Wall Street starts year on strong note; Nasdaq ends above 7,000

The Dow Jones Industrial Average rose 104.79 points, or 0.42 percent, to 24,824.01, the S&P 500 gained 22.18 points, or 0.83 percent, to 2,695.79 and the Nasdaq Composite added 103.51 points, or 1.5 percent, to 7,006.90.     US stocks rose in the first session of the new year and...

Asia shares eye all-time top on global growth cheer

Investors also piled into emerging market trades. MSCI's index of Asia-Pacific shares outside Japan edged up another 0.1 percent, having jumped 1.4 percent on Tuesday in its best performance since last March.    Asian stocks struck a fresh decade high on Wednesday as risk appetites...

Nifty to face resistance around 10550; 4 stocks which can give up to 14% return

For the last couple of weeks, the index had been trading in a narrow range but closer to its all-time high levels and on Tuesday, Nifty formed a bearish candlestick covering this range. It was a volatile start to the New Year 2018, with the sudden sell-off in the last hour of the trade, after...

Nifty likely to head towards 10650-10700; 5 stocks which can give up to 19% return

On the technical grounds as far we are maintaining above 10200 spot levels current trend is likely to continue towards 10650-10700 moving forward. Overall derivative data indicates long rollover to January series. Derivative data indicates bullish scenario to continue with Nifty having multiple...