Content creators mean business
Social media influencers are flipping the rules by first getting followers and then launching products and ...
File photo - BusinessLine
Nifty 50 December Futures (11,990)
Following an initial rally, the Sensex and the Nifty have marginally eased their initial gains and are trading sideways. The Asian markets are positive, Hang Seng index has jumped 1.4 per cent to 27,007 and Nikkei 225 is hovering at 23,424 with a marginal gain of 0.14 per cent in today's session. Both the Sensex and the Nifty have climbed 0.3 per cent each. The market breadth of the Nifty is biased towards advances. The India VIX is trading flat at 13.37 levels. The Nifty mid and small-cap indices have surged 0.5 per cent and 0.2 per cent respectively. The Nifty metal has jumped 2 per cent followed by Nifty auto index which has gained 1.25 per cent on the back of buying interest. However, selling pressure is seen in the Nifty IT and media sectoral indices which are slightly in red.
The December month contract started the session with a gap-up open at 11,998. After marking an intra-day high at 12,013 the contract witnessed correction and has recorded an intra-day low at 11,966 levels. The near-term view stays positive as long as the contract trades above a key support level of 11,970. Traders can buy with a fixed stop-loss. A strong rally above the immediate resistance level of 12,010 can take the contract higher to 12,030 and then to 12,050 levels. On the other hand, a key supports below 11,970 are placed at 11,950 and 11,920.
Strategy: Outlook stays positive above 11,970. Buy with a fixed stop-loss
Supports: 11,970 and 11,950
Resistances: 12,010 and 12,030
Social media influencers are flipping the rules by first getting followers and then launching products and ...
Paneer, once alien to the South, has found a lucrative market in Chennai
WPP agency Wunderman Thompson has launched its annual Future 100 report, lifting the lid on trends shaping the ...
Carriers claim that all measures — including pre-flight tests, cabin sanitisation and fresh air inflow — have ...
What filters should you apply when mining for under-the-radar small-cap stocks? Read on to find more
High valuation, intensely competitive landscape and small cap nature of the stock are key risks.
Amid choppiness, the benchmark indices slipped marginally; approach the week with caution
SBI Cards (₹1,032.7): Witnesses fresh breakoutBetween September and December last year, the stock of SBI Cards ...
A virus swept aside 2020 plans to mark the 250th year of the birth of Beethoven. We need the German composer’s ...
Marie leaned back in the chair, holding the brandy to her chest, the rain tapping on the windowpanes. She ...
The story of the 21-gun salute goes back a long way
The current India team didn’t just clinch a series in Australia. It also tugged at the heartstrings with ...
Social media influencers are flipping the rules by first getting followers and then launching products and ...
WPP agency Wunderman Thompson has launched its annual Future 100 report, lifting the lid on trends shaping the ...
Paneer, once alien to the South, has found a lucrative market in Chennai
The Flipkart kids playing adults are back — this time to push the home grown e-commerce marketplace’s grocery ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor