Tag «Tata Motors»

Comments on market by Mr. Amar Ambani, Head of Research, IIFL – 24th May, 2013 – Mkt snaps 4-day losing streak, Nifty ends below 6K

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 …

14th May, 2013 : Market ends choppy session on a whimper

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 …

3rd May, 2013 : Hawkish RBI; bearish market

We must accept finite disappointment, but never lose infinite hope — Martin Luther King, Jr. Some disappointment was always on the cards especially after the RBI released its Macroeconomic  and Monetary Developments report in 2012-13. Friday turned out to be more of a damp squib with the Reserve Bank of India turning out a token …

23rd April, 2013 : Market cautious ahead of expiry

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 …

12th April, 2013 : Market echoes Infy woes

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 …