Author: Cherian Varghese

  1. Daily Market Feed
  2. Post Market Analysis
NIFTY started the day flat at 19,581 with a gap-up of 58 points. Initially, the index tried moving up, but the 19,600 zone acted as resistance. Nifty consolidated near that resistance and gave a good breakout, followed by a 125-point rally till the important resistance zone of 19,730-40 levels. After 2:30 PM, the index fell […]
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Here are some of the major updates that could move the markets tomorrow: WPI inflation rises to -0.52% in August India’s wholesale inflation remained in the negative territory for the fifth month in a row in August. The wholesale price index (WPI)-based inflation increased slightly to -0.52% in August, compared to -1.36% in July. This […]
  1. Daily Market Feed
  2. Post Market Analysis
NIFTY started the day flat at 19,989. After the initial consolidation near the opening and yesterday’s low of 19,950 levels, the index moved up with strength till 20,100 levels (a 150-point up-move). Nifty closed at 20,070, up by 76 points or 0.38%. BANK NIFTY (BNF) started the day at 45,449 with a small gap-down of […]

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