Stocks in focus: GIFT Nifty traded flat during Tuesday’s early trading session at20,117.5, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. Indian equity indices NSE Nifty 50 and BSE Sensex added gains for the seventh consecutive session on Monday. Nifty 50 surpassed the 20,000 mark for the first time during […]
Day: May 11, 2023
Week ahead expected to be long-heavy, trend bullish; Bank Nifty can surpass 44,600Week ahead expected to be long-heavy, trend bullish; Bank Nifty can surpass 44,600
By Anand James With more than 67% of stock futures attracting long build up in the expiry week, and FIIs holding more than 25% of the market wide long positions in index futures, we are certainly going into the week long heavy. This prompts us to take a defensive after achieving the 18,660 objective, which […]