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The Indian equity market ended in the negative terrain for the first time in seven trading sessions amid profit booking in the scrips across the sectors. The decline was seen despite better than expected corporate earning from the Indian corporate Inc. Barring the BSE Auto and BSE Capital Goods index all the other major sectoral …
The Nifty has re-conquered the 5,900 mark, closing the April F&O series on a high. The Sensex too shut shop above 19,400. The markets rallied in the last half an hour of trade after volume-weighted average price-based buying in banking and auto stocks lifted the Nifty nearly 60 points from the day’s low. In lay …
After rallying for five straight trading sessions, the markets took a breather on Tuesday. After opening on a flat note, the markets remained under pressure throughout the day. However, a sudden bout of buying in the last hour of trade lifted the benchmark indices from the day’s lows. But it was barely sufficient for the …
What a dreadful day for the market in general and Infosys in particular! The Indian equity indices ended with deep cuts on Friday as sentiment got hit post disappointing quarterly earning announced by Infosys. The stock plunged over 25% in a single trading session registering its biggest single day fall since April 2003. After an …
The markets started off flat but crashed into the red on bouts of selling. The Nifty has fallen for five days on a trot. Its fall below 5,500 levels is worrisome as these levels were last seen in September 2012. Dealers attribute today’s market sell-off to selling by London-based exchange traded funds. Fears of poor …
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 …
The Indian equity market further cracked on Thursday extending its downfall to the second straight trading session. The Nifty has now dropped ~170 points in last two trading session. The benchmark indices witnessed accelerated selling pressure after the Nifty breached the 200 Day Moving Average third time in the past six trading session. The index …
The Indian market although sandwiched between holidays ended with smart gains on Thursday amid short covering in the Banking, Metals, and Telecom stocks. In addition, good long rollover was witnessed in the Nifty and the Banking Nifty. After opening on a flat note, markets slipped in the early trades however as the day progressed sentiment …
26th March, 2013 : Sensex, Nifty snap losing streak to end flat The Indian equity market ended almost unchanged on Tuesday. The NSE Nifty and the S&P BSE Sensex snapped a six day losing streak amid a choppy trading session. Market traded in a narrow range with benchmark indices swinging between negative and positive zone …
The Indian equity market ended near day’s low on Wednesday amid heavy sell off seen in scrips across the sector. Market participants preferred to remain cautious ahead of the monthly inflation data to be released on Thursday. The NSE Nifty has declined by almost 130 points or 2.1% in the past three trading sessions. Today’s …