Tag Archives: rallies

Use rallies to go short on Nifty; 5 stocks which can give up to 15% return

Rohit Singre Bonanza Portfolio The Nifty index closed the day on a flat note on Wednesday after a volatile session. Consecutively, the index showed a volatile session for the third day in a row and closed at 10,443.20. Technically, the index has formed strong resistance near 10,550 zone and we have seen a strong profit booking from the said levels. ... Read More »

Closing bell: Sensex rallies 346 pts to end above 33K; Midcap, Nifty gain 1%

3:30 pm Market Closing: Equity benchmarks rebounded sharply after three-day of losses, backed by technology, banks, metals and energy stocks. The 30-share BSE Sensex was up 346.38 points or 1.06 percent at 33,106.82 and the 50-share NSE Nifty rose 96.80 points or 0.96 percent to 10,214.80. About 1,672 shares advanced against 983 declining shares on the BSE. 3:29 pm Coal ... Read More »

Oil rallies to best week in years after OPEC output deal

Oil prices rallied for their best week in at least five years on Friday, steadying above $51 a barrel, following OPEC’s decision to cut crude output to rein in a global glut that has weighed on prices for more than two years. After the deal was announced on Wednesday, the market focused on the implementation and impact of OPEC’s first ... Read More »