The Nifty bounced by over 237 points on Friday

  • Achiievers

Friday was the day of normalization with the Nifty, rupee and the bond yields showing return to stability. The Nifty bounced by over 237 points on Friday on the back of short covering support from traders. The markets also go some boost from the RBI promising...

  • 0 Comments
  • Share to Facebook
Read More

DON’T READ TOO MUCH INTO NIFTY BOUNCE

  • Achiievers

The sharp bounce on Friday may be largely misleading considering that the situation on the geopolitical front appears to be worsening after the US threatened sanctions on Saudi Arabia. This could alter the equations in the Middle East. The rupee...

  • 0 Comments
  • Share to Facebook
Read More

Nifty cracked by nearly 235 points

  • Achiievers

On October 11th, the Nifty effectively erased all the gains since the beginning of 2018. Nifty cracked by nearly 235 points as US treasury yields, Italian bond crisis and a China slowdown combined to spook the markets. The Sensex has lost 5000 points...

  • 0 Comments
  • Share to Facebook
Read More

NIFTY ERASES ALL GAINS OF YEAR 2018

  • Achiievers

After the deceptive bounce on Wednesday, Thursday saw the Nifty again going into losses in a big way. This time it was all about global cues as US Treasury yields and Italian bonds came back to haunt the global markets. The weak rupee continues...

  • 0 Comments
  • Share to Facebook
Read More

The Nifty bounced back

  • Achiievers

The Nifty bounced back on the SBI support for NBFCs, but global markets have taken deep cuts on Thursday. Rate-sensitive sectors like banks, NBFCs, automobiles and really drove the market higher on Wednesday. The Nifty rallied by close to 160 points on...

  • 0 Comments
  • Share to Facebook
Read More

NIFTY WEAKENS CLOSER TO THE 10,300 MARK

  • Achiievers

The Nifty bounce on Monday was not sustained as it corrected closer to the 10,300 levels on Tuesday. The Nifty has lost nearly 13% from its peak and now downsides appear to be open till the 9700 levels. The weak rupee should continue to be a big...

  • 0 Comments
  • Share to Facebook
Read More

The trigger was the JLR shutdown

  • Achiievers

The trigger was the JLR shutdown but auto and consumer stocks were weak across the board. The 47 point correction in the Nifty can be attributed to auto and consumer stocks. Tata Motors ended 13% down after Jaguar Land Rover (JLR) announced that it would...

  • 0 Comments
  • Share to Facebook
Read More

NIFTY BOUNCE MAY BE MISLEADING

  • Achiievers

The Nifty bounce on Monday may be largely misleading as it was in the midst of a volatile day. The sectors like metals and banking are likely to stay under pressure on global slowdown concerns. With the RBI likely to impose additional maturity...

  • 0 Comments
  • Share to Facebook
Read More