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The Nifty has re-conquered the 5,900 mark, closing the April F&O series on a high. The Sensex too shut shop above 19,400. The markets rallied in the last half an hour of trade after volume-weighted average price-based buying in banking and auto stocks lifted the Nifty nearly 60 points from the day’s low. In lay …
After rallying for five straight trading sessions, the markets took a breather on Tuesday. After opening on a flat note, the markets remained under pressure throughout the day. However, a sudden bout of buying in the last hour of trade lifted the benchmark indices from the day’s lows. But it was barely sufficient for the …
The Indian equity market extended its thumping run to fifth straight trading session on Monday. The NSE Nifty index added another 50 points to its kitty with the index shutting shop above the 5800 mark. The index has rallied nearly 350 points in the past five trading sessions led by the Banking, Realty and the …
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 …
The Indian equity market further cracked on Thursday extending its downfall to the second straight trading session. The Nifty has now dropped ~170 points in last two trading session. The benchmark indices witnessed accelerated selling pressure after the Nifty breached the 200 Day Moving Average third time in the past six trading session. The index …
Heavy sell off in scrips across sectors saw the Indian equity market ending with losses on Wednesday bringing a four-day winning streak to a temporary halt. The NSE Nifty and the S&P BSE Sensex ended near day’s low. The record high closings of the Dow industrials and S&P 500 overnight did not help in anyway. …
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 …
The world markets may be heaving a sigh of relief following the developments in Cyprus. However, the Indian equity market ended in the red reversing all its early gains on Monday after media reports stated that Samajwadi Party may pull the plug on the UPA government. Samajwadi Party chief Mulayam Singh was quoted as saying …
Despite a positive start, the Indian equity market succumbed to intense selling towards the end recording its fifth straight dip. Earlier in the day, the Nifty had risen to the 5750 levels but came tumbling down as selling pressure resumed in Realty, Power, Capital Goods, Auto and Oil & gas stocks. The broader indices witnessed …
The Indian equity market further cracked on Wednesday as the S&P BSE Sensex closed below the 19000 mark and the NSE Nifty ended below the 5700 level. Today’s decline was seen despite a recovery in the European markets. Market opened with a gap down in early trades owing to negative cues from the US and …