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March 07, 2017: Recruitment had been sluggish for the past three months, but February brought some relief to the jobs market with Sales professionals, FMCG and Consumer durables witnessing an 8% rise in demand reveals the latest RecruiteX, the recruitment index by TimesJobs. “Job creation growth both in volume and value terms is being driven …
11th September, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) Amar Ambani, Head of Research, at IIFL said “Continued appreciation of the currency and softening of the 10-year G-Sec yield further strengthened the positive sentiment for the banking sector. PSU banks trading near historic low valuations …
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 …
The Nifty ended below 5,700 for the first time since June 27, 2013 amid selling across sectors. This is the eight straight fall for the benchmark indices. Today’s decline was led by realty, power, metals, capital goods, FMCG and banking stocks. Even midcap and small cap stocks were under pressure. Bucking the negative trend were …
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. …
12th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline Infy beats street; Nifty closes above 6000 It was another day of stellar gains for the Indian equity market. The benchmark indices continued their upswing on day two on strong set of results by Infosys. The IT bellwether reported an about 4% …
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 …
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 …
28th May, 2013 : Nifty retakes 6100; long rollovers positive The market surged post noon on the back of cash buying in auto, oil and gas, and consumer durable stocks. Bulls will take heart that the Nifty has managed to close above the 6,100 mark. However, things didn’t look so rosy when the markets opened …
The equity market ended in the negative, snapping a four-day winning streak. Starting off the week on tepid global cues, the market was gripped by profit-booking at higher levels. Intense selling pressure was seen in pharmaceuticals, consumer durables and oil and gas space. Last week’s outperformers — banking stocks — were under pressure in today’s …