GIFT Nifty signals a positive start for D-Street. Here’s the trading setup for today’s session (23-09-2024)
Domestic markets have continued their upward momentum for the second week, with benchmark indices gaining nearly 2%, supported by the US Fed’s rate cut. The Nifty is approaching a significant milestone at 26,000, with potential to extend its rally further. Key sectors driving this trend include banking and financial heavyweights.
Stocks in news: SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, RIL (23-09-2024)
Stocks in news: Domestic markets rose by nearly one and a half percent on Friday, driven by global trends. Key stocks in focus include SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, and RIL due to various developments. Notable deals and approvals were made by companies like Allcargo Gati, HFCL, Aster DM Healthcare, and Tata Steel.
Stock Market Live Updates September 23, 2024: Stock to buy today: Aptus Value Housing Finance India (₹360.70): BUY (23-09-2024)
Sensex, Nifty, Share Prices LIVE: The upmove in the stock of Aptus Value Housing Finance India is gaining momentum. The stock surged over 15 per cent last week, taking the share price well above the ₹350-₹355 resistance zone. This ₹355-₹350 region will now act as a good support zone. Moving average cross-overs on both the daily and weekly charts strengthens the bullish case.
Asia stocks hold steady as more rate cuts loom (23-09-2024)
Asian stocks remained steady on Monday as investors awaited central bank meetings expected to result in two more rate cuts and key U.S. inflation data. Thin trading was observed due to a holiday in Japan. The S&P 500 futures and Nasdaq futures showed slight gains, reflecting optimism about further easing measures.
Jigar S Patel of Anand Rathi suggests buying these stocks on September 23 (23-09-2024)
Recently, Adani Power broke through a key bearish trendline on the daily chart, suggesting a potential reversal in momentum from its previous downtrend.
Sell Nifty50, MidCap Select on the rise; Check support & other levels here (23-09-2024)
The Nifty 50 Index remains bullish but overbought, indicating a possible near-term correction or profit booking.