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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....
The markets hit the upper freeze limit of 20% and trading had to be called off for the day. Almost every stock that constituted the Nifty and the Sensex rose 20% on that day. Buying was mainly by Call writers of 3900 + strikes in Nifty who had to cover...
Tags: Sensex, higher level, Nifty
Last week saw the Nifty future swing wildly initially and later close on a better note. It ended the week at about 3684 points as against its previous weekâs close of about 3483. However, as has been the trend in the last few weeks, the Nifty future...
Tags: nifty futures, Nifty
The BSE Sensex may extend its rise to a fourth session on Tuesday as investors cover short positions ahead of the expiry of monthly derivatives, but trading will be choppy after stocks rallied 36 per cent over seven weeks. Non-ferrous metals producer...
Tags: Bombay Stock Exchange, National Stock Exchange, Biocon Group, Biocon Limited, State Bank of India, Nifty
The BSE Sensex is set to start higher on Friday after it climbed above 10,000 for the first time since Jan 7 in the previous session, on hopes the worst may be over for the world economy. "The mood has turned optimistic and foreign funds are buying.
Tags: Bombay Stock Exchange, National Stock Exchange, Akruti City, Nifty
Correlating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the rupee...
Tags: stock market, rupee, fii, nifty
Stocks are likely to remain rangebound on Monday as global markets paint a mixed picture. Traders will remain on the sidelines given the truncated week of trade ahead. “Markets could bounce back on Monday on the basis of the positive closing in US equities,...
Indian equities markets were down in the dumps during the week just ended as investors continued to offload stocks amid worsening domestic and global economic cues, resulting in a key index dipping below its three-year low. The 30-scrip sensitive index...
The weakness was on account of weak global markets that closed much below their October lows. The local markets showed signs of gathering momentum and witnessed fresh long build-ups. The discount in Nifty futures narrowed to 5 points from 21 points during...
Tags: stock market, bse, nifty, rupee, rbi
The heavyweight stocks witnessed a sell-off throughout the session on the back of dismal global cues and ended the last day of week sharply lower. Banking, technology, metal, telecom, oil & gas and capital goods remained under pressure. Banking stocks...