Markets recover from early loss to end on a flat

BSE Sensex closed 0.04% or 11.83 points down to end at 31209.79 from 31221.62. Sectors that trailed in the negative were Power (down by 1.23%), Sugar (-0.71%), Shipping & Logistics, (-0.64%), Banking & Finance (-0.56%), and Auto (-0.47%). Retail (up by 1.72%), Telecom (0.83%) Infrastructure (0.55%), Cement (0.54%), FMCG (0.47%) rallied on the BSE. Reliance… Read More »

Sensex, Nifty extend losses; Nifty FMCG sole gainer in trade

Benchmark indices Sensex and Nifty continued to trade in red in the afternoon trade on Thursday. BSE Sensex was trading 142 points lower at 32,334.08 and Nifty50 was 40 points lower at 10,040.70 at around 2 pm. Among sectoral indices on NSE, all sectors were in losses except Nifty FMCG (up 0.20 per cent). Nifty… Read More »

Sensex, Nifty trade in green; Nifty PSU Bank at record high

BSE Sensex was trading 161 points or 0.50 per cent up at 32,470.88 with shares of index heavy-weights such as ICICI BankBSE -1.99 %, Larsen & Toubro and SBI contributing over 140 points to the gains at around 12.50 pm. Meanwhile, Nifty50 continued trading above 10,000 at 10,056.90, up 39 points or 0.39 per cent.… Read More »

Nifty to open gap down by 7 points at 10032: Dynamic Levels

Last week Nifty Index made fresh all time high of 10115 and closed above a psychological level of 10000. However this rally may not sustain if Nifty trades below 9944 (previous day low) and small cap trades below 7700 level. FII & PRO has created a short position in last 10 days for 213259 contracts.… Read More »

Nifty to open gap down by 21.80 points at 9912: Dynamic Levels

Nifty to open gap down by 21.80 points at 9912 against yesterday’s close of 9933.80 as per SGX Nifty, says a report by Dynamic Levels. Financial services has again moved up with market at all-time high Indian Market Outlook: Yesterday, Nifty made an all-time high of 9928 and closed at 9916 after making a low… Read More »

India Inc borrowings from overseas market at $1.63 billion in June

India Inc’s borrowings from foreign sources like external commercial borrowings (ECBs) and rupee bonds stood at USD 1.63 billion in June, RBI data showed today. In June 2016, Indian companies had borrowed USD 1.07 billion from overseas markets using these instruments However, the two sets of data are incomparable as there were no rupee denominated… Read More »

Nifty to open gap up by 9 points at 9679: Dynamic Levels

Invest in multibaggers on correction in performing sectors Indian Market Outlook: On Thursday, the Indian benchmark Index Nifty traded in a very narrow range of 47 points by making a high of 9689 and a low of 9642 and closed at 9647. Bank Nifty last day made a record high of 23659 and closed at 23536… Read More »

Nifty to open gap up by 23 points at 9479: Dynamic Levels

Nifty to open gap up by 23 points at 9479 against yesterdays close of 9456 as per SGX Nifty, says a report by Dynamic Levels. Nifty at crucial juncture, FIIs remain net sellers, S&P recovers from low In the last two days of trading session of last week , FIIs have build short positions for… Read More »

Is SGX Nifty trading relevant for India?

SGX Nifty Futures volumes have been falling even before the NSE extended its trading hours. So the latest move by the Singapore exchange to extend its trading session may not impact NSE Nifty volumes at all. Following the National Stock Exchange’s (NSE) extension of trading hours, the Singapore Stock Exchange (SGX) has also extended the… Read More »