Here is the latest analysis for the Nifty 50 index in India:
Current Status: The Nifty 50 index is currently at ₹23,370.45, which is an increase of 0.45% from the previous close1.
Performance: Over the past week, the Nifty 50 has gained 3.73%, and over the past month, it has increased by 6.43%1.
Key Metrics:
Market Cap: ₹1,86,33,869.89 crore
P/E Ratio: 23.93
P/B Ratio: 7.76
Dividend Yield: 1.34%1
Technical Analysis:
Moving Averages: The index is showing a bullish trend with the following moving averages:
MA5: 23,051.19
MA10: 22,812.84
MA20: 22,728.66
MA50: 22,525.51
MA100: 22,236.92
MA200: 21,186.511
Pivot Levels:
Resistance Levels: R1: 23,367.32, R2: 23,469.78, R3: 23,550.12
Support Levels: S1: 23,184.52, S2: 23,104.18, S3: 23,001.721
Stock Recommendations: Experts have recommended buying or selling the following stocks:
TVS Motor
Trent
Equitas Small Finance Bank
Sobha
LT Foods2