Key equity indices declined on Tuesday, as investors locked profits after seven-day rising streak. Sensex ended 53.73 points or 0.13% at 40248.23 in the red, and the Nifty closed 24.10 points lower at 11917.20. About 996 shares have advanced, 1448…
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The market extended rally for sixth straight session on Thursday. The sentiment was boosted by foreign funds turning net buyers of Indian stocks in the past few sessions. Better-than-expected Q2 results from a few companies also supported buying. In the…
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Market Outlook MCX Gold traded in sideways manner and in the same range as of last few sessions. It again resisted near 38250 for the last few consecutive sessions and any breakouts above it can lead it to next resistance…
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Market Outlook MCX Gold traded in the same consolidated range on daily chart since last five consecutive sessions. Recovery from bottom levels can be seen till it sustains above 38000mark where 38700 is seen as important resistance. MCX Crude opened…
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Key equity benchmarks surged higher after six sessions of non stop selling as the rate cut by RBI didn’t cheer the market. Global cues remains supportive for the domestic indices as the European shares were trading in green. Nifty surged…
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Key benchmark indices extended losses for fourth consecutive session on Thursday, dragged by weak global markets. Metal shares tumbled on fears of weak global growth. Yes Bank bounced after management clarified that the bank was on a firm financial footing….
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Market Outlook MCX Gold opened on a gap up note and sustained higher towards resistance levels. Now, bullish momentum can be witnessed till it maintains above 38400 level and 38700 is seen as near resistance. Any closing below 38000 can…
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Domestic shares surged on Friday after the government slashed the corporate tax rate to boost economic growth. The rally was led by banks, auto and metal stocks. The Nifty closed above 11,200 level for the first time since 26 July…
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Market Outlook MCX Gold remained lower for first half of the session while recovered aggressively from the support levels in the later half. The bullion has been finding support around 37750 since last two sessions and is expected to continue…
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Market Outlook MCX Gold witnesses a gap up opening and remained stable at highs with a gain of more than 1%. If the bullion sustains above 38000 mark then it may further rise towards the resistance range of 38300-38500 whereas…
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