NIFTY ENDS ALMOST FLAT ON TUESDAY

  • Achiievers

Despite negative the Nifty almost ended flat and recovered most of the losses that it had made in early trading. Ultratech and other cement companies gained after the rise in cement prices in North India. Tata Motors lost another 4% on Tuesday
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NIFTY ENDS ALMOST FLAT ON TUESDAY

  • Achiievers

Despite negative the Nifty almost ended flat and recovered most of the losses that it had made in early trading. Ultratech and other cement companies gained after the rise in cement prices in North India. Tata Motors lost another 4% on Tuesday
...

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TRADE WARS TAKES ITS TOLL ON GLOBAL MARKETS

  • Achiievers

The trade war took its toll on the US Dow and on other Asian markets and that is likely to weigh on the Indian markets. Expect a cautious start with pressure at higher levels. The INR could come under pressure today after it became clear that China
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HDFC Mutual Fund has finally got the nod for its proposed IPO

  • Achiievers

HDFC Mutual Fund has finally got the nod for its proposed IPO. It will now be the second mutual fund AMC after Reliance Mutual Fund to come out with an IPO. Currently, 58% stake is with HDFC while 38% is with Standard Life of UK. The IPO may be launched
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OPEC MEET LEADS TO STRONG NIFTY RALLY

  • Achiievers

The Nifty comfortably settled above the 10,800 mark with a 1% rally on Friday after it became clear that the OPEC was going to bring supply back into the markets. India immensely benefits from lower oil prices. The week is likely to be dominated
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Finally, there is cheer from the IMD on the monsoons front

  • Achiievers

Finally, there is cheer from the IMD on the monsoons front. IMD has projected the monsoon to bring cheer to Central India and North India in the next 2-3 days. In fact, June could see the normal monsoon onset on June 29th itself. As of the third week
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NIFTY STAYS UNDER PRESSURE

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The level of 10,800 continues to be a major resistance for the Nifty as most of the pharma stocks gave up some of their frenetic rally of the last few weeks. Oil continued to outperform the market ahead of the Vienna meet. India also retaliating
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