Nifty Outlook And Market Update : 07.09.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 07.09.2020 - Ace Investment Advisory: Equities ended the week down by 3% after the markets tanked on Friday. The Sensex crashed by 633.76 points, or 1.63%, to close at 38,357.18 while the 50-share Nifty was down by 193.6 points, or 1.68%, to close at 11,333.85. The markets ended the day at their two-week lows tracking the sell-off in global markets.

Nifty Outlook And Market Update : 03.08.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 03.08.2020 - Ace Investment Advisory: Nifty Pharma surged over 3.5 per cent led by Torrent Pharma, Aurobindo Pharma, Cadila Healthcare and Sun Pharma. Amid high volatility, the swing continued throughout the session with the benchmarks moving frequently between gains and losses in the first half of the Friday’s trade and then finally settled in the negative territory. Sensex fell 129

Nifty Outlook And Market Update : 27.07.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 27.07.2020 - Ace Investment Advisory: Sensex, Nifty rally 50% since March, gain 3% this week; Apr-Jun results by RIL, SBI to drive markets next week. Domestic equity market benchmarks BSE Sensex and Nifty 50 posted gains for the sixth consecutive week and managed to end higher up to 3 per cent. With this, Sensex and NSE’s Nifty are now up nearly 50 per cent

Nifty Outlook And Market Update : 20.07.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 20.07.2020 - Ace Investment Advisory: India’s stock market bucked the global trend on Friday and rallied for the second straight session to end the week with gains. Indian equities were helped by the strong upward movement in Reliance Industries and HDFC Bank. The benchmark Sensex rallied 548.46 points or 1.5% to close at 37,020.14. The broader Nifty rose 161.75 points or 1.71%

Nifty Outlook And Market Update : 15.07.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 15.07.2020 - Ace Investment Advisory: Indian shares ended Tuesday in the red, on muted global cues, rising coronavirus cases and profit taking. Foreign portfolio investors (FPIs) have remained marginal sellers so far in Indian equities, pulling out $168.69 million in total, so far in July. On Tuesday, the 30-share index, Sensex, fell 660.63 points or 1.8% to close at 36,033.6.

Nifty Outlook And Market Update : 06.07.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 06.07.2020 - Ace Investment Advisory: Equities ended the week higher by nearly 3% after the stock markets rose on Friday. The markets were tracking gains made by the Asian markets on account of positive economic data from the US and China. Closer home, improvement in the Services Purchasing Managers’ Index (PMI) supported the sentiment. The Sensex was up by 177.72

Nifty Outlook And Market Update : 29.06.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 29.06.2020 - Ace Investment Advisory: Domestic benchmark indices Sensex and Nifty, after having slipped into the red for two consecutive trading sessions, ended with 1% gain each on Friday. S&P BSE Sensex gained 329 points to sit at 35,171 points, while the 50-stock NSE Nifty ended just a tad bit below the 10,400 mark at 10,383 points. Nifty remains in a

Nifty Outlook And Market Update : 26.06.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 26.06.2020 - Ace Investment Advisory: The broader markets outperformed the benchmark indices during the day’s trading session on Thursday’s monthly expiry. The Indian benchmarks Sensex and Nifty, amid a volatile trading session, ended their day flat on tepid global cues and concerns around the rising novel Coronavirus cases. The benchmark Sensex was down by 26.88 points, or 0.08%, to close

Nifty Outlook And Market Update : 25.06.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 25.06.2020 - Ace Investment Advisory: As bears took over the markets, BSE Sensex and Nifty 50 snapped their 4-day gaining streak and ended lower on Wednesday due to sell-off in banks and financial stocks. Sensex hit an intra-day high of 35,706, however, due to sell-off in the last hour, the 30-share index plunged 837 pts from day’s high point and settled at 34,869. While

Nifty Outlook And Market Update : 22.06.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 22.06.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 settled higher on Friday, led by Reliance Industries which hit a fresh all-time high after it announced to become net debt-free firm. The 30-share Sensex jumped 523 points or 1.53 per cent to close the session at 34,732, while the broader Nifty 50 index advanced 153 points or 1.51 per cent to settle at 10,244.

Nifty Outlook And Market Update : 19.06.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 19.06.2020 - Ace Investment Advisory: The Nifty on Thursday reclaimed the 10,000-mark, an important psychological milestone, as shares rallied despite lukewarm global cues. The benchmarks rallied after there were no signs of further escalation in conflict between India and China. The benchmark Sensex rose 700.13 points, or 2.09%, to close at 34,208.05, while the broader Nifty was up by 2.13%,

Nifty Outlook And Market Update :18.06.2020 - Ace Investment Advisory

Nifty Outlook And Market Update :18.06.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 failed to hold intraday recovery amid India-China border tensions in Wednesday’s volatile session. Sensex plunged 430 points from day’s high to end at 33,508, while the Nifty 50 index gave up the crucial 9,900-mark and settled at 9,881. Apart from this, a sharp spike in coronavirus cases in India also

Nifty Outlook And Market Update : 17.06.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 17.06.2020 - Ace Investment Advisory: It was a volatile day for Indian equities, as markets swung wildly to geopolitical news. After a strong opening, the markets slipped into the red as border tensions between India and China fuelled worries. However, the benchmark indices ended the day in the green as global cues remained positive after the US Federal Reserve stated

Markets rebound from sharp fall in early session, end with gains - Ace Investment Advisory

Markets rebound from sharp fall in early session, end with gains - Ace Investment Advisory: India’s stock markets rose sharply in the afternoon after falling as much as 2% on Friday ending the day with gains as global cues turned positive. The benchmark Sensex rose as much as 242.52 points or 0.72% to close at 33,780.89. The broader Nifty50 rose by 70.9 points or 0.72% to close at 9,972.9. After

