Tag «Banco Products»

9th April, 2013 : Tuesday tumble below 5,500…Nifty’s 5th fall

The markets started off flat but crashed into the red on bouts of selling. The Nifty has fallen for five days on a trot. Its fall below 5,500 levels is worrisome as these levels were last seen in September 2012. Dealers attribute today’s market sell-off to selling by London-based exchange traded funds. Fears of poor …

28th March, 2013 : Short covering: Nifty ends above 5650

The Indian market although sandwiched between holidays ended with smart gains on Thursday amid short covering in the Banking, Metals, and Telecom stocks. In addition, good long rollover was witnessed in the Nifty and the Banking Nifty. After opening on a flat note, markets slipped in the early trades however as the day progressed sentiment …