Tag «Amar Ambani»

Healthy recovery…Nifty reconquers 5,400 mark

22nd August, 2013 : Comments by Amar Ambani, Head of Research, India Infoline Healthy recovery…Nifty reconquers 5,400 mark The Indian equity market, for the first time in four days, showed some signs of a recovery with the Sensex shutting shop above the 18,000 mark while the Nifty reconquered the 5,400 mark once again. This, despite …

On a roll…Nifty re-conquers 5900

11th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline    It was a solid day of trade today as the Sensex closed above 19,650 while the Nifty ended above 5,900 mark. No change in the Federal Reserve’s bond-buying program, which has kept long-term interest rates low and encouraged more borrowing and …

Mkt sheds gains on weak European cues, profit-booking

10th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Mkt sheds gains on weak European cues, profit-booking The Indian equity market ended near the day’s low on Wednesday erasing the day’s gains on weak European cues and profit-booking at higher levels. The Nifty barely managed to close above the 5800 mark …

Tight range: Sensex, Nifty end with gains

9th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline Tight range: Sensex, Nifty end with gains It was a choppy Tuesday session with the benchmark indices trading in a narrow range. The Nifty traded in a tight band of 30 points while the same for the Sensex was 100 points. The …

Fed rollback jitters give Indian markets a shiver

8th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Fed rollback jitters give Indian markets a shiver ­The Indian equity market started the week off on a negative note with the Nifty once again shutting shop below the 200 Daily Moving Average. Weakness in Asian markets dragged the benchmark indices to …

5800 again; Nifty ends above 200 DMA

4th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  5800 again; Nifty ends above 200 DMA The Indian equity market ended on a solid note on Thursday. In fact, it closed near the day’s high with the Nifty surging past the 5,800 mark and also its 200 Daily Moving Average. The …

Falling Re, rising crude sink Nifty below 5800

3rd July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Falling Re, rising crude sink Nifty below 5800 The Indian equity market ended in the red, extending its losing streak to the second consecutive day. It started weak and continued that trend with the surfeit of negative news. Any signs of a …

With reforms in the saddle, bulls retake D-Street

1st July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  What a start to the week! After enjoying a fantastic Friday, the Indian equity market continued its winning streak on Monday with the Nifty ending a shade below the 5900 mark. The Sensex managed to close above the 19,500 mark at 19,577, …

Fantastic Friday! Sensex rallies 520 points on reform boost

28th  June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline. The equity market stunned participants on Friday with the Nifty rallying 170 points and Sensex surging over 500 points on the back of government reform initiatives. The government said it would double natural gas prices from the current $4.2 mmBtu (million British …