Nifty To See Correction
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Take Profits Off The Table, Nifty Can See A Correction: Expert
The current leg of rally in the Indian markets has been triggered after the BJP swept to power in Uttar Pradesh, further boosting hopes of economic reforms at an accelerated pace.
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Nifty May See 9,400-9,600 Levels In Next Few Weeks: Angel Broking
Traders should use corrections towards 9,050 level to build long positions, the brokerage said.
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Buy Reliance Infra, Aurobindo Pharma; Avoid Ashok Leyland: Sumeet Bagadia
Nifty faces resistance around levels of 8,400 and till the time 8,400 is not taken out, Nifty can see a correction up to levels of 8,300-8,280, says Sumeet Bagadia, associate director at Choice Broking. Correction should be used as a buying opportunity in Nifty with stop loss around 8,270-8,280 for target of 8,400, added Mr Bagadia.
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Buy DLF, Ambuja Cement; Avoid Mahindra & Mahindra: Kunal Bothra
If Nifty is not able to break 8,280 in the next couple of trading sessions, then markets could see a phase of correction, says Kunal Bothra, senior technical analyst at LKP Securities.
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Difficult to Imagine Nifty Breaking 8,500: Hemen Kapadia
Amid high selling pressure in the markets Hemen Kapadia, senior vice president of KR Choksey told NDTV that the correction was due to happen and does not see the Nifty falling below 8,500.
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Sensex, Nifty May Continue to See Correction, Say Experts
Wholesale price index inflation data for November that will come on Monday and developments in the ongoing Parliament session will also influence trading, they added.
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Sell Cairn India, Sesa Sterlite Today: Sanjeev Bhasin
Indian markets to see weak opening as global cues worsen after US markets correct further. Nifty to retest 7800-7850 support & will see further consolidation as foreign investors continue to be sellers. The saving grace would be oil trading @ 4 year low which should help revive the sentiment.
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Markets to see 'major correction' if BJP doesn't win: Religare
The BSE Sensex on Monday touched a record high of 22,853, while the broader Nifty hit an all-time high of 6,838.
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Markets may correct; buy IT stocks, sell NBFCs: Sanjeev Bhasin
Markets are in need of consolidation/correction as ETF (exchange traded funds) flows seem to be topping out. Today could see some of that as the RBI's decision is already priced in.
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The week ahead: Markets slip from the top as rupee plays spoilsport
The week ahead should see the market stabilise and recover after seeing the worst weekly decline in the last 3 months. The correction which seemed imminent also gained momentum as the rupee broke a 5-week rally to close above 62.5.
-
The week ahead: Markets face headwinds as Syria tension to keep oil on the boil
The week began with the news of U.S. threat of attack on Syria, which saw oil prices spike up sharply and in turn saw bond prices rising, with equity markets globally seeing a sharp correction
-
The Week Ahead: Correction, volatility, data to drive markets
The markets are likely to see further correction in the week ahead after breaking a 6-week rising trend to end in the red. Volatility would be at its highest as we head into a futures and options (F&O) expiry week on Thursday. Another trend setter for the period would be the January-March quarter GDP data due on Friday, which would confirm that the...
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Sensex closes near four-week high as blue-chip earnings cheer
Religare expects to see some correction in Indian stocks in May due to macroeconomic headwinds. India treads its own path in May, different from the "sell in May and go away" adage the global markets follow, the brokerage said in a note today. The Sensex fell in six out of the last 10 years in the month of May.
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Markets may see profit-booking this week after January rally: Experts
Stock markets may witness some corrections this week with investors booking profits in the wake of a substantial gain of 1,716.06 points registered so far this month, analysts said. The BSE benchmark index Sensex has rallied over 11 per cent this month so far on the back of hectic buying from foreign institutional investors. According to analysts, ...
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Nifty may dip below 4640, use short-term rallies to exit: JM Financial
The street is likely to see a corrective phase for some time, said Gautam Shah, senior VP at JM Financial.
