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tradingnew01 · 1 year
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sharemarketnews01 · 1 year
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thenewsfactsnow · 2 years
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Nifty 50, other Indian Stock Indices rallies to new highs in today's trading
Nifty 50, other Indian Stock Indices rallies to new highs in today's trading #Sensex #StockMarket #BSE #NSE #StockTrading #BigMovers #Gainers #Investments #Trading
Indian stock market indices continued its strong momentum on Monday as benchmark Sensex crossed the 60,000-mark and Nifty 50 inching towards the 18,000-level. Investor favorites like Reliance Industries, Bajaj twins, HDFC Bank, TCS powered were leading the broader markets. Among the biggest gainers were the IT stocks due to updside movements in NASDAQ and global stock markets, while significant…
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financesaathi · 9 days
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BSE Sensex Gains 249 Points Amid Tech Rally and Fed Policy Anticipation
The BSE Sensex advanced by 249 points or 0.3%, reaching 81,772 in early trading on Thursday, bouncing back from losses seen in the previous session. The gains were fueled by a tech-driven rally on Wall Street that followed the release of favorable US inflation data. The US inflation report for August 2024 showed inflation had cooled to its lowest level since February 2021, providing a boost to global markets.
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Investors are now turning their attention to next week's Federal Reserve monetary policy meeting, where the expectation is that the Fed will opt for a smaller rate cut given the positive inflation data. Domestically, Indian traders are also awaiting the release of August inflation data later today, with analysts predicting a figure of 3.55%, little changed from the five-year low of 3.54% recorded in July. If inflation remains benign, it increases the likelihood that the RBI will consider rate cuts by the end of 2024, further supporting market sentiment.
The Nifty 50 index also climbed, gaining 0.4% to rise above the 25,000 mark. The rally was broad-based, with foreign inflows and all sectors trading in the green. Leading the pack was the Nifty Healthcare index, followed closely by gains in consumer durables, pharmaceuticals, auto, and metals sectors.
Top Gainers
Among individual stocks, some of the standout performers included Bajaj Auto, which surged 2.4%, and Adani Ports, rising 2.1%. Both companies have been benefiting from strong fundamentals and increasing foreign investor interest. Meanwhile, Kotak Bank and Shriram Finance posted gains of 1.7% each, buoyed by expectations of monetary easing from the RBI. In the technology sector, Wipro rose by 1.4%, reflecting the continued strength of tech stocks following the global tech rally sparked by US market gains.
The rally in Indian markets mirrors broader global trends, particularly in tech-heavy sectors. In the US, semiconductor companies such as Nvidia, AMD, and Broadcom led gains on Wednesday as investors bet that cooling inflation would allow the Federal Reserve to pursue a more dovish stance. The Nasdaq Composite surged by 2.17%, while the S&P 500 gained 1.07% and the Dow Jones rose 0.31%.
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optionperks · 19 days
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Top Gainers and Losers today on 2 September, 2024: Bajaj Finance, Bajaj Finserv, Hindalco Industries, Dr Reddys Laboratories among most active stocks
Top Gainers and Losers Today : The Top Gainers and Losers Today: The Nifty closed at 25,235.9, up by 0.17%. During the day, the Nifty touched a high of 25,333.65 and a low of 25,235.5. The Sensex traded in the range of 82,725.28 and 82,440.93 and closed 0.24% up at 82,365.77, which was 194.07 points above the opening price. The Midcap index underperformed the Nifty 50 as the Nifty Midcap 50 closed 0.18% down. Small cap stocks also underperformed the Nifty 50, with the Nifty Small Cap 100 ending at 19,307.1, down by 62.8 points and 0.33% lower.
Nifty Index Top Gainers and Losers Today The top gainers in the Nifty index were Bajaj Finance (up 3.33%), Bajaj Finserv (up 3.22%), HCL Technologies (up 3.05%), Hero Motocorp (up 2.25%), and Bajaj Auto (up 2.15%). The top losers in the Nifty index were Hindalco Industries (down 2.49%), Dr. Reddy's Laboratories (down 2.26%), Tata Motors (down 1.68%), NTPC (down 1.49%), and Oil & Natural Gas Corporation (down 1.38%).
