Our Blog

Share On:

Domestic stocks logged strong gains last week led by steady buying in index heavyweights ITC, ICICI Bank and Infosys. The S&P BSE Sensex, scaled record high above the psychological 31,000 mark.

Read More
Share On:

After three weeks of sideways movement, Nifty ended the week with gains of over 2 per cent and closed above its important psychological mark of 9300 for the first time ever on the monthly basis. During the week gone by market started the week on positive note on Monday after the market’s favoured candidate won through the first round of the French election, sparking a mass unwinding of safe haven trades.

Read More
Share On:

Key benchmark indices edged lower as investors pocketed some cash on profit booking after the recent surge helped Nifty hit record closing high on the last session of previous week. Key indices fell in three out of five sessions of the week.

Read More
Share On:

After a glittering rally in the previous week, markets seems to have taken a breather as Nifty registered a first weekly fall in the month of March after making fresh life time high of 9218 levels post the state election outcome. Nifty ended the week with marginal decline of half a per cent.

Read More
Share On:

Key benchmark indices slumped in a truncated trading week in sync with fall in global stocks on uncertainty about the outcome of US presidential elections next week. The S&P BSE Sensex, slumped 656.06 points or 2.34% to settle at 27,274.15 last week. The Nifty shed 191.95 points or 2.22% to settle at 8,433.75. Heavy selling was witnessed in mid-cap and small-cap stocks.

Read More
Share On:

The market declined last week, reflecting the cautious mood in global equities, ahead of the eagerly awaited commentary from US Federal Reserve on how aggressively it plans to raise rates. However, the Federal Reserve Chair Janet Yellen did not give any firm indications of raising interest rates in the immediate future. But she said that improvements in the labor market and expectations for solid economic growth had strengthened the case for a rate hike that would be undertaken gradually. But

Read More
Share On:

Nifty close 8572 points:The Nifty opened flat but ended below the first trading support of 8600 points after yet another week of dull sideways trading. This indicates that the Bears have put a foot in the door which would have been slammed upon them if the 8728 points level was crossed decisively. However, the more important support is 8517 points which has to be broken from a short term trend perspective. Till then we would continue to see a broad range of 8500-8700 points continuing.

Read More
Share On:

Nifty close 8541 points:The Nifty opened the week with an upside gap and moved higher on sustained buying by the Bulls. Volumes were also higher as compared to the previous week as the Nifty closed with a gain of 2.62%, thus almost hitting the upper target area of 8620-8655 points mentioned last week. This range will now act as immediate resistance in the near term.

Read More