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Monday, July 10, 2017
In the week gone by, our markets gave a smart recovery from the recent low of 9448.75. The Nifty index made yet another successful attempt to test the 9700 mark and closed with weekly gains of 1.52...
Friday, July 7, 2017
Yesterday, we witnessed a gap up opening as indicated by the SGX Nifty. Subsequently, the optimism accelerated as the day progressed and during the second half, the Nifty made a yet another...
Thursday, July 6, 2017
Our markets opened marginally higher as indicated by the SGX Nifty and then remained in a small range for remaining part of the day. The overall intraday bias was positive but not a significant one...
Wednesday, July 5, 2017
Monday’s strong up move along with overnight rally in US bourses led to a gap up opening in our market yesterday by nearly three tenths of a percent. However, as expected we saw some profit taking...
Tuesday, July 4, 2017
Yesterday, we witnessed a gap up opening mainly on the back of biggest tax reform ever in India, GST rollout from July 01st 2017. After a minor pause, the optimism resumed during the penultimate...
Monday, July 3, 2017
During last week, the Nifty index had breached its important support levels and has formed a ‘Lower Top Lower Bottom’ for the first time in last six months. Further, we saw stiff hurdle of the ’20...
Thursday, June 29, 2017
Yesterday, our markets opened higher owing to cheerful mood across the globe. This optimism accelerated as the day progressed to extend early morning lead towards 9560 – 9580. However, as expected,...
Yesterday, our markets opened on a flat note in line with global cues. Subsequently, index faced some selling pressure at higher levels, which resulted into some corrective move below the 9500 mark...
Wednesday, June 28, 2017
After an extended weekend, trading began with a marginal gap as indicated by the SGX Nifty. However, a strong selling pressure in the initial hour dragged the index significantly lower to close...
Tuesday, June 27, 2017
Last couple of days of the concluded week must have scared so many market participants as we saw some early signs of broader market destruction. Since last couple of weeks, we have been quite vocal...
Friday, June 23, 2017
Yesterday, we witnessed a flat opening with a mildly positive bias owing to favorable cues from the Asian peers. Subsequently, the index added further gains to gradually march towards the 9700 mark...
Thursday, June 22, 2017
Yesterday, we had a soft opening in our market on the back of mounting concerns over falling crude oil prices due to oversupply. This early morning weakness extended a bit in the initial hours....