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

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

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

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

Nifty Outlook And Market Update : 27.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 27.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 settled lower in Tuesday’s volatile trade after shedding all their morning gains despite positive global cues. Sensex dropped 477 points from the day’s high of 31,086, to end 63 points lower at 30,609. While the broader Nifty 50 index finished at 9,029, after hitting day’s high of 9,162. IT stocks remained under pressure