Day: December 8, 2022

Share Market outlook: Nifty 50 might see upside bounce, Bank Nifty may consolidate; check support, resistanceShare Market outlook: Nifty 50 might see upside bounce, Bank Nifty may consolidate; check support, resistance

The GIFT Nifty was flat during Wednesday’s early trading session, down by 0.5 points at 19,474, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex. On Tuesday, the equity benchmarks were closed on account of Independence Day. Prior to that, on Monday, Nifty 50 and Sensex closed flat. Nifty 50 gained […]

Metals shine as index climbs to 17-month high; Chinese stimulus seen aiding property sector, commodity pricesMetals shine as index climbs to 17-month high; Chinese stimulus seen aiding property sector, commodity prices

Shares of metal companies and manufacturers are shining, with the BSE Metals index at a 17-month high. On Monday, the index rose 613.92 points or 2.72% — the biggest gainer among sectoral indices — to 23,156.06. The previous high was 23,595.15 on April 11, 2022. It has comfortably outperformed the benchmark Sensex, gaining 7% over […]