Nifty moves below psychological mark of 8,700

Nifty moves below psychological mark of 8,700

Mumbai, Feb 6 (IBNS) The BSE Sensex and the Nifty continued to trade in the negative zone on Friday with the 50-share index dropping below the psychological mark of 8,700.

by IBNS February 06, 2015

In near term Nifty is likely to continue remain volatile

In near term Nifty is likely to continue remain volatile

New Delhi, Dec 19 (IBNS) Nifty Future began the week with the gap down opening and extended its steep decline due to uncertainties in global markets, specifically Russia's currency crisis and falling crude oil prices, despite the fact that WPI inflation lowered in the previous month. But in latter part of the week market recovered triggered by signals from the Federal Open Market Committee that the US central bank isn't in a hurry to raise interest rates in the United States and on the hope that GST Bill would be tabled by the current government in this winter session.

by IBNS December 19, 2014

Nifty is likely to continue its correction: CapitalVia Global Research Limited

Nifty is likely to continue its correction: CapitalVia Global Research Limited

Mumbai, Dec 12 (IBNS) After last week consolidation Nifty Future fell sharply amid weakness in Asian and European markets hitting its lowest closing level in almost six week, as market breadth indicating the overall health of the market was weak, leading sectors which drifted market on the down side were specifically led by IT, Metal and Infrastructure sector and also Indian rupee edged lower against the dollar on speculation an improving US economy will strengthen the dollar and damp demand for emerging-market assets.

by IBNS December 13, 2014