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market-commentory



1.57 PM : market extended gains in afternoon, with the Nifty reclaiming 10,600 levels


May 25, 2018 | market-commentory | | Comments Off on 1.57 PM : market extended gains in afternoon, with the Nifty reclaiming 10,600 levels

European stocks are higher, as market participants’ fears were calmed by North Korea’s response to President Donald Trump’s decision to cancel a landmark summit. The pan-European Stoxx 600 was up around 0.4 percent, with almost all sectors and major bourses in positive territory, reports CNBC. The market extended gains in afternoon, with the Nifty reclaiming […]

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12.58 PM : Sensex rising around 150 points while the Nifty Midcap index extended rally


May 25, 2018 | market-commentory | | Comments Off on 12.58 PM : Sensex rising around 150 points while the Nifty Midcap index extended rally

The market held on to morning gains, with the Sensex rising around 150 points while the Nifty Midcap index extended rally, rising nearly 1.5 percent. Auto, technology, select metals and banking & financials stocks continued to support the market while SBI, which dragging the PSU Bank index, declined over 1.5 percent. Sun Pharma fell nearly […]

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11.28 AM: Benchmark indices are trading near day’s high


May 25, 2018 | market-commentory | | Comments Off on 11.28 AM: Benchmark indices are trading near day’s high

Benchmark indices are trading near day’s high, with the Sensex rising 183.13 points to 34,846.24. It was driven by technology, banking & financials, auto and metals (barring Vedanta) stocks. The 50-share NSE Nifty gained 55 points at 10,568.90 while the Nifty Midcap index outperformed frontliners, rising a percent. About three shares advanced for every two […]

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10.27 AM: Index might be showing signs of fatigue thanks to weak global cues


May 25, 2018 | market-commentory | | Comments Off on 10.27 AM: Index might be showing signs of fatigue thanks to weak global cues

The index might be showing signs of fatigue thanks to weak global cues but Nifty50 is unlikely to retest lows made in the month of March and that should come as a respite to trades, Laurence Balanco, Global Technical Analyst at brokerage firm CLSA said in an interview with CNBC-TV18. The index has fallen over […]

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9.25 AM: Market opened mildly higher on the last day of week


May 25, 2018 | market-commentory | | Comments Off on 9.25 AM: Market opened mildly higher on the last day of week

Benchmark indices opened mildly higher on the last day of week, backed by technology stocks. The 30-share BSE Sensex rose 63.47 points to 34,726.58 and the 50-share NSE Nifty gained 16.10 points at 10,530. GAIL, Infosys, TCS, Yes Bank, Asian Paints, IOC, Bajaj Finance, Indiabulls Housing, Hindalco and HPCL are early gainers. Vedanta, ITC, ONGC, Bharti Airtel, SBI, IndusInd […]

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