RIL, HDFC Bank send Sensex below 34,000 - Ace Investment Advisory

RIL, HDFC Bank send Sensex below 34,000 - Ace Investment Advisory: On the back of widespread profit booking in bluechip private bank stocks, BSE Sensex and Nifty 50 ended over a per cent lower on Tuesday. The 30-share Sensex plunged 855 points from day’s high to end at below 34,000-mark, while the broader Nifty 50 index dipped 245 points from intraday’s high to the close the

Liquidity continues to drive up markets, benchmarks gain 6% in a week - Ace Investment Advisory

Liquidity continues to drive up markets, benchmarks gain 6% in a week - Ace Investment Advisory: Liquidity continued to drive Indian equities, which ended the week with 6% gains. The rally was fuelled by European Central Bank (ECB)’s additional fiscal stimulus, continued buying of Indian equities by overseas investors and optimism surrounding the exiting of lockdowns by countries globally. Friday’s rise in the benchmark indices was driven by banking stocks. The

Sensex, Nifty march northward for sixth consecutive day, here’s what pushed share markets today - Ace Investment Advisory

Sensex, Nifty march northward for sixth consecutive day, here’s what pushed share markets today - Ace Investment Advisory: Domestic equity benchmarks continued their upward march for a sixth consecutive day as S&P BSE Sensex ended the day 284 points or 0.84% higher, while the 50-stock Nifty ended the day at 10,061 levels. This for the first time in March 11, that the Nifty 50 was seen moving around those levels. “Indian equity markets continued to rise

Sensex, Nifty surge over 30% from March lows; check what aided today’s rally in markets - Ace Investment Advisory

Sensex, Nifty surge over 30% from March lows; check what aided today’s rally in markets - Ace Investment Advisory: Buoyed by positive global cues and reassurance by Prime Minister Narendra Modi that India would get its growth back, headline indices BSE Sensex and Nifty 50 posted decent gains on Tuesday. Indian share market shrugged off the Moody’s credit rating downgrade and traded higher throughout the session. In the intraday session, Sensex hit the day’s high of 33,866, while

Nifty Outlook And Market Update : 27.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 27.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 settled lower in Tuesday’s volatile trade after shedding all their morning gains despite positive global cues. Sensex dropped 477 points from the day’s high of 31,086, to end 63 points lower at 30,609. While the broader Nifty 50 index finished at 9,029, after hitting day’s high of 9,162. IT stocks remained under pressure

Nifty Outlook And Market Update : 26.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 26.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 ended in the red as the extension of the moratorium on loans by the Reserve Bank of India led to a sell-off in financial stocks. The 30-share Sensex fell 260 points or 0.84 per cent to end at 30,672, while the broader Nifty 50 index dropped 67 points or 0.74 per cent to

Nifty Outlook And Market Update : 22.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 22.05.2020 - Ace Investment Advisory: Sensex, Nifty, Share Prices HIGHLIGHTS: Domestic equity market benchmarks BSE Sensex and Nifty 50 climbed off their respective day’s high levels in the fag end of the Thursday’s session. The 30-share Sensex settled 1140 points or 0.37 per cent higher to end at 30,932, while the broader Nifty 50 index ended just above 9,100-level. Out of 30 Sensex shares,

Nifty Outlook And Market Update : 21.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 21.05.2020 - Ace Investment Advisory: Indian share market opened higher and remained in a positive territory throughout the session on Wednesday. During the last hour of the session, BSE Sensex hit the day’s high of 30,878.31 and ended at 30,818. While the broader Nifty 50 index inched almost closer to the 9,100 level at 9,093 but closed 9,066. In the

Nifty Outlook And Market Update : 20.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 20.05.2020 - Ace Investment Advisory: As auto manufacturers reopened some production units, auto stocks were seen trading in the green. However, the key challenge that the automotive industry faces is getting the sales numbers up that were already not going through pleasant times in the pre-coronavirus world. As a large number of tier-1 cities, that fall in the red zone,

Nifty Outlook And Market Outlook : 19.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Outlook : 19.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 ended lower for the third consecutive day on Monday as economic package announcements over the weekend failed to boost investor sentiment. BSE Sensex tanked 1.027 points or 3.31 per cent to end the session at 30,070, while the Nifty 50 index dropped 314 points or 3.43 per cent to close

Nifty Outlook And Market Update : 18.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 18.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 drooped over one per cent in Friday’s session dragged by auto and bank stocks. The 30-share Sensex slipped below the crucial 31,000-mark to trade at day’s low of 30,780. While the broader Nifty 50 index breached the psychological level of 9,100, to trade at 9,053, down nearly 100 points. HDFC Bank, ICICI Bank, Axis Bank, Infosys and Reliance Industries were

Nifty Outlook And Market Update : 15.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 15.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 were trading near 2 per cent down on Thursday. US Federal Reserve Chairman Jerome Powell warned a prolonged recession for the US economy on the back of novel coronavirus pandemic. BSE Sensex fell over 650 points to hit day’s lows of 31,344.50, while the broader Nifty 50 index slipped below 9,200-mark. The broader

Nifty Outlook And Market Update : 14.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 14.05.2020 - Ace Investment Advisory: Indian share market cheered the Rs 20 lakh crore stimulus package on Wednesday as BSE Sensex and Nifty 50 posted over 2 per cent gains. However, market participants awaited the finer details of the announced package due to which no major movement happened during the trade. Finance Minister Nirmala Sitharaman’s press conference is scheduled for today. During

