Nifty is a market index that was introduced by the National Stock Exchange in April 1996. It’s a blend of two words-National Stock Exchange (NSE) and Fifty. It is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.It is one of the two main stock indices used in India, the other being the BSE SENSEX. The base value of the index has been set at 1000 and the base capital of Rs 2.06 trillion. It was initially calculated on a full market capitalization methodology but in 2009 the computation was changed to a free float methodology. The base period for the NIFTY 50 index is November 3 1995, which marked the completion of one year of operations of the National Stock Exchange Equity Market Segment. Nifty 50 index has shaped up to be the largest consisting of exchange-traded funds (onshore and offshore) and exchange-traded options at NSE. It is the world’s most actively traded contract. As of April 2021, the index covers 13 sectors of the Indian Economy and offers investment managers exposure to the Indian market in one portfolio. It also has sectoral indices like NIFTY Bank, NIFTY IT, NIFTY Auto, NIFTY Pharma etc. More
May 27, 2022 05:12 PM ISTA close above 16,400 can expand the upswing toward the 200-day exponential moving average whose value is placed around 16,750, Mazhar Mohammad of Chartviewindia.in says
May 27, 2022 05:08 PM IST Benchmark indices ended higher for the second consecutive day on May 27. At close, the Sensex was up 632.13 points or 1.17% at 54,884.66, and the Nifty was up 182.30 points or 1.13% at 16,352.50. Here’s the round-up of all the day’s action with Yatin Mota.
May 27, 2022 04:35 PM IST BSE Midcap and Smallcap indices rose over 1 percent each.
May 27, 2022 01:47 PM IST The upside is from the fair value of the stock, measured by the average of price targets for the counter
May 27, 2022 07:53 AM IST The dollar is likely to strengthen more this year on safe-haven demand, particularly if Europe falls into recession. This is a major headwind for emerging markets.
May 27, 2022 06:31 AM IST On daily charts, M&M Financial has formed long bullish candle which is broadly positive for the M&M Finance. Unless it is trading below Rs 165 or 200 days SMA, positional traders retain an optimistic stance and look for a target Rs 185-195.
May 27, 2022 06:26 AM IST TVS Motor has given a breakout of an Inverted Head & Shoulder pattern on the weekly charts. The stock has sustained at 5 months high, indicating positive undertone of the stock. On the daily charts, the stock is maintaining higher top higher bottom formation.
May 26, 2022 10:30 PM IST Based on the open interest future percentage, here are the 155 stocks including Nifty Financial, Zydus Life, GNFC, PFC, and Tata Communications, in which short-covering was seen.
May 26, 2022 08:53 PM IST Aditya Birla Fashion and Retail posted a decent March 2022 quarter performance. The company will scale up its core brand business and is targeting multi-fold growth in new businesses of innerwear and ethnic. Watch the video to know why Moneycontrol Pro has a positive stance on the stock.
May 26, 2022 05:30 PM IST After seeing a downtrend for three straight days, the Indian equity benchmarks ended higher on May 26 as buying in metal, IT, power, realty and banking stocks supported the market. Here’s a round-up of all the day’s action with Yatin Mota.
May 26, 2022 04:49 PM IST The Nifty has to hold above 16,061 for an up move towards 16,400 and 16,500 zones, while supports are placed at 16,061 and 16,000, experts said
May 26, 2022 04:36 PM IST At close, the Sensex was up 503.27 points, or 0.94%, to 54,252.53 and the Nifty was up 144.40 points, or 0.90%, to 16,170.20 The BSE midcap index rose 1.4% and smallcap index added 0.78%.
May 26, 2022 02:56 PM IST India's price monitoring committee will meet and hold discussions on major food products after the government banned wheat exports. As per sources, non-basmati rice exports might also be restricted. Will this lead to a rise in the prices of rice? Manisha Gupta brings you the details
May 26, 2022 08:32 AM IST Given the forecast of a normal monsoon, we believe that food inflation will come down and should help bring the CPI back into the RBI tolerance level.
May 26, 2022 07:31 AM IST Among sectors, metal, IT, power, realty, bank and oil & gas up 1-3 percent.
May 26, 2022 06:37 AM IST On indicator front, daily RSI, Container Corporation has formed double bottom near 30 levels along with implusive behaviour which means counter is ready for upside momentum. One should buy this counter in small tranche at current market price and another near Rs 600 with upside potential of Rs 700. Support can be expected near Rs 570.
May 26, 2022 06:33 AM IST After completing bullish ABCD Harmonic pattern near Rs 1,700 levels, Balkrishna Industries has continuously shown the strength and has taken an anchor support near its 100 – week exponential moving average on the weekly time frame.
May 25, 2022 10:02 PM IST Based on the open interest future percentage, long unwinding was seen in 103 stocks including Coromandel International, United Breweries, Atul, Ashok Leyland, and PVR
May 25, 2022 04:58 PM IST Indian equity benchmark ended lower for the third consecutive day today, pulled down by a selloff in information technology, metal and realty names. At close, the Sensex was down 303.35 points, or 0.56 percent, at 53,749.26, and the Nifty was down 99.40 points, or 0.62 percent, at 16,025.80. Here's a wrap of today's market action with Yatin Mota.
May 25, 2022 04:33 PM IST Volatility will rise on the monthly expiry day. Riding against the trend may not be beneficial for short-term traders, say experts.
May 25, 2022 02:29 PM IST Global sugar prices have gained over 20 percent while sugar prices in India surged nearly 6 percent in the past year. India has now put sugar exports in the restrictive category from June 1 and restricted sugar exports at 100 lakh tonnes. Is the Indian government doing enough to fight food inflation? Let's find out with Manisha Gupta and Karunya Rao.
May 25, 2022 09:38 AM IST When the circumstances are more conducive, there is a high probability the Reserve Bank will quickly move to an accommodative policy for higher economic growth, says the Fund Manager at Emkay Investment Managers
May 25, 2022 07:32 AM IST Except bank, all other sectoral indices ended in the red with oil & gas, metal, pharma, realty, capital goods and IT index down 1-3 percent.
May 25, 2022 07:22 AM IST Traders should continue to ride the trend with a trailing stop-loss method and also look to add positions on any corrective declines in Coromandel International.
May 25, 2022 07:12 AM IST Phoenix Mills is outperforming the Nifty Realty index where it is on the verge of a breakout of a critical hurdle of Rs 1,150 that may lead to further strength towards Rs 1,250-1,300 zone.
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