Dalal Street Week Ahead: Shift focus to index stocks

Dalal Street Week Ahead: Shift focus to index stocks

After spending nearly 10 weeks below the falling trend line pattern resistance and taking support at important levels, the Nifty has finally attempted to break above this significant resistance pattern. In the short trading week interrupted by a holiday, the market continued inching higher while keeping their head above the crucial supports. The volumes through … Read more

Dalal Street Week Ahead: Market to stay highly stock-specific

Dalal Street Week Ahead: Market to stay highly stock-specific

The markets had a strong week much on the expected lines. In the previous weekly note, it was categorically mentioned that the markets may resume their up move after a brief period of consolidation. Over the past five sessions, the markets continued to inch higher as they got stronger in the process. And with the … Read more

Dalal Street Week Ahead: Nifty50 in a no-trade zone; consumption pack to relatively perform well

Dalal Street Week Ahead: Nifty50 in a no-trade zone; consumption pack to relatively perform well

Nifty50 has continued to struggle to keep its head above key levels, precisely on the expected lines, as it closed the week on a flat note with a negative bias. The trading in the entire week was shaky, with Nifty50 either opening with either a gap up or with a gap down on almost all … Read more

Nifty Realty Index soars 25% in 3 sessions. What’s driving this rally

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NEW DELHI: Realty stocks were on a roll on Thursday amid reports of higher expected property registrations in September and the stamp duty cut in Karnataka. Shares zoomed as much as 17 per cent during the session. A fresh round of rate cuts on home loans by mortgage lender HDFC and top lenders like Kotak … Read more