India`s current account deficit doubled to US$ 7.2 billion in Q2 due to higher oil prices - IIFL

Federal Reserve officials did just what the street expected; they chose to increase interest-rates and raised their forecast for economic growth in 2018. The projection for three hikes in the coming year remains intact. The European Central Bank (ECB) is widely expected to raise its growth forecasts at its meet today. Meanwhile, India’s current account deficit doubled to US$ 7.2 billion i

Nifty future daily chart has formed`Falling wedge` pattern - Enrich Commodities

NIFTY MORNING OUTLOOK

Pre-Market Thursday! Asian market positive territory Nifty50 on the SGX were trading at 10261 +39.5 points on indicating flat opening for the NSE. Equities were lower at the close on Wednesday, as losses in the Real Estate, Metals and Capital Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.

Markets to make a flat-to-cautious start on mixed global cues - LKP

Domestic Market View

Markets to make a flat-to-cautious start on mixed global cues

The Indian markets reacting to the weak macro data ended in red in the last session, with major benchmarks slipping from the day’s high and deposing around half a percent for the day. Today, the start is likely to remain

BULLS loose the momentum as NIFTY slips below 10200 level - GEPL

Key Highlights:

BULLS loose the momentum as NIFTY slips below 10200 level….

* The NIFTY opened @ 10236.60, a minor negative TICK of 4 points over Tuesday. In the early half, the Bulls had strong hold over the market so that Nifty made day’s high @ 10296.55 level. In the second half, Nifty shifted

Markets were on a roller-coaster ride today and finally settled half a percent lower - Religare Sec

Nifty Outlook

Markets were on a roller-coaster ride today and finally settled half a percent lower, citing weak macroeconomic data and caution ahead of the FOMC meet. Sentiment soured mainly in reaction to feeble IIP data and surge in retail inflation however, recovery in select index majors in the middle pared losses. It again fell sharply in last hou

The Nifty Bank index is placed in the range of 24800-24900 - Angel

Sensex (33053) / Nifty (10193)

Yesterday’s move was as good as a roller coaster ride for our market participants. After the initial hour weakness, the index gave a sudden spurt to hasten towards the 10300 mark. And then post the midsession, we saw index falling like a pack of cards. In fact, within a blink of an eye we saw index back to 10200 le

Nifty bearish engulfing candle has formed `Ascending broadening wedge` pattern - Enrich Commodities

NIFTY

Pre-Market Wednesday! Asian market negative territory Nifty50 on the SGX were trading at 10241 -15 points on indicating flat opening for the NSE.

The Nifty 50 index fell 82.10 points or 0.80% to settle at 10,240.15. The index rose 3.85 points, or 0.04% at the day’s high of 10,326.10. The index fell 92.05 points, or 0.89% at the da

Global cues are upbeat and sentiment could improve later - IIFL

The data flowing in is throwing mixed signals. On one hand, consumer prices are at fifteen-month high. At the same time, the country’s Industrial output growth in October slowed to 2.2%, compared to 4.1% during the prior month. RBI may have to upwardly revise its inflation projections; surging inflation could spell the end of the easing cycle. The Sensex and Nifty, which closed lower on T

The Nifty descended throughout the session and closed with the loss of 82 points at 10240 level - Choice Broking

Nifty Outlook

* The Nifty descended throughout the session and closed with the loss of 82 points at 10240 level.

* The equity benchmark has been trading in a channel since past few weeks and either side movement can decide the direction of the index.

* Moreover, the index has been trading above its 50 days exponential moving averag

Markets traded under pressure and lost over half a percent, after three days of rise - Religare Sec

Nifty Outlook

Markets traded under pressure and lost over half a percent, after three days of rise. Participants were in the profit taking mood from the beginning and caution ahead of the important macroeconomic data viz. IIP and CPI inflation further added to decline. Besides, they also took note of not so encouraging global cues and noticeable rise i

US markets closed higher on an expected Federal Reserve rate hike - IIFL

 While equity markets raced to multi-week highs, the spotlight definitely was on the bitcoin futures which made its debut on Monday. The jury is still out on whether the hype in the crypto currency is here to stay or not, but for now sceptics are being proven wrong for days in a row and horribly wrong. Expectations that the Modi-led BJP party will win in Gujarat, which recorded a polling o

The market has closed below the 50 DMA last to last week - GEPL

Observations:

1. As on 08.12.2017, the long term moving averages stand as below: 50 DMA @ 10206, 100 DMA @ 10078, 200 DMA @ 9714. The longer term averages, thus still remain POSITIVELY aligned. The market has closed below the 50 DMA last to last week, but has clawed back above it in the last week. Important point to note is that the difference between

Nifty has formed bullish pattern`Ascending broadening wedge` positive closing on the third day - Enrich Commodities

NIFTY MORNING OUTLOOK

Pre-Market Tuesday! Asian market mixed mood Nifty50 on the SGX were trading at 10341 -5 points indicating flat opening for the NSE.

The Nifty 50 index rose 56.60 points or 0.55% to settle at 10,322.25, The index rose 63.55 points, or 0.62% at the days high of 10,329.20. The index rose 16.40 points, or 0.16% at the days l

The Nifty Bank index underperformed the benchmark indices yesterday - Angel Broking

Sensex (33456) / Nifty (10322)

Post the gap up opening, the remaining part was quite lackluster as we saw index gyrating in a thin range and managing to hold its early morning lead to conclude almost at the highest point of the day. Clearly, it was a kind of day when we see index-balancing act and this time, IT, few Pharma and Auto names contributed i

Nifty has reached closer to its immediate resistance and upside seems capped now - Religare Sec

Nifty Outlook

Nifty traded upbeat and moved higher, in continuation to the last week’s recovery. Firm Asian markets triggered gap up start which further strengthened on the report of healthy growth in direct tax collection figure. Also, the CII’s Business Confidence Index has seen an uptick during this quarter. In line with the benchmark in

The Nifty Bank index opened gap up on Friday and rallied higher along with the broader markets - Angel Broking

Sensex (33250) / Nifty (10266)

On Friday, our markets witnessed a gap up opening following previous session recovery from sub-10100 levels and owing to favorable global cues. In fact, the index started marching right from the word go and eventually managed to extend up move to reclaim the 10250 mark.

Looking at previous session recovery, yet

The market gained more than 1 pc last week powered by a recovery of sorts in the last two sessions - IIFL

The market gained more than 1 pc last week powered by a recovery of sorts in the last two sessions. The combined market cap of eight of the top 10 firms rose by close to Rs 58,000 crore last week with HUL and Maruti Suzuki leading the show. The outlook is a positive start even as foreign investors have been net sellers or around Rs. 4000 crore in December. Few key macro numbers are expected in

Nifty daily technical chart has formed an`Ascending broadening wedge` pattern - Enrich Commodities

NIFTY MORNING OUTLOOK

Pre-Market Monday! Asian market positive territory Nifty50 on the SGX were trading at 10309 +19.50 points on indicating gap up opening for the NSE.

On Friday Nifty 50 index rose 98.95 points or 0.97% to settle at 10,265.65, The index rose 104.15 points, or 1.02% at the days high of 10,270.85. The index rose 28.55 points,