Our Blog

Share On:

Key benchmark indices hit record high with the BSE Sensex conquering the psychologically significant 32,000-level as a drop in June retail inflation data sparked hopes of a rate cut by the RBI. Global stock markets also provided some tailwind after US Federal Reserve chair Janet Yellen, in a House testimony, signalled that the approach to higher rates will be steady, prompting investors to buy more in risky emerging markets.

Read More
Share On:

Indian equities registered strong gains last week. The S&P BSE Sensex reclaimed the psychologically important 28,000 level after settling below that level in the preceding week. The Sensex jumped 749.86 points or 2.69% to settle at 28,532.11. The Nifty 50 index rose 237.10 points or 2.76% to settle at 8,809.65. The BSE Mid-Cap index rose 1.77%. The BSE Small-Cap index advanced 1.25%. The Sensex and the Nifty are up more than 26% since the February lows even as worries regarding earnings slowdown, lack of investment demand and regulatory logjam persist. Both the indices have managed to cross over significant medium-term hurdles, setting the stage for a new high soon.

Read More
Share On:

Nifty close 7749 points:The Nifty opened the week slightly better and went up all the way to make a high of 7940 points but once again failed to close above the 7900 points mark which is the crucial resistance which we have been highlighting. The last couple of days of the week saw a small selloff but and the Nifty closed with a loss of 165 points (-0.83%).

Read More
Share On:

Nifty close 7814 points:The Nifty opened the week slightly better and went up all the way to make a high of 7916 points but failed to close decisively above the 7900 points mark which was a crucial resistance which we have been pointing out. The last day of the week saw a sell off but still the Nifty managed to close with a gain of 81 points (+1.05%).

Read More
Share On:

This is a huge scam that is going on and today we are going to expose their modus operandi.

Read More
Share On:

Overall, a recovery of the economy is well on the way. The list I have covered may not be exhaustive but it clearly shows a pick up in growth. Inflationary pressures are subdued and should also lead the Reserve Bank of India (RBI) to cut rates, going forward. Recovery is picking up and is all set to gain steam in the following months.

Read More
Share On:

Mkt recovered from its intraday low and remained listless

Read More
Share On:

Nifty ends below its 50-day EMA support.

Read More