Sunday, 13 May 2018

Split exit poll result verdict to keep traders on edge on D-Street

Ahead of the results, the Nifty managed to close above 10,800 levels for the fourth consecutive day in a row and any disappointment at current levels could result in a kneejerk reaction on D-Street which could take Nifty 50 towards 10,600 and lower.     The D-Street is factoring a favourable...

Ahead of Karnataka verdict, FIIs withdrew over $400 million from India

The midcap space is under some selling pressure as the market breadth has remained negative almost every day in the last week. If the Nifty is able to retain 10,800 this week, we can start witnessing buying in midcap stocks.   Volatility in the Indian market has not seen any major surge...