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F&O Talk: Nifty IT gaining strong momentum, says Sudeep Shah; outlines HDFC Bank, ICICI Bank strategy after Q1
The Nifty IT index has rebounded nearly 13.5% from its July 1 low and gained around 5% this week, signalling improving momentum. Technical indicators, including the RSI, MACD and Relative Rotation Graph (RRG), point to strengthening bullish sentiment. The 29,600–29,650 zone is the key resistance, while 28,500–28,550 is expected to act as immediate support.
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thehindu.com
Nifty, Sensex climb in early trade led by IT stocks
Benchmark indices Sensex and Nifty rise in early trade, driven by IT stocks amid positive U.S. market signals.
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thehindubusinessline.com
IT stocks prop up Nifty at midday; SBI Life, Eternal lead losers
Stock market today: Sensex rises over 200 points and Nifty holds above 24,100 as IT stocks lead gains while banking shares lag amid market consolidation.
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economictimes.indiatimes.com
Sensex rallies 600 points powered by IT stocks; Nifty tops 24,200 level
Indian stock markets saw gains on Friday, with Sensex and Nifty trading higher. IT stocks led the gains, while broader markets experienced marginal losses. Escalating Iran-US…
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IT stocks power Nifty higher; crude, Rupee pressure cap gains
The morning rally was led by information technology stocks, which dominated the top gainers on the Nifty 50; Jio Financial Services surged 5.69% to ₹249.07, emerging as the top…
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Nifty breaks past 24,200 as IT stocks surge; broader market lags
IT stocks drive Nifty above 24,200, while broader markets show mixed performance amid ongoing trading trends.
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newsbytesapp.com
Sensex jumps 965 points, Nifty tops 24,300 on IT rally
Sensex soared 965 points while Nifty crossed 24,300, driven by IT stock buying, robust Jio Financial earnings, and optimism surrounding Reliance Industries' upcoming results.
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Markets up 1% as investors buy IT and private bank stocks
Indian stock markets rise 1% as investors boost IT and private bank stocks, driven by positive corporate earnings expectations.
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NIfty IT logs best weekly gains since Oct 2025
Indian IT stocks experienced a significant rebound this week. The Nifty IT index saw its best weekly gain since October 2025. This rally followed a sell-off in Asian AI and…
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F&O Talk: Nifty IT gaining strong momentum, says Sudeep Shah; outlines HDFC Bank, ICICI Bank strategy after Q1
The Nifty IT index has rebounded nearly 13.5% from its July 1 low and gained around 5% this week, signalling improving momentum. Technical indicators, including the RSI, MACD and…
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Nifty weekly outlook: 24,500 holds the key to next leg of gains; focus on stock-specific bets
The Nifty ended the week with modest gains as the index defended the crucial 23,800–24,000 support zone, keeping the broader technical structure positive. Analysts expect the next…