Monday, March 16, 2020

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

Friday, March 13, 2020

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

Thursday, March 12, 2020

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

Wednesday, March 11, 2020

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,

Monday, March 9, 2020

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

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