Stock Market Updates

With the Nifty moving up further, further upsides are likely once the immediate resistance of 18,325 is taken out. Weakness could emerge if the support of 18,251 is broken. Catch the mid-market details with Subash Gangadharan.

U.S. stocks ended higher on Tuesday as Wall Street continued to expect the Fed to downshift their tightening pace next month. Nifty snapped a three-day losing streak and ended in the positive on Nov 22nd aided by encouraging global cues. Listen to the D-Street Details with Devarsh Vakil.

With the Nifty bouncing back, further upsides are likely once the immediate resistance of 18,226 is taken out. Weakness could emerge if the support of 18,137 is broken. Catch the mid-market details with Subash Gangadharan.

U.S. stocks finished lower on Monday for the third time in the past four trading sessions, as a fresh round of COVID-19 shutdowns in China rattled investors. Nifty could now take support of 18,103 and bounce up a bit. Listen to the D-Street Details with Devarsh Vakil.

With the Nifty breaking its recent supports, the short term trend is now down. Further downsides are likely once the immediate support of 18,145 is broken. Catch mid-market details with Subash Gangadharan.

A weekly wrap-up of currency markets.  Check out the podcast on currency by Dilip Parmar. Read Full Report - http://bit.ly/3TNrxDK

US stocks ended with a slight gain on Friday after shrugging off Federal Reserve warnings. Cues from the US Fed members hinting at continued rate hikes on Thursday pricked sentiments globally. Nifty could now find support at the 18,044-18,103 band while 18,409 could act as a resistance in the near term. Listen to the D-Street Details with Devarsh Vakil.

Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.

With the Nifty breaking its recent supports, the short-term trend is now down. Further downsides are likely once the immediate support of 18,220 is broken. Catch the mid-market details with Subash Gangadharan.

U.S. stocks ended lower on Thursday to log their first back-to-back losses in two weeks. The pound dropped after Chancellor Jeremy Hunt outlined a £55 billion ($65 billion) package of tax rises and spending cuts even as the economy slid into recession. Listen to the D-Street Details with Devarsh Vakil.

While the Nifty has corrected from the highs, the near-term trend remains up. Further upsides are likely once the immediate resistance of 18,418 is taken out. Weakness could emerge if the support of 18,350 is broken. Catch the mid-market details with Subash Gangadharan.

U.S. stocks finished lower on Wednesday following a big profit miss at a big-box retailer Target. Nifty is witnessing narrow range trade over the last four sessions with the close over these days being in an 80-point band. Nifty could trade in the 18,458-18,179 band for the near term. Indian markets could open mildly lower, in line with largely negative Asian markets today and lower US markets on...

While the Nifty has corrected from the highs, the near-term trend remains up. Further upsides are likely once the immediate resistance of 18,442 is taken out. Weakness could emerge if the support of 18,354 is broken. Catch the mid-market details with Subash Gangadharan.

U.S. stocks closed higher on Tuesday, but off the session’s best levels. The Dow turned negative earlier in the session after the Associated Press reported that Russian missiles crossed into Poland and killed two people, ratcheting up geopolitical tension given Poland is a NATO country. Nifty recovered well on Nov 15th from the morning weakness. Nifty could now face resistance in the 18,458-18,543...

While the Nifty has corrected from the highs, the near-term trend remains up. Further upsides are likely once the immediate resistance of 18,378 is taken out. Weakness could emerge if the support of 18,282 is broken. Catch the mid-market details with Subash Gangadharan.

U.S. stocks finished near session lows after giving up all of their earlier gains on Monday. Today is last day for Q2FY23 results and markets could then focus on overall sentiments vs stock specific action. Nifty could take support from 18,202-18,259 band while 18,399 could offer resistance in the near term. Indian markets could open mildly higher, in line with largely positive Asian markets today...

While the Nifty has corrected from the highs, the near-term trend remains up. Further upsides are likely once the immediate resistance of 18,399 is taken out. Weakness could emerge if the support of 18,318 is broken. Catch the mid-market details with Subash Gangadharan.

U.S. stocks ended higher on Friday, with the technology-heavy Nasdaq Composite scoring its biggest weekly gain since March. For the week, the Dow rose 4.1%, the S&P 500 gained 5.9% and the Nasdaq jumped 8.1%. The MSCI emerging markets index jumped 5.19%, in its biggest single-day surge since March. Nifty rose sharply on Nov 11, hitting fresh 52-week highs post the soft CPI data coming out of t...

Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.

With the Nifty breaking out to new highs, the near-term trend remains up. Further upsides are likely once the immediate resistance of 18,349 is taken out. Weakness could emerge if the support of 18,282 is broken. Catch the mid-market details with Subash Gangadharan.

U.S. stocks finished sharply higher on Thursday, logging their biggest single-session rally in more than two years on data suggesting inflation may be peaking. India’s IIP is seen rising to 2.3 percent in September. The data is due this evening. Triggered by the gains in the US markets overnight, Nifty may rise to 18,342-18,410 band. Listen to the D-Street Details with Devarsh Vakil.

With the Nifty breaking its near term supports, the near-term trend is down. Further downsides are likely once the immediate support of 17,973 is broken. Catch the mid-market details with Subash Gangadharan.

US stocks finished sharply lower, near session lows on Wednesday. Investors also have been monitoring a fresh crypto wobble. FPI buying seems to have thinned out at higher levels. On rises, Nifty could face resistance at 18,296-18,350 band while 17,910 could offer support on downmoves. Indian markets could open lower, in line with negative Asian markets today and lower US markets on Wednesday. Lis...

While the Nifty has corrected from the highs, the short-term trend remains up. Further upsides are likely once the immediate resistance of 18,203 is taken out. Further weakness could emerge if the support of 18,167 is broken.

US equity markets rose and the dollar slid on Monday as investors embraced the idea that China may ease COVID restrictions. Over the past three trading days, the Dollar Index is down 2.5%, and is now at its lowest level since Sept. 20th. This helps push up prices of metals and precious metals. Indian markets could open higher, in line with gains made by the Asian and US markets over two days. Nift...