Saturday, 27 October 2018

MARKET OUTLOOK AND WEEK AHEAD

Equity benchmarks continue to witness sharp decline as it closed lower by more than 2.5% during previous week on the back of weak global cues. Index closed lower for four out of the five trading sessions during previous week. Nifty formed an intraweek high of 10408 on Monday's session and kept on...

Markets hit fresh lows on liquidity woes, global cues

National Stock Exchange’s 50-share Nifty shed nearly 1% on Friday to its lowest close in seven months, in tandem with weaknesses in global markets and beset by a host of domestic factors such as the liquidity crunch, weak currency and rising oil prices. BSE’s 30-share Sensex shed 1.01% or 340.78...

Technical View: Nifty forms 'Bearish Belt Hold' pattern; could hit March low of 9,950 soon

Nifty index made many attempts to hold 10,100 levels amid volatility, but failed and finally closed 94.90 points lower at 10,030. Bears tightened their grip on Dalal Street for second consecutive session on Friday as the Nifty50 closed volatile session sharply lower but managed to defend psychological...

No Oktoberfest for bulls! Over 35 BSE500 stocks tank 10-40% in 5 days

Some of the biggest market crashes have occurred in October. Earnings and macro data will now dictate the trend for markets next week. The S&P BSE Sensex plunged 966 points in just five trading session to close at 33,349 for the week ended October 26. For the month, the index has fallen ...