The RBI has directed banks and NBFCs to maintain elevated capital buffers and has extended increased risk weight requirements to both existing and new credit exposures.
Stock market is bullish, with the Nifty hovering around 19,700, Sensex gaining 800 points, and all sectors showing positive performance.
In Stock market indices dip, with the Sensex down by 325 points and Nifty50 slipping below 19,450, while small-cap stocks show stronger performance.
Elliott Wave Patterns helps Market Behaviour to be simple to understand! But, before delving into patterns, let’s grasp the basics of the Elliott Wave Patterns Principle:
In Stock market today Sensex and Nifty closed with slight gains despite a drag from the auto and IT sectors, while banks, metals, and energy sectors shone.
Bank Nifty is a pivotal index in the Indian Stock Market and serves as a backbone for options traders seeking intra-day profits. However, without adept strategies, trading becomes precarious, leading to potential losses for many traders.