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The equity benchmark indices have reached a critical junction. The Nifty on an intra-week basis slipped below the 10-week average for the first time since April of this year.

The S&P BSE Sensex, a benchmark index of the Bombay Stock Exchange, hit a new high last week.

Nifty failed to get a confirmation for the bearish patterns in the recent past.

In a scenario of buoyant global markets, the Indian stock market negated all the weaknesses.

Given the increasing volatility, Nifty registered a fall for the second consecutive week.

In February, the country recorded its highest ever maximum temperature with an average of close to 30 degrees Celsius, the highest since 1901 when weather records began.   

On Monday, the NSE benchmark Nifty50 took over the negative baton from Friday’s weak close at Wall Street on the back of hotter-than-expected US inflation data.

Nifty 50 opened flat with an upward bias on favourable global trends. In this post, we have highlighted the list of powerful stocks that are experiencing a strong positive breakout.

Despite the fact that Nifty 50 is trading flat with a bearish bias, this stock is up more than 10 per cent today. On weekly charts, it formed a long-term trend reversal pattern. Continue reading to learn more about this stock.

Despite several warnings about recession and further rate hikes, the Indian benchmark index has registered a fresh breakout during this week.