at the very Core of it all … is Content!
10th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline Mkt sheds gains on weak European cues, profit-booking The Indian equity market ended near the day’s low on Wednesday erasing the day’s gains on weak European cues and profit-booking at higher levels. The Nifty barely managed to close above the 5800 mark …
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 …
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 …
The Indian equity market extended its rally for the fourth straight session even though the global rating agency Standard & Poor’s (S&P) affirmed BBB- rating for India with a negative outlook. Capital goods stocks which were underperformers in the current rally staged a comeback. Market buzz is that the government may kick-start activities to push …
The equity market ended Tuesday with marginal gains after Monday’s profit booking. The indices, which opened with a positive gap, managed to build momentum in the first half of the day. However, it slipped from the day’s high after the wholesale inflation data for April trickled in. Market participants seemed to have already factored in …
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 …
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 world markets may be heaving a sigh of relief following the developments in Cyprus. However, the Indian equity market ended in the red reversing all its early gains on Monday after media reports stated that Samajwadi Party may pull the plug on the UPA government. Samajwadi Party chief Mulayam Singh was quoted as saying …