Market will be highly unpredictable but highly profitable during last 2 days of the year 2009. So far 2009 has been the most profitable year of the decade and the last couple of days will be equally profitable. But to trade successfully you have to be on your edge all the time as opportunity may [...]
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The Reserve Bank of India?s Deputy Governor, KC Chakrabarty comments that it is not the right time to plan an exit from the current stimulus. He adds that the RBI is looking at hiking the hold-to-maturity portfolio cap of banks and sees credit picking up in the next few months. On inflation:Wholesale Price Index inflation [...]
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On Friday, the 11th September, 2009, the markets opened on a positive note backed by the global cues but soon shed all its early gains and turned extremely volatile and choppy after the opening trade. The Markets kept hovering into the positive and negative territory for the entire day assisted by continuous rounds of buying [...]
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Sensex gained 33 points or 0.2% at 16,216 while, Nifty ended flat to shut the shop at 4,819. On Thursday, the 10th September, 2009, the NSE Nifty managed to hold on to the 4800 levels for the third straight day. The current rally seems to be running out of steam now as both the benchmark [...]
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On Wednesday, the 9th September, 2009, the markets opened flat and turned out to be extremely volatile and choppy right after the opening, hovering into the positive and negative territory for the entire session of trade. The Nifty traded with extreme volatility around the 4800 levels, followed by repeated buying and profit booking with every [...]
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On Tuesday, the 8th Sptember, 2009, the markets opened on a positive note backed by positive cues from the peer Asian markets and turned extremely choppy later after the opening. The Markets traded with volatility during the entire day’s session, followed by buying coming in at every downside with investors coming in at lower levels [...]
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On Monday, the 7th September, 2009 the markets opened on a positive note backed by the positive cues from the global markets and continued the upward movement on sustained buying across all the counters. Further, the strong European markets also lifted the investor confidence and the markets continued to move up. Realty, Metal, Bank, Consumer [...]
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On Friday, the 4th September, the markets opened on a positive note backed by the mixed cues from the global markets but soon volatile the situation turned volatile until the buying came in at the lower levels which helped the markets to sharply surge up. Further wirh the strong opening of the European markets investor [...]
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On Wednesday, the 02nd September, 2009, the markets opened on the weaker side backed by the negative cues received from the global markets but soon after that, buying came in as the investor interest arose at the lower levels which helped the markets to recover from the opening losses and surged into the positive territory. [...]
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On Tuesday, the 1st September, 2009, the markets opened positive backed by the firm cues from the Asian Markets as a result of which the Markets traded higher putting on fair gains during the early part of the day before the profit booking came in later at the higher levels. The Weak European markets also [...]
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On Monday, the 31st of August, 2009, the markets opened with gap down opening backed by the negative cues from the Asian Markets and the selling pressure due to the negative sentiments in the market further dragged the markets down. The Nifty experienced support at 4647 and smartly managed to recover from day’s lows to [...]
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On Friday, 14th August, 2009, the markets closed weak after a day long volatility amidst profit booking after previous days rally. The Nifty traded extremely volatile within the range of 4561 and 4615 with support at 4560 and resistance at 4610 Nifty finally closed at 4580.05 losing 25 points or approx. 0.54 % The Intraday [...]
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