6/19/2013 1:06 PM | Wednesday | By Karan Bhojwani
The Nifty has managed to bounce back to levels of 5800 and is currently trading marginally lower by 6 points. The Sensex is trading down by 29 points at 19,196. RCom is trading higher for the third straight day, hitting a fresh 52-week high.
6/19/2013 11:42 AM | Wednesday | By Amit Bhanot
These proposals, worth Rs 1646.875 crore, were recommended by the FIPB in its May 10, 2013 meeting and include foreign investments in the media, Pharma and power industries.
6/19/2013 11:27 AM | Wednesday | By DSIJ Team
The Indian markets opened on a negative note after closing at a lower level last evening. The global markets were seen trading in a mixed zone in the morning session. The Nifty opened with a negative bias at 5788 and Sensex was down at 19,134. Both the indices opened down in the range of 0.42%-0.46%.
The markets remained rather nervous yesterday and closed in the red. The support and resistance levels as predicted by us have been fairly precise. As for today, it could turn out to be yet another nervous day for the markets ahead of the Fed meeting tonight. Here is what the technical charts are suggesting along with the stocks that are likely to remain in action today.
Asian markets have opened the day on a mixed note and are trading quite nervously. What happens to India? Positive cues are very less compared to the negative ones and hence you cannot expect much from the markets today. The Rupee is the biggest worry as of now and the situation could further aggravate if the Fed springs a surprise of any kind. All in all, it looks like the markets are headed for a negative open and a weak day today.