NIFTY Financial News

₹533.75 crore during the session. As per the NSE data, FIIs cumulatively bought ₹8,854.08 crore of Indian equities, while they sold ₹9,349.25 crore --- resulting in an outflow of ₹495.17 crore. Meanwhile, DIIs infused ₹6,027.22 crore and offloaded ₹5,493.47 crore, registering an inflow of ₹533.75 crore.

Nifty ended flat on Monday, a small negative candle was formed on the daily chart with minor upper shadow. Technically, this market action indicates range-bound movement in the market at the highs.

On the BSE, AKM Lace and Embrote(down 20.00 per cent), Novateor Research(down 13.67 per cent), Nihar Info Glob(down 12.90 per cent), Sancode Technologies(down 10.00 per cent) and JLAInfraville&Shop(down 9.86 per cent) stood among the top losers in today's trade. In the Nifty pack, 28 stocks closed in the green, while 22 stocks ended in the red. The index closed 2.85 points up at 19396.45. On the BSE, Omaxe, Steel Exchange, Victory Paper, Omnipotent Industrie and Allcargo Terminals hit their fresh 52-week lows, while Dolphin Offshore, Yuken India, Nanavati Ventures, AccelerateBS India and Indo Us Bio-Tech touched their fresh 52-week highs in today's trade.

Golden Crossover holds a special place, offering insights into potential trends that can impact stock movement. In this article, we explore the concept of the Golden Crossover and its importance in assessing stock behavior, highlighting 10 stocks identified by ETMarkets that have recently experienced this pattern. The Golden Crossover, a popular technical analysis term, occurs when a short-term moving average crosses above a long-term moving average.

The NSE Nifty index ended the session 2.85 points up at 19396.45, while BSE Sensex rose 3.94 points to 65220.03. In the Nifty index, Adani Enterprises Ltd.(up 2.21 per cent), HDFC Life Insurance Company Ltd.(up 1.71 per cent), ITC Ltd.(up 1.44 per cent), NTPC Ltd.(up 1.33 per cent) and Hero MotoCorp Ltd.(up 0.86 per cent) stood among the top gainers. On the other hand, Bharat Petroleum Corporation Ltd.(down 1.46 per cent), Cipla Ltd.(down 1.04 per cent), Bajaj Finserv Ltd.(down 0.71 per cent), Eicher Motors Ltd.(down 0.66 per cent) and Tata Consultancy Services Ltd.(down 0.57 per cent) were among the top losers of the day.

Nifty ended flat on Tuesday, August 22, as persistent concerns over US interest rates and China's economic health, although the mid-cap index rallied to a fresh record on brighter domestic prospects. The gains in shares of select heavyweights such as ITC, Larsen & Toubro and Axis Bank were offset by losses in those of HDFC Bank, ICICI Bank and TCS. Sensex closed 4 points higher at 65,220 while the Nifty closed the day at 19,396, up 3 points.

Benchmark NSE Nifty closed 2.85 points up at 19396.45 amid buying in frontline bluechip counters. However, stocks such as Omaxe, Steel Exchange, Allcargo Terminals, Penta Gold and Jio Financial Servic, touched their fresh 52-week lows. Overall, 28 shares ended in the green in Nifty50 index, while 22 closed in the red. In the Nifty 50 index, Adani Ent., HDFC Life, ITC, NTPC and Hero MotoCorp were among top gainers during the day, while BPCL, Cipla, Bajaj Finserv, Eicher Motors and TCS ended in the red. The BSE Sensex closed 3.94 points up at 65220.03. Traders piled up positions in Telecommunications, Aquaculture, Industrial Equipment, Textiles and Infrastructure sectors, while selling was witnessed in Banks, Building Materials, Irrigation & Allied Services, Metals — Ferrous and Leather sectors during the day.

Shares of Sona BLW Precision Forgings(up 3.46 per cent), Bharat Forge(up 2.72 per cent), Hero MotoCorp(up 0.86 per cent), Mahindra & Mahindra(up 0.78 per cent) and MRF(up 0.57 per cent) ended the day as top gainers in the pack. On the other hand, Eicher Motors(down 0.66 per cent), Samvardhana Motherson International(down 0.42 per cent), TIINDIA(down 0.18 per cent) and Tata Motors(down 0.05 per cent) finished as the top losers of the day. The Nifty Auto index closed 0.52 per cent up at 15507.9. Benchmark NSE Nifty50 index ended up 2.85 points at 19396.45, while the BSE Sensex stood up 3.94 points at 65220.03. Among the 50 stocks in the Nifty index, 28 ended in the green, while 22 closed in the red. Shares of Vodafone Idea, Suzlon Energy, Trident Ltd, Reliance Power and Zomato were among the most traded shares on the NSE. Shares of Yuken India, Dredging Corp, Birla Cable, Arham Technologies and Mold Tek Tech hit their fresh 52-week highs in today's trade, while Omaxe, Steel Exchange, Allcargo Terminals, Penta Gold and Jio Financial Servic hit their fresh 52-week lows.

