Market Wrap

Nifty close 10030.00: From the last two months the market is witnessing continuous sell off. This is the 1750 (approx) points correction from the beginning of the September month. We have previously mentioned that the prolonged weakness in the rupee,...

Nifty close 10472.50: This week Nifty traded in a range bound zone. Thursday trading session was the shock for the traders but On Friday Nifty recover the 238(approx.) points. RBI liquidity injection and fall in crude prices push the market...

Nifty close 10263.75: This is one of the sharpest corrections the market has ever witnessed. Every macro and micro factors are working against the index. Rupee is depreciating, crude oil is trading at its 4year high and sharp rise in...

Nifty close 11143.10: Friday’s market could be a night mare for the stock market participant. On this day Nifty nearly crashed 400 points and it went below 10900 mark but swiftly recovered from that level and managed to close above...

Nifty close 11522.70: Last week we have witnessed nearly 500 points correction in the benchmark index. But in the Friday’s trading session the index manages to give a close above 11500 which is very good sign for the index. Depreciation...

Nifty close 11589.1: Nifty had witnessed some correction in the first half of the week due to the rupee weakening even after intervention of the central bank. However on Thursday the bulls finally came out and resulted in the formation...

Nifty close 11675.65: Despite Rupee trading in a life time low level Nifty continues making higher highs and higher lows. Just like the previous week this week also Nifty closes by making a Doji in the daily chart. But beginning...

Nifty close 11557.10: Nifty made a Doji candle in the daily chart where the indicator RSI showing negative divergence. We have seen that Nifty has made a new high (approximately 11612.15) in this week (Previous high was 11495.20). The week...

Nifty close 11470.75: After a little correction nifty again back to its lifetime high (presently at approx..11459.95). This week Nifty has been range boundfor the index. Monday nifty gave a gap down opening of 50 points (approximate) which made the...

Nifty close 11429.50: Index this week ends in a negative note. A bearish candle in the overbought level. However, Index climbed up approximately 70 points this week. Index reacted with bad company results and other macro factors. In the weekly...

Nifty close 11278.35: Nifty trading at its record high. Most of the heavy weight companies’ quarterly result has been positive, except this FIIs has also shown positive approach by investing a lump sum amount in the Indian Equity market. Momentum is...

Nifty close 11010: The index closes above 11000 level. In the last week Nifty gave a very bullish move and crossed 11000 level with high momentum. But this week has been different for the index, company results and fall in...