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 [...]
August 28, 2011 | Posted in
Gold Trading |
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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, Apr 10 (www.GoldTradingCalls.com) Nifty trading witnessed its first major correction in over two weeks with Sensex closing with a loss of 140 points on Friday at 19,451. After rising nearly 1,900 points between March 22 and April 4, the sensex has now shed 250 points in the last four sessions. On the NSE, the nifty closed 44 [...]
April 10, 2011 | Posted in
Gold Trading |
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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, 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 [...]
February 11, 2011 | Posted in
Gold Trading |
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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 [...]
February 6, 2011 | Posted in
Gold Trading |
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