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NIPPON INDIA ETF Bank BeES objective is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX Bank Index

Nippon India ETF Nifty Bank BeES

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Market Trading Guide: UTI AMC, Tata Communications are among 7 stock recommendations for Thursday - Stock Ideas

Indian bench indices traded in a narrow range and managed to close in the green. Nifty broke its three sessions losing streak and settled at 24,641.80, gaining by 31.75 points or 0.13%. Meanwhile, the 30-stock S&P BSE Sensex finished flat at 81,526.14, rising by just 16 points. Bank stocks dragged the index despite buying trends in IT, auto and FMCG stocks.Commenting on the day’s action, Rupak De of LKP Securities said that Nifty has been sustaining above the short-term critical moving average despite trading in a sideways trend on Wednesday. This suggests a positive trend, he added. “The momentum is lacking and a strong upside move could occur once the Nifty decisively moves above 24,700. In that case, the Nifty might move towards 25,000. On the lower end, support is placed at 24,500,” De said.Here are 7 stock recommendations for Thursday: Stock Ideas

Trade Setup For Dec. 12: Nifty Signalling Sustained Strength, Remains Above 24,500 Support Level

The Bank Nifty has formed a small red candle on its daily chart.

Market Wrap: Sensex, Nifty end flat, consumer durables and IT stocks gain as investors eye inflation data

Indian markets saw minimal movement. Consumer and IT stocks performed well. Banking stocks faced losses. Investors are watching for inflation numbers from the US and India. These figures will give clues about future interest rate decisions. Global markets showed mixed trends. Asian markets were varied, with gains in China and South Korea. European markets opened lower.

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Nippon India ETF Nifty Bank BeES

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Market Trading Guide: UTI AMC, Tata Communications are among 7 stock recommendations for Thursday - Stock Ideas

Trade Setup For Dec. 12: Nifty Signalling Sustained Strength, Remains Above 24,500 Support Level

Market Wrap: Sensex, Nifty end flat, consumer durables and IT stocks gain as investors eye inflation data

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