Nigerian Stock Market rebounds, investors gain N328bn after two days of losses
After two days of losses, investors in the Nigerian stock market recorded a gain of N328 billion on Thursday. Accordingly, during Thursday's trading, the market capitalisation, which opened at N163.531 trillion, gained N328 billion to close at N163.859 trillion. Similarly, the All-Share Index rose by 0.20 per cent, or 505.56 points, settling at 252,366.80, compared […] Nigerian Stock Market…
On November 13, 2026, SBI Life Insurance's stock price has been on an upward trajectory since the beginning of the month. The scrip broke above the resistance level of ₹1,790 and also surpassed a trendline barrier, signaling a positive trend. The stock is expected to continue its rally from the current level, with a potential consolidation or minor correction to ₹1,850 after touching ₹1,900.
However, it is anticipated that the stock will eventually break out of the ₹1,900 level and rise to ₹1,980. Investors are advised to buy at the current price of ₹1,820 and accumulate on dips to ₹1,790. A stop-loss should be placed at ₹1,725, and the stop-loss should be adjusted as the price moves higher. If the price reaches ₹1,950, the stop-loss should be tightened to ₹1,900.
Profits should be booked at ₹1,980. The recommendations are based on technical analysis and trading involves risk of loss.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Sensex today | Stock Market Live Updates: Stock to buy today: SBI Life Insurance (₹1,820) thehindubusinessline.com
- Stock Market LIVE: M&M, HDFC Bank lead 100-pt loss in Sensex, Nifty near 25,200; VIX drops 7% business-standard.com
- Stock Market LIVE Updates, Sensex Today: Sensex Likely To Open In Red, Tech Shares In Focus Amid Nvidia Sell-Off ndtv.com
