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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 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...
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,...
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....
Wednesday, June 21, 2017
A strong session on Monday was followed by a gap up opening with a small margin as indicated by the SGX Nifty early in the morning. Subsequently, we witnessed some profit booking at higher levels,...
Tuesday, June 20, 2017
During last week, the Nifty index traded in a narrow range and ended the week tad below the 9600 mark. The Nifty has started correcting precisely from the higher end of the resistance zone and has...
Monday, June 19, 2017