 per cent from its previous close.