Nifty Bank shows bearish trends today, with predictions of a decline to 53,000 amid selling pressure in the banking sector.
Nifty Bank index began today’s session with a gap-down at 54,592 versus yesterday’s close of 55,101. It fell further after opening and is now hovering around 54,070, down 1.9 per cent so far today.
The Bank Nifty needs to defend 53,500 for a move toward 54,700 (50% Fibonacci level), but a decisive fall below it could open ...
Escalating Middle East tensions and soaring crude oil prices are significantly impacting India's banking sector, pushing the ...
Bearish momentum indicators, along with the continuation of the lower high–lower low structure and the VIX sustaining above 21, signal further weakness. Experts expect the benchmark Nifty 50 to breach ...
Nifty futures on the NSE International Exchange were 181.50 points, or 0.73 per cent, down at 24,650.50, hinting at a negative start for the domestic market on Friday.
The Thursday trade for the July series expiry is expected to be volatile for the market. The Nifty Futures Open Interest is sitting on nearly Rs 50,750 crore of open interest going into Thursday ...
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