Analyst View

Stock Mkt Looks Range-Bound Awaiting Govt Decision, Says Vishwas Agarwal

Stock Mkt Looks Range-Bound Awaiting Govt Decision, Says Vishwas AgarwalAmid a cautious start, Indian equities continued to trade positively but on a flat note.

Global signals are fairly positive and there are expectations that the government will shortly declare a strong stimulus package to boost up the financial system.

Realty, consumer goods and banking stocks went up, whereas consumer durables and metal stocks turned down.

BSE Midcap and Smallcap index gained 0.65% and 0.61% respectively.

Stock Mkt Not Giving Any Indication For Sharp Fall, Says Vishwas Agarwal

Stock Mkt Not Giving Any Indication For Sharp Fall, Says Vishwas AgarwalAfter a smart opening today, Indian equities slipped into the negative terrain due to heavy selling pressure in select IT, realty, auto and FMCG stocks.

However metal and consumer goods stocks gained ground. BSE MIdcap and Smallcap index rose 0.55% and 0.27% respectively.

At 10.50 a.m., the 30-share index Sensex lost 95.21 points at 8,644.03 after hitting a high of 8,854.81 and a low of 8,620.71.

Stock Mkts May Behave Unpredictably For Some Time, Says Vishwas Agarwal

Stock Mkts May Behave Unpredictably For Some Time, Says Vishwas AgarwalIndian stock markets have declined a lot during the last 10 months and capitalists have lost faith in the equities. But the golden rule of investing still remains unbroken, that in the long run companies with well-built fundamentals and talented management will always provide handsome returns.

The existing negative reaction has taken the rate of many shares much below their fair value. These shares cannot stay at such low levels and are expected to bounce back to somewhere closer to their fair value.

BSE 10,786 Is Imp To Sustain For Further Upmove, Says Vishwas Agarwal

BSE 10,786 Is Imp To Sustain For Further Upmove, Says Vishwas Agarwal IT, pharma and select realty, consumer durables and power stocks trade strongly while the benchmark BSE index Sensex continues to languish in the negative terrain with a sharp loss on account of heavy selling activity in Reliance Industries, Reliance Communications, Bharti Airtel, ACC, Tata Steel, SBI and Grasim Industries.

At 12:28 p.m., the Sensex lost 191.25 points 10,439.87, while the Nifty stood at 3087.30, down 54.80 points.

US Elections Will Keep World Markets Stable, Says Vishwas Agarwal

US Elections Will Keep World Markets Stable, Says Vishwas AgarwalAfter opening with a loss of 33.11 points at 10,304.57, the 30-share index BSE Sensex continued to trade in a subdued manner.

IT stocks continue to languish in the red with sharp losses, and lost 6.12%, while realty, PSU, banking and FMCG stocks saw buying interest.

The BSE Midcap and Smallcap index gained 0.62% and 0.88% respectively.

At 12:59 p.m., the 30-share index lost 52.47 points at 10,285.21, after hitting a high of 10,387.19 and a low of 10,116.22.

Stock Mkt Awaits Encouraging Development For A Sustainable Rally, Says Vishwas Agarwal

Stock Mkt Awaits Encouraging Development For A Sustainable Rally, Says Vishwas AgarwalThe 30-share index BSE Sensex, on Wednesday (Oct 29), belled the day on a positive note on account of heavy buying action by funds on strong worldwide signals.

But, after staying high up in the positive zone for about half an hour, the stock market reversed trend and plummeted into negative in mid morning trade.

After witnessing a volatile session, Sensex finally closed marginally higher, due to settlement of October F&O series.

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