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Nifty to undergo consolidation in 18500-18000 range; Bank Nifty near overbought zone, gained 12% in 7 weeksNifty to undergo consolidation in 18500-18000 range; Bank Nifty near overbought zone, gained 12% in 7 weeks

By Dharmesh Shah The equity benchmark endured its northbound journey despite muted global cues. The Nifty gained 1.4% to settle the week at 18315. Broader market performed in tandem with the benchmark as Nifty midcap, small cap gained ~1%, each. Sectorally, auto, financials, consumption remained at the forefront while metal, pharma, PSU bank relatively underperformed. […]

L&T Technology, AstraZeneca Pharma, Escorts Kubota among 128 stocks that hit 52-week highs; 8 touch 52-week lowsL&T Technology, AstraZeneca Pharma, Escorts Kubota among 128 stocks that hit 52-week highs; 8 touch 52-week lows

The benchmark equity indices are trading in positive territory during intraday trading on Wednesday. The NSE Nifty 50 is trading at 19,806.60, up 0.89%, while the BSE Sensex is trading at 66,458.18, up 378.82 points. The broader indices are also trading in the green, with gains led by Midcap and Smallcap stocks. Bank Nifty is […]