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 »

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 »

Singapore Exchange welcomes NHAI inaugural Masala bond listing

Hailing NHAI’s debut Masala bonds listing, Singapore Exchange said today it has offered investors an opportunity to partake directly in India’s growth story through offshore Indian-rupee bonds. NHAI raised Rs 30 billion in the largest-ever issuance of Masala bonds with a five-year tenor at a coupon rate of 7.3 per cent, which was priced at… Read More »

500, 1000 Rs Notes Declared Illegal in India, SGX Nifty Crashes

SGX Nifty is now 74 points down. – From being 50 points higher, SGX Nifty has dropped by 50 points now. Tomorrow, Indian markets may witness a negative session no matter how global markets trade. – All Indian banks will be closed tomorrow. It is unclear if stock markets will function in such a situation.… Read More »