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Indian benchmark index Nifty formed a bearish candle on the daily chart, indicating a short-term reversal pattern on the downside. It ended with an 85.6-point loss at just one point below its previous peak. The index should hold above 18,777 zones to witness upward movement towards 18,888 then 19,000 zones. Analysts predict immediate trading support at 18,710 and 18,666 zones. The broader trading range is expected between 18,550 and 19,000 zones. Technical analysts suggest support zones at 18,700-18,660 and a resistance zone at 18,880-18,900.

Eight Indian stocks with market caps over Rs 75,000 crore that recently suffered from a Bearish MACD Crossover have been identified by ETMarkets. The Moving Average Convergence Divergence line crossing from above to below the signal line suggests a potential bearish trend reversal, making it a warning sign for technical analysts. The eight companies are: Cholamandalam Investment & Finance, ABB India, Infosys, Asian Paints, UltraTech Cement, Tata Motors, Sun Pharmaceutical Industries and Shree Cements. Investors should be warned, however, that conduct thorough research and consider your risk tolerance before making any investment decisions.

ETMarkets has identified 8 stocks with the RSI above 75, meaning they are overbought, using the ETMarkets screener. The stocks on the list are chosen based on a market cap of over Rs 50,000 crore. The includes Shriram Finance, Britannia Industries, SBI Life Insurance, Torrent Pharmaceuticals, ICICI Prudential Life Insurance, HDFC Life Insurance, Life Insurance Corporation of India and Tube Investments of India. Investors should monitor market trends and industry developments for these companies before making decisions.

​India’s tech unicorns are back on track and have been rallying for the past few weeks

"Gold prices weakened on Thursday, with spot gold in the Delhi markets trading at Rs 59,550/10 gram, down by Rs 200 per 10 gram, against its previous close," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

BoE has increased interest rates higher than the predicted 0.25% increase, following the increase in British inflation and wages since its last meeting in May. The move, which is its biggest rate increase since February and takes the rate to its highest since 2008, was decided by a 7-2 vote by the Monetary Policy Committee

Yes, again, go back to what we said earlier when we continue to have that view that over the next two years we think that the small cap and midcap would do much better than the large cap and the reasons are two. One is that earnings will be better for the small cap and the midcap relative to the large cap.

Among the Sensex stocks, Bajaj Finance and Asian Paints were the top laggards, falling nearly 2%. Tata Motors, Power Grid, NTPC, Infosys, Nestle, UltraTech Cement, and Indus Ind Bank also closed in the red.

​And probably the key stocks are the ones that also saw quite some bit of run up in recent times to name a few. If one would look at an industry level, the key stocks that were exited would include Kotak Bank, ITC, HCL, Zomato.

One can definitely look inward and think that, okay, what all things I can do other than doing my mundane job or the things which I am doing currently and thereafter, people will start getting the answers to their question.