Market Outlook MCX Gold showed sideways movement within specific range for most part of the session. It resisted near important resistance of 38000 and traded below it since last session. Closing above 38000 can further result in up move whereas…
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The Sensex and the Nifty ended with strong gains after hitting all-time highs on Tuesday. IT and metal shares were in demand while the Nifty Bank index hit a record high. Sentiment was buoyed on the back of cooling trade…
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Market Outlook MCX Gold showed recovery from deeper support levels of 37500. Although it moved in a range since last three consecutive sessions where 37700 has been acting as key resistance above which 38000 is seen as next resistance while…
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The benchmark indices ended higher after a roller-coaster session on Wednesday. After starting the day in the green, the indices sharply pared gains and hit the day’s low in mid-afternoon trade. Strong buying support in the final hour of trade…
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The benchmark indices ended lower after a volatile session on Thursday. Shares swayed between gains and losses after RBI’s surprise move of keeping the rate unchanged today. Banking stocks came under pressure. Volatility was also triggered by weekly expiry of…
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Market Outlook MCX Gold continued the bears so seen in the previous session from the key resistance level of 38400. Any closing below 38000 can be a weak signal for the bullion where deeper supports are seen in the range…
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Market Outlook MCX Gold opened on higher note as compared to previous close and moved towards higher levels on back of strong dollar. On lower side, 37450 acted as strong support whereas 37900 may hinder it to move towards 38000…
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Key market barometers ended with decent gains on Thursday. Indices witnessed significant volatility on account of monthly F&O expiry. The November 2019 F&O contracts expired today, 28 November 2019. On macro front, India’s GDP data for September quarter is scheduled…
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Key equity barometers ended with minor gains on Friday, mirroring gains in other Asian stock markets following reports that the United States and China are getting close to an interim trade pact. Bharti Infratel, Bharti Airtel, SBI, Zee Entertainment and…
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Market Outlook MCX Gold opened on lower levels and sustained below the previous closing for the entire session. If the bullion continues to trade below 38000 for upcoimg sessions then it may further drag towards the near support of…
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