Sensex: Top Gainers: Bajaj Finserv (up 3.23%), Bajaj Finance (up 3.19%), HCL Technologies (up 3.13%), ITC (up 1.60%), Indusind Bank (up 1.55%)
Top Losers: NTPC (down 1.57%), Tata Motors (down 1.52%), Wipro (down 1.12%), Mahindra & Mahindra (down 1.04%), Bharti Airtel (down 0.97%)
Nifty: Top Gainers: Bajaj Finance (up 3.33%), Bajaj Finserv (up 3.22%), HCL Technologies (up 3.05%), Hero Motocorp (up 2.25%), Bajaj Auto (up 2.15%)
Top Losers: Hindalco Industries (down 2.49%), Dr. Reddy's Laboratories (down 2.26%), Tata Motors (down 1.68%), NTPC (down 1.49%), Oil & Natural Gas Corporation (down 1.38%)
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trustednewstribune · 1 month
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Stock Market Rebound: Sensex Surges Over 1,000 Points; Nifty Climbs to 24,387
The Indian stock market made a strong comeback on Friday, with the 30-share BSE Sensex jumping 1,098.02 points to 79,984.24 in early trade. Similarly, the NSE Nifty surged 270.35 points to reach 24,387.35. This rebound comes after Thursday's decline and follows a significant rally in the US and Asian markets.
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Market Movers The recovery was broad-based, with all 30 Sensex firms trading in the green. Notable gainers included Tata Motors, Tech Mahindra, Mahindra & Mahindra, HCL Technologies, Power Grid, NTPC, Tata Consultancy Services, and Reliance Industries.
Global Cues Asian markets, including Tokyo, Seoul, Shanghai, and Hong Kong, were also trading sharply higher. The positive momentum from the US markets, which ended significantly higher on Thursday, further boosted investor sentiment. According to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the sharp rebound in US markets suggests that recession fears may have been exaggerated, as lower-than-expected initial jobless claims indicate a stable labor market.
FII Activity Foreign Institutional Investors (FIIs) were net sellers on Thursday, offloading equities worth ₹2,626.73 crore, according to exchange data.
Commodity Market On the commodities front, global oil benchmark Brent crude rose by 0.14% to USD 79.27 per barrel.
The stock market's sharp rise on Friday follows a volatile session on Thursday, where the BSE benchmark declined 581.79 points, or 0.73%, to settle at 78,886.22. The NSE Nifty also retreated by 180.50 points, or 0.74%, to close at 24,117.
As the markets continue to navigate global and domestic cues, investors remain cautiously optimistic about the potential for further gains.
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demiumresearch · 2 months
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Shares of companies like Glenmark Life Sciences, Hindustan Unilever, and Lux Industries defied the bearish market sentiment as the Indian headline indices Nifty and Sensex tanked over 3% on Monday, falling by over 800 and nearly 2,600 points, respectively, after following the global cues. Glenmark Life Sciences Ltd. soared 6.76% to Rs 939.3 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group.  500 stocks on the BSE that hit their respective lower circuit limits in Monday's trade.Defied the Bearish Market Sentiment! #indianequity #bse #stockmarket # https://youtube.com/shorts/5G5Bpd8kVMA?feature=share
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indiaepost · 2 months
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Stock markets open on a high, Adani Enterprises among top gainers
 The Indian benchmark indices once again opened on a positive note on Tuesday in the run-up to a blockbuster budget next week. Adani Enterprises, Coal India, M&M, Bharti Airtel and Tata Steel were among major gainers on the Nifty in the opening trade. While Sensex opened more than 160 points up to reach the 80,839 level while Nifty reached 24,643, over 50 points up. Market watchers said…
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jeneesa-michael890 · 2 months
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Weekly Market Outlook
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It turned out to be a fabulous week of trade for Indian equity benchmarks with frontline gauges garnering weekly gains of over two percentage points and settling above their record 79,000 (Sensex) and 24,000 (Nifty) levels.
During the week, traders were seen taking bullish bets in fundamentally strong stocks in hopes of continuity in reforms and focus on the 100-day agenda of the NDA government. Sentiments are also buoyed by the expected revival in the technology space and consolidation in the cement industry.
Markets started the week slightly in the green as traders found some support after the GST Council at its 53rd meeting introduced sweeping reforms with an aim to simplify tax compliance and ease the burden on taxpayers.
Some support also came after S&P Global Market Intelligence said that the new government will likely focus on job creation and addressing farmers’ concerns in its first 100 days.
Markets extended their northward journey and looked resilient during most part of the week taking support from RBI’s statement that India recorded a current account surplus of $5.7 billion or 0.6 per cent of GDP in the March quarter. In the year-ago period, the current account deficit stood at $1.3 billion or 0.2 per cent of GDP.
Sentiments also remained upbeat with CRISIL Ratings’ report stating that capital goods makers are likely to see revenue rise 9-11% in fiscal 2025, led by continued significant outlays towards railways (including metros), defence, conventional and renewable sectors.
