Market Wrap for 31st August, 2016

For the 3rd consecutive day NIFTY 50 rallied and made a fresh 52 week high mainly due to the banking and financial stocks. It opened marginally higher and closed around [more]

Market Wrap for 19th August, 2016

Yesterday our benchmark index Nifty 50 rallied by about 50 points, snapping two days of losses, as global sentiment got a boost after minutes of the US Fed reserve’s July [more]

Market Wrap for 17th August, 2016

After two consecutive days of rally yesterday our benchmark index Nifty fell by 29 points due to profit booking. In the first 2 hours the market was quiet, but after [more]

Market Wrap for 4th August, 2016

For the last two trading sessions Nifty 50 has been moving inside a band of 100 points. It’s immediate resistance is around 8625 and support is around 8500. It has [more]

Market Wrap for 3rd August, 2016

After few days of consolidation today the benchmark index breached its crucial support level around 8625. It dipped almost by 80 points, which suggests that there was lot of profit [more]