Momentum indicators have entered the oversold zone and a bullish divergence has been seen on the hourly charts.

The weekly options data suggested that 23,500 is expected to be key support for the Nifty 50, while resistance is placed at 24,500, which is likely to be the trading range in the short term.

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Nifty Bank index began today’s session with a gap-down at 59,948 versus yesterday’s close of 60,187. But it recovered soon after opening and is now hovering around 60,400, up 0.4 per cent. The advance ...

Nifty 50 (25,694) was flat last week whereas Nifty Bank (60,095) gained 1.4 per cent. Although the latter has outperformed the former, both indices retain the broader bullish outlook. Here is our ...

Nifty 50, Sensex today: The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,725 level, a premium of nearly 140 points from the ...