Nifty Outlook And Market Update : 13.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 13.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 staged a smart recovery in the last of the trade on Tuesday. The 30- share Sensex rose 526 points from day’s low to settle at 31,371, down just 190 points. During the trade, Nifty50 hit the day’s low of 9,044 and settled at 9,196. On the back of the profit booking, Reliance Industries was

Nifty Outlook And Market Update : 12.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 12.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 climbed off the day’s high in the last hour of the trade to settle with losses on Monday. Sensex fell 740 points from intraday high to end at 31,561 while Nifty 50 index slipped below 9,250 to settle at 9,239. ICICI Bank, HDFC Bank, HDFC, Kotak Mahindra Bank, HUL and Nestle India were the major contributors in the Sensex plunge

Nifty Outlook And Market Update : 11.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 11.05.2020 - Ace Investment Advisory: The headline indices BSE Sensex and Nifty 50 settled over half a per cent higher on Friday as both indices failed to hold on to day’s high levels. During the last hour of the session, Banks, financials and auto stocks declined. The 30-share index Sensex finished trade at 31,642, after falling nearly 450 points from

Nifty Outlook And Market Update : 08.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 08.05.2020 - Ace Investment Advisory: As bears took over the grip, BSE Sensex and Nifty 50 ended another volatile session in red on Thursday. The sell-off in consumer durables and banking stocks pushed the markets below yesterday’s levels. Sensex declined over 250 points from day’s high to close at 31,443, while Nifty 50 declined 72 points or 0.78 per cent to settle just

Nifty Outlook And Market Update : 07.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 07.05.2020 - Ace Investment Advisory: The headline indices, BSE Sensex and Nifty 50 traded in a choppy fashion on Wednesday to close in the positive territory. The 30-share index Sensex rose 527 points from day’s low to end at 31,686, while NSE’s Nifty gained 172 points from an intraday low to settle at 9,288. The rally was supported by buying in financial counters with HDFC

Nifty Outlook And Market Update : 06.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 06.05.2020 - Ace Investment Advisory: The headline indices BSE Sensex and Nifty 50 ended nearly 1 per cent lower on Tuesday led by sell-off public sector banks during the last hour of the trade. The 30-share index Sensex declined 262 points or 0.83 per cent to settle at 31,453.51 while NSE’s Nifty 50 ended at 9,205.60, down 88 points or 0.95 per cent.

Nifty Outlook And Market Update : 05.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 05.05.2020 - Ace Investment Advisory: Snapping the four-day gaining streak, BSE Sensex and Nifty 50 recorded the biggest single-day fall in two weeks on Thursday. Today’s fall in the markets erased over 80 per cent of gains made last week. The 30-share Sensex gave up the crucial level of 32,000 and Nifty 50 index settled below the psychological mark of 9,300. Banking stocks

Nifty Outlook And Market Update : 04.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 04.05.2020 - Ace Investment Advisory: As the bulls took over the grip for the straight fourth day, headline indices settled with over 3 per cent gains on Thursday, the last day of the futures & options (F&O) contracts of the April series, led by robust buying in autos, metals and technology stocks. The rally was supported by positive trials of

Nifty Outlook And Market Update : 30.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 30.04.2020 - Ace Investment Advisory: As the bulls took over the grip, headline indices posted nearly 2 per cent gains on Wednesday led by rally in index heavyweights HDFC twins, ICICI Bank, Infosys and TCS. BSE Sensex ended at 32,720.16, up 605.64 points or 1.89 per cent. While the broader Nifty 50 index settled above 9,550-mark, gaining 173 points or 1.84 per cent. During the day, Sensex hit

Nifty Outlook And Market Update : 29.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 29.04.2020 - Ace Investment Advisory: For the second day-straight domestic benchmark indices ended the day in green, despite a volatile trading session. S&P BSE Sensex jumped 453 points from the day’s low to end the session 371 points or 1.17% higher at 32,114 points. The broader NSE Nifty-50 gained 98.6 points or 1.06% to finish the trading session at 9,380 points. The

Nifty Outlook And Market Update : 28.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 28.04.2020 - Ace Investment Advisory: Domestic equity market closed in a positive territory buoyed by firm global cues and Rs 50,000 crore liquidity facility for mutual funds. This announcement by RBI led to gains in financial and banking stocks. BSE Sensex advanced 415 points or 1.33 per cent to 31,743, while the broader Nifty 50 index soared 128 points or 1.40 per cent to end the

Nifty Outlook And Market Update : 27.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 27.04.2020 - Ace Investment Advisory: Ending the week on a negative note, BSE Sensex and Nifty 50 settled over 1.5 per cent lower on Friday. The 30-share Sensex closed 536 points or 1.68 per cent down at 31,327, while the broader Nifty 50 index closed at 9,154, down 160 points or 1.71 per cent. Out of 30 Sensex stocks, 22 stocks settled in red

Nifty Outlook And Market Update : 24.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 24.04.2020 - Ace Investment Advisory: Domestic equity market benchmarks BSE Sensex and Nifty 50 posted gains on Thursday on the back of positive global cues. The 30-share index Sensex advanced 483 points or 1.54 per cent to 31,863. The broader Nifty 50 index settled 126 points or 1.38 points up at 9,314. Asian stock markets fell after an overnight report raised doubts over a

Nifty Outlook And Market Update : 23.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 23.04.2020 - Ace Investment Advisory: Domestic benchmark S

Nifty Outlook And Market Update : 22.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 22.04.2020 - Ace Investment Advisory: On the back of the crash in crude oil prices and negative global cues, Indian share market benchmarks BSE Sensex and Nifty 50 plunged in Tuesday’s trade. Further, the US President’s announcement on the temporary suspension of immigration into country led to a sell-off in IT stocks. “Buying interest seen near 8900 level which helped Nifty to give

