The fundamental earnings growth was never supporting where the valuations were in the first place, Arora said.
Dhamesh Shah provides insights into the current state of the Nifty Bank, highlighting that it is currently at a day's low. Shah then goes on to decode the market fundamentals and offers valuable ...
The Nifty Bank index closed on a note on Monday. Shares of IDFC First Bank Ltd.(up 1.42 per cent), Axis Bank Ltd.(up 0.87 per cent), ICICI Bank Ltd.(up 0.84 per cent), Bank of Baroda(up 0.69 per cent) ...
As expected, #Nifty fell last week. There is a danger of a head and shoulder pattern formation on the daily chart. The weekly chart paints a different picture. It shows that the pace of the fall ...
For the Bank Nifty, the next support is expected to be around the 50,200-50,000 area; below this, the 200-day EMA (49,668) is a possibility, while resistance lies at 51,100. On Friday, the Nifty ...
The Nifty 50 and Bank Nifty rebounded sharply after a weak opening and closed higher on October 18. The Nifty 50 defended the falling support trendline as well as the previous day's low on a ...
Sumeet Bagadia, Executive Director at Choice Broking said traders can adopt 'Sell on rise' strategy for Nifty Bank this week, as the index is sending strong bearish signals on the weekly chart.
Last week we said that Nifty can bounce back from its support around 24,400. But that view has gone wrong. The fall last week confirms a head and shoulder pattern on the chart. That leaves the ...
Learn more about his take on key support and resistance levels for the Nifty and the Nifty Bank, and how he views the market. Here is what Zee Business Managing Editor Anil Singhvi makes of the market ...
Learn more about his take on key support and resistance levels for the Nifty and the Nifty Bank, and how he views the market. Here is what Zee Business Managing Editor Anil Singhvi makes of the market ...
Today's bounceback brought an end to six consecutive days of decline in the frontline indices, with PSU banking stocks taking the lead in this recovery. The Nifty PSU bank index zoomed 3.4% to ...
The investment objective of the Scheme is to replicate the Nifty Bank Index by investing in securities of the Nifty Bank Index in the same proportion / weightage with an aim to provide returns ...