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Newgen Software announces bonus share issue at 1:1 ratio
IT services firm, Newgen Software on Monday announced that its board has approved a bonus issue of 1 share for every 1 share held by shareholders.
Nifty forms a strong bearish candle
For bulls, Nifty has to decisively close above the 15988, in any case, a close below 20DMA, currently at 15760 will resume the downside move; if it...
Charts suggest a quick intraday correction
53,400 and 53,500 would act as an immediate resistance levels. Below the same the correction wave is likely to continue till 52,900-52,700; on the...
Trend hints at mkt consolidation
Still, index is trading below the previous week's low after quick rally. To avoid the bearish signals, it must close at least above the 16584 or above...
Correction wave may continue as Sensex forms bearish candle
Below 52,900, it could retest the level of 52,500; Further down side may drag the index up to 52,200
Avoid long positions amid long-term bearish signs
Nifty formed a Doji candle; MACD histogram shows an increase in bearish momentum
Sensex forms Gapping down Doji candlestick
On Monday, the domestic stock market witnessed a sharp selloff. BSE Sensex was down by 1,133 points.
