Tech View: Nifty50 bulls look tired; stay cautious

Mazhar Mohammad of Chartviewindia.in said the weakness is not panning out, as clear-cut sell signals are missing on short-term charts despite being in extremely overbought zones”It needs to sustain above 17,833 to retain a positive stance as the breach of said level can trigger.

How would ICICI Bank’s move to create a technological moat play out?

ICICI Bank share price has given a 23% CAGR in the past 5-year period, while its profitability has increased by 20% CAGR in the period. The deposit book of the bank improved from Rs 5,60,975 crore in March 2018 to Rs 10,64,572 crore in March 2022. While its advances improved from Rs 5,12,395 crore to […]

IEX among 6 stocks that may give solid returns in 4-8 weeks

Domestic equity markets have seen a quick rebound in the last few weeks with the benchmark index Nifty50 moving towards the key psychological level of 18,000. The majority of the analysts remain positive on the stock market and have handpicked a number of money-making ideas for the traders. Here are half a dozen stocks that […]

From 60k to 60k: The rise and fall of Sensex explained in charts

The benchmark BSE sensex has had a bumpy ride since scaling its all-time high level of 62,245 in October last year. The index did go past the 60,000-mark on 2 occasions this year, but could not hold on to it for long. On Wednesday, after 178 days, BSE sensex again breached the psychological level of […]