Analyst View

Stock Mkts Likely To Be Volatile On Monday, Says Vishwas Agarwal

Nifty’s Opening On Thursday May Depend Upon Global Signs, Says Avinash Gupta

 Nifty Is Consolidating In 2,650-2,550 Range, Says Avinash GuptaIndian equities on Monday (March 09) ended the day sluggishly on account of continued selling pressure, global weakness as unabated fears over further slump of US and European financial systems continued to weigh down investors response.

Realty, FMCG and realty stocks were the major losers of the day. BSE Realty, which was down by 3.21%, remained top losers among sectoral indices.

Rate Cuts By Central Bank May Help In Relief Recovery, Says Vishwas Agarwal

Rate Cuts By Central Bank May Help In Relief Recovery, Says Vishwas AgarwalIndian stock markets opened strong as the central bank slashed the repo and the reverse repo rate by 50 basis points to 5% and 3.5% on Wednesday.

The 30-share index, BSE Sensex belled the day above 8,500 mark at 8,535.03, up 88.54 points, as against its last closure in which it closed with a gain of 19.20 points (0.23%).

Among sectoral indices, the major gainers list included BSE Realty, Metal and Bankex.

Budget Announcements To Spur Stock Mkt Outlook, Says Vishwas Agarwal

Budget Announcements To Spur Stock Mkt Outlook, Says Vishwas Agarwal   Indian equities, on Friday, maintained an upbeat momentum all through the day, and closed strongly, because of positive global signals, backed by firming trends of Asian markets.

The Sensex closed at 9.634.74, up 168.91 points after touching a high of 9,695.59 and a low of 9,540.60. In contrast, the broad-based NSE Nifty gained 55.30 points at 2,948.35 after hitting a high of 2,969.75 and a low of 2,896.85.

BSE Midcap and Smallcap index rose 1.51% and 0.62% respectively

Strong Global Signals Spur Sensex To Gain 210 Pts

Strong Global Signals Spur Sensex To Gain 210 Pts The Bombay Stock Exchange (BSE) benchmark Sensex closed the week strongly on account of strong global signals amid expectations of more sops and stimulus plans in the forthcoming interim budget to be declared on February 16.

Heavy buying activity seen across refinery, metal and bank stocks assisted Sensex to make a hefty gain of 210 points (up 2.31%) to end at 9300.86.

BSE Midcap and Smallcap index rallied smartly and rose 1.43% and 1.05% respectively.

It’s Important To Sustain 9,350 Level For Further Upmove, Says Vishwas Agarwal

It’s Important To Sustain 9,350 Level For Further Upmove, Says Vishwas AgarwalIndian equities, which ended positively on Tuesday (Feb 03), belled today’s session on a higher note tracking global market trends and on expectations of an US economic stimulus plan.

The 30-share index, BSE Sensex opened after gaining 76.90 points, at 9,226.20.

Heavy buying interest has emerged in the majority of segments with metal, banking and capital goods leading the gains.

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