MUMBAI: The extraordinary spurt in the market on Monday has, understandably enough, made most investors optimistic about the road ahead. While there is fundamental logic supporting daring market predictions, fears of the impact of the ongoing global recession are a niggling worry for some…

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Even as the market greeted the UPA result with an upper circuit opening on Monday — something which has happened for the first time in history — Shankar Sharma, Vice Chairman and Joint MD, First Global said the win was an amazing verdict. “This win is the ultimate game changer for …

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BSE Sensex: (14243) we said a ‘2 day breakout is not ruled out’ and we got a beautiful technical breakout from a good consolidation, we are likely to yet again see a sustained up move…. possibly until 21st May 2009, which happens to be as pressure day one more day. The support for …

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Equity markets and Indian rupee are expected to start trading with a huge gap tomorrow, financial services provider Edelweiss Securities said in a report today. “Equity markets are likely to open with a big gap up on Monday, as desperation to deploy excess cash (both by DIIs and…

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We said ‘Technically the trend is still intact up though it looks tired in a strong resistance zone. The market may see an up move and if that happens then it is likely to be more of a sluggish up move as the markets seems to be exhausted here’ ’ The market unfolded …

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BSE Sensex: (12173) the market unfolded as expected and stayed put range bound and looks like a consolidation is under construction and we are likely to see a breakout once again…a 2 day breakout is not ruled out… The support for the Sensex is 12000 and the resistance to the up move …

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MUMBAI: The upswing in the stock market since early March has provided a lifeline to promoters of cash-starved companies, helping them raise the much-neede funds. So far, it has been the frontline companies that have benefited from the improved sentiment on bourses. Merchant banking circ…

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BSE Sensex: (11873) the market has not made a new high and neither has the market made a new low and has stayed range bound through out the trading session and the trading session of the day has not displayed weakness as yet so there is a good possibility that we might see an up day…but…

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The eagerly eyed US stress test results came in line with the Street’s expectations and did not have any negative surprises. This has proved to be a positive for the stock markets across the globe. On the whole, the global equity markets may see further upside in the near term. However…

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BSE Sensex: (12020) the market missed making a new high by just few points and profit booking came in…the point to watch would be 12272 and if that gets taken out then we might see a new high otherwise the market could see some more profit booking. 14th may 2009 is a strong pressure day…

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