Post Market Commentary – 13th June 2012

Posted By : Kishore B.S

Friends !!!! There goes a proverb that "Silence marks the beginning of any big Wave" which can be a storm, thunderstorm, tsunami or any any natural calamity, which has huge impact on its surroundings. Our markets were in similar contrast wherein the Indices remailed resilient and subdued with the momentum in the Indices limited to around 50 points, moving on either side of the positive and negative spectrum. The subdued

Stock Market Institute: Post Market Commentry (18th May 2012)

Posted By : Kishore B.S

Friends !!! The Markets Opened on a negative note today with a huge GAP down largely affected by the Negative US, EURO and Heavily downtrending Asian markets. However it was worthwhile to note that though the Gap down opening was significant yet there was no fresh selling or drift happening reflecting that some recovery was in the offing. But the recovery did not fructify unless the SBI results were out and

Market View – SMI – 18th May

Posted By : Kishore B.S

Hi Friends !!! The markets opened with an upward Gap yesterday and moved up nearly 60 points to cross the psychological barrier of 4900, during the initial hours of the session which however turned out to fizzle as the trading progressed. The closing which was nearly flat reflected the sentiments of the investors and trading community at large which showed that the correction phase is still

Post-Market Commentary – SMI

Posted By : Kishore B.S

Hi Friends !!!! As envisaged the markets though opened on a positive note yet failed to maintain and sustain the Upmove made during the Initial hours of the trading session. The markets largely opened on a positive note today and reached above the 4900 mark thereby bringing some hopes among the investors and traders alike that this could the end of the bear rally and some bounce back could be on

Market View – SMI – 17th May

Posted By : Kishore B.S

Hi Friends !!! The markets opened with a gap down yesterday influenced by the Negative Asian markets and global fears near the support zone of 4860 and remained largely negative and below that mark. Given the sentiments which are largely negative and also the faltering rupee to all time lows against the dollar has fuelled more negativity amongst the investors and traders alike that the Economic

SMI – Post Market Commentary

Posted By : Kishore B.S

Hi Friends !!!!!! “The tragedy day for Indian economy where the government and regulators became helpless” this quote aptly suits for us today since the Rupee plunged to all time low of 54.47 against the dollar inspite of the RBI intervention in selling 400$-500$ million worth in the spot market. The hit in rupee lead to the fall in the Indian indices since the currency reflects

Market View for 16th May

Posted By : Kishore B.S

Hi Friends, The markets bounced back during yesterdays session giving some head room or breather to the ongoing correction phase from the last 5 sessions and brought some cheer among the bulls. However the rally failed to cross above the 4960 resistance level, which indicates that the cheer is likely to remain subdued and could be a one -day wonder since the resistance level of 4960

SMI – Post Market Commentary for 15th May

Posted By : Kishore B.S

Hi Friends !!! The S&P CNX Nifty opened at 4,869.85; about 38 points lower compared to its previous closing of 4,907.80 following the slump across the global markets due to political turmoil in Eurozone and depreciation in rupee to 54 per dollar and the other global markets,   managed to gain significant traction on Tuesday. The Moody’s Investors Service downgrading of the long-term debt and deposit ratings for

Market View – 15th May

Posted By : Kishore B.S

Hi Friends !!! The markets moved down yesterday to cover the GAP between the 4880-4900 mark and also to complete the downward FLAG target of 4886 to the levels of 4876 where some support set in.  After the negative news yesterday of higher Inflation numbers and last weeks weak IIP numbers most of the Negative news flow seems to have been factored in now and the

Stock Market Institute: Post Market Commentry (14th May 2012)

Posted By : Kishore B.S

Friends, The markets opened today on a flater note indicating the ongoing struggle between the bulls and bear to give the direction to the markets ahead of the Inflation numbers for April which came in today. The inflation numbers which came in above expectation at 7.63% gave the blow for the markets driving the indices all the way down to 4876 levels way below the support