DSIJ Mindshare

Mid-cap index gives provisional bottom fishing, be cautious on entry

Bhagyashree Vivarekar 0 1121 Article rating: 5.0

Considering the monthly time frame, Mid-cap index has bounced back from near the 50 per cent retracement of the prior upward rally and registered its third consecutive uptick on daily time frame. 15750-15790 will act as major resistance may be for giving bottoming out signal. 17030-17060 will act as trend reversal.

Relcap zooms on back of robust Q1 result of Nippon

Bhagyashree Vivarekar 0 1510 Article rating: 5.0

Reliance Capital’s subsidiary, Nippon Life Insurance announced its financial performance for Q1FY19 on Tuesday where it posted persistency and premium growth. The stock of Reliance Capital surged nearly 4 per cent, registering its third consecutive uptick after consolidating for a while at its 52-week low level.

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