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Monday, August 28, 2017
If we summarize the overall price development in last couple of weeks, it seems the index has now slipped into a consolidation mode. The hourly chart indicates that the recent rally is still a...
Thursday, August 24, 2017
Once again our markets opened higher on the back of positive cues from the US bourses. Just like previous couple of sessions, the index remained within a narrow range for the major part of the day....
Wednesday, August 23, 2017
Yesterday, we witnessed a gap up opening in our markets which was mainly a rub off effect of the cheerful mood seen in the Hong Kong (HANG SENG) bourses. However, post this, the Indian market had...
Tuesday, August 22, 2017
Our markets kicked off the trading week on a flat note owing to mixed global cues. Subsequently, we witnessed some consolidation in the initial hour. However, a strong bout of selling in the second...
Monday, August 21, 2017
On Friday, Nifty witnessed a gap down opening citing selling pressure in the banking sector along with the heavyweight Infy. Subsequently, the index traded with a bearish bias for the most part of...
Friday, August 18, 2017
Yesterday, despite having muted cues from the global peers, our markets started the session on a positive note. This was mainly on the back of a strong opening from the IT giant Infosys, post its...
Thursday, August 17, 2017
Our markets have shown tremendous resilience at lower levels as we saw Nifty extending Mondays bounce back rally by a fair margin yesterday. During the first half, the index consolidated in a small...
Wednesday, August 16, 2017
Trading for the week began on a cheerful note owing to favorable cues from the global peers. Subsequently, we saw extension of this early morning gains to eventually end the session by adding 0.86%...
Monday, August 14, 2017
Fridays gap down opening was a typical reaction when market enters early stages of correction. It was backed by the negative news flow on the global front and also domestically, the earnings have...
Friday, August 11, 2017
Yesterday once again, our markets opened lower owing to weak cues from the Asian peers. Subsequently, the index consolidated for a while; but, a massive sell off in the latter half dragged the...
Thursday, August 10, 2017
Tuesdays strong corrective move was followed by a gap down...
Wednesday, August 9, 2017
Our markets had a soft opening yesterday on the back of sluggish cues from the global peers. However, all of a sudden, we witnessed a sharp correction in our market after the initial 15 20 minutes...