By Dharmesh Shah The NSE Nifty 50 staged a strong comeback of 1100 points despite a gap down opening (16245-15870) for the week. As a result, weekly price action formed a strong bull candle, highlighting a pause in downward momentum as buying demand emerged from key support of 15800 amid oversold condition. Further, a major […]
Asian shares crept higher on Monday as investors braced for a week where U.S. inflation data will test wagers the next move in interest rates will be down, while worries about a possible credit crunch weighed on the dollar. Friday’s robust U.S. payrolls report has already delivered a setback to easing hopes and any upside […]
Indian equity indices ended Thursday’s volatile session in green on weekly F&O expiry. The Nifty closed above 17890 and Sensex settled above 60800. The top gainers of the BSE Sensex were Bajaj Finserv (up 2.30%), Asian Paint (up 1.80%), Infosys (up 1.76%), Bajaj Finance (up 1.59%) and IndusInd Bank (up 1.51%) while Bharti Airtel (down […]
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