Market consolidates amid hopes of govt intervention; more than 470 stocks hit 52-week low, rupee falls to 72/$ The Indian rupee fell to 72.04 against the US dollar, the lowest level since November 14, 2018, due to stronger dollar and FII outflow.
Market Headstart: Nifty likely to open lower; NIIT Tech, Nestle top buy ideas Trends on SGX Nifty indicate a negative opening for the broader index in India, with 0.24 percent loss or 26 points. Nifty futures were trading around 10,906-level on the Singaporean Exchange.
Podcast | Stock picks of the day: Next immediate support for Nifty50 is placed at around 10,750 The next immediate support for Nifty50 is placed at around 10,750 and then towards 10,600 levels, while resistance is observed at 11,110 and then towards 11,200 levels.
A morning walk down Dalal Street | Sell-off could intensify if Nifty dips decisively below 10,900 The falling near the lower end of the range indicates the market is in bears' control, and rising volatility is giving putting sustained pressure at every bounce.
These 12 Nifty stocks trading at discount to 5-yr avg P/E; time to buy? The golden rule of investment is to pour money in stocks that are trading at attractive levels compared to their intrinsic value, thus allowing investors to create wealth over a period of time
Top buy and sell ideas by Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba for short term Prakash Gaba of prakashgaba.com suggets buying Bajaj Auto Pharma with target at Rs 2810 and stop loss at Rs 2717.
Sensex breached 37K, Nifty below 11000; 4 factors weighing on markets The NBFC crisis, elections and fiscal situations had led to a short-term slowdown in the economy, Jhunjhunwala. He was not bearish on the market at current levels and saw 10,750-11,000 levels on the Nifty to act as the bottom.