Cnx Bank Index
All Stories for Cnx Bank Index
Nifty, Bank Index and Reliance are on a weak wicket
Fp Archives •The 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
Nifty may see near-term bounce, but view is still bearish
Fp Staff •Despite the last minute reversal, the medium term view of the Nifty is still bearish
Index scrips Reliance, HDFC and ICICI Bank look bearish
Fp Archives •The 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
Nifty above 5900: Can it sail past crucial resistance zone?
Fp Archives •It remains to be seen if the index would stage an emphatic breakout past this crucial resistance zone.
Nifty in bear territory, but small bounce is likely
Fp Archives •The banking and oil and gas sectors are likely to play a key role in dragging the Nifty down once the upward move is complete.
Bank Nifty goes weak in the knees; time for caution
Fp Archives •The NIfty is in skittish territory, and the Bank Index is the weak link in the chain.
Nifty in southward stance: SBI and Reliance are weak links
Fp Archives •The banking, auto and pharma indices come across as prime suspects that could push the Nifty to lower levels.
Nifty headed for further lows: rallies may be short-lived
Fp Archives •The Nifty is now in correction mode, and any rally should be a reason for short-selling
Loss of momentum in Nifty needs to be noted for now
Fp Archives •Nifty is at a crucial resistance level. The rally since 20 November has been almost unidirectional and could be vulnerable to correction.
Reliance and IT stocks are key to next phase of bull run
Fp Archives •Recent price action suggests that the CNX Energy and IT Indices may play a key role in propping up the Nifty. The Auto and FMCG Indices may act as a drag