Nifty 50 analysis

Nifty strong potential might achieve a new high, after Powell’s Jackson Hole speech

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Nifty strong potential might achieve a new high on Monday,

Nifty 50 is showing strong potential to break through its previous record and reach a new peak beyond 25,000, especially in the aftermath of the Jackson Hole economic symposium. While optimism is high, several crucial factors need close monitoring to assess the sustainability of this upward trajectory. Fed Chair Jerome Powell, in his Jackson Hole Read more: Nifty strong potential might achieve a new high, after Powell’s Jackson Hole speech..

On August 1, Nifty closed above 25000 at all-time high, Nifty Bank closed slightly lower

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Nifty closed above 25000 at all-time high,

On August 1, 2024, the Nifty 50 closed at an all-time high of 25,010.90, surpassing the 25,000 mark for the first time. It reached an intraday high of 25,078.30 during the trading session. Nifty 50 breached the 25,000 mark for the first time, establishing a new all-time high. The index showed some volatility but maintained Read more: On August 1, Nifty closed above 25000 at all-time high, Nifty Bank closed slightly lower..

Nifty IT rose, IT Sector shining, Nifty 50 and Sensex boosting

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Nifty IT rose, IT Sector shining, Nifty 50 and Sensex boosting

Nifty IT rose +499.20 at 37,813, driven by strong gains in HCLTech, Infosys and TCS. Nifty 50 hit high of 24,401.00 points, breaking out of a sideways consolidation movement. Stock market indices are at record highs, driven by strong gains in the IT sector and positive global cues. Nifty IT rose key point: Global markets Read more: Nifty IT rose, IT Sector shining, Nifty 50 and Sensex boosting..