Shares of AU Small Finance Bank(up 2.77 per cent), IDFCBANK(up 2.51 per cent), Federal Bank(up 1.34 per cent), Bandhan Bank(up 0.67 per cent) and Axis Bank(up 0.47 per cent) ended the day as top gainers in the pack. On the other hand, State Bank of India(down 0.56 per cent), HDFC Bank(down 0.43 per cent), Bank of Baroda(down 0.34 per cent) and ICICI Bank(down 0.34 per cent) finished as the top losers of the day. The Nifty Bank index closed 0.02 per cent down at 43993.25. Benchmark NSE Nifty50 index ended up 2.85 points at 19396.45, while the BSE Sensex stood up 3.94 points at 65220.03. Among the 50 stocks in the Nifty index, 28 ended in the green, while 22 closed in the red. Shares of Vodafone Idea, Suzlon Energy, Trident Ltd, Reliance Power and Zomato were among the most traded shares on the NSE. Shares of Yuken India, Dredging Corp, Birla Cable, Arham Technologies and Mold Tek Tech hit their fresh 52-week highs in today's trade, while Omaxe, Steel Exchange, Allcargo Terminals, Penta Gold and Jio Financial Servic hit their fresh 52-week lows.

Simbhaoli Sugars(up 7.54%), Rana Sugars(up 2.02%), Bannari Amman Sugars(up 1.98%), Dalmia Bharat Sugar & Industries(up 1.63%), BAJAJHIND(up 1.19%), Balrampur Chini Mills(up 0.94%), Uttam Sugar Mills(up 0.90%), Vishwaraj Sugar Industries(up 0.61%), DCM Shriram Industries(up 0.56%) and Ponni Sugars(Erode)(up 0.32%) stood among the top gainers. Ugar Sugar Works(down 1.52%), Mawana Sugars(down 1.36%), AVADHSUGAR(down 1.14%), KCP Sugar & Industries(down 1.12%), MAGADHSUGAR(down 0.60%), Rajshree Sugars & Chemicals(down 0.57%), K.M.Sugar Mills(down 0.48%), Sakthi Sugars(down 0.38%), Shree Renuka Sugars(down 0.33%) and EID Parry(down 0.27%) were among the top losers of the day. The NSE Nifty50 index ended 2.85 points up at 19396.45, while the 30-share BSE Sensex closed up 3.94 points at 65220.03. Adani Enterprises(up 2.21%), HDFC LIFE INSURANCE(up 1.71%), ITC(up 1.44%), NTPC(up 1.33%), Hero MotoCorp(up 0.86%), Mahindra & Mahindra(up 0.78%), Bharti Airtel(up 0.65%), SBI Life(up 0.64%), Larsen & Toubro(up 0.62%) and Wipro(up 0.6%) stood among the top gainers in the Nifty pack. On the other hand, Bharat Petroleum Corporation(down 1.46%), Cipla(down 1.04%), Bajaj Finserv(down 0.71%), Eicher Motors(down 0.66%), Tata Consultancy(down 0.57%), State Bank of India(down 0.56%), Tech Mahindra(down 0.46%), Adani Ports & Special Economic Zone(down 0.43%), HDFC Bank(down 0.43%) and ICICI Bank(down 0.34%) closed in the red.

The NSE Nifty index closed 2.85 points up at 19396.45, while BSE Sensex ended up 3.94 points at 65220.03. On the other hand, Bharat Petroleum Corporation Ltd.(down 1.46 per cent), Cipla Ltd.(down 1.04 per cent), Bajaj Finserv Ltd.(down 0.71 per cent), Eicher Motors Ltd.(down 0.66 per cent) and Tata Consultancy Services Ltd.(down 0.57 per cent) were among the top losers of the day.

Nifty 50 and Sensex on August 28, instead of August 23 as earlier indicated. More to come…Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

ITC, Larsen & Toubro and Axis Bank were offset by losses in those of HDFC Bank, ICICI Bank and TCS. Market sentiment was largely positive mirroring global sentiment. Among global peers, European stocks traded with healthy gains when the Sensex closed flat, even as US Treasury yields soared due to concerns about interest rates remaining elevated for a longer-than-expected period.

Prabhudas Lilladher has trimmed its 12-month Nifty target to 20,735 from 21,430 valuing the index at a 12 per cent discount to 10-year average PE (price to earnings ratio) of 20.7 times, and said that the coming months will be a real test for the economy and markets due to the EL Nino impact on inflation as food inflation and a feeble possibility of interest rate cut. The brokerage firm has trimmed the Nifty target primarily because of a cut in earnings and expects markets to consolidate ahead of the 2024 elections.

silver funds in the market, with six schemes that have completed one year in the market.HDFC Silver ETF lost the most at around 7.99%, followed by Aditya Birla Sun Life Silver ETF which lost 7.15%, and Axis Silver ETF that lost around 7.04%. Most schemes lost around 6% in one month.

LTIMindtree Ltd. slipped 0.19 per cent to Rs 5135.0 in Tuesday's trade as of 02:12PM (IST). The stock hit a high price of Rs 5171.35 and low of Rs 5110.0 during the session. The return on equity (ROE) for the stock stood at 27.36 per cent.

new 52-week highs on August 22. This surge is indicative of the robust momentum within the market and the resilience of these companies. Notably, Polycab India, Bharat Forge, Power Finance Corporation, and REC led the charge, exemplifying the potential for growth within the Nifty 200 Index. The data was sourced from StockEdge at 12.55 pm, and the updates from the real-time data could come with a lag.

InterGlobe Aviation Ltd. gained 0.22 per cent to Rs 2453.85 in Tuesday's trade as of 12:34PM (IST).

On the technical charts, the 200-DMA of the stock stood at Rs 643.67, while the 50-DMA was at Rs 637.9. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.

Tata Elxsi Ltd. traded 0.15 per cent up in Tuesday's trade at 12:23PM (IST).

In August 2021, one sector which had “ buy and strong buy” written all over it was IT or more commonly called software sector. Today, a number of them have “hold” recommendations by analysts.