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Tuesday, May 3, 2016
The opening session of the week began with a marginal downside gap and corrected in the first half of the session. However, similar to Fridays session, we witnessed a modest recovery in the latter...
Monday, May 2, 2016
The Nifty has been trading within a range of 200 points in the past two consecutive weeks and it has now reached the lower end of the range. The range of 7800 – 7750 coincides with multiple...
Friday, April 29, 2016
Yesterday’s session turned out to be a nightmare for the bulls as the SGX Nifty first suddenly turned negative after the Bank of Japan kept policy unchanged and then we saw a complete a nosedive...
Thursday, April 28, 2016
Yesterday, our markets opened on a flat note in-line with muted global cues. Subsequently, we saw index oscillating within a very small range throughout the session; but, somehow managed to...
Wednesday, April 27, 2016
Yesterdays session opened on a soft note citing to slightly negative global cues. However, the index managed to maintain its position above the 7820 mark throughout the first half. In fact, a...
Tuesday, April 26, 2016
Last week of the April month started the proceedings on a soft note citing to negative global cues. Subsequently, the index remained under pressure for the most part of the session; however, a...
Monday, April 25, 2016
The Nifty traded in a narrow range on Friday and ended the session with negligible loss of 0.16 percent over its previous close....
Friday, April 22, 2016
Yesterday too, we saw Nifty opening with a decent upside gap, courtesy to a grand opening from the entire Banking basket. However, we witnessed an index balancing act right from the opening trade...
Thursday, April 21, 2016
Yesterday, we saw Nifty opening with an upside gap owing to positive global cues on Tuesday.However, the index corrected immediately post the opening tick and registered almost an Open High, which...
Wednesday, April 20, 2016
On Monday, finally, the Nifty reached and closed marginally above the mostly observed technical evidence i.e. ‘200 SMA’ placed around 7875. Generally, this development is considered as a positive...
Monday, April 18, 2016
The Nifty posted reasonably strong weekly gains, despite it being a truncated week; mainly drawing impetus from IMD’s forecast of an above normal monsoon this year. The up move has come sooner than...
Wednesday, April 13, 2016
Post the flat opening, Nifty continued its previous days momentum and ended the session with marginal gains of 0.49%. Although the index ended with marginal gains, the market breadth was largely in...