Sensex ends in red despite fag-end buying, Nifty holds 15750; check support, resistance levels

Bulls attempted a comeback in the dying minutes of trade on Friday as Sensex and Nifty trimmed losses and even turned positive. However, bears overpowered them and forced the headline indices to close in red. Sensex shed 111 points or 0.21% on Friday to settle at 52,907 while NSE Nifty 50 index slipped 28.20 points … Read more

Bulls vs Bears: Here’s what to expect on Dalal Street today

The Indian market ended higher for the third straight session on June 27 amid positive global cues. Sensex rose 433 points to 53161 and Nifty gained 132 points to 15,832. L&T, HCL Tech, Infosys and Tech Mahindra were the top Sensex gainers, rising up to 2.99 per cent. Kotak Bank, RIL and Titan were the … Read more

SGX indicates Nifty to top above 15,800

Indian stock markets are likely to open positive on Thursday, as the US Fed increased the rate on expected line by 0.75 percentage points. As the global stock markets recovered, SGX Nifty is currently ruling 15,820, a gain over 100 points against Nifty futures Wednesday’s close of of 15,708. Global stocks too send positive signals. … Read more

Equity traders skate on thin ice with huge long Nifty positions

India’s stock market traders are likely to have been caught on the wrong foot. At a time when major equity indices in the US are going down like ninepins, most Indian traders, including retail and high net-worth individuals (HNIs), are currently holding highest net long positions in the futures contracts of the Nifty index, in … Read more

Sensex tumbles 559 points in early trade; Nifty falls to 16,400 level

Equity benchmark indices extended their decline for the third day running on Tuesday, with the BSE Sensex tumbling over 559 points in early trade, as foreign funds outflow and elevated crude oil prices continued to play spoilsport ahead of the RBI’s policy decision on Wednesday. The 30-share BSE Sensex was trading 559.46 points lower at … Read more