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Bear

Shares erase early gains as Europe slips in red; BSE Sensex outperforms China, Brazil peers year-to-date; Infosys sheds more after a disappointing Q1 report card Markets snapped a four-day winning streak and closed 0.3% lower after touching their highest level in nearly two-and-a-half years on Wednesday, taking cues from European markets which slipped in the [...]

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The benchmark Nifty retreated nearly all its Tuesday’s gains and closed below 5250 level, dragged by oil & gas, financial, metal, auto, realty and select infrastructure companies’ shares. This pull down was mainly led by negative global cues. European markets like CAC, DAX and FTSE were trading 1.2-1.5% lower and US index futures like Dow [...]

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Nifty can touch 4,800-4,900 levels: Edelweiss Cap

by free stock tips Stock-News

The Nifty can touch 4,800-4,900 levels, said Naresh Kothari, President, Edelweiss Capital, in an exclusive interview to CNBC-TV18. “We don’t see it going much below that.” He sees support for the Sensex at 16,000 levels. Kothari expects the markets to trade rangebound for the next three months. “Edelweiss house view is that the markets will [...]

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Markets drop 0.6%; autos buck trend

by free stock tips Nifty

By 11:38am, the 30-share BSE Index was trading down 0.56% at 17,459.92 points, with 25 of its components declining Indian shares shed 0.6% on Monday, with export-driven outsourcer Infosys Technologies among the big losers on weaker-than-expected US economic growth and debt troubles in the euro zone. China’s tightening moves and a survey that showed India’s [...]

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Markets end 0.4%; Satyam, telcos gain

by free stock tips Nifty

The 30-share BSE index ended up 77.23 points at 17,202.45, with 12 stocks gaining Indian shares rose 0.4% on Thursday as strong European peers and expectations for robust industry output data on Friday lifted investor appetite for risk and helped the market recoup early losses. Leading telecoms Bharti Airtel and Reliance Communications were among the [...]

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Nifty closes near 4950; IT, capital goods down

by admin Nifty

Equities bounced back from intraday lows but ended in the red Friday on fears of financial crisis in Dubai. The decline was led by losses in IT, capital goods and metals space National Stock Exchange’s Nifty ended at 4942.40, down 63.15 points or 1.26 per cent. The index touched an intraday low of 4806.70 and [...]

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Markets extend losses to 2%; banks lead fall

by admin Nifty

Indian shares extended losses to 2% on Thursday afternoon, with banks leading the fall. “Trade will be lacklustre until the second half when we will see more action as derivatives contracts expire today,” said Vaibhav Sanghavi, director of Ambit Capital. Reliance Industries, which has the most weight in the index, slipped 0.3% to 1,093.45 rupees [...]

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Markets bearish, but FM bullish

by free stock tips Nifty

Sharpest correction in the rally that started on 9 March continues as Sensex, Nifty fall in six successive sessions Indian equities fell for the sixth trading session in a row as part of the sharpest correction in prices since the local stock market bounced off its lows on 9 March. A late afternoon sell-off on [...]

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Sensex falls by 1.58% on weak global markets

by free stock tips Nifty

The 30-share BSE Sensex ended lower by 139.49 points at 8,674.35 and the 50-share NSE Nifty closed 35.25 points down at 2,678.55 The BSE index ended 1.58% down as markets continued to trade weak after investor hopes of further rate cuts ended when the Prime Minister’s economic panel announced that Reserve Bank of India is [...]

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Sensex sheds 511 points; RIL closes lower by over 12 pc

by free stock tips Nifty

Snapping its five-day winning streak, the stock market benchmark Sensex today dropped by over 500 points, even as other Asian bourses gained on expectations that President-elect Barack Obama will bring about changes in the crisis-ridden US economy.The 30-share Sensex closed the day at 10,120.01 points, lower by 511.11 points, or 4.81 per cent, mainly due [...]

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