Data News - Page 5
This US dollar-rupee chart tells us the market is wary of UPA
The dollar-rupee rate has never been as volatile as its has been under the UPA regime.
What Murthy magic? HCL Tech beats Infosys hands down
Shares of most Indian IT companies have been on the rise in the past few months, due to expectations of a rise in demand in the coming year. Most large and mid-size IT players have hinted at a marginal uptick in spending by clients and a rise in discretionary spending during 2014.<br /><br />
Realty inventories near record high: Buyers should drive hard bargains
There is simply too much inventory available for property builders to not offer discounts. It's time for buyers to drive hard bargains.
Banks may spoil Nifty party; JP Associates a low-risk buy
The bullishness in the Nifty is neither reflected nor supported by the Bank Index.
H1B Visa norms: What's good for IBM is not good for American engineers
As US senate debates the H1B visa regulations, there's a big question its members will have to face: some of the proposals are good for its big tech firms, but are they good for American engineers?
Punters should make small bets till RBI action on 29 Jan
The market is waiting for a clear signal on decisive up or down moves. But the undertone is still bullish, and several stocks look ripe for a punt.
The Bank index will outperform if Nifty hits all-time high
Last week's slide should not scare markets, for the price movement suggests that bulls are still in control.
Sensex inches out: A 500-point rise should be possible
Though there appear to be no constraints to a short-term rally, the market is nearing all-time highs. It is thus time to take a short-term view.
Bank Index going great guns; the target is 13,100
Bank stocks, especially those in the public sector, will be key drivers of the index in the weeks ahead
Two to tango: Nifty ready to rally, Sensex says not yet
Unless the Sensex breaks out we'd be cautious about a market rally. In case the Sensex closes above the 19,800 level, one could go long
Nifty, Bank Index are ready for some major moves
The Nifty and CNX Bank Index are locked between bearish and bullish triggers. This means a major move can be expected shortly
Beyond Nifty heavies, the big gains may be in mid-caps
With a breakout past 5,690, the short-term trend has turned bullish and the rally towards the target of 6,000 appears underway
Nifty, Bank Index still looking at the downside
Considering the short-term uncertainty, Nifty is best avoided from a trading perspective. Compulsive Nifty traders may take the options route to scalp money from the broad range-bound action.
A short-term slide, but Nifty 6,000 is still on the cards
A short-term corrected in the indices does not negate a move to the Nifty 6,000 level. Grasim and Reliance Cap are also in a small downtrend
Bears, take a breather; but keep an eye on US market
The global markets will take their cues in the coming weeks on how the US tackles its fiscal cliff. Its not the time to be bullish or bearish
Chart: Get ready for Nifty's journey towards 6,000
The short-term outlook remains bullish and a rally to the immediate target of 6,000 remains the preferred view.
Chart: Global markets vote down US poll results
A rally in the US markets can be a positive for the Indian markets. Aggressive S&P 500 traders can buy the S&P futures traded on NSE to take advantage of a potential bounce.
Nifty, Bank Index may be poised for next uptrend
The Nifty is still in bull territory, and so is the CNX Bank index. So watch the action closely next week for hints on future direction.
Nifty is two minds: but medium-term is still bullish
The Nifty is still to figure out its direction. It's best to look at stocks that are showing some direction: like Sundaram Finance and M&M
Nifty, Dow close to break-point: US dollar at resistance
The Nifty, Dow and US dollar have reached crucial points from where if the dollar rises, the equity indices could fall
Big Nifty move likely after downside correction
A fall below 5,590 would indicate that a slide to 5,450 is underway; a move past 5,730 would confirm a rise to 6,000.
Nifty in correction mode, but the bulls are still in business
The Nifty is in a minor correction phase. The bullish trend would be in question only if the Nifty falls below 5,450
Why gold bugs should pray for a Mitt Romney victory
The currency presses have debased the dollar, the rupee and every kind of fiat money. Only gold has escaped debasement.
Nifty heads for 6,000; banks stocks gain traction
Frontline banks stocks like SBI, Axis Bank, and ICICI Bank have displayed strong momentum in recent weeks, and this is a good sign<br /><br />
Market mood shifts in favour of mid-caps stocks
The Nifty remains in bullish territory. But the market is moving towards mid-cap stocks like Redington, Corporation Bank, and NIIT Technologies.
Contrarian view: The charts still favour the Nifty bears
The fundamental view on the markets is that reforms will push up the indices. But the technical charts give us cause for pause.
Bull signal: Nifty on course to target 6,000 next
As long as the Nifty trades above the support at 5,400, it would reasonable to expect the Nifty to hit the target of 6,000. The CNX Bank Index too is bullish
Watch the Bank Index - and SBI, NIIT Tech and IDFC
The rebound in the Nifty was driven in part by the sharp surge in the Bank Index. But the latter is still to cross its resistance zone.