The SGX Nifty had indicated a soft opening for new calendar year. However, our markets completely shrugged off these cues as they started the session marginally in the green on Monday. We did see some ambiguity in the first half; but with few heavyweights attracting strong buying around the midsession, Nifty picked up decent momentum …
Future outlook Our market has witnessed a pleasant move through the week post the havoc from the previous week. The firm recovery from the lows of 17800 showcased the resilience of the bulls and made a merry Santa rally to close the year on a cheerful note. The benchmark index Nifty50 snapped three consecutive weeks …
Future outlook Markets started the session on a flat note on Monday in line with other global peers. During the first half of the week, Nifty tried recovering from previous Friday’s weakness. However, at higher levels, once again markets looked a bit nervous. The profit booking started on Wednesday after entering the sturdy wall of …
Future outlook We had a nervous start for the week on Monday in line with not-so-favorable global cues. Nifty challenged 18400 in initial hours; but fortunately, it took a U-turn after testing the midpoint of 18400-18300 support range. The upward move continued for the next couple of sessions to almost reclaim the 18700 mark. On …
Future outlook Our markets started the week on a flat note in absence of global as well as domestic triggers. As the week progressed, key indices continue to remain in a slumber phase. During the mid-week RBI monetary policy, it appeared as if the Governor dented the sentiments; but immediately on the next day, the …
Future outlook The Indian market had a splendid start to the week, with the benchmark index Nifty50 clocking new highs. The bullish momentum carried throughout the week, with Nifty being on a roll of achieving new heights daily. However, the stellar run of the eight consecutive days came to a halt ahead of the weekend …
Future outlook On Monday, our domestic markets started the week on a nervous note citing to sluggish global cues. However, it was more of a consolidation with mildly negative bias. The sacrosanct support around 18100 provided cushion at lower levels which was then followed by some modest recovery in the following sessions. The monthly expiry …
Future outlook Market had a mild start to the new trading week post the strong closure from its previous week’s rally and managed to withhold at the higher grounds. After the initial up moves, the index slipped into a consolidation zone for the rest of the trading week and kept hustling in a slender range …
We started off on a positive note on Monday; but with some intraday swings on both sides, Nifty managed to reclaim 18200 on the same day. This was followed by a lull patch of nearly two days during which markets looked a bit tentative at higher levels. However, the global markets made a strong comeback …
Future outlook Markets had a buoyant start for the new trading week on Monday and previous week’s struggle around 17800 finally came to an end as we managed to open convincingly above it. After the initial upticks, index slipped into a consolidation and kept flirting with psychological mark of 18000. The buying re-emerged towards the …
