Tag «INDIA VIX»

Nifty conquers 5,900

11th September, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) Amar Ambani, Head of Research, at IIFL said “Continued appreciation of the currency and softening of the 10-year G-Sec yield further strengthened the positive sentiment for the banking sector. PSU banks trading near historic low valuations …

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 …

Mkt shrugs RBI policy, European cues power Nifty to 5850

17th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) The indices started the week with smart gains extending its upswing for the second consecutive trading session. Ahead of the Reserve Bank’s monetary policy, the market traded flat with a slight negative bias. However, the benchmark …

21st May, 2013 : Weak Rupee leaves Nifty cold

It was a highly-volatile market session with indices ending near the day’s low. This is the second straight day of losses for the benchmark indices. Sentiment was dampened after the rupee depreciated 30 paise against the dollar, touching a three-month low of 55.2975. Selling pressure further intensified as investors tracking weakness in the European markets …

5th April, 2013 : Sell-off continues; Sensex, Nifty lie low

The crack gets bigger and bigger for the Indian equity markets as the downfall further extended to third straight trading session on Friday. Reports stated that continues offloading by the India-focused exchange-traded funds (ETFs) further dragged the benchmark indices lower. These funds were reportedly facing strong redemption pressure. The NSE Nifty has now dropped over …