A move past 6,093 would indicate that the worst may probably be over for the index.
Early signs of a crack are visible in the pharma and IT sectors. If the Bank Index fails to lend support, the damage to the Nifty could be quite sharp
The IT index is the only bright spot in the market scenario, with banks and FMCG too showing signs of weakness<br /><br />
Looking at the technical picture in Reliance Industries and ONGC, there appears to be a strong case for the Nifty to at least remain afloat if not seek higher levels<br /><br />
The Nifty still has to contend with stiffer resistance at 6,135. The key levels to watch are 5,900 on the lower side and 6,135 on the higher side.
After the initial panic that the Federal Reserve will wind down the monetary spigots, the central bank officials walked back on the statement saying that they were in no hurry.
It is important to keep a close eye on the bond markets while trading equities. Equities are the teenagers of the market, while bonds are the grandads.
It makes little sense to chase price and buy at prevailing levels. Any correction may be used to build long positions in sound large-cap stocks in software and banking.
The momentum in the Nifty over the last two days gives bulls an edge, but traders should not be so confident about market direction
Insurance penetration in India is among the lowest in the world:
Between 2004-05 and 2011-12, education, health and recreation services added even more employment than the fast growing financial, real estate, business and IT services sector.
Investors may use any weakness to build long positions in the Nifty as well as high quality large cap stocks.
A fall below the 12 July low of 5,496.95 would result in a bearish sequence of lower highs and lower lows.
The S&P 500 needs to break out of it's resistance zone, for Nifty to go higher. However, a policy boost from the Reserve Bank of India could also push the Nifty higher.
A drop in the US dollar index does not seem to help the rupee; this shows that the Indian currency seems to be marching to its own gloomy beat.
The Nifty is below the swing low of 5,930. This has resulted in lower highs and lower lows, which strengthens the case for a slide to 5,650-5,700
In the years starting 2014-15, the repayment burden of government debt will show a sharp spike upwards. The next government will have little fiscal breathing space.
A crack in the Bank Index in the recent trading week was instrumental in bringing down the Nifty. Watch out for a further correction.
The rupee's weakness despite zero interest rates in the US is worrying. What is the US Fed stops printing money and the dollar strengthens further?
ong term investors may use any weakness to buy fundamentally sound stocks from the banking space. A fall below the recent swing low at 12,188 would indicate reversal of the bullish view.
It is very likely that the Indian markets will follow the US markets at least to make it to its past all time highs
Here's a look at how repo rates moved in this financial year:
Nifty is currently at levels where there is no technical justification to consider fresh long or short positions. Unless the Nifty falls below the 6,000 mark, there is no reason to even consider short positions.
Why foreign ownership is risky for Indian markets
The 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
According to the latest study by real estate research firm, Knight Frank, property investment has yielded 74 percent returns, while investment in equity, as measured by Sensex, has lost money
While the index is headed towards multiple resistance levels, there are no signs of weakness as yet.
Gold caught a bounce this week as it hit a support zone driven by sell recommendations by leading investment firms. I