The Nifty has pulled back above the 200-Day Moving Average (200-DMA) and it has successively tested higher resistance
The Nifty gained on all but one occasion during the week
Thaw in US-China ties, RBI's dovish tone fire up stocks
The Nifty posted its lowest close since October 11, closing 1.9 percent lower for the week
The Nifty is one of the most-traded derivatives contracts on the Singapore bourse
The long-term trend should still be counted as bullish. But the intermediate trend maybe negative
Domestic equity fund managers are of the view that the recent sell-off may extend further and don't rule out the possibility of the benchmark Nifty index slipping below the 10,000-mark. In the past one year, most fund managers have emerged as aggressive whenever the market has gone into slightest of correction mode. However, this time could be different. Despite, the benchmark indices coming off six per cent from the peak touched last week, money managers would like want to wait for lower levels before they start deploying capital aggressively."The sharp spike in the US bond yields is a serious issue. It has changed the cost structure for investing in equities. With the yield on the 10-year Treasury note in the US nearing three per cent, the equity markets are headed for turbulent times," said a senior fund manager.Business Standard spoke with several top fund managers on condition of anonymity. Fund managers say the latest correction will test equity investors' patience. "Some ...
The Nifty IT Index also returned 12 per cent in the last year, underperforming the broad market
Nifty, Bank Nifty, Bharti Infratel, HPCL, Wipro
Nifty, Bank Nifty, Dr Reddys, Bajaj Auto, Hindalco
Nifty, Bank Nifty, Tata Motors, Indiabulls Housing Finance, HPCL
Nifty, Bank Nifty, Tata Steel, BPCL, HCL Tech
Trend following signals suggest buying the Nifty with a stop at 10,350
Market outlook by Devang Shah
Change in retail sentiment prior to elections could end bubble
Trend following signals are indeterminate in the short-term. The advance decline ratio is nearly flat
Nifty, Bank Nifty, Sun Pharma, Infosys, Coal India
Nifty, Bank Nifty, Mahindra & Mahindra, Aurobindo Pharma, Coal India
A weak Index of Industrial Production for September, and rising retail inflation for October might have been triggers
Nifty, Bank Nifty, ITC, Ambuja Cements, HDFC Bank