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