Tag «Auto»

Manic Monday! Nifty just afloat 5400 levels

19th August, 2013 : Comments by Amar Ambani, Head of Research, India Infoline   Manic Monday! Nifty just afloat 5400 levels The bear onslaught continued on day two, with the Nifty losing another 93 points led by a weakening rupee. The Nifty barely managed to hold on to the 5,400 mark. The Indian currency weakened to …

L&T, RIL weigh down Sensex, Nifty

22nd July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline The Indian equity market ended Monday on a flat note as benchmark indices struggle to find any specific direction throughout the day. After opening with a negative gap in early trade, the markets did manage to stage a smart comeback. However, sentiment …

Rate cut hopes help Sensex close above 20,000

15th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline   The Indian equity market started off the week with smart gains. The Nifty managed to sustain above the 6,000 mark for the second consecutive trading session while the Sensex closed above the 20,000 mark for the first time since May 30. …

Profit booking sets in; Re near 60/$

2nd July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Profit booking gripped the benchmark indices today after three days of consecutive gains. Every time the bulls tried to bounce back, a deluge of selling pressure stemmed their tide. Negative vibes from the European equity market also proved to be a dampener. …

Shanghai Surprise: Market does a trapeze on China concerns

25th  June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Shanghai Surprise: Market does a trapeze on China concerns The benchmark indices closed off the day’s high on Tuesday amid huge volatility. It opened flat, bounced back, but failed to sustain thrice. However, a strong opening in Europe and a recovery in …

Mkt shrugs RBI policy, European cues power Nifty to 5850

17th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) The indices started the week with smart gains extending its upswing for the second consecutive trading session. Ahead of the Reserve Bank’s monetary policy, the market traded flat with a slight negative bias. However, the benchmark …