MUMBAI, Sep 01 Nifty trading benchmark indices rose for the second consecutive day, riding on stronger-than-expected growth data and gains in some overseas markets.
The S&P CNX Nifty regained its psychological 5,000 level while the BSE Sensex jumped 260.42 points, or 1.59%, to end at 16,676.74. The Sensex, which had touched an 18-month low of 15,848.83 on August [...]
MUMBAI, Jul 23 Nifty trading market today rose sharply on positive global cues and gain in banking shares. S&P CNX Nifty of the National Stock Exchange (NSE) rose 92 points or 1.67 per cent at 5,633. The 109.57-billion euro rescue package for Greece pepped risk appetite for equities and indices across Asia. Japan’s Nikkei Stock Average gained [...]
MUMBAI, Jul 12 Nifty trading began on a week note and ending the day lower and was trading in a narrow range of 5,620-5,645 on the downside since the opening. It seemed that markets are concentrating on earnings season, which will be kicked off with Infosys today.
Suresh Mahadevan of UBS believes negative earnings momentum is priced in. “We have revised [...]
MUMBAI, July 10 Nifty trading had a volatile week and scaled pass 5,700 level mid-week to touch a high of 5,740-200 Day Moving Average on Friday. However, The CNP CNX Nifty was unable to sustain the gains and tumbled late afternoon on Friday due to selling in financial and mining shares. The S&P CNX Nifty declined 68 [...]
MUMBAI, Mar 20 (www.GoldTradingCalls.com) Nifty trading took a further sharp downturn on spiking oil prices. The NSE Nifty closed at 5367.5 down 79.25 points or 1.46% and BSE Sensex ended at 17878.81 down 271.06 points or 1.49%.
Nifty is slowly gaining downward momentum and on the short term takiing support at 5232-5177 levels. ( previous pivots levels.)
We have been maintaining [...]
MUMBAI, Feb 26 (www.GoldTradingCalls.com) Nifty trading began on a week note and ending the week lower by 2.8 percent on account of concerns over the rising global crude oil prices and also due to increasing tensions in the Middle East that might stoke up domestic inflation.
Global crude oil prices, which has crossed $100-mark a barrel and with India imports [...]
MUMBAI, Jan 30 (www.GoldTradingCalls.com) Nifty Futures continues to be on a losing streak till Feb end 2011 with initial support at 5379-5356 at levels.
Nifty futures crashed below 5,500 after losing support at 5,600, but staged a modest pullback in the end on short covering and closed above the crucial support at 5,530. We had all [...]
Mumbai, Jan 24 (www.GoldTradingCalls.com) NSE Nifty after made an intermediate top at 6178 and commenced its downfall to end the week at 5654 losing 524 points to date.
We maintain a bearing view and see NSE Nifty to take initial support around 5625 and 5487 . We dont see the downtrend to end so quickly and should last a couple of [...]
Mumbai, Jan 15 . NSE Nifty after made an intermediate top at 6178 and commenced its downfall to end the week at 5654 losing 524 points to date.
We see NSE Nifty to take initial support around 5625 and 5468 . We dont see the downtrend to end so quickly and should last a couple of weeks longer.
Mumbai, Jan 1 (www.GoldTradingCalls.com) NSE Nifty has kept its slow momentum raise the whole week to close at 6134 up by 33 points. Nifty made an intraday high of 6147 and low of 6103.55. On weekly basis Nifty rose by 135 points and closed the weekly with bullish sentiment.
Markets are usually bullish during the holiday [...]