The Nifty 50 ended 1.8% higher at 23,851, while the BSE Sensex used 1.96% at 78,553. Indicators%in the holiday-cut week. %% rose, when their major Asian colleagues were blurred due to concerns over US tariffs and their impact on economic development.
Here’s how analysts are pulse in the market:
“A strong rally in large-cap stocks was seen on Thursday, mainly run by the financials, among the revised margin expectations arising from the change in savings deposit interest rates. The positive spirit was more supported by the contrast in the FII flow, although the durability of this trend is uncertain,” said Vinod.
“Nevertheless, optimism around the domestic market remains unchanged, promotes the expectation of a favorable outcome of the US-India trade negotiations and relatively minimal disruption from US-China trade tensions. In addition, the way to the moderator inflation towards more comfortable levels increases the market spirit,” Nair added.
He said, “Here is a look at what some key indicators suggest for Monday’s action:
US Market:
The S&P 500 ended on Thursday, withdrawn by Alley Lily and Apple Pal, as the US with Japan. Investors in trade negotiations against concerns about interest rate views Weighed progress in trade negotiations.
U.S. in bilateral negotiations after selling steep on Wednesday Traders were leaning towards optimism following the comments about President Donald Trump’s “big progress”.
Trump also told reporters that he expected to do a trade deal with China, though he did not indicate how to negotiate with both superpowers on a clear impotence.
The S&P increased by 6.93 points or 0.13%, which ended at 5,282.01 points, while the Nasdaq composite lost to 24.26 points or 0.15%, 16,282.90. Dow Jones Industrial Dysfunction fell 528.51 points or 1.33%to 39,140.88.
European Share:
European stocks closed slightly on Thursday after the European Central Bank expected the borrowing rate as expected, when investors said in the U.S. President Donald Trump analyzed corporate earnings to consider the results of irregular trade plans.
The Pan-European StokesX 600 index finished 0.1%, though more than 4% of the weekly jumps in the short week of the holiday.
Good Friday and Easter Monday were relatively low in the four -day week on Thursday.
Tech View:
A spectacular rally was seen in the index, in which the Nifty moved above the previous swing on the basis of the dam.
“This recent sharp rally has forwarded the index above 100 EMA on the daily chart, suggesting a moderate positive attitude. In the short term, we expect the rally to move forward, potentially leading the Nifty to 24,500 by step above 24,100.
Shares showing bullish bias:
Momentum Indicator Moving Average Convergence Diversion (MACD) showed a boom on Imcure Pharmaceuticals, KFIN Technologies, International Gemsological Institute, Brainbace Solutions, ICICI Bank and UR Robindo Pharma counters.
The signaling trend in MACD trade securities or indicators is known for reverse. When the MACD passes through the signal line, it indicates the boom, indicating that the price of security can be seen above and.
Stocks indicate weakness forward:
The MACD showed the bearish signs on the counters of Gadwani power between Gillette India, ABSL AMC and others. The bearish crossover on the MACD on these counters indicates that they have begun to travel below them.
Most active stocks in terms of value:
HDFC Bank (Rs 3,394 crore), ICICI Bank (Rs 2,435 crore), SBI (Rs 2,129 crore), Bharti Airtel (Rs 2,034 crore), Infosys (RS 1,997 crore), RIL 1,941 crore), and RS 1,941). Shares on NSE in terms of value. High activity on the counter in terms of value can help identify counters with highest trading turnover a day.
Most active stocks in volume terms:
Vodafone Idea (Shares Trade: .148.1 crore), IDFC First Bank (Shares Trade: 12 crore), Yes Bank (Shares Trade: 9.9 crore), Internal (Shares Trade), Tata Steel (Shares Trade), and Suzlon Suzlon. NSE
Stocks showing the interest of buying:
Bharti Hexacom, ICICI Bank, Bharti Airtel, Narayan Hrudayalaya, Bajaj Phinswar and Chambal Fertilizers and Chemicals, and Indigo were interested in buying better from market participants, as they indicated bullish elements.
Shares by looking at the pressure of sale:
No major stocks hit their 52-week low on Thursday.
Sentiment Meter Bulls:
Overall, the width of the market favored the bull as 2,396 stocks were finished in green, while 1,563 names settled in red.
Also Read: Bajaj Finance, Indigo in 10 largecap stocks where FIIS raises stake in Q4
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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