Tech View: Nifty50 loses momentum, may enter consolidation phase

A weakness in the next session below 17,348 can drag it towards 17,160. Strength can be expected only at a close above 17,500, which should expand the rally towards 17,800,” said Mazhar Mohammad of Chartviewindia.in.The analyst advised traders to avoid long positions in the index unless it closes above 17,500.

6 Indian stocks that fit Warren Buffett’s investment fundamentals

If you are one of those investors who follow the investment philosophy laid down by Warren Buffett, who is undoubtedly one of the best stock pickers in world history, then a custom screen made by MarketSmith can prove to be useful. The filter lists out Indian stocks that fit the formula of picking stocks according […]

Short covering by FPIs boosted indices in July

Historically, the benchmark index made a trough whenever the long-short ratio dropped to 0.2-0.3. In the past five years, there were only 19 such instances out of total trading days of 1417.