The Nifty ended almost flat on Wednesday

  • Achiievers

The Nifty ended almost flat on Wednesday, yet remained at a new high. Financials like Indiabulls Housing, HDFC, SBI and Bajaj Finserv propped up the index. The major loser in the Nifty was NTPC in the aftermath of the $2.6 billion sales of government
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Two wheeler stocks corrected sharply on price war fears

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The combination of a comfortable trust vote and reduced GST rates led to Nifty rallying to the 11,085 mark led by consumer oriented companies. Heavyweights like ITC, Maruti, Bharti and ICICI Bank resulted in the Nifty rallying sharply on Monday. The sector
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MARKETS WEAK AHEAD OF TRUST VOTE

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While the opposition may have very little chance in a trust vote, the focus may be more on the debate ahead of the trust vote. The opposition will look to corner the government on economic issues like jobs, farm distress and the deficit. The rupee
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The index slipped to the 10,957 mark in Thursday trades

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The uncertainty over the No Confidence motion on Friday and the China slowdown had its impact on the Nifty. The index slipped to the 10,957 mark in Thursday trades. One of the key drivers for the market pressure was the INR which settled beyond the 69/$
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DOLLAR STRENGTH WEIGHTS ON NIFTY

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It was a day when the dollar strength weighed on the rupee and the Nifty. With the Fed announcing strong growth guidance for the US economy, the hints are towards a stronger dollar and a weaker rupee. Trade wars are a worry too! Macros are likely
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The Nifty level of 11,000 continued to be the big resistance

  • Achiievers

The Nifty level of 11,000 continued to be the big resistance. The redeeming sector of the day was upstream and downstream oil companies even as base metal and industrial metal stocks took deep price cuts in Wednesday trading. US Fed Chief’s statement
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