Time to invest but use cash in phased manner ahead of elections

Bulls reclaimed lost glory on Friday as the S&P BSE Sensex rallied by over 150 points after two days of decline but failed to close above 39,000, while the Nifty50 reclaimed 11,650 levels. The final tally – the S&P BSE Sensex closed 177 points higher at 38,862 while the Nifty50 rose 67 points to close…

Nifty might have made an intermediate top; stay stock specific

In a repeat of the previous session, the market opened in green and ended in the red, after volatile trading on April 4. The NiftyBank hit a record high just days ahead of the RBI MPC meet outcome that signifies that traders looked to book profits once it was announced. The final tally – the…

Skymet forecast and profit booking ahead of MPC spoil the party

A day of ups and down for D-Street. The S&P BSE Sensex and Nifty50 touched fresh record highs on April 3 supported by stable global cues, but the momentum didn’t last long as traders preferred to book profits at higher levels. The S&P BSE Sensex snapped its 4-day winning streak and fell by about 400…

Rally is not over, investors should sit tight

Indian markets are consolidating in a narrow range on April 2 but the good news is that bulls still remain in charge of D-Street. The S&P BSE Sensex closed above 39,000 for the first time while the Nifty50 closed above 11,700 for the first time since August 28, 2018. The final tally – the S&P…

Sensex hits 39K; Nifty could rally towards 13,500 in FY20

Bulls pushed S&P BSE Sensex above 39,000 for the first time to 39,115.57 while Nifty50 closed just below its record high of 11,760.20. The S&P BSE Sensex surpassed its previous record high of 38,989 registered on August 29 for the first time in history. The gains were largely led by both private and public sector…

Stellar March comes to an end with Nifty gaining 7.7%

Bulls made a stunning comeback in March as Nifty50 rallied 7.7 percent snapping three consecutive months of losing streak. The index rallied 831 points in March to record its highest level since August 2018. The final tally on D-Street – the S&P BSE Sensex rallied 127 points to close at 38,672 while the Nifty50 rose 53 points…

A blockbuster close to March series; 11,600 crucial going ahead

The Nifty not just reclaimed 11,550 but also registered a fresh 6-month closing high while Sensex rallied by over 400 points on March 28. The final tally – the S&P BSE Sensex closed 412 points higher at 38,545 while the Nifty50 ended 124 points up at 11,570. The rally was largely led by banks, and…

Profit booking, FO expiry and PM Modi’s address pulled indices lower

A complete U-turn seen in the market in late trade caught many by surprise. The Nifty50 put up a strong show in the early trade rising over 100 points on March 27 but bulls failed to keep the momentum going at higher levels.Benchmark indices wiped out some of the gains made in the previous trading…

Terrific Tuesday! Sensex back above 38,000 on value buying

Indian market recovered on March 26 after falling for three consecutive sessions. Value buying at lower levels pushed S&P BSE Sensex above 38,000 while the Nifty50 closed just a shade below 11,500 levels. The final tally – the S&P BSE Sensex closed 424 points higher at 38,223 while the Nifty50 ended 129 points up at 11,483….

Sensex gains 400 pts, Nifty above 11,450 as banks rally

<!– Market Closing Benchmark indices rebounded sharply after falling in previous two straight sessions, driven by banking & financials, and index heavyweight Reliance Industries. The BSE Sensex rallied 424.50 points or 1.12 percent to 38,233.41 and the Nifty50 climbed 129 points or 1.14 percent to 11,483.30. The Nifty Midcap index also gained over a percent but the…