Indian Stock Market Commentary
Indian Stock Market Pre Session Report, Dated 18/01/2010
Today domestic markets are likely to open negative as there is intense selling pressure across Asian markets. The negative sentiment in Asian markets has been influenced by the lower than forecasted U.S. consumer confidence data and also whopping loan loss provisioning of $1.9 billon by banking giant JPMorgan. Japan’s Nikkei is trading lower by a [...]
Markets on see-saw, Realty up
The leading benchmark indices are alternating between positive and negative territories due to lack of buying activity ahead of December series expiry. On the other hand, European markets are trading with negative sentiments on account of profit booking pressure on oil stocks. Among the BSE sectoral indices Realty index is up by nearly 1.43% while [...]
Market traded range bound with negative bias
After a flat to positive start, the key benchmark Indices drifted down below the base line in mid-morning trade and now traded within the narrow range with negative bias. This sell-off halted a four-day winning streak on the bourses in the previous sessions. Trading volumes are likely to remain bleek this week as market participants [...]
Markets hovering around the base line with negative bias
The markets at this hour of the session declined on selective profit booking across the sectoral indices. The markets are making its way deeper into the red zone with volatility. The key benchmark indices are currently witnessing a choppy session with BSE 30-share Sensex below 17,390 down by 16 points, while Nifty is below the [...]
Markets turn volatile amid a choppy session of trade
The markets at present are witnessing a choppy session of trade moving sideways. Today, the markets opened higher taking cues from Asian markets which was then trading higher. Soon the market witnessed a dip paring early gains. At around 10.12 IST, the markets tumbled on the back of high profit booking in majority of sectors. [...]
Indian Stock Market Mid Session Report, Dated 22/12/2009
The markets gained further grounds after a sharp gap up opening and are now trading near the day’s high as buying interest continued across the board mainly led by the index heavyweights like Reliance Industries, ICICI Bank and Tata Steel. Further the strong Asian markets also boosted the sentiments today. The Metal index today outperformed [...]