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,