Nifty Outlook And Market Update : 21.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 21.04.2020 - Ace Investment Advisory: The headline indices BSE Sensex and Nifty 50 rose in the opening trade on Monday lifted by buying in index heavyweights HDFC Bank, HDFC, Infosys, Kotak Mahindra Bank and TCS. From today, select factories and construction work are set to resume in a phased manner which also boosted investor sentiment. The 30-share Sensex advanced 94 points or 0.30 per cent to 31, 684, while

Nifty Outlook And Market Update :20.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update :20.04.2020 - Ace Investment Advisory: Banking and financial stocks led the rally in equities on Friday, after the Reserve Bank of India (RBI) announced a slew of measures to improve liquidity in the system. The benchmark Sensex gained 986.11 or 3.22% to close at 31,588.72. The Nifty rallied 3.05% or 273.95 points to close at 9266.75. Nifty Bank was up by 6.6%

Nifty Outlook And Market Update : 17.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 17.04.2020 - Ace Investment Advisory: For the most part of Thursday, the headline indices traded in a choppy pattern and finally settled in the positive territory. BSE Sensex ended 223 points or 0.73 per cent higher at 30,603, while the broader Nifty 50 index finished below the crucial 9,000 mark, at 8,992, up 67 points or 0.76 per cent. The top Sensex gainers were NTPC, ICICI

Nifty Outlook And Market Update : 16.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 16.04.2020 - Ace Investment Advisory: Indian equities declined on Wednesday for the second consecutive day led by banking and automobile stocks. The Nifty closed at 8,925.30, down by 68.55 points, or 0.76%. The 30-share Sensex declined 310.21 points, or 1.01%, to close at 30,379.81. The broader markets, however, ended the day in the green with the Nifty Midcap Index and

Nifty Outlook And Market Update : 15.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 15.04.2020 - Ace Investment Advisory: Indian equities started the week on Monday by shedding some of the previous week’s gains. The 30-share Sensex declined 469.6, or 1.51%, to close at 30,690.02, while the broader Nifty declined 118.05 points, or 1.30%, to close at 8,993.85, giving up the crucial 9,000-point mark. According to market experts, extended lockdown by certain states and

Nifty Outlook And Market Update : 13.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 13.04.2020 - Ace Investment Advisory: Fuelled by rallies in FMCG, pharma and auto stocks, India’s markets have rebounded 20% from their March lows; the Sensex has added 5,178 points in the last 12 sessions or Rs 19 lakh crore of investor wealth. To be sure the sentiment at home has been boosted by a smart comeback in global markets; the

Nifty Outlook And Market Update : 09.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 09.04.2020 - Ace Investment Advisory: While the S&P BSE 100 index surged 37.92% in the five years ending December 2019, the story for Indian equity large cap funds has not been the same. According to a S&P Indices Versus Active (SPIVA) scorecard, 82.29% of the large cap equity funds have under-performed the index in the same time period. In the

Nifty Outlook And Market Update : 08.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 08.04.2020 - Ace Investment Advisory: Sensex, Nifty record biggest 1-day percentage gain in 11 yrs. Bulls roared on Tuesday as domestic benchmark indices Sensex and Nifty posted the best trading day in percentage terms since May 2009, and biggest single-day gains in absolute terms. The rally on Dalal Street was supported by the positive global cues and news flow on

Nifty Outlook And Market Update : 07.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 07.04.2020 - Ace Investment Advisory: Asian and European equity markets rebounded Monday as some of the world’s worst-hit countries reported falling death rates, providing much-needed hope in the battle against coronavirus, but oil prices sank after a meeting of top producers was delayed. While deadly COVID-19 continues its deadly sweep across the planet, with more than 1.25 million now declared

Nifty Outlook And Market Update : 03.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 03.04.2020 - Ace Investment Advisory: Indian equities plunged on Wednesday, the first trading session of financial year 2020-21, erasing Tuesday’s gains as other global equity markets continued to see a sell-off. The 30-share benchmark Sensex declined 1,203.18 points, or 4.08%, to close at 28,265.31. The broader Nifty50 declined 343.9 points or 4% to close at 8,253.8 points. The daily turnover

Nifty Outlook And Market Update : 01.04.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 01.04.2020 - Ace Investment Advisory: Indian equities may have risen on Tuesday on the back of positive cues from Asian markets. The 30-share benchmark Sensex rose by 1028.17 or 3.62% to close at 29,4689.49. The broader Nifty50 also rallied 3.8% or 316.65 points to close at 8,597.75. Market experts, however, suggested that focus will now be on size and quality

Nifty Outlook And Market Update : 31.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 31.03.2020 - Ace Investment Advisory: Six stocks out of 30 Sensex stocks settled in a positive territory today, with Nestle India as the top gainer, up 4.49 per cent, followed by Tech Mahindra, Axis Bank and HUL Halting the 4-day gaining streak, Nifty 50 index settled nearly 5 per cent down in Monday’s  volatile session as the novel coronavirus cases continued to

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Nifty Outlook And Market Update : 27.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 27.03.2020 - Ace Investment Advisory: Indian equities bucked the trend in other global markets to end the day in the green. This is the third straight session that markets have closed in the green with the benchmark Sensex gaining 1410.99 points or 4.94% to close at 29,946.77. Led by banking stocks, the broader Nifty50 ended the day higher by 323.6

Nifty Outlook And Market Update : 23.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 23.03.2020 - Ace Investment Advisory: Nifty IT index ended up 9.03% at 12363.45 today. The index has slipped 26.00% over last one month. Among the constituents, Mindtree Ltd rose 16.93%, Hexaware Technologies Ltd gained 12.40% and Wipro Ltd jumped 10.38%.The Nifty IT index has fallen 21.00% over last one year compared to the 24.09% slide in benchmark Nifty 50 index.

