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Wednesday, April 2, 2014
Yesterday, we witnessed a gap up opening on the back of positive global cues. However, this optimism couldnt last too long as the index shaved off almost all its morning gains. However, we observed...
Tuesday, April 1, 2014
Our markets opened on a flat note and traded in a narrow range just ahead of RBI monetary policy announcement. Post the event, index shed a bit from days high and sneaked below the 6700 mark....
Monday, March 31, 2014
Our benchmark index continued its upward momentum by opening half a percent higher on the back of positive global cues. However, we observed a decent profit booking in some of the index...
Friday, March 28, 2014
All the five sessions of the concluded week ended in the positive territory as the bulls were unwilling to leave their driving seat. On the first day of the week, the Nifty witnessed a breakout...
Thursday, March 27, 2014
The derivative expiry session was clearly dominated by the bulls. Barring last half an hour, the remaining session traded with immense positive bias. Our benchmark index gradually moved beyond 6650...
Wednesday, March 26, 2014
Yesterday despite a positive opening, our markets could not take this momentum ahead; but somehow managed to post a closing above the 6600 mark for the first time ever. This didnt affect the...
Tuesday, March 25, 2014
Mondays strong rally was followed by a completely quiet session; where index managed to close with marginal gains despite a gap down opening early in the morning. Since, there is no change in the...
Monday, March 24, 2014
Its been two weeks now since our markets posted a new all time high on a closing basis. We are neglecting all the negative developments that are taking place across the globe. This clearly...
Finally, after 9 days of consolidation, our markets moved out of the narrow trading range. In the process, the Nifty managed to close well above the 6550 mark. This price development has now...
Friday, March 21, 2014
Overall its been a slight negative session for the market as the Nifty close below the 6500 mark. Despite strong pessimism seen across the globe, our markets managed to hold their range and shed...
Thursday, March 20, 2014
Our markets have maintained their tight range seen over the past 6-7 trading sessions. This consolidation phase is happening after a sharp rally and it becomes very difficult to predict when it...
Wednesday, March 19, 2014
Yet another session ended with a tug-of-war between the bulls and bears. Despite early morning optimism, the index closed with very negligible gains. However, the undertone still remains bullish...