-
Take Profits Off The Table, Nifty Can See A Correction: Expert
The current leg of rally in the Indian markets has been triggered after the BJP swept to power in Uttar Pradesh, further boosting hopes of economic reforms at an accelerated pace.
-
Nifty May See 9,400-9,600 Levels In Next Few Weeks: Angel Broking
Traders should use corrections towards 9,050 level to build long positions, the brokerage said.
-
Buy Reliance Infra, Aurobindo Pharma; Avoid Ashok Leyland: Sumeet Bagadia
Nifty faces resistance around levels of 8,400 and till the time 8,400 is not taken out, Nifty can see a correction up to levels of 8,300-8,280, says Sumeet Bagadia, associate director at Choice Broking. Correction should be used as a buying opportunity in Nifty with stop loss around 8,270-8,280 for target of 8,400, added Mr Bagadia.
-
Buy DLF, Ambuja Cement; Avoid Mahindra & Mahindra: Kunal Bothra
If Nifty is not able to break 8,280 in the next couple of trading sessions, then markets could see a phase of correction, says Kunal Bothra, senior technical analyst at LKP Securities.
-
Difficult to Imagine Nifty Breaking 8,500: Hemen Kapadia
Amid high selling pressure in the markets Hemen Kapadia, senior vice president of KR Choksey told NDTV that the correction was due to happen and does not see the Nifty falling below 8,500.
-
Sensex, Nifty May Continue to See Correction, Say Experts
Wholesale price index inflation data for November that will come on Monday and developments in the ongoing Parliament session will also influence trading, they added.
-
Sell Cairn India, Sesa Sterlite Today: Sanjeev Bhasin
Indian markets to see weak opening as global cues worsen after US markets correct further. Nifty to retest 7800-7850 support & will see further consolidation as foreign investors continue to be sellers. The saving grace would be oil trading @ 4 year low which should help revive the sentiment.
-
Markets to see 'major correction' if BJP doesn't win: Religare
The BSE Sensex on Monday touched a record high of 22,853, while the broader Nifty hit an all-time high of 6,838.
-
Markets may correct; buy IT stocks, sell NBFCs: Sanjeev Bhasin
Markets are in need of consolidation/correction as ETF (exchange traded funds) flows seem to be topping out. Today could see some of that as the RBI's decision is already priced in.
-
The week ahead: Markets slip from the top as rupee plays spoilsport
The week ahead should see the market stabilise and recover after seeing the worst weekly decline in the last 3 months. The correction which seemed imminent also gained momentum as the rupee broke a 5-week rally to close above 62.5.
-
The week ahead: Markets face headwinds as Syria tension to keep oil on the boil
The week began with the news of U.S. threat of attack on Syria, which saw oil prices spike up sharply and in turn saw bond prices rising, with equity markets globally seeing a sharp correction
-
The Week Ahead: Correction, volatility, data to drive markets
The markets are likely to see further correction in the week ahead after breaking a 6-week rising trend to end in the red. Volatility would be at its highest as we head into a futures and options (F&O) expiry week on Thursday. Another trend setter for the period would be the January-March quarter GDP data due on Friday, which would confirm that the...
-
Sensex closes near four-week high as blue-chip earnings cheer
Religare expects to see some correction in Indian stocks in May due to macroeconomic headwinds. India treads its own path in May, different from the "sell in May and go away" adage the global markets follow, the brokerage said in a note today. The Sensex fell in six out of the last 10 years in the month of May.
-
Markets may see profit-booking this week after January rally: Experts
Stock markets may witness some corrections this week with investors booking profits in the wake of a substantial gain of 1,716.06 points registered so far this month, analysts said. The BSE benchmark index Sensex has rallied over 11 per cent this month so far on the back of hectic buying from foreign institutional investors. According to analysts, ...
-
Nifty may dip below 4640, use short-term rallies to exit: JM Financial
The street is likely to see a corrective phase for some time, said Gautam Shah, senior VP at JM Financial.
