Tag «Sesa Goa»

Nifty ends below 5700 again, BHEL drags post Q1 nos

5th August, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  The Indian equity market ended on a flat note on Monday amid bouts of volatility during the day. The Nifty ended below the 5,700 mark for the second consecutive day. Metals, banking, IT, FMCG and telecom stocks led the gainers pack. However, …

Day 4 of weakness: HUL, ITC drag Nifty below 200-DMA

29th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline    Day 4 of weakness: HUL, ITC drag Nifty below 200-DMA  The benchmark indices extended their losing streak to the fourth straight trading session on Monday. So intense was the selling pressure that the Nifty very swiftly violated its critical 200 Daily …

Falling Re, rising crude sink Nifty below 5800

3rd July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Falling Re, rising crude sink Nifty below 5800 The Indian equity market ended in the red, extending its losing streak to the second consecutive day. It started weak and continued that trend with the surfeit of negative news. Any signs of a …

With reforms in the saddle, bulls retake D-Street

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, …

Mkt shrugs RBI policy, European cues power Nifty to 5850

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 …

4th April, 2013 : Thursday – Nifty ends below 200-DMA

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 …