Latest News on CNX Bank Index
Showing of 0 - 10 from 36 results
CNX Bank Index - Total results - 36
Nov 09, 2013
Despite bearish performance, Nifty outlook is bullish this weekFrom a medium-term perspective, only a breach of the swing low at 5,700 would damage the bullish set-up.
Oct 05, 2013
Nifty will remain volatile, rangebound: Sell on rallyA look at the broader picture indicates that the Nifty is likely to spend some time in a range of 5,350-6,150 for a while. Until these broad reference points are taken out, it would make sense to sell on rally or buy the dips. This is a strategy suited for a range-bound market.
Sep 28, 2013
Nifty could head lower next week; Wipro, Bhel could slideExcept for a sharp cut on Monday, the Nifty did a whole lot of nothing during the week gone by.
May 04, 2013
Nifty is running weak; SBI, ICICI and Axis are vulnerableThe Bank Index has helped pull the Nifty down. There is reason to think the trend is down in the short run, and pivotal banks stocks are under threat
Apr 27, 2013
Nifty, Bank Index and Reliance are on a weak wicketThe NIfty's inability to clear the resistance at 5,980 is irksome. This is the time to stay on the sidelines and wait for better cues
Mar 30, 2013
Nifty may see near-term bounce, but view is still bearishDespite the last minute reversal, the medium term view of the Nifty is still bearish
Mar 16, 2013
Index scrips Reliance, HDFC and ICICI Bank look bearishThe stage is set for the Nifty to make a big decisive move. A move past 5,970 or a fall below 5,791 would set the direction
Mar 11, 2013
Nifty above 5900: Can it sail past crucial resistance zone?It remains to be seen if the index would stage an emphatic breakout past this crucial resistance zone.
Mar 02, 2013
Nifty in bear territory, but small bounce is likelyThe banking and oil and gas sectors are likely to play a key role in dragging the Nifty down once the upward move is complete.
Feb 23, 2013
Bank Nifty goes weak in the knees; time for cautionThe NIfty is in skittish territory, and the Bank Index is the weak link in the chain.