The Indian market reversed its Tuesday rally and Nifty closed slightly below the psychological price anchor of 25000. Despite opening on an optimistic note, fueled by the RBI's potential rate cuts, the initial euphoria proved fleeting. Heavyweights like Reliance Industries, HDFC Bank, and ITC pulled the indices lower. While FMCG and energy stocks weighed on the market, the banking, IT, and auto sectors provided some support.
The IT index rose 0.7%, marking its fourth consecutive sessio...
Indian market, much like individual traders, is susceptible to emotional currents by Stoxkart
Below the Quote on Post-market commentary by Sagar Shinde, Consultant from, Stoxkart - a discount broker, which provides Stoxmind.ai, a free trading mindset assessment tool.
The remarkable ascent of NIFTY index has been dented by global market influences. The index has recently broken the trend line of its rising channel. There has been substantial call writing observed at critical strike levels, particularly at 25,600, with further activity noted at 25,700, 2...
Post-market commentary by Sagar Shinde, Consultant from Stoxkart , a discount broker
Below the comment on Post Market comment by Sagar Shinde, Consultant from, Stoxkart - a discount broker
The remarkable ascent of NIFTY index has been dented by global market influences. The index has recently broken the trend line of its rising channel. There has been substantial call writing observed at critical strike levels, particularly at 25,600, with further activity noted at 25,700, 25,800, and extending to 26,000. This hefty call writing indicates that traders are be...
Post market comment By Sagar Shinde, Consultant from, Stoxkart - a discount broker
The Sensex and Nifty reached record highs on Monday, driven by expectations of increased foreign inflows following last week’s Federal Reserve rate cut, which has boosted risk-on sentiment among investors. Key gains came from the energy, banking, and auto sectors, while IT stocks underperformed. The Nifty now seems set to target 26,000, with momentum likely led by major banking stocks.
From a derivatives perspective, we are seeing significant activity at the 25,900 strike, with option ...
Mid- Session Update by Stoxkart , a deep discount broke