Nifty Outlook And Market Update : 20.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 20.03.2020 - Ace Investment Advisory: During the day, the index hit a high and low of 29,370.53 and 26,714.46, respectively. Reliance Industries (RIL), ICICI Bank, Axis Bank, and Bajaj Finance contributed the most to the index’s fall while FMCG major ITC, HDFC Bank, and Infosys gave the muchneeded support. NSE’s Nifty ended at 8,263, down 205 points or 2.42 per

Nifty Outlook And Market Update : 19.03.20 - Ace Investment Advisory

Nifty Outlook And Market Update : 19.03.20 - Ace Investment Advisory: The S&P BSE Sensex sank 1,710 points or 5.6 per cent to end the day at 28,869.51. IndusInd Bank continued to bleed and ended at Rs 460 apiece, down 24 per cent. Other bluechip financial names such as HDFC Bank, HDFC, Bajaj Finance, and Axis Bank plunged up to 11 per cent. Investors lost around

Nifty Outlook AndMarket Update : 18.03.20 - Ace Investment Advisory

Nifty Outlook AndMarket Update : 18.03.20 - Ace Investment Advisory: There doesn’t seem to be any respite for the bulls as markets once again ended with over 2.5 per cent cut on Tuesday amid escalating fears of economic dislocation due to coronavirus (Covid-19). The S&P BSE Sensexslipped 811 points or 2.58 per cent to end at 30,579 with ICICI Bank (down 9 per cent) being

Nifty Outlook And Market Update : 17.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 17.03.2020 - Ace Investment Advisory: The S&P BSE Sensex today tumbled 2,713 points or nearly 8 per cent to end the session at 31,390 levels. All the 30 constituents of the index ended in the red. IndusInd Bank bled the most – down 18 per cent to Rs 658, followed by Tata Steel (down over 10 per cent), HDFC (down

Nifty Outlook And Market Update : 16.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 16.03.2020 - Ace Investment Advisory: Indian equity markets ended an eventful and highly volatile session with significant gains on Friday after posting a record intra-day recovery as investors temporarily put aside worries over coronavirus (COVID-19) spread and indulged in some bargain buying. The Nifty50 index was locked in 10 per cent lower circuit early morning, prompting a trading halt for

Nifty Outlook And Market Update : 13.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 13.03.2020 - Ace Investment Advisory: Indian equity markets went on a free-fall on Thursday as investors pressed and held the ‘sell’ button after the World Health Organisation declared the novel coronavirus outbreak a “pandemic”. The carnage on Dalal Street had eroded investor wealth worth over Rs 11 trillion in the stock markets till 11:10 am today. Overall, the Indian headline

Nifty Outlook And Market Update : 12.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 12.03.2020 - Ace Investment Advisory: Domestic bourses took a breather and consolidated after heavy falls following the impact of corona virus as it hit the India too. Global peers rallied today after Bank of England cut the interest rate by 0.50%.Asian markets ended lower following the impact of epidemic. Nifty fut settled at 10455. Media shares were the major gainers

Nifty Outlook And Market Update : 11.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 11.03.2020 - Ace Investment Advisory: The S&P BSE Sensex shed 1,942 points or over 5 per cent to settle at 35,635. Reliance Industries (RIL) tumbled around 14 per cent to hit its 52-week low of Rs 1,094.95 on the BSE. It was the biggest contributor to the index’s fall. Other index stocks that witnessed heavy selling were ICICI Bank, HDFC,

Nifty Outlook And Market Update : 09.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 09.03.2020 - Ace Investment Advisory: Bears continued to be in the driver’s seat on Friday as markets witnessed another bout of across-the-board sell-off following rout in global markets, owing to business disruptions due to COVID 19 (Coronavirus). Further, YES Bank crisis was another major factor that dragged the markets lower. The S&P BSE Sensex tanked 894 points or 2.32 per

Nifty Outlook And Market Update : 06.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 06.03.2020 - Ace Investment Advisory: The S&P BSE Sensex ended at 38,471, up 61 points or 0.16 per cent. TCS, HUL, Bharti Airtel and HCL Tech were the major contributors to the index’s gains. During the day, the index hit a high and low of 38,887.80 and 38,386.68, respectively. NSE’s Nifty 50 ended at 11,269, up 18 points or 0.16

Nifty Outlook And Market Update : 05.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 05.03.2020 - Ace Investment Advisory: The domestic stock market sharply came off day’s low and ended with modest losses on Wednesday. Shares slumped in the afternoon after India’s Health Minister Harsh Vardhan said that a total of 28 cases of COVID-19 (coronavirus) have been confirmed in India. The media reports of United States conducting an airstrike against Taliban in Nahr-e

Nifty Outlook And Market Update : 04.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 04.03.2020 - Ace Investment Advisory: The S&P BSE Sensex rallied 480 points or 1.26 per cent to settle at 38,623.70 while NSE’s Nifty50 ended at 11,303, up 170.5 points or 1.53 per cent. Drug major Sun Pharma ended as the biggest gainer on the Sensex with over 6.5 per cent gains. Tata Steel, ONGC and UltraTech Cement were the other

Nifty Outlook And Market Update : 03.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 03.03.2020 - Ace Investment Advisory: Panic selling in the last hour of the session after two new COVID-19 cases were detected in Delhi and Telangana spooked equity market on Monday, thus sending the benchmark indices into the negative territory for the seventh session in a row. On the NSE, the 50-share Nifty index ended at 11,133 points, down 69 points

Nifty Outlook And Market Update : 02.03.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 02.03.2020 - Ace Investment Advisory: Domestic stock market nosedived on Friday, mirroring a slump in global markets on fears that the Covid-19 (coronavirus) outbreak could turn into a pandemic and derail growth. The barometer index, the S&P BSE Sensex, tumbled 1448.37 points or 3.64% at 38,297.29. The Nifty 50 index lost 414.10 points or 3.56% at 11219.20.Investors were also cautious

Nifty Outlook And Market Update : 28.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 28.02.2020 - Ace Investment Advisory: Nifty50 closed lower at 11633.30   level, -45.20  points, or  -039  per cent. Nifty Support : 11550 and 11450  Resistance : 11700 and 11770.

