Fifth straight day of fall; Nifty slips below 200-EMA

Indian market fell for the fifth consecutive day in a row on July 24 pushing Nifty below its crucial support at 200-day Exponential Moving Average (EMA) while Sensex saw a cut of more than 100 points. The final tally on D-Street – Sensex fell 135 points to 37,847 while Nifty closed 59 points lower at…

Nearly 400 stocks hit 52-week low on a volatile day

Indian markets that started off on a positive note failed to keep the momentum going as bears took control of D-Street on July 23 and pushed Nifty lower for the fourth consecutive day in a row. Sensex failed to hold on to its crucial psychological support at 38,000 weighed down by selling in HDFC twins….

Sensex holds 38K; Nifty takes support at 200-EMA

Bears remained in control of D-Street for the third consecutive day in a row to hit a fresh 2-month low on July 22. Sensex managed to hold on to 38,000 towards the close after it breached the level intraday. Nifty got support near its 200-day exponential moving average (EMA). Selling in heavyweights like HDFC twins,…

Nifty, Sensex fall to 2-month low on FII, growth concerns

Bears maintained their hold for the second week in a row as the S&P BSE Sensex, Nifty50, Nifty Bank hit fresh 2-month low on FPI worries, deficient rains, and a slowdown in growth. Finance Minister Nirmala Sitharaman’s statement on FPI surcharge which was part of budget proposals dashed hopes of foreign investors which were looking…

Indices end at 2-month low, Sensex sinks 560 pts, Nifty holds 11,400

<!– Earnings Yet to be Announced today Reliance Industries, L&T Finance Holdings, InterGlobe Aviation, L&T Technology Services, ICICI Lombard General Insurance Company, Bhageria Industries, Mahindra CIE Automotive, Indbank Merchant Banking Services and Tokyo Plast International will announce June quarter earnings later today. –> Earnings Yet to be Announced today Reliance Industries, L&T Finance Holdings, InterGlobe Aviation, L&T…

Nifty Bank slips below 30,000 for 1st time in last 2 months, Sensex sinks 500 pts

<!– Reliance Jio Pips Airtel to Become India’s 2nd largest mobile operator in May: TRAI Reliance Jio, the newest entrant in the telecom sector, has piped Bharti Airtel to become the second largest mobile operator with 32.29 crore subscribers and 27.80 percent market share in May, according to regulator TRAI's data. As per the latest data…

Bears tighten grip, Sensex tanks 500 pts; NTPC, TCS, Titan outshine

<!– Sensex Falls 500 pts: Bears tightened their grip on Dalal Street with the Sensex falling 496.53 points or 1.28 percen to 38,400.93 and the Nifty50 declining 153.60 points or 1.32 percent to 11,443.30. About more than three shares declined for every share rising on the BSE, –> Sensex Falls 500 pts: Bears tightened their grip on…

Market Live: Sensex tanks 400 pts, Nifty below 11,500; 350 stocks at 52-week low

<!– Reason For Sharp Correction in Equity Market – FM dashes hopes of a tweak in FPI surcharge Foreign portfolio investors (FPis) should consider the option of structuring themselves as companies rather than trusts to avoid paying the increased surcharge announced in Budget 2019, Finance Minister Nirmala Sitharaman said, in a discussion on the Finance…

Market Live: Bears on rampage; Sensex tanks 350 pts, Nifty breaks 11,500

<!– Reason For Sharp Correction in Equity Market – FM dashes hopes of a tweak in FPI surcharge Foreign portfolio investors (FPis) should consider the option of structuring themselves as companies rather than trusts to avoid paying the increased surcharge announced in Budget 2019, Finance Minister Nirmala Sitharaman said, in a discussion on the Finance…