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