Stock market analysis

Stock Market Struggles as Sensex and Nifty Extend Losing Streak

In a challenging week for the Indian equity markets, benchmark indices opened lower on Friday, extending their downturn as foreign fund outflows and mounting tensions in the Middle East weighed on investor sentiment. The BSE Sensex fell by 354.67 points to 82,142.43, while the NSE Nifty declined by 114.1 points,...

Sensex And Nifty Rally As NDA Unveils Modi 3.0, Gaining 378 And 105 Points

The stock market commenced trading on Thursday with a surge of optimism, fueled by the unanimous announcement from the National Democratic Alliance (NDA) that Prime Minister Narendra Modi is set to begin his third term, with his oath-taking ceremony scheduled for Saturday. The positive news propelled the Sensex up by...

Nifty Experiences Gap Down, Fills the Gap, and Breaks Below 22,600 Mark, Signaling Potential Top Formation

The Nifty index recently underwent a significant shift in its trading pattern, marked by a gap-down opening, subsequent gap-filling, and a notable break below the crucial 22,600 level. This series of events indicates a potential completion of wave (g) at the top of the market cycle. Technical analysts and traders...