nifty bank

The Nifty50 on Friday saw a gap-up start but could not add much to gains. The index ended up forming a small bullish candle on the daily chart. It ended up forming a 'Harami' candle on the weekly chart. The weekly pattern is a bullish…

Nifty50 on Thursday formed an indecisive Spinning Top candle on the daily chart. Analysts said the index has entered a consolidation phase which may last a few days until the broader 15,350-15,700 range is taken out decisively. The index…

NEW DELHI: Nifty50 on Tuesday climbed nearly 2 per cent and formed a bullish candle on the daily chart. The index was stuck in a range of 15,200-15,400 for the last couple of sessions. But Tuesday’s gap up opening helped the index…

New Delhi: Banking stocks are among the worst victims of the latest mayhem on the Dalal street. Stocks pertaining to the sector, whether private or public, have taken a big blow from their peak, hitting their 52-week low. Nifty Bank -…

Nifty50 on Friday fell for the sixth straight day and formed an indecisive Doji candle on the daily chart. On the weekly scale, it formed a long bearish candle. Analysts are unsure whether there could be any recovery from here. The trend…

Bank stocks are now looking attractive with multiple falling below the long-term average for the sector, said Prashant Jain, ED & CIO, HDFC AMC. In a webinar, Tuesday evening, Jain said that he now only finds valuations attractive…