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, Aug 28 Nifty trading slumped to a one-and-a-half year low during the week just ended on heavy selling pressure by foreign institutional investors amid uncertain global cues. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) slumped 1.81% or 292.84 points at 15,848.83 points in the weekly trade.
This is the fifth consecutive weekly drop [...]
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, 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, Feb 11 (www.GoldTradingCalls.com) – Nifty 50 slid for the third consecutive session on Thursday with the BSE sensex down 130 points at 17,463 while the NSE nifty closed with a loss of 28 points at 5,226.
We see support coming from CD is – 1.618 range of AB at 5132 levles and we have another [...]
MUMBAI, Feb 5 (www.GoldTradingCalls.com) Concerns about rising inflation and its impact on the economy pulled the market down for the fourth week in a row. While manufacturing output data for January was a tad higher than that in December, food inflation for the week ended 22nd January surged to 17.05%, rekindling fears of the possibility [...]
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.
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