Tag Archives: Nifty

Stock market update: Nifty Media up 2%; Dish TV, Den Networks surge

Media stocks traded higher on NSE in the afternoon trade on Thursday. Shares of Dish TV India (up 8.28 per cent), Den Networks (up 4.91 per cent), Zee Entertainment EnterprisesNSE -0.64 % (up 4.78 per cent) and TV18 Broadcast (up 2.49 per cent) were the top gainers. Zee Media Corporation (up 2.27 per cent), Network 18 Media & Investments (up ... Read More »

Support for Nifty at 10,777; PSU banks, media stocks to remain under pressure

Chandan Taparia Nifty index had a volatile Budget day but overall witnessed strong recovery of 400 points from recent swing low of 10,583 to 10,983 zones in last four sessions. It corrected from higher zones in the last week but again managed to attempt the same key hurdle area. It formed a Bullish candle on weekly while a High Wave ... Read More »

Sensex Edges Lower, Nifty Trades Near 8,100

The BSE Sensex and Nifty edged lower today amid lacklustre trading. Some buying was seen in oil & gas and metal stocks amid gains in global commodity prices. The market breadth was also weak with BSE midcap and smallcap indices also edging lower by 0.20 per cent. Analysts say trading is likely to be lacklustre for the rest of this ... Read More »

Nifty Set For Correction, Metals Could Outperform: Sanjeev Bhasin

Sanjeev Bhasin advised investors to bet on stocks rather than broader market indices Brokerage IIFL’s Sanjeev Bhasin expects the Nifty to correct by 200 points after the sharp run up post Britain’s decision to exit the European Union last month. Mr Bhasin, who has been bullish on stock markets, advised investors to book profits and get into cash. “8,500 was ... Read More »

Sensex, Nifty Edge Lower on Profit-Taking After Four-Day Rally

Mumbai: Indian stock markets edged lower on Tuesday for the first time in five days as investors booked profits in banking shares such as State Bank of India amid cautious trading ahead of major central bank meetings. Asian stock markets also wobbled, after they hit a two-month high in the previous session, ahead of the European Central Bank’s policy review ... Read More »

Goldman Sachs Remains Bullish, But Cuts Nifty Target To 8,200

Global investment bank Goldman Sachs has reaffirmed its overweight stance on India, days after presentation of Union Budget 2016. However, the investment bank has revised its December Nifty target to 8,200 from 8,600 earlier. This still implies a 10 per cent upside from current Nifty levels of around 7,400. Goldman Sachs expects the upside in Nifty to be driven by ... Read More »

Sensex Gains for Third Day, Rallies 364 Points; Nifty Settles above 7,450

The Sensex and Nifty rallied for third day in a row on the back of broad-based buying amid firm global cues. In the last three trading sessions, the Sensex has surged over 1,600 points and Nifty has moved closer to its crucial psychological level of 7,500. For the most part of the day, the stock markets traded on a firm ... Read More »

Sensex, Nifty Set for Best Weekly Gain Since 2011

Mumbai: Indian stock markets took a breather on Friday after four sessions of gains with shares swinging both ways, but the indexes were still poised for their best weekly gain in more than four years after the government unveiled a fiscally prudent federal budget. Investor sentiment has improved after the government stuck to its fiscal deficit target for the next ... Read More »

Sensex Gains for Fourth Day, Nifty Settles at 7,485

The Sensex rally continued for fourth trading session and Nifty moved closer to its crucial psychological level of 7,500 in trades on Friday on the back of buying in metal, banking and real estate stocks. In the last four trading sessions, the Sensex has surged 1,644 points, its biggest weekly gain in more than four years. The investor sentiment was ... Read More »

Sensex, Nifty Post Best Weekly Gains in Over 4 Years

Indian stock markets edged higher on Friday, posting their best weekly gain in more than four years, tracking gains in Asian markets and on improved risk appetite after the government unveiled a fiscally prudent budget earlier this week. The benchmark BSE Sensex rose 0.16 per cent to close at 24,646.48, while the broader Nifty gained 0.13 per cent to end ... Read More »