Nifty Org New
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Nifty Org New
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Nifty is a market index that was introduced by the National Stock Exchange in April 1996. It’s a blend of two words-National Stock Exchange (NSE) and Fifty. It is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.It is one of the two main stock indices used in India, the other being the BSE SENSEX. The base value of the index has been set at 1000 and the base capital of Rs 2.06 trillion. It was initially calculated on a full market capitalization methodology but in 2009 the computation was changed to a free float methodology. The base period for the NIFTY 50 index is November 3 1995, which marked the completion of one year of operations of the National Stock Exchange Equity Market Segment. Nifty 50 index has shaped up to be the largest consisting of exchange-traded funds (onshore and offshore) and exchange-traded options at NSE. It is the world’s most actively traded contract. As of April 2021, the index covers 13 sectors of the Indian Economy and offers investment managers exposure to the Indian market in one portfolio. It also has sectoral indices like NIFTY Bank, NIFTY IT, NIFTY Auto, NIFTY Pharma etc. More
Oscillators like relative strength index and Stochastic also showed a downward move, indicating that the sentiments may have turned negative ahead of the Fed meeting.
On the sectoral front, the metal index added 1.5 percent, while PSU bank, auto, pharma and energy indices shed 0.6-1.6 percent
In terms of sectors, Sharekhan continues to prefer banks, engineering companies, real estate & allied sectors and select consumer companies.
Oscillators on the higher timeframes indicated the sentiments are positive, but the lower timeframes (one hour and below) indicated negative sentiments which can be a sign of overbought and hence some setback can't be ruled out especially after 4 percent run up last week and 10 percent rally from June lows, experts said
A mixed trend was seen on the sectoral front with Metal index rose 1.5 percent, while Auto index slipped nearly 2 percent.
Nifty Auto is up almost 8 percent this month and broke above the critical resistance zone 12,000-12,100 which was its previous peak in 2018 and is enjoying strong momentum.
The equity market is in the green, supported by healthy quarterly earnings, good monsoon, buying across sectors, positive global cues, FIIs turning buyers after a long time and falling crude oil prices. Technically, any close above 17,051 for the Nifty will confirm strength in the up-move. On the downside, the Nifty has support at 16,571 mark, and in case the intra-day support of 16,571 collapses, the index will support at the psychological 16250 mark
On the weekly chart, Kajaria Ceramics has confirmed “multiple resistance" breakout at Rs 1,100 levels. This breakout is accompanied with huge volume spurt indicating increased participation at breakout zone.
On the daily chart, Balaji Amines has confirmed a decisive breakout with gargantuan volumes and in the process, we can even see it traversing the '200-SMA' placed around Rs 3,200.
There could be caution and volatility next week especially ahead of the US Fed meeting and monthly expiry of futures & options contracts, though overall bulls are expected to have an upper hand as we have seen 10 percent recovery in the last five weeks from 52-week lows, experts said.
If the Fed succeeds in engineering a soft landing of the US economy, the Indian IT segment will stage a smart bounce back. This will happen when the signals of a soft landing are visible.
On Friday, the BSE Sensex settled at 56,072, up 390 points, while the Nifty50 consistently traded above 200 days exponential moving average and rose 114 points to close at 16,719, taking the total recovery to 10 percent from the 52-week lows.
In last week, PTC Industries, Navkar Corporation, Sandur Manganese and Iron Ores, Quick Heal Technologies, Brightcom Group and Igarashi Motors rose between 25-32 percent .
Nifty IT Index has corrected 27 percent year-to-date due to rising supply side shortages, fall in margins, higher attrition, rising sub-contractor and travel costs, rate hikes by the US Fed, fears of recession and geo-political tensions in client-centric regions.
"We think the Fed is likely to tone down its hawkish stance. Even though the headline inflation has come quite high at 9 percent, the crude and commodity prices trending downwards bode well," said Vikas V Gupta of OmniScience Capital
Other supporting factors include positive global stocks, softening crude oil prices, better earnings, and strong rain. However, depreciation of rupee remains a concern.
For the NIfty, 16,500 will be a crucial support level, while resistance will be at 16,800 followed by 17,000
UltraTech Cement, Grasim Industries, UPL, HDFC and HDFC Bank were among the top Nifty gainers, while losers included Tata Consumer Products, Infosys, NTPC, Power Grid Corporation and JSW Steel
Recession risks are rising in the US and Europe, with consequences for global growth in late 2022 and 2023. However, it is expected that commodity prices to fall over the next 18 months as production rises and demand eases.
