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DULL MARKET OUTLOOK
Falling crude, stronger rupee could boost earnings outlook for India: Deepak ShenoyIndian stocks are poised for a favorable period. Falling crude oil prices and a strengthening rupee offer support. Macroeconomic conditions...- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Iran US War today: Oil prices rattle United Airlines, Delta Air Lines, Alaska Air. Reduced number of flights to high fares -- What's in store for flyers in America?Iran-US War news today: Airlines are already cutting flights, even as planes remain full, because some routes no longer make sense at curre...
- Patience is key in markets as global uncertainties test new investors: Raamdeo AgrawalMarket veterans urge patience amid current dull phases and geopolitical tensions. While returns may dip temporarily, long-term gains often ...
- Japan stocks end lower as rising costs dent some earningsBeverage maker Kirin Holdings fell 6.23% after posting underwhelming quarterly results, which were hit by coronavirus restrictions on movem...
- Will Nifty50 break free or break down its shackles in August?The benchmark indices have not moved higher or lower by more than 2 per cent in more than 60 trading sessions at last count, reflecting the...
- Market outlook: Dull day ahead, Nifty resistance at 9,690, 9,7259,690 & 9,725 levels will act as immediate resistance while supports be at 9,580 & 9,510.
- Arvind Infrastructure Ltd posts Q1 net profit at 3.02 croreThe company has recorded an increase in the consolidated revenue at Rs. 22.48 crores for Q1, as against Rs. 10.27 crores in the correspondi...
- Significant upsides unlikely; markets could be rangebound between 7670-7830: Mitesh Thacker, miteshthacker.com"We are still above the key levels of 7680-7670. If we start breaking below that, I would look for a further correction in the market."
- There is a risk-off sentiment in global equities: Arindam Ghosh, BlackRidge CapitalThe fact is that today we are in an environment where the markets have been gyrating between risk-on and risk-off with intermittent dull pe...
- Market closer to the range of 6,100-6,150 levels: Mitesh Thacker"We will be sideways and dull but this remains a market which is stock specific," Thacker said.
- Investors can look at shorting index at around 6,100 levels: Mitesh Thacker"On the higher levels around 6,100, people should still look at taking some kind of short position on the Nifty," Thacker said.
- Nifty to settle between 6000-6100: Sandeep Wagle"Some stocks like Voltas will continue their up move, but other than that, there is no clear direction for the Nifty."
- Gold drops on sustained selling, silver also slipsGold prices dipped to nearly two-week lows at the domestic bullion market today on consistent selling by stockists amidst dull demand and w...
- Gold drops on hectic selling, silver also slumpsGold prices dropped at the domestic bullion market today on hectic profit-taking by stockists and traders coupled with uncertain global cue...
- Nifty needs to confirm the 5170-5200 band: Ashwani Gujral"Once people get confidence that okay now 5200 is not likely to be broken then you will see fresh buying coming back ."
- Nifty will remain under pressure below 5000-4990 levels: Vijay Bhambwani"It is clear that the Nifty is likely to remain under pressure as long as it remains below the 5000 or 4990 levels intraday today and typic...
- With higher interest rates and inflation there are going to be concerns: Sajiv Dhawan, JV Capital ServicesOver the next couple of months we might again see a volatile or relatively dull period.
- Reliance Q4 results translating into low sentiment for the market: CK Narayan"We could have started out on a bang but Reliance providing a bit of a dampener seems to be holding back the index and that in turn is tran...
- Not much action likely on the market now: Sharyans ResourcesDo not think anybody is taking any aggressive action ahead of the events of Economic Survey, Railway & Annual Budget.
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