October 14, 2024

Nifty clings to gains, as bulls regain mojo on consensus that macros remain favorable.

*Review & Preview @4PM —— Monday, October 14th 2024* NIFTY (+164, 25128) Sensex (+592, 81973) Bank Nifty (+645, 51817) # Nifty clings to gains, as bulls regain mojo post last week’s short-term minor correction as macros remain favorable. Nifty Reality, IT and Bank Nifty star outperformers, up around 1.4% each. # Buzzing stocks: 1) Banking […]

Nifty clings to gains, as bulls regain mojo on consensus that macros remain favorable. Read More »

The directional trend remains bullish but technically, confirmation of strength only above Nifty 25301 mark.

*Morning Action @ 7 AM – Monday, October 14th 2024* # Gift Nifty is seen trading cautiously higher after Wall Street enjoyed strong session in Friday’s trade. # *The trading theme revolves around the upcoming US presidential election, uncertainty about the pace of Federal Reserve rate cuts and escalating geopolitical risks in the Middle East.*

The directional trend remains bullish but technically, confirmation of strength only above Nifty 25301 mark. Read More »

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