Market Next

NSE

    MARKET OUTLOOK FOR THE WEEK: 17-04-2017

MARKET OUTLOOK FOR THE WEEK: 17-04-2017

Nifty and Bank Nifty made new highs, but profit booking trimmed early gains and the both indices and closed lower on Thursday.  Investors took cautious stand because of long weekend and heightened geo-political tensions.  Markets were closed on Friday due to Good Friday, many indices futures were also on decline

Read Full Article
    MARKET OUTLOOK FOR THE WEEK: 10-04-2017

MARKET OUTLOOK FOR THE WEEK: 10-04-2017

Last week Nifty made an intraday high at9270 and finally settled at 9198.30.  Sensex on Friday closed a tad below at 30,000, but still both these markets are on the buy mode.  Nifty has major support at 9116.87 and if Nifty closes below this level consecutively for more than two

Read Full Article
    MARKET OUTLOOK FOR THE WEEK: 03-04-2017

MARKET OUTLOOK FOR THE WEEK: 03-04-2017

After testing 9191, nifty closed on Friday at 9173.75.  The roll-over figures were above average, but Banking Nifty recorded discount around 100 on the beginning of April futures.  Monthly charts are slightly over bought, but the weekly charts and daily charts of Nifty are still showing further upside to the

Read Full Article
    MARKET OUTLOOK OF THE WEEK: 27-03-2017

MARKET OUTLOOK OF THE WEEK: 27-03-2017

Nifty witnessed marginal recovery on Thursday and Friday and finally it closed at 9108. Tuesday being a holiday (Gudi Padwa) investors may stay sidelines without committing big trades on Monday. Investors are focussing on Thursdays’ futures and options expiry. If we examine the Nifty options data’s we can see good

Read Full Article
    MARKET OUTLOOK FOR THE WEEK: 19-03-2017

MARKET OUTLOOK FOR THE WEEK: 19-03-2017

Both Nifty and Sensex made new highs after the stunning performance by the BJP in the state elections, US Fed decision to increase interest rate from. 75% to 1% and market participant’s reaction indicates that they interpreted Federal Reserve’s statement as more dovish than expected and early implementation of GST.  

Read Full Article
    MARKET OUTLOOK FOR THE WEEK:13-03-2017

MARKET OUTLOOK FOR THE WEEK:13-03-2017

Despite marginal uptick in the world markets our market moved in a very narrow range.  On Friday we saw firm opening on Nifty but profit booking caused heavy sell-off.  Monday markets will be closed due to “HOLI”.  We can expect a firm opening on Tuesday after the stunning performance of

Read Full Article
    MARKET OUTLOOK FOR THE WEEK: 05-03-2017

MARKET OUTLOOK FOR THE WEEK: 05-03-2017

Nifty made multi year highs in the recent days is all set to test 9020 and 9045 in the short term.  As the technical charts are not giving firm outlook to nifty it is prudent to reduce long positions when Nifty comes very close to afore said levels.  Nifty has

Read Full Article
    MARKET OUTLOOK FOR THE WEEK: 27-02-2017

MARKET OUTLOOK FOR THE WEEK: 27-02-2017

Nifty and Sensex scaled up to a multi month high last week and Nifty finally closed on Thursday at 8939.50.  India VIX which is measuring investors fear declined on Thursday by around 2.19% and closed at 13.4.  The state election results are going give a firm direction to the market

Read Full Article
    MARKET OUTLOOK FOR THE WEEK: 20-02-2017

MARKET OUTLOOK FOR THE WEEK: 20-02-2017

Sensex and Nifty closed positively on Friday, especially Sensex which hits 5 month high.  One interesting point to be noted here is that on Friday private sector banks (especially HDFC Bank) supported the market.   HDFC Bank which made a new 52 week high on Friday after RBI withdraws ban limit. 

Read Full Article
    MARKET OUTLOOK FOR THE WEEK: 13-02-2017

MARKET OUTLOOK FOR THE WEEK: 13-02-2017

After the lacklustre movement in last week Nifty managed to close at 8793, with the firm support from Europe and US market data’s.  European equity markets witnessed highest ever closing after 2015. US markets are also looking very strong and many macro data’s are suggesting strong economical recovery.  According to

Read Full Article