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Monday, September 24, 2018
The week gone by was clearly the worst for our markets in last few months. We have been correcting right from the word go, started on Monday and Friday was like adding insult to the injury. At one...
Friday, September 21, 2018
Markets are still feeling the heat and the gap up opening today was merely a formality as we saw index immediately sliding below the 11300 mark in the initial hour of the trade. There was couple of...
Wednesday, September 19, 2018
Our currency is certainly undergoing some terrible time and in fact things are getting worse day by day. The volatility has risen to such an extent; undoubtedly is having an adverse effect on...
Tuesday, September 18, 2018
The currency worries once again spooked the traders’ sentiments after two days of pause. We started the proceedings with a downside gap and then a sustained selling throughout the remaining part of...
Monday, September 17, 2018
Last three weeks have been quite identical in nature when it comes to the price action. We had highlighted a typical corrective phase scenario of the Bull market last week i.e. if market has to...
Saturday, September 15, 2018
Friday, September 14, 2018
After witnessing some terrifying moves for two days, our benchmark started the day with a bump up of nearly 50 points. However, it was merely a formality as we immediately came across an Open High...
Wednesday, September 12, 2018
Post a sharp sell off of about 150 points on Monday, our market opened yesterdays session marginally higher. Although, it was just the opening ticks that were on a positive note as the index then...
Tuesday, September 11, 2018
A weakening in Rupee continues to put lot of burden on our markets as the opening of USDINR beyond the 72.15 mark led to a sluggish start for our equity markets. Subsequently, as the day progressed...
Monday, September 10, 2018
Mostly, in a strong up trend, if market has to undergo some kind of correction, we see that pain coming out in the first half of the week and the latter part tries to make up for the damage....
Friday, September 7, 2018
Wednesdays smart recovery in the latter half was followed by a positive start as indicated by the SGX Nifty. However, once again a sudden fall in Indian Rupee (USDINR beyond the 72 mark) led to a...
Thursday, September 6, 2018
The mayhem continued for the third day as the concerns started to mount further after Indian Rupee continued its weakness sharply towards the 72 mark against the US Dollar. This was supported by...