By Dharmesh Shah Equity benchmarks extended losses tracking weak global cues post US FOMC meet outcome last week. The NSE Nifty 50 index ended the week at 15294 down 5.6%. The broader market indices extended weakness as Nifty midcap, small cap indices lost ~6% and 8%, respectively. Sectorally, all major indices ended in red weighed […]
By Subash Gangadharan Daily chart indicates Nifty 50 index has reversed its recent downtrend as it has crossed the previous swing high of 17050 and filled the down gap made on 14 February 2022. Upside acceleration towards the 17800 levels is likely once the Nifty takes out the downward sloping trend line that has held […]