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Whats Next After Monday's Gains; Weekly Outlook for NSE NIFTY by FairWealth Securities

Nifty on account of stable government ahead opened gap up and hit 15% upper circuit in first 5 min of trade & after hitting the next 20% filter markets remained shut for the remaining part of the day and finally closed at 4308.

In coming days Nifty may trade rangebound and may again see consolidation at above 3834 levels before continuing its upward journey. On daily closing RSI has reached a value of 80 which is a high extreme value of RSI.

After Seven Months, Sensex Regains 12K: Nirmal Bang

After Seven Months, Sensex Regains 12K: Nirmal Bang  The benchmark indices on Monday (May 04) marked its closure on a burly note on account of optimistic Asian signals and heavy institution buying.

The benchmark indices witnessed largest single day gain since Oct 31, 2008.

The 30-share-index BSE Sensex ended the day after making a gain of 732 points at 12,135, whereas the broad-based Nifty closed at 3,654, up 180 points.

Indian Stock Markets Outlook: Nirmal Bang

Indian Stock MarketAsian stocks rose, led by technology and finance companies, as manufacturing in China expanded for the first time in nine months and regional leaders pledged to start a $120 bn foreign? currency reserve pool. The Association of Southeast Asian Nations, together with Japan, China and South Korea, said they will start a $120 bn foreign? currency reserve pool by the end of the year to help revive investor confidence.

Bulls back in action; Sensex gains over 400 pts in a single trading session

sensexToday domestic markets ended the week with a big rally and closed at the high point of the day on account of firm European markets along with positive US index futures. However a little bit of volatility prevails at higher levels ahead of F&O expiry today. The investors covered their short positions before F&O expiry.

Indian Markets jump after yesterday’s fall; BSE Sensex gains 402 points

Bombay Stock MarketsThe benchmark indices ended smartly with hefty gains after yesterday's steep fall on the back of positive global cues and short covering on the F&O expiry day. The Sensex closed at 11,403 up 402 points or 3.65% and the Nifty surged 3.32% or 112 points to settle at 3,474. Te BSE Midcap Index closed 63 points or 1.83% and the Smallcap Index went up 1.35% or 52.

BSE Sensex closes marginally higher after volatile session

BSE Sensex The benchmark indices closed on a flat note after an extremely volatile and choppy session ahead of expiry. Stocks around the world declined as the Swine Flu outbreak extended beyond Mexico and the U. S., prompting concern of a pandemic and forcing Asian countries to screen travelers.

Stock Market Outlook for Friday: Nirmal Bang Securities

After volatile session, Indian Stock Markets bounced back smartly. Ending three days of consolidation and range-bound activity, NSE Nifty closed above its 200-day moving average of 3,392. The Sensex hit an intraday high of 11,203 before closing the day at 11,135 up 317 points or 2.93%. The Nifty ended up 2.8% or 93 points higher at 3,424 after hitting a high of 3,439 and low of 3310.

Sensex Regains 11K; Up 247.11 Pts At 11,064.65

Sensex Regains 11K; Up 247.11 Pts At 11,064.65On account of heavy buying action in bluechip stocks, Sensex has regained 11K mark in today’s session.

Heavy buying was seen across select metal, IT, auto and capital goods stocks.
 
BSE Midcap and Smallcap Index were up by 0.85% and 0.57% respectively.

Today, the Indian stock market belled the day on a positive note as against its last closure in which it lost 80.57 points, while the NSE Nifty fell by 35 points.

Stock Market View & Outlook: Nirmal Bang

Stock Market View & Outlook: Nirmal BangThe benchmark indices saw yet another unpredictable day, and ended on a pessimistic note for the third consecutive trading session.

The BSE Sensex marked its closure at 10,817, down 81 points, after touching an intraday peak of 11,036 and low of 10,715.

In contrast, the broad-based Nifty closed after losing 35 points at 3,330. It hit an intraday high of 3,401 and low of 3,296 respectively.

Stock Market Outlook for Thursday: Nirmal Bang Securities

Stock Market Outlook for Thursday: Nirmal Bang SecuritiesGlobal cues were good, but Indian Stocks markets turned negative after positive opening on Wednesday. Selling was seen in select capital goods, metals, pharma and banking stocks.