Markets saw the biggest short cover in today’s trade as the weekly code call custom writers ran for the cover. The Nifty Bank surpassed the Nifty index by 0.5%, with both indices ending intraday highs at 25 1.25% / 0.75% respectively. Midcap shares such as Arvind Fashion (Hisar) ended with a gain of% 15% -20%….
Asian stocks stumbled on Wednesday, leaving early gains and investors worried that the fast-spreading coronavirus variant could hamper global economic recovery as the dollar remained stable. But European stock markets were set to open slightly higher following a sharp fall earlier in the week, ahead of a European Central Bank meeting on Thursday, which is…
As it is another day, Talal continues to take control of the street and continues to lose selling pressure on weak global notes and financial stocks. With the exception of FMCG and IT, most major sector indices today are traded with finance, metals, and realty. Moreover, another reason for the fall in the market is…
The SGX Nifty is at 15,721.20, down 40.10 points. The Nifty has seen its worst fall in more than 2 months as weak global notes, the strong US and foreign investor ETF selling have exacerbated the weakness. Bank Nifty was the main culprit as HDFC, IndusInd, and Axis Bank fell 2% after seeing selling pressure….
Domestic markets saw a big sell-off as key indices traded in negative territory throughout the day. The bank had downgraded the second Nifty index by 7 0.7% for the second consecutive trading session, with both indices falling 2% / 1.2% respectively. Midcap shares continued to trade with gains of% 10% on shares such as BSE,…
Markets saw a sluggish trading day, with key indices trading in a narrow group throughout the day. Bank Nifty was down 0.4% at 4, down 0.4%. Mid-cap stocks continued to perform well with stocks such as FSL, Nippon Life & Scient, and released an intraday rally of over% 10%. The Nifty Midcap 100 index closed…
Markets saw a positive day of trading, with key indicators setting new long-term levels throughout the day. Bank Nifty surpassed the Nifty index by 3 0.3%, with both indices up 0.7% / 0.4%. Shares of Sofa Developers, Prestige Estate, DLF & Oberoi Realty Ltd closed higher by 4% as the Nifty Realty Index closed higher…
The SGX Nifty is at 15,878.20, up 20.15 points. The Nifty had a positive day after a volatile day as lost Asian markets closed in the red. It closed 1 month high again in the style of IT stocks. In fact, both public sector companies and auto saw profit bookings because IT stocks have made…
Markets saw a positive day of trading and key indices continued to see buying momentum. Nifty Bank Nifty Index 0.3%, was 0.25% higher. The Nifty ID Index closed at a record high, rising ~ 3% after Mindtree reported better-than-expected quarterly earnings, sparking a huge rally among its ID peers. Nifty Midcap 100 index closed higher…
Markets saw a cheap trading day, with key indices trading in a narrow range throughout the day. Bank Nifty downgraded the Nifty index by 4 0.4% and both indices were down ~ 0.6% / 0.2%. Bank heavyweights topped the second consecutive trading session, with the Nifty metal index closing 2% higher. Shares of Tata Steel,…
