Tag «india infoline»

Eid Mubarak: Nifty ends above 5,550

8th August, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  After being under constant pressure for almost 10 trading sessions, the Indian equity market finally managed to close in the green with healthy gains. The Nifty closed above 5,550 while the Sensex shut shop above 18,700 levels. The market will remain closed …

L&T, RIL weigh down Sensex, Nifty

22nd July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline The Indian equity market ended Monday on a flat note as benchmark indices struggle to find any specific direction throughout the day. After opening with a negative gap in early trade, the markets did manage to stage a smart comeback. However, sentiment …

On a roll…Nifty re-conquers 5900

11th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline    It was a solid day of trade today as the Sensex closed above 19,650 while the Nifty ended above 5,900 mark. No change in the Federal Reserve’s bond-buying program, which has kept long-term interest rates low and encouraged more borrowing and …

Mkt sheds gains on weak European cues, profit-booking

10th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Mkt sheds gains on weak European cues, profit-booking The Indian equity market ended near the day’s low on Wednesday erasing the day’s gains on weak European cues and profit-booking at higher levels. The Nifty barely managed to close above the 5800 mark …

Tight range: Sensex, Nifty end with gains

9th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline Tight range: Sensex, Nifty end with gains It was a choppy Tuesday session with the benchmark indices trading in a narrow range. The Nifty traded in a tight band of 30 points while the same for the Sensex was 100 points. The …

Fed rollback jitters give Indian markets a shiver

8th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Fed rollback jitters give Indian markets a shiver ­The Indian equity market started the week off on a negative note with the Nifty once again shutting shop below the 200 Daily Moving Average. Weakness in Asian markets dragged the benchmark indices to …

Nifty tips 5900; pares gains on weak global cues

5th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  The Indian equity market managed to build on Thursday’s gains extending its winning streak to the second consecutive day. The Nifty closed above 5,850 while the Sensex shut shop above the 19,400 mark, a gain of 0.5% each. The Nifty briefly touched …

5800 again; Nifty ends above 200 DMA

4th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  5800 again; Nifty ends above 200 DMA The Indian equity market ended on a solid note on Thursday. In fact, it closed near the day’s high with the Nifty surging past the 5,800 mark and also its 200 Daily Moving Average. The …

Falling Re, rising crude sink Nifty below 5800

3rd July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Falling Re, rising crude sink Nifty below 5800 The Indian equity market ended in the red, extending its losing streak to the second consecutive day. It started weak and continued that trend with the surfeit of negative news. Any signs of a …

Profit booking sets in; Re near 60/$

2nd July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Profit booking gripped the benchmark indices today after three days of consecutive gains. Every time the bulls tried to bounce back, a deluge of selling pressure stemmed their tide. Negative vibes from the European equity market also proved to be a dampener. …