The rally in the Nifty was led by Axis Bank and ICICI Bank with short covering on both these counters taking the markets higher on the weekly expiry of the Bank Nifty. The trend may not really sustain. There is a bigger worry for the world markets Read more [...]

It was a day when the Nifty was led by oil stocks and banking stocks as the Nifty crossed the 11,450 mark. With the rate hikes being front-ended in August and the US holding status quo, the Indian markets are breathing more freely. With oil stabilizing Read more [...]

The Nifty did make a brief dash for 11,500 but stopped short at 11,450, just slightly shy of the mark. Big Oilcos like ONGC and Reliance-led the rally on Wednesday even as select pharma stocks came under pressure. A/D ratio was sharply positive in the Read more [...]