Monday, June 29, 2020

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

Friday, June 26, 2020

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

Thursday, June 25, 2020

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

Monday, June 22, 2020

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.

Friday, June 19, 2020

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%,

Thursday, June 18, 2020

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

Wednesday, June 17, 2020

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

Monday, June 15, 2020

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

Wednesday, June 10, 2020

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

Monday, June 8, 2020

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

Thursday, June 4, 2020

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

Wednesday, June 3, 2020

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

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