Daily Round-Up of 25 March, 2014

The markets clocked a new high for the second straight day on market participants mainly in the futures and options space continued to hold their long positions. The derivatives expiry is scheduled on Thursday, post which the markets may witness a fresh trend. Today, the Sensex bounced back sharply from the early morning blow which it suffered due to negative…

Daily Round-Up of 20 March, 2014

The markets today started the day on a weak ground, and attempted to fight back, but caved in late trades owing to weakness in select index heavyweights like – HDFC, Larsen & Toubro, ITC and HDFC Bank. On the other hand, beaten IT shares helped the markets limit losses – TCS in particular jumped back over 3 per cent in…

Daily Round-Up of 18 March, 2014

The markets registered yet another fresh all-time high today with the Sensex at 22,040-odd levels as the so-called hope rally continued. The sentiment was also boosted after Goldman Sachs report indicates Nifty target of 7,600 in a year’s time. However, intra-day profit taking in the markets saw the BSE index end with marginal gains at 21,833 – up 23 odd…

Daily Round-Up of 12 March, 2014

The markets were in consolidation mode today following the recent sharp rally after the general election dates were announced. Although, the Sensex was seen hovering 100-150-points shy from the 22,000-mark, the overall trend continued to remain strong as every dip was met with fresh buying. The FIIs in particular have been aggressive buyers off late in the Indian markets. For…

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