Tag Archives: week’

Modi’s new government formation, GDP data likely to drive market this week

Mumbai: The formation of the new government at the Centre along with GDP data and derivatives expiry will dictate the trends of the Indian equity market in the coming week. The BJP-led National Democratic Alliance (NDA), which comprehensively won the just concluded Lok Sabha elections, will soon form the new government and appoint key Union Ministers. “Now the focus of the market should be on economic growthcycle besides ... Read More »

Dalal Street week ahead: Market likely to remain choppy; protect profit on every rise

The week gone by remained as flat as it could get. In our previous weekly note, we had projected the market to remain volatile with the 11,760 level providing stiff resistance to any rally. On those projected lines, the market remained volatile, headed nowhere and continued to face resistance at the 11,760 level before finally ended the week flat with ... Read More »

The week in 10 stocks: Jet Airways in higher orbit, 25 stocks scale a record

Global funds are making a beeline for India big time. Their growing interest, along with expectations of Narendra Modi taking power again and forecast of plentiful rains ahead, gave the bulls enough will power to stay in-charge for the sixth straight week on Dalal Street. The Sensex rose 1.33 per cent, or 508 points, to 38,673 for the week to March 30. NSE’s Nifty ... Read More »

Politics, US-China trade talks among 7 factors that may guide market next week

NEW DELHI: Market witnessed bouts of volatility during the week gone by due to Indo-Pak tensions, the expiry of February F&O contracts and macroeconomic numbers. However, signs of easing tensions between India and Pakistan and positive sentiment in Asian peers supported domestic market to log healthy gains on Friday, wrapping the week on a positive note. For the week, Sensex ... Read More »

Sensex, Nifty jumps 1%; Heads up as 45 stocks hit 52-week low this week

The Indian market which started on a somber note managed to push the index back above crucial resistance levels in the week gone by, which was largely positive for the bulls. The Nifty50 reclaimed its crucial resistance level of 10,900 and closed the week with gains of 1.04 percent. Similarly, the S&P BSE Sensex reclaimed 36,000 and closed 1.05 percent ... Read More »

Week ahead in business and finance

Monday Full-year results MJ Gleeson Trading update Dairy Crest Economics CPI (EZ) Tuesday The focus at Ocado is shifting from bagging overseas contracts to executing them. The FTSE 100 firm’s shares have surged after striking deals to supply its automated warehouses to companies in France, Canada, Sweden and the US. City analysts now expect the flow of deals to slow. ... Read More »

Global Economy Week Ahead: U.S. GDP Revisions and Other Data

The U.S. Commerce Department releases personal consumption data this week,a measure of household spending on everything from hospital stays to groceries. PHOTO: SCOTT OLSON/GETTY IMAGES In the week ahead, the U.S. Commerce Department releases second-quarter gross domestic product revisions and July personal-income figures. Overseas, Brazil will see second-quarter gross domestic product data and China will release factory-activity numbers. Wednesday: The Commerce Department ... Read More »

Market Live: Sensex starts the week on a positive note, Nifty above 11K; UPL rises 3%

South Indian Bank falls: Shares of South Indian Bank plunged 18 percent on Monday morning as investors turned wary of a fall in its net profit. The stock touched an intraday high of Rs 20.60 and an intraday low of Rs 18.45. The Kerala-based South Indian Bank declared a net profit of Rs 23.04 crores for the first quarter of the financial year ... Read More »

Celebrate and Buy at National Farmers Market Week Aug 6 to 12

It’s National Farmers Market Week this week, from August 6 to 12, 2017. Last Thursday U.S. Agriculture Secretary Sonny Perdue signed the Proclamation designating this week as “National Farmers Market Week.”  This is the 18th year the U.S. Department of Agriculture has supported National Farmers Market Week. The goal of National Farmers Market Week is to encourage families to purchase from farmers ... Read More »

Brace for volatility in F&O week; 5 stocks which can give up to 14% return in 2 months

Indian market witnessed a volatility week as benchmark indices closed marginally higher but over their crucial support levels. The Nifty50 closed 0.29 percent higher at 9,915 and the S&P BSE Sensex ended above 32,000 for the week ended 21 July. The Nifty50 index is trading at its all-time high and the recent up move in the index has not been ... Read More »