The Indian markets extended its losing streak amid weak cues from global market. At one moment nifty breached its important psychological level of 8000, however as day progressed buying emerged at lower levels and helped index to regain its important psychological mark.
Dec 18 2014 8:07AM | Thursday | By Chirag Gothi
Asian markets pushed higher today’s morning after the U.S. markets enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus. The SGX Nifty is open in positive by 90 points i.e. 1.1%. Today Indian market may open higher.
Dec 17 2014 5:05PM | Wednesday | By Abhijeet Gosavi
After a big fall that we witnessed yesterday, Indian markets continued with the negative scenario in today’s session. Most of the stocks in Health Care and Auto segment closed below their respective supports, down more than 250 points each. Mid-caps and Small-Caps also ended on negative territory. However the Nifty managed to hold the vital technical support of 8000 mark, although, down by 37 points and Sensex was 71 points down at 26710 in today’s closing buzz.
The Indian markets ended with heavy losses as nifty slipped below 8100 mark. The bear ruled the day as panic selling was seen in global peers and worrying macro-economic data added to the wound. Technically, index is trading near its important support as defined by 100-day EMA and upward rising trend line.
Dec 17 2014 8:23AM | Wednesday | By Chirag Gothi
Asian markets open with mixed ahead of a Federal Reserve policy decision. The SGX Nifty is open lower by 8 points. Today Indian market may open slightly higher and going forward may see the volatility during a day.