60% of Nifty and 70% of Nifty500 stocks record ‘Death Cross’ on daily charts; a major selloff imminent? The Nifty50 might have turned negative for the year 2019, but almost 60% of the companies in the index are in a bear grip as they have registered formation of a ‘Death Cross’.
An evening walk down D-St: Sensex, Nifty snap two-day losing streak; PSBs shine Gains in shares of bank, finance, FMCG and IT heavyweights underpinned the gain of equity barometer Sensex which endured bouts of selling after opening higher.
Market Headstart: Nifty likely to open flat; SBI, Supreme Industries top buys Trends on SGX Nifty indicate a negative opening for the broader index in India, with 0.1 percent loss or 10.5 points. Nifty futures were trading around 10,997-level on the Singaporean Exchange.
ICRA terminates services of MD&CEO Naresh Takkar with immediate effect Takkar was sent on forced leave in July following a review by the rating agency pending an enquiry into the "concerns" raised by the capital markets watchdog Sebi.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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