OIL PRICES PLAY SPOILSPORT FOR THE NIFTY

  • Achiievers

Nifty and Sensex cracked sharply on Wednesday after the Brent Crude crossed $86/bbl and the rupee weakened beyond the 73/$ mark. Bond yields were also up at 8.11% on anticipation of a RBI rate hike. All eyes will be on the Monetary Policy Committee...

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Nifty cracked by 150 points

  • Achiievers

After a tepid start, the Nifty cracked by 150 points and the Sensex lost over 550 points on Wednesday.The sharp fall in the markets was led by auto, private banking and IT stocks. While auto stocks were spooked by the weak monthly numbers, IT stocks took...

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ITALIAN CRISIS TO WEIGH ON INDIAN MARKETS

  • Achiievers

Nifty closed Monday just above the 11,000 mark. As markets return after a holiday, the Italian bond crisis will weigh on the Indian markets for now. Most EMs have taken a hit on Italian bond worries and the future of the Euro. We stay very cautious...

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Oil prices in emerging markets

  • Achiievers

With senior Italy officials openly hinting at secession from the common currency, European shares come under attack after a shock from Italian bonds. On a day when the Indian financial markets were shut, the European stocks came under attack after a surprisingly...

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MARKETS TO STAY UNDER PRESSURE ON RBI POLICY

  • Achiievers

The Nifty and the Sensex may face 11,000 as the immediate resistance as the monetary policy later this week could be a major overhang. Status quo on rates could be the good news for the markets. Our caution over NBFCs, HFCs and realty stocks continue...

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Will 11,000 be the new resistance for the Nifty

  • Achiievers

Will 11,000 be the new resistance for the Nifty will be the big question for them as the Nifty settled below the mark last week at 10,930. The markets last week reacted negatively to the US Fed rate hike but the bigger worry was that the problem of lack...

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Weekly Capsule (Sep 24 – Sep 28) and Impact Analysis

  • Achiievers

News Announcement Impact Analysis Fed hiked rates by 25 basis points in its 26th September meet This was largely along expected lines as the CME Fed Tool was already indicating a 95% probability of a rate hike This will impel the...

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Nifty once again dipped below

  • Achiievers

Nifty once again dipped below the 11,000 mark on Thursday as F&O expiry saw positions in financials being unwound. Nifty got jittery after Fed rate hike of 25 basis points. The markets reacted in a jittery manner to the liquidity crunch likely to...

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