‘Sharekhans’ Archives
Europe:London Stock Market opens down
LONDON - London stock market was on Thursday after slumping the day before the bad U.S. economic data and mounting worries about the banking sector. In the open, London's FTSE 100 index of leading share fell 0.13 percent to 4175.03 points.European stocks had closed under the strong Wednesday, with investor sentiment hit by an avalanche of [...]
Commentary Stock Market
A day on which bulls could breathe a sigh of relief last week as low volume gains in all markets. Band has a "distribution" tag, but the lack of bandwidth to intraday credit trading suggests that no real sale at work. Best thing about the indexes (which triggered Friday) was the net again in the bullish momentum, trend and volume indicators, [...]
Market sinks on bear hammering
The Sensex plummets 771 points on across-the-board selling pressure. The market went into a complete tailspin as the much awaited correction shaved nearly 900 points off the Sensex during the intra-day trades. Positive global cues like oil prices cooling off further failed to lift the sentiment, as investors instead tracked the falling Asian [...]
Market may remain steady with upward bias
Despite US markets closed flat on Friday the firm Asian markets in current trades likely to generate optimism in the opening trades. A positive opening in most of the Asian indices in ongoing trades and prevailing strong bullish sentiment may help the local market advance further. However, market may witness some volatility in later part of the [...]
Market may slip further
The market may remain under pressure owing to weak global indices and accelerating inflation in US. The market is likely to remain under pressure after a fall in the US market and weakness among major Asian indices in the ongoing trades. Renewed concerns about the subprime crises could drag the market further during the intra-day trades amid [...]
Market may move sideways
Caution should be exercised as flat close in US markets and the weak opening in most of the Asian markets may trigger a selling in early trades. The market is currently driven by the movement in international market. The mood of the market is likely to remain subdued after witnessing the fall in yesterday's trades and on concerns that the move [...]