Nifty Outlook And Market Update : 27.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 27.02.2020 - Ace Investment Advisory: Nifty Auto index ended down 2.15% at 7207.95 today. The index has slipped 13.00% over last one month. Among the constituents, Motherson Sumi Systems Ltd shed 4.75%, Apollo Tyres Ltd dropped 3.69% and Bosch Ltd slipped 3.67%.The Nifty Auto index has fallen 14.00% over last one year compared to the 7.78% increase in benchmark Nifty

Nifty Outlook And Market Update : 26.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 26.02.2020 - Ace Investment Advisory: Domestic shares ended with small losses on Tuesday, extending a steep sell-off a day earlier. Despite a positive start, the market barometers reversed trend by mid-afternoon trade and ended in the red. U.S. President Donald Trump’s two-day visit failed to boost investor sentiment. President Trump reportedly said on Monday the two countries will sign defense

Nifty Outlook And Market Update : 25.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 25.02.2020 - Ace Investment Advisory: Domestic shares slumped on Monday amid weak global cues as the number of Kovid-19 (coronavirus) cases outside China surged. The Nifty ended below its 100 days simple moving average placed at 11,955.66.Global sentiment took a beating following reports that South Korea put the country on high alert after the number of infections hit more than

Nifty Outlook And Market Update : 24.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 24.02.2020 - Ace Investment Advisory: After a one-day blip, benchmark indices once again slipped into the negative territory on Thursday, pulled down by heavyweights such as Reliance Industries (RIL), HDFC Bank, TCS, HUL and Asian Paints. Further, investors awaited more clarity on US President Donald Trump’s statement ahead of his visit to India that the two countries were working on

Nifty Outlook And Market Update : 20.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 20.02.2020 - Ace Investment Advisory: An across-the-board buying helped frontline indices to settle with over a per cent gains on Wednesday, thus snapping their four-day losing streak. Further, investor sentiment also got a boost after the finance minister said the government would announce measures to tackle the financial fallout from the Covid-19 (coronavirus) outbreak amid a fall in new cases

Nifty Outlook And Market Update : 19.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 19.02.2020 - Ace Investment Advisory: After falling over 440 points during the day, the S&P BSE Sensex witnessed sharp recovery in the last hour of the trade to end Tuesday’s session at 40,894 levels, down 161 points or 0.39 per cent. IndusInd Bank (down 3 per cent) emerged as the biggest loser on the index while SBI (up over 1

Nifty Outlook And Market Update : 18.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 18.02.2020 - Ace Investment Advisory: Key benchmark indices ended near the day’s low on Monday. Sentiment took a hit after Moody’s cut 2021 GDP growth forecast to 5.8% from 6.7% earlier. State-run banks, exposed to the telecom operators, tumbled after the Supreme Court refused relief and asked telecom operators to pay adjusted gross revenue (AGR) dues by 17 March. Among

Nifty Outlook And Market Update : 17.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 17.02.2020 - Ace Investment Advisory: Key benchmark indices ended lower on Friday. Trading was volatile after the Supreme Court on Friday initiated contempt proceedings against telecom companies for non-payment of Adjusted Gross Revenue (AGR) dues and directed that all directors of the companies be present at the next hearing.The matter will be heard next on March 17. Global shares were

Nifty Outlook And Market Update : 14.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 14.02.2020 - Ace Investment Advisory: Key market barometers ended with small losses on Thursday. While private banks dragged the indices lower, gains in IT and pharma shares provided support. Trading was volatile due to expiry of weekly index options on the NSE. The sentiment was affected by weak domestic economic data. Shares across the globe were under pressure as the

Nifty Outlook And Market Update : 13.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 13.02.2020 - Ace Investment Advisory: Key equity benchmarks advanced for second day on Wednesday. The Nifty 50 index managed to close above the 12,200 mark. Gains were supported by positive global shares as concerns over the ongoing coronavirus outbreak abated. While the Hindustan Unilever was the best performer, Yes Bank was the worst performer in the 50 share index. Industrial

Nifty Outlook And Market Update : 12.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 12.02.2020 - Ace Investment Advisory: The equity market barometers ended with decent gains on Tuesday. The Nifty, however, failed to close its above its 50-day simple daily moving average (SDMA) placed at 12,120.39. Global cues were positive as some Chinese factories slowly resumed operations amid the national fight against the novel coronavirus outbreak. The S&P BSE Sensex reclaimed 41,000, while

Nifty Outlook And Market Update : 11.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 11.02.2020 - Ace Investment Advisory: Tracking global peers, domestic stocks ended lower for the second consecutive day on Monday as uncertainties around coronavirus weighed on investor sentiment. The number of deaths from China’s new virus epidemic jumped to 902 after the hardest-hit province of Hubei reported 91 new fatalities. Nifty fut settled at 12040.05. All major indices were lower at

