at the very Core of it all … is Content!
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 …
24th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline Nifty sinks below 6,000 on RBI liquidity scorcher Yet another couple of measures by the Reserve Bank to prop the rupee in less than 10 days left the Indian equity market running for cover on Wednesday. The central bank on Tuesday after …
16th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline Terrible Tuesday! Sensex, Nifty suffer collateral damage It was a terrible Tuesday with the stock market witnessing serious collateral damage. The benchmark indices crashed in opening trade after the Reserve Bank on Monday announced measures to tighten rupee liquidity. In …
5th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline The Indian equity market managed to build on Thursday’s gains extending its winning streak to the second consecutive day. The Nifty closed above 5,850 while the Sensex shut shop above the 19,400 mark, a gain of 0.5% each. The Nifty briefly touched …
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, …
“It would by a tough policy decision to be made by RBI on Monday in weighing between accentuated growth slowdown, lower wholesale inflation on one side and stubborn food inflation, potential upside risks to inflation outlook due to rupee depreciation, heightened CAD financing risks on the other side. We think RBI has more justifiable reasons …
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 …
24th May, 2013 : Mkt snaps 4-day losing streak, Nifty ends below 6K The market snapped out from its four-day losing streak on Friday shutting shop with marginal gains. However, the Nifty ended below the 6,000 mark. After Thursday’s crash, the benchmark indices opened with a positive gap following a sharp rebound in the US …
It was a highly-volatile market session with indices ending near the day’s low. This is the second straight day of losses for the benchmark indices. Sentiment was dampened after the rupee depreciated 30 paise against the dollar, touching a three-month low of 55.2975. Selling pressure further intensified as investors tracking weakness in the European markets …
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 …