What's Happening in Share/Stock Market Today

-

Comments

Post a Comment

Popular posts from this blog

CAMS IPO to open on Monday: All you need to know about the issue

-
Image
In CAMS IPO, the price band has been set at between  ₹ 1,229-1,230 per share The lot size of CAMS IPO is 12 The IPO of CAMS, which acts as a registrar and transfer agent (RTA) for mutual funds, opens on Monday and closes on September 23. The price band has been set at between  ₹ 1,229-1,230 per share and the company will raise  ₹ 2,242 crore at the upper end of the band. The lot size of CAMS IPO is 12 when means that investors have to apply for a minimum of 12 shares and in multiples thereof. CAMS IPO comes amid a jump IPO activity lately, and it is the biggest offering by size in the recent times. Here are 10 things to know about CAMS IPO: 1) CAMS is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions.                                                    2) The entire quantum of sha...
Read more

Trade Setup for Monday

-
Image
According to pivot charts, the key support levels for the Nifty is placed at 11,439.37, followed by 11,373.73. The market lost momentum in last hour of trade amid mixed global cues on September 18 as bears turned strong due to selling pressure in banking & financials though hefty buying in pharma stocks capped losses to some extent. The BSE Sensex was down 134.03 points to close at 38,845.82, while the Nifty50 fell 11.10 points to 11,505 and formed Bearish Belt Hold kind of pattern on daily charts. For the week, it gained 0.4 percent and witnessed Doji kind of formation on weekly scale. Experts see rangebound movement in coming sessions and advise investors to stay cautious given the profit booking taking place on every rise. "Nifty continued to rest on the support of 200-day EMA and has failed to show any significant upside bounce from there. We observe 7-8 sessions of range movement on the daily chart and that has eventually resulted in a downside breakouts, after openin...
Read more

Trade Setup for Monday: Top 15 things to know before Opening Bell

-
Image
Any upside bounce up to 11,350-11,400 could be a sell on rise opportunity in the market, Nagaraj Shetti of HDFC Securities said. The market snapped six-day losing streak and rebounded sharply to close above 11,000 on the Nifty with more than 2 percent gains on September 25, the first day of October series. The reports of likely stimulus package from government ahead of festive season lifted sentiment. The BSE Sensex surged 835.06 points or 2.28 percent to 37,388.66, driven by rally across sectors. The Nifty50 climbed 244.80 points or 2.27 percent to 11,050.30 and formed bullish candle on the daily charts, but lost 4 percent for the week and witnessed bearish candle formation on the weekly scale. "The larger up move as per the positive sequence of higher tops and bottoms has been broken recently and Nifty shifted into a downward corrective action by the way of lower tops and bottoms in the last couple of weeks. Hence, last Thursday's low of 10,790 could be considered as a new l...
Read more