The Indian market is set to consolidate as the S&P BSE Sensex rallied over 150 points and Nifty50 closed above 18,800 levels. In the last week, the India VIX has been hovering in a small range, while volatility has decreased and comforted the bulls at support zones. Option data suggests a shift in the broader trading range between 18,550 to 19,000 zones with an immediate trading range in between 18650 to 18900 zones. Stocks include BHEL, Bajaj Consumer, and HCL Technologies among others, with suggested target prices and stop loss.
Diwali dhamaka isn’t over! How a Rs 38 lakh crore bull run sent Sensex up 8,000 points and Nifty up 10% in 8 days
India’s Diwali rally has added nearly Rs 38 lakh crore to BSE-listed companies’ market value in just eight trading sessions, with the Sensex surging nearly