Blog | NIFTY CAN EXPECT A WEEKEND BOUNCE

  • Achiievers

The speculative impact may be much lower on Friday with the next two settlements being clubbed due to holidays. Lack of speculation may ensure that markets stay higher on Friday. The total Nifty EPS for the first quarter at Rs.114 provides an annualized...

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Blog | Nifty lost close to 50 basis points

  • Achiievers

Nifty lost close to 50 basis points on Thursday on global cues. The pressure on Thursday came from the financials which looked the most vulnerable after the indications of an escalating US trade war with Turkey and also with China. The rupee tumbled to...

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ASIAN CUES COULD HOLD THE KEY TO NIFTY

  • Achiievers

As the Nifty opens after a break, the pressure of global weakness is likely to impact the markets. We also expect the weak trade data with deficit at $18 billion for July to weigh in on the market sentiments. The rupee will again be in focus and...

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stocks tumbled across the world

  • Achiievers

Nifty bounced back sharply on Tuesday with outperformance from pharma sector. The concerns over the Turkish Lira looked overdone after Sun Pharma led a revival in the Nifty on Tuesday. The market reopens on 16th after a day’s holiday for Independence...

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WEAK RUPEE TAKES ITS TOLL ON MARKETS

  • Achiievers

The Nifty corrected close to 70 basis points on Monday as the Turkish Lira led the INR down precariously close to the 70/$ mark. Banks and oil companies will continue to be under pressure on Tuesday. The key to watch will be the Indian rupee. The...

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Nifty lost 65 basis points to 11,355 levels on Monday

  • Achiievers

Nifty lost 65 basis points to 11,355 levels on Monday on currency pressures. The pressure on the Nifty came from a weak Turkish Lira which led to a 1.6% correction in the Indian rupee. The worst hit were the oil stocks followed by the banking stocks even...

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Weekly Capsule (Aug 06 – Aug 10) and Impact Analysis

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News Announcement Impact Analysis One of the most productive Monsoon sessions concluded on 10th August The Monsoon session saw important amendments to the IBC Bill as well as to the GST Bills The all important Fugitive Offenders...

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NIFTY BUOYED BY BANKS ON MONDAY

  • Achiievers

Nifty closed at an all time high level of 11,387 even as select banks like ICICI Bank, Axis Bank and SBI made smart gains during the day. Banks have recovered the losses of Thursday and more in the last couple of trading sessions. Despite the stellar...

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