Latest Stock Market News

The formation of a bullish hammer candle pattern of last week as per the weekly timeframe chart is still intact. The index is expected to slide near the low of the said hammer pattern around 19,350-19,450 levels in the short term before showing another round of upside bounce from the lows. Immediate resistance is placed at 19,620 levels, said Nagaraj Shetti of HDFC Securities.

Dive into the world of stock market analysis as we unravel the significance of the Relative Strength Index (RSI) and its implications for 10 stocks showing a downtrend in RSI. ETMarkets explores why monitoring RSI is crucial for making informed investment choices.

"Geopolitical concerns cause a new wave of worldwide risk aversion, which helps safe haven assets like gold. In addition to hurting the market, the escalating geopolitical turmoil is a threat to global economic growth.

Discover the power of Relative Strength Index (RSI) in identifying promising stocks. ETMarkets unveils 10 stocks with trending up RSI, providing insights into why RSI is a crucial tool for stock analysis.

“Just because 10 years’ outlook is so good, if the market tries to reprice all of it in one go, it will be a little bit concerning. It is not that we are sitting on huge amounts of cash in old portfolios . We are taking time to be fully deployed in new portfolios but in old portfolios, around 10% cash is not excessive at this juncture.”

The Nifty Realty index closed 0.79 per cent down at 582.85.

Proceeds from the fresh issue will be utilised for debt payment, supporting working capital requirements, fund capital expenditure for purchase of new machinery and for general corporate purposes.