This compares with an expected around 13% growth in fiscal 2024. Optimism continued on Dalal Street taking support from RBI’s data showing that India’s financial position with the rest of the world improved over the year. The country increased its overseas assets more than it increased its foreign liabilities, largely due to a rise in reserve assets.
Key gauges continued to hit record levels one after other as traders took support with the National Council of Applied Economic Research (NCAER) stating that India’s economy is set to achieve significant growth, with projections nearing 7.5% for the current fiscal year (FY25).
Some solace also came with CRISIL’s report stating that India’s current account surplus in the fourth quarter of the 2023-24 fiscal was aided by the narrowing of the merchandise trade deficit, an increase in remittances and a surplus in services trade. The country’s current account recorded a surplus of $5.7 billion, which is 0.6 per cent of the GDP, in the fourth quarter of the last financial year.
However, domestic markets ended the week off record highs as traders booked minor gains on the final day of the week as participants turned wary of the high valuations. Traders also took note of a report that Securities & Exchange Board of India (SEBI) at its board meeting approved new criteria for a single stock F&O entry and exit, voluntary delisting norms and flexibility on the same, norms on finfluencers, measures to ease of doing business for REITs and InvITs and many other decisions.
Despite profit booking in the last session, Sensex and Nifty managed to settle above their psychological levels of 79,000 and 24,000, respectively. 
BSE movement for the week
The Bombay Stock Exchange (BSE) Sensex jumped 1822.83 points or 2.36% to 79,032.73 during the week ended June 28, 2024.
The BSE Midcap index gained 191.28 points or 0.42% to 46,158.35 and the Small-cap index surged 193.88 points or 0.37% to 52,130.41.
On the sectoral front, S&P BSE TECK was up by 404.35 points or 2.41% to 17,164.41, S&P BSE Information Technology was up by 778.65 points or 2.15% to 36,951.36, S&P BSE Oil & Gas was up by 610.10 points or 2.11% to 29,473.40, S&P BSE Power was up by 138.80 points or 1.78% to 7,954.50 and S&P BSE BANKEX was up by 944.30 points or 1.61% to 59,640.90 were the top gainers.
S&P BSE Realty was down by 208.67 points or 2.36% to 8,634.76 and S&P BSE Metal was down by 685.83 points or 2.03% to 33,050.57 were the few losers on the BSE.
NSE movement for the week
The Nifty surged 509.50 points or 2.17% to 24,010.60.
On the National Stock Exchange (NSE), Nifty IT was up by 957.20 points or 2.72% to 36,157.50, Bank Nifty was up by 680.80 points or 1.32% to 52,342.25, Nifty Next 50 gained 411.65 points or 0.58% to 71,523.45 and Nifty Mid Cap 100 gained 307.75 points or 0.56% to 55,736.90.
FII transactions during the week
Foreign Institutional Investors (FIIs) were net buyers in the equity segment in the week, with gross purchases of Rs 132,345.34 crore and gross sales of Rs 117,951.08 crore, leading to a net inflow of Rs 14,394.26 crore.
They also stood as net buyers in the debt segment with gross purchases of Rs 12,056.35 crore against gross sales of Rs 7,676.37 crore, resulting in a net inflow of Rs 4,379.98 crore.
In the hybrid segment, FIIs stood as net sellers, with gross purchases of Rs 170.79 crore and gross sales of Rs 246.02 crore, leading to a net outflow of Rs 75.23 crore.
Outlook for the coming week
The passing week turned enthusiastic one for Indian equity markets, by hitting fresh record high levels garnering gains of over two percent this week.  
The coming week marks the start of a new month and auto stocks will be buzzing on reporting monthly sales figures. Market participants will be watching out for the HSBC Manufacturing PMI Final scheduled to be released on July 01.
The HSBC India Manufacturing PMI increased to 58.5 in June 2024 from May’s three-month low of 57.5, preliminary estimates showed.
HSBC Composite PMI Final, HSBC Services PMI Final scheduled to be released on July 03. Foreign Exchange Reserves data going to be out on July 05. 
The first session of 18th Lok Sabha and 264th Session of Rajya Sabha will be concluding on July 3. The first session of 18th Lok Sabha commenced on June 24. While 264th Session of Rajya Sabha had started on June 27. 
On the global front, investors would be eyeing few economic data from world’s largest economy, starting with Fed Williams Speech on June 30, followed by S&P Global Manufacturing PMI Final, ISM Manufacturing PMI, ISM Manufacturing Employment, ISM Manufacturing New Orders, ISM Manufacturing Prices on July 01.
