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]