Nifty Outlook And Market Update : 10.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 10.02.2020 - Ace Investment Advisory: Halting its four-day gaining streak, equity market ended in the negative territory on Friday amid worries over  economic damage from the coronavirus outbreak and profit-booking in some of the recent out performers. The S&P BSE Sensex today slipped 164 points or 0.4 per cent to settle at 41,142, with NTPC (up over 3 per cent)

Nifty Outlook And Market Update : 07.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 07.02.2020 - Ace Investment Advisory: Domestic shares advanced for fourth trading session on Thursday after Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Thursday refrained from slashing repo rate and maintained an accommodative stance. Sentiment improved after RBI estimated a 6% GDP growth rate for 2020-21 while projecting a 6.2% growth rate for Q3 December 2020. It revised

Nifty Outlook And Market Update : 06.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 06.02.2020 - Ace Investment Advisory: Key indices advanced for third straight trading sessions on Wednesday. After a shaky start, the equity benchmarks turned volatile and hit the day’s low by noon. The indices, however, bounced back and ended near the high point of the day. The Nifty managed to close slightly above the 12,000 level. The sentiment got a boost

Nifty Outlook And Market Update : 05.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 05.02.2020 - Ace Investment Advisory: Key equity benchmarks ended with robust gains on Tuesday, supported by steep slide in crude oil prices and positive global shares. Further, RBI monetary policy meet (scheduled on February 6th) is awaited as it will throw light on the inflation trajectory as well as provide economic outlook going forward. Further, decline in oil prices and

Nifty Outlook And Market Update : 04.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 04.02.2020 - Ace Investment Advisory: Domestic shares ended with decent gains on Monday, after a sharp fall on Saturday, which was triggered due to lack of sufficient stimulus measures in the Union Budget. The Nifty managed to close above 11,700 mark. Gains were capped due to weak cues from other Asian stock markets. The headline seasonally adjusted IHS Markit India

Nifty Outlook And Market Update : 03.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 03.02.2020 - Ace Investment Advisory: Union Budget for 2020-21 turned out to be a big disappointment for the market as a wider fiscal deficit (at 3.8 per cent ) for FY20, absence of any announcement on reduction in Long-Term Capital Gain (LTCG) tax, and a new personal income tax regime (that came with various riders) gave away no clear roadmap

Nifty Outlook And Market Update On Budget Day : 01.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update On Budget Day : 01.02.2020 - Ace Investment Advisory: Expectations ahead of Union Budget 2020, and December quarter earnings kept the Indian indices volatile on Friday, The government is expected to raise spending on infrastructure and cut some personal tax in its  2020/2021 budget, to spur consumer demand and investment, government sources and economists told news agency Reuters. The benchmark S&P BSE Sensex ended

Nifty Outlook And Market Update : 31.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 31.01.2020 - Ace Investment Advisory: Domestic shares corrected sharply on Thursday amid weak global cues triggered by rising death toll from coronavirus spreading in China. Meanwhile, India on Thursday reported its first case of the novel coronavirus in Kerala, the government said in a statement. The patient, a student of the Wuhan University, is stable and in isolation at a

Nifty Outlook And Market Update : 30.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 30.01.2020 - Ace Investment Advisory: Key barometers ended with modest gains after a fairly range bound session on Wednesday. The Nifty managed to close above the 12,100 mark. Recovery in global stock markets boosted sentiment. However, gains were capped ahead of January F&O expiry on Thursday and the Union Budget on Saturday. Tata Motors, Bajaj Finance, Bharti Infratel, Nestle and

Nifty Outlook And Market Update : 29.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 29.01.2020 - Ace Investment Advisory: Metals continued to drag the indices down for the second straight session on Tuesday as investors weighed the impact of coronavirus to China’s and the world economy. Additionally, volatility in the Indian equities ahead of the Union Budget for 2020-21. The S&P BSE Sensex plummeted 188.26 points, or 0.46 per cent, to end at 40,966.86

Nifty Outlook And Market Update : 28.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 28.01.2020 - Ace Investment Advisory: Indian equities began the last week ahead of the presentation of the Union Budget for financial year 2020-21 on a shaky ground with most counters collapsing like a pack of cards on Monday. Metal stocks were under heavy selling pressure on Monday as investors grew increasingly anxious about the economic impact of spreading of China’s

Nifty Outlook And Market Update : 27.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 27.01.2020 - Ace Investment Advisory: Domestic shares advanced for second straight session on Friday, on broad-based buying support. At close, the Sensex was up 226.79 points or 0.55% at 41613.19, and the Nifty was up 67.90 points or 0.56% at 12248.30. Yes Bank, Tech Mahindra, Britannia Industries, UltraTech Cement and Axis Bank were among major gainers on the Nifty, while

Nifty Outlook And Market Update : 24.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 24.01.2020 - Ace Investment Advisory: Markets snapped three-day losing streak as stock-specific developments, Q3 result reactions, and low crude oil prices dominated the investor sentiment today. equity markets remained volatile in a range-bound trade due to weekly expiry. The S&P BSE Sensex closed settled near day’s high, up 271 points, or 0.66 per cent, at 41,386.40 level. L&T (up over

Nifty Outlook And Market Update : 23.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 23.01.2020 - Ace Investment Advisory: Key domestic benchmarks declined for third straight session on Wednesday. Large-caps witnessed selling pressure due to concerns over stretched valuations. Investors also turned cautious ahead of the Union Budget on 1 February 2020. The Nifty 50 index lost 62.95 points or 0.52% to 12,106.90, as per the provisional closing data. After hitting an intraday low

