Market Update

Market View: 23-27 APR 2018

Filed in Market Update by on April 23, 2018
Market View: 23-27 APR 2018

  Week Market View: 23-27 APR 2018 View Last week he NIFTY closed at 10564 registering a gain of 0.80% over previous week. The gain was as predicted in the last market view. Phenomenal earnings growth from TCS, good amount of buying from the DII’s and a good monsoon prediction boosted positive sentiments. Technically, the […]

Continue Reading »

Market View: 16-20 APR 2018

Filed in Market Update by on April 16, 2018
Market View: 16-20 APR 2018

  Week Market View: 16-20 APR 2018 View Last week the NIFTY closed at 10480.60 registering a gain of 1.44% compared to previous week. This was as predicted in the last market view. This week would keep us busy on two fronts i.e. the earnings season and the political tensions in Syria. The earnings season […]

Continue Reading »

Market View: 9-13 APR 2018

Filed in Market Update by on April 9, 2018
Market View: 9-13 APR 2018

  Week Market View: 9-13 APR 2018 View Last week the NIFTY closed at 10331.60 registering a gain of 2.15% over previous week. Lower inflation and a higher GDP prediction for the current financial year created positive sentiments. The NIFTY has finally come out of the narrow down trending channel between 10250 and 9800. The […]

Continue Reading »

Market View: 2-6 APR 2018

Filed in Market Update by on April 1, 2018
Market View: 2-6 APR 2018

  Week Market View: 2-6 APR 2018 View Last week the NIFTY closed at 10113.70 registering a gain of 1.16% over previous week. The week recorded a positive weekly close since the weekend of 26th JAN which is a positive sign. During the last financial year 2017-18, the Sensex rallied 10% overall keeping the bull […]

Continue Reading »

Market View: 26-30 MAR 2018

Filed in Market Update by on March 26, 2018
Market View: 26-30 MAR 2018

  Week Market View: 26-30 MAR 2018 View Last week the NIFTY closed at 9998.05, well below the psychological mark of 10,000 since OCT 2017. It registered a loss of 1.93% over previous. This was as predicted the last week and it was good that we all stayed away from the markets. The main reason […]

Continue Reading »

Market View: 19-23 MAR 2018

Filed in Market Update by on March 19, 2018
Market View: 19-23 MAR 2018

  Week Market View: 19-23 MAR 2018 View Last week the NIFTY closed at 10195.15 registering a loss of 0.31% over previous week. It closed below the all-important support levels of 10200 which is not a good sign in the short term. There has been some heavy selling from the FII’s and more importantly the […]

Continue Reading »

Market View: 5-9 MAR 2018

Filed in Market Update by on March 5, 2018
Market View: 5-9 MAR 2018

  Week Market View: 5-9 MAR 2018 View Last week the NIFTY closed at 10458.35 registering a loss of 0.31% over previous week. The fall could be attributed to the prevailing weak global sentiments and also the ongoing negativity on the banking fraud. In the last couple of months we have seen some heavy buying […]

Continue Reading »

Market View: Week Starting 26th FEB 2018

Filed in Market Update by on February 26, 2018
Market View: Week Starting 26th FEB 2018

  Week Market View: Week Starting 26th FEB 2018 View Last week the NIFTY closed at 10491 registering a gain of 0.37% over previous week. There was buying happening across different sectors with Pharmaceuticals and Metals leading the race. Strong global cues aided the up move further. The only worry being the United states imposing […]

Continue Reading »

Market View: 19-23 FEB 2018

Filed in Market Update by on February 19, 2018
Market View: 19-23 FEB 2018

  Week Market View: 19-23 FEB 2018 View Last week the NIFTY closed at 10452, almost the same closing as previous week. The global scenarios were positive, the US index rallied but the PNB fraud case offset all the positive global cues. The NIFTY daily chart shows bearish engulfing candle which means that the markets […]

Continue Reading »

Market View: 11-16 FEB 2018

Filed in Market Update by on February 11, 2018
Market View: 11-16 FEB 2018

  Week Market View: 11-16 FEB 2018 View Last week the NIFTY closed at 10455 registering a loss of 2.84% over previous week. In the last couple of weeks the markets have corrected around 5.5% which has very much aligned them with earnings and economic growth. The markets had run ahead of the micros and […]

Continue Reading »