Friday, 23 March 2018

Freaky Friday! Nifty breaches 10K on downside; 5 factors weighing on markets today

There was selling across the board, especially among metals, after news broke that China too had imposed import tariffs on 128 US goods.    Dragged by escalating trade tensions among global economies, the Indian market on Friday witnessed a gap-down opening, with the Nifty cracking...

What should investors do after 500-point fall on Sensex? Buy, sell or hold

It looks like Nifty is firmly in a bear grip but the good part is that we have already fallen by over 10 percent from highs; hence, the downside could remain limited.    Indian market clearly is in a bear grip as Sensex fell over 500 points in afternoon trade on Friday while the Nifty50...

We are in a ‘sell on rally’ market; Pain in the midcaps may aggravate further

Going forward, we expect the Nifty to consolidate around its 200-DMA before we could see a resumption of the downtrend.    The relief rally which market witnessed off late didn't seem to last for long as the "Sell on Rally" theme continues. Multiple triggers like the rising crude oil...

Weakness in market may continue but top 10 stocks can give up to 50% return

According to experts, the volatility is here to stay for some more time and another 4-5 per cent correction can't be ruled out.    Bears continued to be in a dominant position at Dalal Street for last two months, though bulls tried intermittently to get charged. Negative sentiment on...

Trump orders huge tariffs on China, raises trade war worries

China threatened retaliation, and Wall Street cringed, recording one of the biggest drops of Trump's presidency. But he declared the US would emerge "much stronger, much richer."    Primed for economic combat, President Donald Trump set in motion tariffs on as much as $60 billion in...

Market Update: Nifty, Sensex plunge 1.3% as 281 stocks hit new 52-week low; Hindalco, Yes Bank top losers

The market breadth was in favour of the declines with 96 stocks advancing while 1518 declined and 390 remained unchanged. On the other hand, in the BSE, 183 stocks advanced and 1802 declined and 66 remained unchanged.     The Indian equity market woke up to a nightmarish Friday...