Govt pep talk helps market snap 4-week losing streak; 19 stocks rose 10-30% in BSE500

Such sharp rallies are often a result of some pep talk or some relief measure which often fizzles out trapping the bulls who bought on the hopes that a new rally will begin. The Indian market snapped a four-week losing streak to close with gains of over 1 percent. The Nifty rose 1.02 percent...

Wall Street ends down amid more trade woes, high volatility

The Dow Jones Industrial Average fell 90.75 points, or 0.34%, to 26,287.44, the S&P 500 lost 19.44 points, or 0.66%, to 2,918.65 and the Nasdaq Composite dropped 80.02 points, or 1%, to 7,959.14. US stocks fell on Friday following renewed jitters over the US-China trade war, capping a week...

‘Ignore the noise’; the market cycle will bottom before the economic cycle

Although, there are various negatives around, we expect the market to make a bottom far before the shape of the economy improves because that is the nature of market cycles. July was a tough month for the Indian stock market. The Nifty shed about 6 percent during the month, making it the...