Bear Market (rally !!!)
Both Sensex and Nifty fell by 3% (2.83% and 2.93% to be precise).
Nifty has to be below 4100 continously for 3-4 days and nifty is expected to touch 3600. That will be the next support.
Historically we have seen markets falling soon after the budget. Nothing new for Indian stock markets.
The budget has been a good , balacing act by Pranab. Lets see how the economy is taken care off...
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Nifty closes at 5050 on positive global cues
By: azhar12
MUMBAI: Indian stocks extended weekend gains as bulls got support from the positive global markets. Buying activity was seen across the board led high beta stocks in auto, realty and metal space.Indices on Monday opened higher and moved beyond psychological resistance levels in early trade. However, the trade turned lacklustre due to lack of ...
14 days ago
- News Source: Sify News | 4 months agoIt seen one intraday recovery but lost in last one hour of trade...I need to accept that we are in the range where panic selling can hit anytime...Longer we trade below 14000, least will be the hope of immediate recovery...One must note that break...
- News Source: Sify News | 4 months agoThe Sensex is down with a loss of 221.37 points or 1.56% at 13,949.08 while the broader 50-stock Nifty index of the National Stock Exchange is down by 69.90 points or 1.64% at 4133.25. A host of stocks from midcap and smallcap segments too have...
- News Source: NewKerala | 4 months agoNifty index of National Stock Exchange (NSE) declined by 111.30 points at 4090.85. The BSE Mid-Cap index was down by 2.87 per cent and the Small-Cap index by 2.74 per cent...Asian stocks were down, led by finance and mining companies, as an...
- News Source: The Economic Times | 4 months agoEquities were witnessing selling pressure on Wednesday in line with peer as sentiments turned bearish on concerns of recovery in global economy. Realty, metals and banks were the worst hit. “The Dow closed in the red and other Asian markets too...
- News Source: The Hindustan Times | 4 months agoThe Bombay Stock Exchange Benchmark Sensex dipped below the 14,000-point mark, losing almost 310 points, in opening trade on Wednesday on heavy selling by funds in heavy-weight stocks, triggered by weak global markets. The BSE-30 share benchmark...
- News Source: Indian Express | 4 months agoThe finance minister's speech yesterday wasn't enough to convince people...Asia-Pacific shares excluding Japan was down 1.6 per cent. Nifty India stock futures trading in Singapore were down 1.2 per cent, indicating a lower opening in the domestic...
- Blog Source: deadpresident.blogspot.comWall Street is coming off the best quarter in years. The S&P 500 gained 15.2% in the April-through-June period for its best quarter since the last three months of 1998. The Dow rose 11%, posting its best three-month period since the ... Employers in
- Blog Source: www.eastrovedica.netThe Sensex is now 14043. That was to be expected, as politicians are fond of playing their cards well. This time the budget is populist, as the Railway budget was. The profitability of Railways will come down and may slip into the red. ... An India
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