Nifty Trading Spot Band Between 17230-17650
Nifty Trading Spot: After 950 points rally injust five sessions, the index underwent minorprofit booking. We believe, temporary breather willmake market healthy and pavethe way to gradually head towards 17900 in February as it is 80% retracement of January 2022 decline (18350-16836).
Paytm Shares Volatile After Third-Quarter Loss Widens
Paytm Shares Volatile: Shares of One 97 Communications Ltd. fell 7.55% in intraday trade before erasing the losses and trade with over 3% gains.
Gold Prices Support Today at 47350, Buy on Dips in Bullion Market
We expect gold prices to trade sideways toup in the comingweek with COMEX spot gold resistance at $1835 per ounce and support at $1777 per ounce.
Sensex, Nifty Open Little Changed; Tata Steel, Power Grid Advance
India’s stock benchmarks opened little changed, aslosses in information technology, banking stocks were offsetby gainsin metal, energy and oil and gas stocks, amid risein oil prices and decline in global equities.
Nifty Options Data Show 17100—18000 Trading Zone
Nifty Options Data Show 17100—18000 Trading Zone: Equity benchmarks logged gains forthe week, after two consecutive weeks of decline, amid rising concerns overtapering and volatility in global-equities.