Tag «Sensex»

Celebrations continue…Sensex closes at a new high

30th October, 2013 : Comments by Amar Ambani, Head of Research, India Infoline    The festive season seems to be getting better and better as the BSE Sensex managed to re-conquer the 21000 mark yet again and end at an all time closing high on Wednesday. The momentum continued for the second straight day post …

Sensex, Nifty slips ahead of RBI policy meet

28th October, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services comp any) After consolidating in a narrow trading range in the past couple of trading sessions, the Indian equity market slipped on Monday ending near days low on fears that the Reserve Bank of India (RBI) Governor …

Sharp recovery: Sensex, Nifty erase day’s losses

7th October, 2013 : Comments by Amar Ambani, Head of Research, India Infoline The Indian equity market ended flat on Monday with the NSE Nifty managing to sustain above the 5900 mark once again. After opening with a negative bias and slipping sharply, markets took a sharp turn and bounced back taking support at its …

October starts well…Sensex, Nifty clock gains

1st October, 2013 : Comments by Amar Ambani, Head of Research, India Infoline    The US shutdown notwithstanding, the Indian equity market started off the month on a high with the NSE Nifty and the BSE Sensex registering healthy gains amid better than expected monthly auto sales numbers. After two days of sharp decline the …

Sensex, Nifty slump ahead of CAD data

30th September, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  The Indian equity market ended with sharp losses on Monday extending its losing streak to second straight trading session. In the past two days the NSE Nifty has lost nearly 200 points as investors faced the growing likelihood of a shutdown of …

Marginal losses for Sensex, Nifty ahead of F&O expiry

25th September, 2013 : Comments by Amar Ambani, Head of Research, India Infoline The Indian equity market ended with marginal losses ahead of F&O expiry amid late recovery witnessed in the scrips across the board. The rebound was on the back of long rollovers seen in the telecom, metals and the capital goods stocks. Among …

Lull after the storm; Sensex, Nifty end flat

24th September, 2013 : Comments by Amar Ambani, Head of Research, India Infoline After sharp falls in the past two trading sessions, the Indian indices ended on a flat note on Tuesday. For a brief while the NSE Nifty surged past the 5930 levels. However, the gains were short-lived as selling pressure was witnessed at …

Inflation rises; Sensex, Nifty shed all their gains

16th September, 2013 : Comments by Amar Ambani, Head of Research, India Infoline After a strong start, the Indian equity market ended in the red erasing all its early gains after the WPI inflation rose at the fastest pace for six months in August, driven by an 18% jump in food prices. The inflation surged …

Sensex Syriad…Nifty sinks 4%

3rd September, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  It was a terrifying Tuesday on Dalal Street as the Nifty and Sensex erased almost three days of gains. The sell-off was so massive that benchmark indices, specially the BankNifty crashed 5.5% as the Indian currency once again breached the Rs68 per …