Nifty bank

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By Sumedha Shankar New Delhi, Helped by rising interest rates, expanding retail loan book and improved credit quality, many banking stocks have outperformed broader market indices this year and experts are hopeful of a continuing rally as…

Nifty50 on Friday climbed for the sixth session in a row and, in the process, took out the 16,700 level on a closing basis. The index formed a bullish candle on the daily chart and a solid bullish candle on the weekly scale. Analysts…

New Delhi: Nifty50 on Thursday settled above 16,600 level for the first time since June 2, taking its winning streak to the fifth trading session. The index formed a bullish candle on the daily chart that engulfed the previous session's…

NEW DELHI: The Nifty50 on Wednesday climbed for the fourth straight session and, in the process, topped the 16,500 level on a closing basis. That said, the index ended up forming an indecisive bearish candle on the daily chart after a…

New Delhi: Nifty50 on Tuesday settled higher for the third straight day. It formed a bullish candle on the daily chart and according to analysts 16,500 level looks a good possibility. The credibility of this upmove was enhanced as Nifty50…

New Delhi: Domestic equity market ended another week in the negative zone as Nifty 50 dropped over a per cent, whereas Nifty Bank underperformed its larger peer with more weakness. Market experts suggested that red hot US inflation data led…

The Nifty50 on Friday snapped a four-day losing streak and ended above its 50-day simple moving average. The index formed a bullish candle on the daily chart with a long-lower wick, suggesting a Hammer-like reversal candle. With this, the…

A bearish candle with upper and lower shadow signals a formation of a high wave type candle pattern, which reflects high volatility in the market. "Normally, a formation of such a pattern after a reasonable upside or decline indicates an…