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Thursday, January 22, 2015
Yesterday, we witnessed a lackluster and range bound price movement for the entire session. The index opened marginally higher and then oscillated within the narrow range of merely 52 points....
Tuesday, January 20, 2015
The Nifty futures open interest increased by 0.34...
For the second consecutive session, we witnessed a gap up opening in our market. The Nifty continued its outperformance over other global bourses since last Thursday. During the first half, we...
Monday, January 19, 2015
Yesterday, the leading Asian markets like, Shanghai Composite and Hang Seng closed on a very weak note. Despite this development, positive cues from US bourses underpinned gains in the rest of Asia...
Friday, January 16, 2015
The Nifty futures open interest increased by 17.49 levels...
The Nifty clearly outperformed its peer global indices by closing only a tad below the highest point of the week. Trading in the first half of the week was very much in-line with our expectation...
Thursday, January 15, 2015
The Nifty futures open interest decreased by 2.00% while...
Despite having unfavorable global cues, our benchmark index (Nifty) opened nearly 150 points higher as the bulls gave a big thumps up to the RBIs move of trimming repo rate by 25 basis points. This...
Wednesday, January 14, 2015
The Nifty futures open interest increased by 2.44% while...
Yesterday, our benchmark index opened quietly and then moved towards the 8350 mark. This level coincided with the Rising Wedge pattern breakout point seen in the hourly chart. As a result, we...
Tuesday, January 13, 2015
The Nifty futures open interest increased by 2.67% while...
Similar to previous session, yesterday too, we witnessed a sharp movement in the concluding hour of the session. However, on this occasion, the price action ruled in favor of the bears. In our...