Redbook, Fed Chair Powell Speech, JOLTs Job Openings on July 02, Balance of Trade, Initial Jobless Claims, S&P Global Composite PMI Final, S&P Global Services PMI Final, ISM Services PMI, FOMC Minutes on July 03, Non – Farm Payrolls, Unemployment Rate, Government Payrolls, Manufacturing Payrolls, Baker Hughes Oil Rig Count on July 05.
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petnews2day · 3 months
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Latest Market News Today Live Updates July 3, 2024: Sensex tops 80,000 mark for the first time, Nifty 50 edges toward 24,300
New Post has been published on https://petn.ws/ZPVaF
Latest Market News Today Live Updates July 3, 2024: Sensex tops 80,000 mark for the first time, Nifty 50 edges toward 24,300
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on […]
See full article at https://petn.ws/ZPVaF #OtherNews
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theshillongtimes · 3 months
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Sensex, Nifty close at record high, media and energy stocks shine
Mumbai, June 26:  Indian equity indices closed at a record high on Wednesday following a rally in media and energy stocks. During the market hours, the Sensex and Nifty registered a new all-time high of 78,759 and 23,889 respectively.
At closing, Sensex was up 620 points or 0.80 per cent, at 78,674 and Nifty was up 147 points or 0.62 per cent, at 23,868. Among the sectoral indices, media, energy, PSU bank, fin services and pharma were major gainers. Auto, metal, realty and IT were major laggards.
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sharemarket2024 · 3 months
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Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices BSE Sensex and NSE Nifty50 are under pressure on Thursday. At 1.32 pm, the indices gained around 0.35% each. Within the Nifty pack, Hindalco (2.39%), Kotak Bank (1.53%), JSW Steel(1.51%), BPCL (1.46%) and Adani Ports (1.18%) were the major gainers, while Sun Pharma (-1.73%), M&M (-1.55%), Titan (-1.05%), Hero Motocorp (-1.03%) and HDFC Life (-0.97%) were the major laggards.
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india-times · 4 months
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Markets Rally for Second Consecutive Day: Sensex Surges Over 696 Points
The bullish trend in the market continues as the 30-share BSE Sensex surged by 696.46 points to 75,078.70 in early trade, marking a second consecutive day of gains.
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The buoyant start on Thursday follows the unanimous election of Narendra Modi as the leader of the BJP-led National Democratic Alliance (NDA). This decision has instilled confidence in investors, leading to a continuation of the previous day's sharp rally.
The NSE Nifty also witnessed an upward trend, climbing by 179.15 points to reach 22,799.50.
Notable gainers among the 30 Sensex companies include NTPC, State Bank of India, Power Grid, Tata Steel, Tech Mahindra, and HCL Technologies. However, Hindustan Unilever, Nestle, Sun Pharma, and Asian Paints lagged behind.
Narendra Modi's unanimous election as the leader of the NDA signals his historic third consecutive term as prime minister, following the NDA's victory in 293 seats in the Lok Sabha polls.
In global markets, Tokyo and Hong Kong traded with gains, while Shanghai quoted lower. US markets closed in positive territory on Wednesday.
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, highlighted the favourable global construct with the rising possibility of rate cuts by the Fed. However, despite the positive outlook, FIIs continue to sell on high valuations in India, especially compared to the relatively cheap valuations of Chinese stocks.
While there is political stability in the near term, ongoing political developments are expected to influence market sentiment.
In the commodity market, global oil benchmark Brent crude climbed to USD 78.71 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 5,656.26 crore on Wednesday.
The market's resilience is evident as it bounces back from Tuesday's decline, with the BSE Sensex surging by 2,303.19 points or 3.20 per cent, and the Nifty climbing by 735.85 points or 3.36 per cent on Wednesday, marking a positive shift in investor sentiment.
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businessnewsupdates · 4 months
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Sensex Rises 2.46%, Nifty Gains 560 Points in Morning Trade
In a remarkable recovery following the announcement of the Lok Sabha election results, India’s domestic stock market indices Sensex and Nifty showed significant gains on Wednesday, May 5. Opening nearly 1% higher, both indices extended their upward momentum throughout the morning trade.
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Key Highlights:
Sensex Performance: The Sensex surged by 2.46%, climbing 1,772.04 points to reach 73,851.09 by 11:30 am. It had opened at 73,027.88, marking a 1.32% increase from the previous close of 72,079.05.
Nifty Performance: The broader Nifty index jumped 2.56%, gaining 560.5 points to hit an intraday high of 22,445, following a gap-up opening of 243.85 points, or 1.11%.
