Nifty managed to hold on with minor losses

  • Achiievers

It was a day when the INR cracked sharply and the Nifty managed to hold on with minor losses of 13 basis points at 11,676. The tentativeness in the stock markets continued on Thursday even as the INR continued its correction. The correction could have...

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NIFTY CONTINUES ITS SPURT TOWARDS NEW HIGHS

  • Achiievers

The Nifty showed strength even as the INR showed signs of stabilizing at around the 70/$ mark. Metal stocks led the rally on Tuesday even as Reliance and Maruti added a lot of heft to the market. With the Brent crude prices getting close to $77/bbl,...

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NIFTY WEAKNESS CONTINUES ON RUPEE WOES

  • Achiievers

The Nifty did manage a late recovery on Thursday although it was still in negative territory as the rupee weakening to around 70.85/$ spooked the equity markets. Being the last day of the week, markets are likely to be under pressure. The big story...

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NIFTY CORRECTS ON WEAK RUPEE CUES

  • Achiievers

The Nifty corrected close to half a percentage point on Wednesday after the rupee showed signs of weakness. Stocks like Reliance Industries, that had led the rally, saw a sharp correction. Expect pressure on markets at higher levels. Even as Brent...

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sanity returned to the Nifty

  • Achiievers

Finally, some sanity returned to the Nifty on Wednesday. Nifty corrected 40 basis points on Wednesday to close at a level of 11,692. Even as oil counters like ONGC and GAIL were among the top gainers during the day, some of the leaders of the recent rally...

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NIFTY CONTINUES ITS SPURT TOWARDS NEW HIGHS

  • Achiievers

The Nifty showed strength even as the INR showed signs of stabilizing at around the 70/$ mark. Metal stocks led the rally on Tuesday even as Reliance and Maruti added a lot of heft to the market. With the Brent crude prices getting close to $77/bbl,...

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Nifty gained 40 basis points on Tuesday

  • Achiievers

Nifty gained 40 basis points on Tuesday to close at a record level of 11,738. While metal counters like Hindalco and Vedanta continued to aid the rally, the late thrust came from heavyweights like Reliance Industries and Maruti. The A/D ratio was skewed...

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SHORT COVERING HELPS SHARP RALLY IN NIFTY

  • Achiievers

The Nifty closed within striking distance of the 11,700 mark on Monday as a mix of short covering across counters took the markets up sharply. Metals and power were the gainers as a tempered Fed statement helped sentiments. With the Turkish Lira...

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