Tag «nifty»

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 …

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. …

With reforms in the saddle, bulls retake D-Street

1st July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  What a start to the week! After enjoying a fantastic Friday, the Indian equity market continued its winning streak on Monday with the Nifty ending a shade below the 5900 mark. The Sensex managed to close above the 19,500 mark at 19,577, …

End of expiry! Market rallies 1.5%

27th  June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline In the June series, the Nifty plunged 7.3% while the Sensex declined 6.7%. The Indian equity market ended the June series today on a bright note with investors perhaps relieved that the series has ended. The June series had it all, a …

Shanghai Surprise: Market does a trapeze on China concerns

25th  June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Shanghai Surprise: Market does a trapeze on China concerns The benchmark indices closed off the day’s high on Tuesday amid huge volatility. It opened flat, bounced back, but failed to sustain thrice. However, a strong opening in Europe and a recovery in …

Nifty ends below 5600

24th  June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company)   That sinking feeling….Nifty ends below 5600   The torrent unleashed by fears of an early rollback of stimulus along with weak economic cues culminated in benchmark indices getting the blues on Monday. It was a …