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Stock Market Live Updates: Sensex, Nifty open in red; Bajaj stocks gain

Stock Market Live Updates: Sensex, Nifty open in red; Bajaj stocks gain
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Share Market Highlights 07 November 2023: Sensex, Nifty end marginally in red; Hero MotoCorp, Bajaj Finance among top losers

Share Market Highlights 07 November 2023: Sensex, Nifty end marginally in red; Hero MotoCorp, Bajaj Finance among top losers
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Will Nifty follow seasonality trend ahead of Diwali? Anand James does the chart reading

"While Nifty has just about managed to get back near the nearest reaction high, it is still below the 14-day SMA. In contrast, both mid and small caps have raced higher with the former now exactly at the 62% retracement from the peak, while the latter has pierced even that is closing in on the record peak, which is just about 1.5% away."

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stock market: 40% of Nifty IT stocks oversold, Tech Mahindra & LTTS looks ready for bounce back: Anand James

"The sharp rise in PSU bank index comes after a prolonged sell off that had begun even before Nifty cracked. The index does have more room for upsides, with Indian bank, Bankboaroda, Unionbank, SBIN and Bankindia looking ripe for a bounce back. Also, 40% stock in Nifty IT has moved into the oversold region and among them Tech Mahindra and LTTS looks to be gearing up for a bounce back."

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Stock Market Live Updates: Nifty above 19000, Sensex gains 550 pts, NTPC, Coal India, SBI, HUL in action

Stock Market Live Updates: Nifty above 19000, Sensex gains 550 pts, NTPC, Coal India, SBI, HUL in action
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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