Market Week Ahead: Rupee, trade war likely to weigh on markets; oil and macro data to be in focus

Here are top 10 factors that will keep traders busy next week.    The market took a breather as bears managed to get full control at Dalal Street for the first time in last seven consecutive weeks, thanks to a sharp weakness in rupee owing to dollar demand and higher crude oil prices. The...

Nifty to consolidate amid IIP, WPI data; top 3 stocks to bet on

On a weekly basis, profit booking was seen in the market last week after six consecutive weeks. Along with the Nifty, the Bank Nifty, Midcap and Smallcap indices have also seen strong selling pressure during the first half of the week.    Depreciation of the rupee versus the dollar, higher...

Nifty to hold above 11,550 to extend upmove towards 11,620 this week

We See support for the Nifty at 11,500 and 11,450 on the downside.   The Nifty drifted lower on Friday but managed to attract buying interest. Strong momentum was witnessed in the last hour of the session, with the index heading towards 11,600. It has been forming a Hammer candle for the...