Nifty Outlook And Market Update : 22.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 22.01.2020 - Ace Investment Advisory: Key equity market barometers declined after a volatile session on Tuesday. Market sentiment was dented after the International Monetary Fund (IMF) lowered India’s growth forecast. Muted quarterly results by key index constituents and negative global cues also put pressure on domestic shares. On macro front, the International Monetary Fund (IMF) on Monday (20 January) said

Nifty Outlook And Market Update : 21.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 21.01.2020 - Ace Investment Advisory: After starting the day at record high levels, the equity barometers reversed trend and ended near the day’s low on Monday. The Nifty ended the session below the 12,250 level. Investors locked profits after recent steep gains. Firm crude oil prices affected market sentiment. Shares of six public sector undertakings (PSUs) were in action after

Nifty Outlook And Market Update : 20.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 20.01.2020 - Ace Investment Advisory: After bouts of volatility in the last two trading sessions, markets took a breather on Friday and traded flat for better part of the day. While financial and banking counters traded in the sea of red throughout the day, index heavyweights like Reliance Industries and Bharti Airtel, that surged 3 per cent and 6 per

Nifty Outlook And Market Update : 17.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 17.01.2020 - Ace Investment Advisory: Market Update Key equity market barometers ended with minor gains after a see-saw session on Thursday. Trading was volatile on account of weekly index options expiry on the NSE. Investors booked some profits after the US and China signed a preliminary trade agreement, expectations for which had driven global equities to record highs. On macro

Nifty Outlook And Market Update : 16.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 16.01.2020 - Ace Investment Advisory: Key barometers snapped four-day rising streak on Wednesday, as weakness in other Asian stocks triggered profit selling in the domestic market. Asian stock markets came under selling pressure after US Treasury Secretary said that the United States would continue tariffs on Chinese goods until the completion of a second phase of a US-China trade agreement.

Nifty Outlook And Market Update : 15.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 15.01.2020 - Ace Investment Advisory: Key benchmark indices crawled higher on Tuesday. Gains were capped as surge in domestic inflation numbers dashed hopes of further monetary easing by the central bank. The broader market, however, ended firm amid positive global cues. India’s inflation,based on monthly Wholesale Price Index (WPI), increased by 2.59% year-on-year in December 2019, accelerating from 0.58% in

Nifty Outlook And Market Update : 14.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 14.01.2020 - Ace Investment Advisory: Key benchmark indices ended near the day’s high after stellar rally on Monday, supported by positive global shares. Easing crude oil prices and strengthening rupee also boosted sentiment. IT major Infosys was the biggest contributor to index gains. The stock got a boost after encouraging Q3 numbers. India’s industrial output (IIP) grew 1.8% in November

Nifty Outlook And Market Update : 13.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 13.01.2020 - Ace Investment Advisory: Market Update Key domestic indices ended the volatile trading session with modest gains on Friday. The market sentiment was upbeat amid positive global cues. The Nifty pared gains after hitting a record high of 12,311.20 in early afternoon trade.At close, the Sensex was up 147.37 points or 0.36% at 41599.72, while Nifty was up 40.60

Nifty Outlook And Market Update : 10.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 10.01.2020 - Ace Investment Advisory: The domestic stock market ended with robust gains on Thursday, supported by strong global cues, reversal in crude oil prices and a sharp rebound in rupee. Global stock markets advanced as the United States and Iran backed away from the brink of conflict in the Middle East while investors reversed their safety plays. Except IT,

Nifty Outlook And Market Update : 09.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 09.01.2020 - Ace Investment Advisory: Iran’s missile strike on US-led forces in Iraq, and weak economic prospects for the current fiscal year 2019-20 kept investor sentiment at bay on Wednesday. Across-the-board selling, led by auto stocks, contained Indian equities in the negative territory. The benchmark S

Nifty Outlook And Market Update : 08.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 08.01.2020 - Ace Investment Advisory: After witnessing losses for two consecutive sessions, investors flocked equities markets on Tuesday in the wake of no major escalation between Iran and the United States. Indices, however, pared gains after reports suggested that Iran has labelled the entire US troop as “terrorists” and was exploring options to avenge Qassem Suleimani’s assassination. Investors were also

Nifty Outlook And Market Update : 07.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 07.01.2020 - Ace Investment Advisory: The domestic stock market tanked on the very first trading session of the week staring the week on bearish note as the geopolitical tension between US and Iran might take the face of serious war like situation thus sending all the equities market around the globe in jeopardy. All the major sectoral indexs ended in

Nifty Outlook And Market Update : 06.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 06.01.2020 - Ace Investment Advisory: The domestic stock market declined on Friday, mirroring a global sell-off as geopolitical tensions spiked after U.S. airstrikes in Iraq killed a top Iranian military commander. The middle-east tensions sent Brent Crude Futures soaring, which further spoiled investor’s sentiment at D-Street. Among sectors, IT and pharma ended higher, while selling seen in the auto, bank,

Nifty Outlook And Market Update : 03.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 03.01.2020 - Ace Investment Advisory: Key market barometers extended Wednesday’s gains and ended near the day’s high on Thursday. The Nifty ended above 12,250 mark. Good manufacturing PMI data for December lifted investors’ sentiment. The headline seasonally adjusted IHS Markit India Manufacturing PMI rose to 52.7 in December, from 51.2 in November. The number pointed to the joint-strongest improvement in

Nifty Outlook And Market Update : 01.01.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 01.01.2020 - Ace Investment Advisory: A weak trading sentiment across the globe, and concerns over infrastructure output data for November — due later in the day pushed investors towards profit-booking on the last trading day of calendar year 2019. The S&P BSE Sensex settled at 41,253.74 level, down 304.26 points or 0.73 per cent, Tech Mahindra, Bajaj Auto, Reliance Industries,