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Monday, March 12, 2018
Global markets continue to show some respite and hence, on Friday for the second straight day, our markets opened with an upside gap. The index then slipped into a consolidation mode and traded...
Friday, March 9, 2018
Yesterday’s gap up opening was mainly on the back of some relief seen across the globe. During the first half, we saw index facing strong selling pressure around previous day’s high and as a result...
The week turned out to be a decider as we saw Nifty finally coming out of the recent congestion zone. In fact, we had clearly stated in our previous article that we would see this suspense getting...
Thursday, March 8, 2018
After previous day’s massive sell off, our markets were expected to open significantly lower. But, this wasn’t the case, the index started with a mildly negative bias after SGX Nifty recovering...
Wednesday, March 7, 2018
Yesterday, the gap up opening was very much in line with a strong overnight recovery seen in the US markets. However, the kind of bounce back was expected seemed to have adjusted in the gap up move...
Tuesday, March 6, 2018
Yesterday’s gap down opening along with the immediate correction was clearly a catch up move as our markets remained shut on Friday due to the ‘Holi’ festival. We had to somehow make that...
Monday, March 5, 2018
The week gone by was not so volatile for our markets as if we look at the wild swings that are creating chaos in US markets these days. The Nifty remained within a range of 200 points which is by...
Saturday, March 3, 2018
This has not been so volatile week for our markets if we look at the wild swings that are creating chaos in US markets these days. The Nifty remained within a range of 200 points which is by far a...
Thursday, March 1, 2018
Yesterday, the benchmark indices opened gap down as the US markets corrected after the new Fed Chief hinted towards the probable three hikes in interest rates going forward. This certainly had a...