8:14 AM
Market Today: Global cues, Saraswati Saree listing in focus; GIFT Nifty up
Nifty is currently placed at the hurdle of the upper area of the previous down gap of August 5 at 24685 levels. The short-term trend of Nifty continues to be positive. Having placed at the key overhead resistance around 24700, there is a possibility of some more consolidation or minor dip in the next one or two sessions, before showing another round of upside breakout. READ MORE
7:52 AM
Stocks to watch, Aug 20: Zomato, IndusInd Bank, Saraswati Saree Depot
Indian bourses are expected to see a positive opening on Tuesday, tracking bullish sentiment from global markets. The GIFT futures also suggested a higher start, as they quoted 64 points higher than Nifty50 futures 24,659 levels. Here are the top stocks to watch on Tuesday: READ MORE
7:44 AM
Nifty Financial Services to maintain its bull run; should you buy on dips?
The Nifty Financial Services Index is showing a positive outlook, supported by favourable technical indicators like RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence). These indicators suggest that the index is likely to maintain its bullish momentum in the near term. The best trading strategy for this index would be to buy on dips, particularly when the index approaches support levels. READ MORE