Taking Stock: COVID-19, selloff in financials weigh on D-St: Nifty holds 8,000 levels

Another spike in global coronavirus infections that crossed one-million mark and relentless selling by institutional investors weighed on sentiment on April 3, as the Sensex plunged more than 600 points and the Nifty just about holding the crucial 8,000 level.Let’s look at the final tally on D-Street: the Sensex tanked 674 points to 27,590, while…

View More Taking Stock: COVID-19, selloff in financials weigh on D-St: Nifty holds 8,000 levels
Taking Inventory: Sensex drops 1,200 capabilities on inclined global cues; Nifty beneath 8,300

Taking Inventory: Sensex drops 1,200 capabilities on inclined global cues; Nifty beneath 8,300

A selloff in world markets, weak global cues, spiralling coronavirus cases and MSCI deferring changes to the Foreign Inclusion Factors to May weighed on sentiment on April 1, with the Sensex plunging more than 1,200 points and the Nifty50 closing below 8,300.The final tally on D-Street: the Sensex fell 1,203 points to 28,265 while the…

View More Taking Inventory: Sensex drops 1,200 capabilities on inclined global cues; Nifty beneath 8,300
Taking Stock | Pullback rally! Sensex rallies 1,000 pts, but will the rally closing?

Taking Stock | Pullback rally! Sensex rallies 1,000 pts, but will the rally closing?

Tracking strong global cues, both Sensex and Nifty50, rallied to close above crucial resistance levels on Tuesday in a single trading session. The S&P BSE Sensex rallied more than 1000 points while the Nifty50 closed just a shade below 8600 levels.Let’s look at the final tally on D-Street on March 31 – the S&P BSE…

View More Taking Stock | Pullback rally! Sensex rallies 1,000 pts, but will the rally closing?
Taking Stock: Bears benefit as a lot as the tag, Sensex sheds over 1,300 aspects, Nifty’s 4-day winning spree ends

Taking Stock: Bears benefit as a lot as the tag, Sensex sheds over 1,300 aspects, Nifty’s 4-day winning spree ends

Weak global cues, rise in coronavirus cases across the world, stress on banking stocks and fears of a global recession weighed heavy on markets on March 30.Let’s look at the final tally on D-Street: the S&P BSE Sensex fell 1,375 points to close at 28,440 while the Nifty50 closed 379 points lower at 8,281. The…

View More Taking Stock: Bears benefit as a lot as the tag, Sensex sheds over 1,300 aspects, Nifty’s 4-day winning spree ends
Taking Stock: ‘Grab on rumours & sell on news’ performs out on D-St after RBI measures

Taking Stock: ‘Grab on rumours & sell on news’ performs out on D-St after RBI measures

Indian markets gave up most of their gains and turned negative after the Reserve Bank of India (RBI) unveiled a battery of measures to counter the impact of coronavirus on the already slowing Indian economy.The S&P BSE Sensex, which was up more than 1,000 points, turned negative once the measures were announced. The Nifty50,too, failed…

View More Taking Stock: ‘Grab on rumours & sell on news’ performs out on D-St after RBI measures
Taking attempting out cue from South Korea, ICMR seeks 5 lakh antibody kits

Taking attempting out cue from South Korea, ICMR seeks 5 lakh antibody kits

Written by Kaunain Sheriff M | New Delhi | Updated: March 27, 2020 8:28:54 am Apart from that, 91 new passengers have been kept under surveillance for the disease by UT authorities, taking the total number of passengers under surveillance to 363.As part of efforts to step up testing for coronavirus, the Indian Council of…

View More Taking attempting out cue from South Korea, ICMR seeks 5 lakh antibody kits
Taking Stock: Nifty50 rallies 4% on F&O expiry; falls 25% in March series

Taking Stock: Nifty50 rallies 4% on F&O expiry; falls 25% in March series

The bulls remained in charge of D-Street from the beginning of the session on March 26 pushing the S&P BSE Sensex higher by over 1,400 points while the Nifty50 reclaimed 8,600 levels on the March F&O expiry day.Let’s look at the final tally on D-Street – the Nifty50 rose 323 points to close at 8641,…

View More Taking Stock: Nifty50 rallies 4% on F&O expiry; falls 25% in March series

Taking Inventory: No lockdown for bulls! Immediate covering helps Nifty climb 8,300 levels

Short covering on D-Street helped bulls take out crucial resistance levels on March 25, a day ahead of F&O expiry. The S&P BSE Sensex rallied more than 1,800 points while Nifty50 reclaimed 8,300 levels.Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 1,861 points to 28,535 while the Nifty50 climbed…

View More Taking Inventory: No lockdown for bulls! Immediate covering helps Nifty climb 8,300 levels