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Sep 5, 2018

Don't see Nifty touching 11,800–12,000 in near term; Sun Pharma among long-term bets

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Nifty may not touch 11,800–12,000 levels in the immediate future as the largecaps forming the benchmark indices are overheated, Akash Jain, Vice President - Equity Research, Ajcon Global, told Moneycontrol's Sunil Shankar Matkar.He added that market may come under pressure due to sliding...
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Closing Bell: Last hour recovery helps D-Street cut losses, Sensex down 100 points; Nifty above 11,450

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At the close of market hours, the Sensex is down 139.61 points or 0.37% at 38018.31, while the Nifty is down 43.30 points or 0.38% at 11477.00.A good recovery in the last hour has helped the market close with shallow cuts. The Sensex managed to recover over 250 points from its low point, while...
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Sep 4, 2018

D-Street continues to be volatile amid weak rupee, high crude prices; Nifty around 11,500

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Selloff in banks, FMCG, metals as well as names in the midcaps space are weighing on indices. Higher crude oil prices as well as a bearish rupee continue to spook investors.After witnessing a positive opening, the rupee has resumed its downward momentum, and hit...
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Sep 3, 2018

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