37,200 is an Important support for today in Bank nifty

Nifty heading up or down?

“We are within touching distance of the 17600 mark that has been on discussion for that last fortnight. While the morning star pattern formed by hourly candles towards yesterday’s close, gives hopes of a bounce-back aiming 17950 and beyond, the inability to float above 17680 could cause some turbulence and thwart the potential for an outright rise.

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Nifty finds crucial support at 17650, traders advised to focus on quality names

On Tuesday, US markets extended their losses but yesterday morning (Thursday) we saw some recovery in Dow futures and Asian bourses also looked cheerful. Despite this, our markets started correcting after a flat start. Barring a small recovery in the first hour, we witnessed continuous selling pressure thereafter. In fact, post the mid-session the selling augmented to slide below 17700 as well. Fortunately, due to some modest tail end recovery, Nifty managed to minimize the damage to a per cent.

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Opening Bell: Sensex, Nifty Open Lower; PTC India Financial Tumbles 16%

Sensex, Nifty Open Lower: India’s stock benchmarks opened lower, dragged by losses in information technology stocks, amid a retreat in equities across the world.

The S&P BSE Sensex shed 0.21% to 59,970.44. The NSE Nifty 50 also declined by similar magnitude to 17,905.65. Infosys Ltd. had the largest drop, falling 1.5%. In early trading, 25 of 50 shares fell, while 25 rose

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Nifty may head to 17850 if it remains below 18000; watch Tata Motors, SBI, others for stock-specific action

Nifty 50 index opened flattish on Wednesday and cascaded down to 17884 levels. It slipped throughout the day with slight recovery in the last hour and finally, closed with losses of around 170 points. It formed a Bearish candle on the daily scale and negated its higher highs formation of the last eight sessions. Pre-open …

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