It was a weak day with only the tech stocks holding up the markets. Nifty closed 54 basis points lower at 11,520 on a day supported only by tech stocks like TCS, Wipro and HCL Tech. Most of the front liners in the banking sector and the FMCG sector saw Read more [...]

While the global cues in the form of a stronger dollar and weak EM currencies continue, the rupee could breach the 71/$ mark decisively on Monday, unless the RBI really intervenes in a big way. That looks unlikely at this point of time. The big Read more [...]

The Nifty continued to be concentrated in a handful stocks driving the index up. A total of 7 out of 10 most valuable companies add Rs.76,227 crore wealth during the week. While Reliance Industries and Maruti lost value during the week, the value spurt Read more [...]