Tag «Capital Goods»

Happy Days ahead? – Rajesh Agarwal Jindal

We expect the Indian bourses to open on a positive note following end of military drills by Russia near the Ukrainian border. Moreover,FIIs’ buying on Friday signals that the markets may again be heading for the green zone. Markets may make good some of the losses seen last week on increased value buying by foreign …

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. …

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, …

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 …

13th May, 2013 : April deficit shocks, mkt shivers

After hitting a new calendar year high and surging past the 6100 mark in Saturday’s special trading session, profit-booking gripped the Nifty. It fell sharply in trade today registering its biggest intra-day percentage fall since May 8, 2012. Higher-than expected trade deficit numbers for April was all that the markets needed to free fall – …

5th April, 2013 : Sell-off continues; Sensex, Nifty lie low

The crack gets bigger and bigger for the Indian equity markets as the downfall further extended to third straight trading session on Friday. Reports stated that continues offloading by the India-focused exchange-traded funds (ETFs) further dragged the benchmark indices lower. These funds were reportedly facing strong redemption pressure. The NSE Nifty has now dropped over …