The Nifty, Dow and US dollar have reached crucial points from where if the dollar rises, the equity indices could fall
A fall below 5,590 would indicate that a slide to 5,450 is underway; a move past 5,730 would confirm a rise to 6,000.
The Nifty is in a minor correction phase. The bullish trend would be in question only if the Nifty falls below 5,450
The currency presses have debased the dollar, the rupee and every kind of fiat money. Only gold has escaped debasement.
Frontline banks stocks like SBI, Axis Bank, and ICICI Bank have displayed strong momentum in recent weeks, and this is a good sign<br /><br />
The Nifty remains in bullish territory. But the market is moving towards mid-cap stocks like Redington, Corporation Bank, and NIIT Technologies.
The fundamental view on the markets is that reforms will push up the indices. But the technical charts give us cause for pause.
As long as the Nifty trades above the support at 5,400, it would reasonable to expect the Nifty to hit the target of 6,000. The CNX Bank Index too is bullish
The rebound in the Nifty was driven in part by the sharp surge in the Bank Index. But the latter is still to cross its resistance zone.
The Nifty's bounce is interesting, but to confirm a rally, it will have to move beyond 5,450; but several cement stocks are ripe for a fling
The US and European markets may impact Indian equities, but the Nifty has entered a bullish zone which will be the most important reason for the bounce.
If the Nifty falls below 5,330, it would be an early sign that a short-term downtrend is underway. It could then slide to the major support at 5,195.
The Nifty moved past a small resistance, but the follow-through was not strong. This means one should focus on strong stocks rather than the indices
Neither the Nifty nor the CNX Bank Index are in bull territory. In stocks, Jaiprakash is bearish, while Dishman Pharma has a positive outlook
The Nifty is regaining some of its bounce, but the dollar and gold have a mixed outlook. A lot depends on what the moneymen in the US and eurozone do
A recent Goldman Sachs report has pointed out that slowdown in sales of scooters and motorcycles portends negatives for Hindustan Unilever Ltd (HUL), apparently with a quarter's lag.
The S&P CNX Nifty was in line with expectations, the index ruled weak and also tested the support zone of 5,100-5,120 mentioned last week.
At a time when foreign investors are bullish on India and have increased their stakes in many companies so far, domestic funds have been net sellers.
The risks are now all on the downside for NIfty and the Bank Index. Traders should thus be more focused on specific stocks.
Among Sensex companies, only HDFC, HDFC Bank and Tata Consultancy Services have seen a rise in FII interest.
One should expect volatility over the next months as Q1 results are dished out daily. Nifty, the Bank Index and even the rupee will be skittish
The Nifty is still digesting its last big upmove. It has to clear its next resistance for a further rally. But stocks like IDFC, Dr Reddy's, Titan and Voltas are worth a second look
Despite the European monetary easing, the markets did not rise - but India held firm. Does this mean the markets finally know that easing won't work?
Indian equities have risen 13.1 percent followed by the US (8.3 percent) and Poland (6 percent). Brazil, with a fall of 9.5 percent, was the worst performer.
According to data compiled by Firstpost, combined losses of the three listed companies increased to Rs 4,170 crore in 2011-12 from Rs 917 crore the previous year.
A look at chart patterns in the index heavyweights supports the bullish view. The Nifty and the Bank Index appear to be on a uptrend.
Oil hit multi-month lows this week on concerns that Spain's soaring bond yields could eventually lead to an international bailout for Madrid, but investors hope any further monetary easing by the US will boost liquidity and support prices.
Many PSUs have been asked to invest their spare cash or park a portion those funds with the government.
A news-heavy week lies ahead. But the positive outlook would be under threat only if the Nifty falls below the support level of 4,940.
The Aditya Birla Group (Ultratech) and France's Lafarge are in talks to buy out JP Associates' cement plants in Gujarat and Andhra Pradesh.