Among sectors, bank index gained 1 percent, while power and IT indices shed 0.5-1 percent.
On last Thursday, ABB India registered a fresh 52 weeks high of Rs 2,835. In this month so far the stock rallied over 20 percent. Technically, after Rs 2,500 breakout the stock has formed breakout continuation formation. The texture of the chart indicating uptrend formation is likely to continue in the near future.
After making a low at Rs 1,456, L&T is forming higher top higher bottom formation on all the time frames like daily, weekly & monthly indicating positive undertone of the stock for the short to medium term.
Based on the open interest future percentage, as many as 107 stocks including Nifty Financial, ABB India, PVR, IndiaMART InterMESH, and Cummins India witnessed a long build-up.
The rally was strong in broader space with positive market breadth. The Nifty Midcap 100 index gained 1.4 percent and Smallcap 100 index rose 0.77 percent as about 1,204 shares advanced against 740 declining shares on the NSE.
On the BSE, 100 stocks, including Siemens, ITC, Mahindra & Mahindra Financial Services, Bajaj Auto, and Bharat Electronics, touched their 52-week highs.
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Nifty gay stories: Best gay erotic fiction
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A gay couple kiss in Trafalgar Square after the annual Pride in London Parade 2015. (Photo by Rob Stothard/Getty Images)
Nifty is one of many erotic literature sites but it’s especially unique because it is focused on the LGBT community with Nifty gay stories as well as lesbian, bi, trans and more.
Erotic fiction is massively popular, and the internet now caters to those who want to fill their nights with lustful stories.
Nifty gay stories are immensely popular but there are literally thousands to pick from, and it’s for that reason that we’ve listed Nifty gay story categories with explanations and story samples. It will save you time, and you can just go straight into the gay erotic fiction you want, without wasting time scrolling through thousands of links.
Nifty has a popular archive under athletic stories . From fiction literature about rugby teams to footballers, whatever your heart desires.
Recently, there was a seven-part gay erotic fiction about a young adult called Dennis who joins a swim team full of older men. You can imagine what happens during this gay story. We’re sure more parts will be published too, with the latest instalment receiving over 30,000 views. This particular Nifty gay athletic story started in June 2018 and appears to be ongoing.
These Nifty gay stories involve S&M, bondage and authority figures. 50 Shades of Grey probably grew the genre’s popularity but it’s not for everyone.
From masters to subservient gimps, this Nifty category has steamy stories dating back to 1989. Are you brave enough to read them?
College , universities, and fraternities. Nifty has many college stories in which LGBT lust overtakes fellow students. A recent gay story from a month ago has already been read 48,000 times, so it must be pretty hot. The piece is about gay sex and is entitled College Roommate: Using Each Other .
Growing up gay, did you ever have feelings for a friend and wish it could flourish into something more?
Evidently many have as these gay stories about adult friendships turning into hot and steamy relationships is very popular. Which erotic story tickles your fancy?
Similarly, Nifty covers erotic stories about lesbians , bisexuals and trans people . While less popular within that particular gay story website, there are still thousands of stories that cover similar archives.
Celebs you didn’t know have an LGBT sibling
No judgements here. Which erotic literature will you pick?
If you’re after even more gay erotica outside of the Nifty platform then you can get loads of free books on Amazon Kindle Unlimited. The subscription comes with a free 30-day trial and then costs £7.99 per month with access to thousands of books – including gay erotica.
Readers can search for gay erotica on the Amazon website here and browse through the selection available to read for free as part of Kindle Unlimited. Some highlights include Tantalizing Twink Tales: A Collection of Gay Erotica from the 90’s , Winter Heat: A Gay Shifter Erotica Romance and Crime Plays: Hot Gay Erotica Collection .
To sign up for Kindle Unlimited go to the Amazon website and to find out more about the Amazon Kindle device go here.
This article contains affiliate links, PinkNews may earn revenue if you click through and purchase products through the links.
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All of my stories are posted on the Nifty Archives at: www.nifty.org
You can find the links to all my stories and all the picture for DANGEROUS MARINE and BUDDY SYSTEM as well as be notified of any new stories by joining my Yahoo Group:
You can also read my more serious writing on my BLOG (web log):
I am now I published author, please check out my publisher at www.Loose-Id.com Where I write under the name Bobby Michaels.
“Joker Takes My Cherry” (true story) January 15, 2003
“Gimme a Ride, Cowboy” April 5, 2003*
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