This strong performance comes after a tumultuous day on Tuesday when the Sensex dropped by 4,389.73 points (5.74%) to close at 72,079.05, and the Nifty 50 fell by 1,379.4 points (5.93%) to close at 21,884.5. The declines were attributed to the Bharatiya Janata Party (BJP) failing to secure a majority in the general elections, securing only 240 seats.
Market Sentiment:
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, noted, “The market will take some time to absorb the unexpected election results. Stability will return to the market soon but volatility will continue till there is clarity on the cabinet and the key portfolios. A sharp rebound in the market is unlikely in the near term but sectoral preferences might change.”
Volatility Eases:
The volatility index, India VIX, which had surged by 51% to 31.71 during Tuesday’s intraday trades before closing at 26.75, further eased to 19.45 on Wednesday, indicating a reduction in near-term volatility.
Market Outlook:
According to a report by Axis Securities, “The National Democratic Alliance (NDA) will form the Modi 3.0 government with coalition partners. With this, the market will likely gain confidence in the political stability as well as the policy stability. Some positive recovery is hence expected going forward.”
Sector Performance:
Recoveries: Nifty PSE and Nifty CPSE, which saw significant declines of 16.38% and 15.04% respectively on Tuesday, managed to recover some losses, falling by only 0.67% and 0.55% respectively.
Top Gainers: NSE firms that showed significant gains included Tata Consumer Products (6.30%), Hindustan Unilever (6.06%), Hero MotoCorp (6.46%), Mahindra & Mahindra (6.01%), and Asian Paints (4.71%).
The market’s reaction underscores the resilience and adaptability of investors, reflecting a cautious optimism as the political landscape begins to stabilize.
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optionperks · 1 month
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India's Top 10 Most Valued Firms Loss Rs 27,272 Crore In Market Cap Led By RIL, TCS
India's 10 top-valued firms collectively lost Rs 27,272.51 crore in market valuation on Monday, with Reliance Industries Ltd. and tech giant Tata Consultancy Services Ltd. emerging as the biggest losers, in line with a rally in equities. Infosys Ltd. and HDFC Bank Ltd. were among the gainers for the day. The NSE Nifty 50 ended 9.25 points, or 0.04%, lower at 24,358.25, and the S&P BSE Sensex ended 56.99 points, or 0.07%, lower at 79,648.92. Reliance Industries lost Rs 17,321.39 crore, bringing its market capitalisation to Rs 19.77 lakh crore, while TCS lost Rs 13,044.52 crore in market capitalisation to Rs 15.34 lakh crore. State Bank of India Ltd. and Larsen and Toubro Ltd. were also among the losers in the session.
Reliance Industries continues to remain the most valued firm followed by TCS, HDFC Bank, Bharti Airtel Ltd., ICICI Bank Ltd., Infosys, State Bank of India, Hindustan Unilever Ltd., ITC Ltd. and Larsen & Toubro Ltd.
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stockninjas · 4 months
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Best Option Trading Telegram Channels
If you’re confused about which skills to learn in 2024 to earn up to Rs 50,000 a day, trading can be a great way to make good money. You might be wondering how to learn trading. This article has the solution for you! I’ve put together a list of the Best Telegram channels for option trading in 2024.
Top 10 Telegram channels for Option Trading
1.Honest Stock Traders 2. Trading Master 3. Trade Onomics 4. Ghanshyam tech Analysis 5. Option Trading Masters 6. Option Tradex 7. NSE STOCK PRO 8. Mehul Option Trading 9. Stock market Ninjas 10. Stockpro Official
Best Telegram Channels for Option Trading in 2024 (Free Calls)
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Honest Stock Traders
If you’re not very familiar with option trading but still want to make money from it, consider joining the Honest Stock Traders channel. Here, you’ll get free option trading calls, trading setups, and chart analysis for Bank Nifty and Nifty. With over 31k subscribers, this channel provides valuable insights at no cost.
Option Trading Bulls
Option Trading Bulls is a legit Telegram channel that offers investment ideas, free Banknifty option calls, and detailed information on stock, equity, future, and options trading. With over 20k members, this channel can help you recover your losses.
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This channel provides free stock market tips, trading tips, and free intraday calls. They also offer premium services like live training and free webinars. If you want to invest your money wisely in 2024.
StockPro®Official (SEBI Registered)
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Option Trading Masters
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GHANSHYAM TECH ANALYSIS
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Market Master
Market Master is a SEBI-certified channel that helps you become financially free. It offers various investment ideas, stock market research, Bank Nifty, expiry levels, breakouts, and more.
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