NIFTY 50 (NIFTY) Up $39.65 Over Past 4 Hours, Fares the Worst Out of equity indices; 2 Day Up Streak Ended

NIFTY 50 4 Hour Price Update

Updated September 15, 2020 11:14 PM GMT (07:14 PM EST)

NIFTY 50 is up 0.35% (39.65) since the last 4 hour candle, marking the 2nd consecutive candle an increase has occurred. NIFTY 50 outperformed all 14 assets in the equity indices asset class since the last 4 hour candle.

NIFTY 50 Daily Price Recap

11440.05 was the closing price of the day for NIFTY 50, resulting in today being one in which price moved down 0.21% ($24.4) from the previous day. Those trading within the equity indices asset class should know that NIFTY 50 was the worst performer in the class today. Below is a daily price chart of NIFTY 50.

NIFTY

NIFTY 50 Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days NIFTY 50’s price has gone up 5 them.

Overheard on Twitter

Over on Twitter, here were the top tweets about NIFTY 50:

  • From f2003062:

    @tony_gazillioni @Priyans48107837 @PradeepSrikant Those stocks are ever green stocks from nifty 50. I back tested 8 years of data and selected them. It would be great if u can find and let us know the dynamic way of stock selection that makes money in ORB on a longer time frame. Happy to update my document once u are ready

  • From IndiaEtfs:

    Every year, EPFO invests 15% of its accruals in ETFs. It invests in Nifty 50 & Sensex ETFs. So far:
    FY19 – Rs 27k cr.
    FY20 – Rs 31k cr.
    Total since 2015- Rs 1.03 lakh cr. This amount is expected to keep increasing + any inc in the limit will boost further flows into ETFs.

  • From BruniCharting:

    @allstarcharts @DilksJay INDY for exposure to large-caps (Nifty 50).INDA is still large-cap exposure but holds slightly more than the largest 50 stocks.SMID is the small and mid-cap index.Those are the most liquid ETFs outside of the handful of ADRs that offer individual equity exposure.