MUMBAI: Nirmal Bang is of the opinion that the market are little bit oversold and chances of a rebound is very high. Selling at lower levels around the support region should be avoided, it says. “The trend is weak as huge selling pressure is witnessed in Nifty around the 4110-4150 reg…

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Budget speech cannot solve all our problems,” said the Finance Minister Mr. Pranab Mukherjee as he began his speech today. And what he delivered (or didn’t) was exactly what he said at the start. His budget for 2009-10 is now being seen by the media as a non-event given that …

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The market exhibited high level of volatility in intra-day trades during the week. The Sensex, after slipping in first half of the week, recovered towards the end on positive vibes from the Economic Survey and the Railway Budget. The index finally closed the week with a gain of 148 points…

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The market discounted weak global cues and surged ahead of the Union Budget on Monday. Index heavyweights Reliance Industries, ICICI Bank, HDFC and Larsen & Toubro led the 1.75 per cent gains in BSE Sensex & SP CNX Nifty. The Nifty cleared the resistance level of 4,350 to close …

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MUMBAI: Wealthy stock traders — those who missed out the post-election result rally as well as the handful who tasted success — are trying to ensure that they have a winning formula ready to cash in on the post-Budget swing in stock prices. These players are creating trading combinat…

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Edward Pulling of JP Morgan Asset Management said that if India trades at 15 times PE, the Sensex could trade at 30,000 in the next three to four years and said that he saw a Sensex EPS of Rs 2000 between March-September 2013. He added that the March 2009 Sensex EPS would be seen at Rs 85…

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Here is an interview taken on CNBC TV18 of veteran investor in Indian stocks, Rakesh Jhunjhunwala. He is speaking about future of Indian stocks in next few years in this interview. “If the Nifty breaks 4650 decisively and holds for a week or so, it could hit 5900-6000,” Jhunjhunwala …

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The market will continue to witness sideways movement, depending on the global cues and FII flows After a long time, the bulls appear to be in some sort of pressure with the main stock indices losing some altitude this week. FIIs seem to be a little wary now of putting fresh money into p…

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The recovery in economic growth and corporate profits will take time to catch up with market performance. At every fall, you could feel better if you pick up something. Markets further lost ground on Thursday extending its losses for second straight trading session. The Realty, Metals, P…

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MUMBAI: Networth expects the markets open lower and Nifty take support at 4220. It sees selling to emerge in oil & gas and commodities. “Markets are expected to open down on the back of global cues; SGX Nifty is trading 25 point up at 4365. The entire OI in the markets decreased t…

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