Mar 11, 2011 09:21 AM IST
Domestic market has witnessed tremendous volatility since past few weeks on the back of the rising crude oil prices led by the tensions in the Middle East. However, according to Sam Mahtani, Assistant Director of F&C Investments, Indian market is close to bottoming out and volatility may get over in the next few weeks.
- Mar 10, 2011 11:36 AM IST
Domestic market has been in a volatile mood since a long period of time for various reasons. Mounting crude oil price is an additional concern for the investors. First Global feels that it is going to be an uphill task for the market to move upward in this year.
- Mar 09, 2011 02:15 PM IST
As far as sector specific stocks are concerned, Jitendra Panda, Motilal Oswal Securities told CNBC-TV’s Soniya Shenoy that based on the open interest, stocks in the banking and auto space would climb higher and trigger the upside 5600 breakout on the Nifty.
- Mar 09, 2011 09:48 AM IST
India still has additional challenges like mounting inflation and fiscal consolidation to deal with besides unpredictable crude prices. Munish Varma, head of global markets at Deutsche Bank India, feels that investors are cautiously optimistic on India as there are concerns about the interest rate cycle.
- Mar 08, 2011 01:58 PM IST
Promoter firm Hero Investments Pvt Ltd has proposed to buy Honda's stake at Rs 739.97 per share, reports CNBC-TV18. Earlier, the two-wheeler maker had said that the promoter firm has pledged 5.32% stake in it with IL&FS Trust Company.
- Mar 08, 2011 01:51 PM IST
Indian market turned volatile on ever-increasing crude prices and domestic tensions related to the UPA-DMK alliance deadlock. Political issues may get resolved but crude rate has become a headache for most markets across the world as it is extremely difficult to predict crude movements.
- Mar 08, 2011 09:43 AM IST
Domestic market witnessed a volatile session on mounting crude price and political unrest related to the UPA-DMK alliance deadlock. Both the Nifty and Sensex recovered from the losses towards the end of the session on possibility of a patch up between the two parties.
- Mar 07, 2011 11:08 AM IST
Experts are worried that the Reserve Bank of India (RBI) may hike rates in its mid-quarterly review of the monetary policy on March 17. RBI has raised key policy rates seven times in one year from March, 2010 to control inflation.
- Mar 04, 2011 06:39 PM IST
Nifty trade camps, an initiative by the National Stock Exchange and CNBC-TV18 to aid institutional and retail investors make better investment decisions.
- Mar 04, 2011 06:11 PM IST
Domestic market ended on a flat note as unrest spreading in the Middle East hiked crude oil prices and created a bearish impact on the indices, dragging them down to a level of consolidation. The 50-share NSE Nifty gained 2.55 points, to close at 5,538.75, while the 30-share BSE Sensex fell just 3.31 points, to end at 18,486.45.
- Mar 04, 2011 08:28 AM IST
CNBC-TV18’s Managing Editor Udayan Mukherjee says that the test today is whether we can close the week above 5,550 and better still at 5,600. “So budget week has turned out pretty okay so far for the stock market,” he adds.
- Mar 03, 2011 05:58 PM IST
Indian equity benchmarks witnessed a volatile session today as fresh updates of strikes happening in Libya hurt market sentiment. The 50-share NSE Nifty rose 13.90 points, to end at 5536.20 while the 30-share BSE Sensex gained 43.26 points at 18,489.76.
- Mar 03, 2011 08:30 AM IST
CNBC-TV18’s Managing Editor Udayan Mukherjee says that if the mood was really building up two days back, this morning it would be a bit more circumspect because of the global cues.
- Mar 01, 2011 06:09 PM IST
The 50-share NSE Nifty gained 189.05 points or 3.54%, to settle at 5522.30. The 30-share BSE Sensex shot up 623.10 points or 3.5%, to close at 18,446.50, after gaining 655 points in an intra-day trade.
- Mar 01, 2011 10:11 AM IST
In an interview to CNBC-TV18, Ridham Desai, Managing Director, Morgan Stanley said that the government’s move to allow global investors in mutual funds is very positive.
- Mar 01, 2011 10:01 AM IST
As always, the effectiveness of a budget is in the implementation of policies, says Mark Mobius, Chairman, Templeton Asset Management, reports Economic Times.
- Mar 01, 2011 08:34 AM IST
It’s done and dusted, it’s the morning after. Are we better-off or worse-off maybe as we were discussing yesterday in the morning it’s a tie between the bulls and bears, says CNBC-TV18’s Managing Editor Udayan Mukherjee.
- Feb 28, 2011 05:33 PM IST
Indian equity benchmarks marked gains on the back of the better-than-expected details revealed by the finance minister in the big bang event - Union Budget 2011. However, the indices could not retain the initial euphoria set by the budget as concerns over rising crude oil prices erased most gains towards the end.
- Feb 28, 2011 09:15 AM IST
The market is gearing up for the budget that will be announced by the Finance Minister Pranab Mukherjee at 11 am today. Atul Suri, Trader feels that the Nifty should test 5600 for the market to lead.
- Feb 25, 2011 05:50 PM IST
Domestic markets ended on a positive note on Friday despite witnessing tremendous volatility. The gains were supported by the short covering in the most beaten down stocks in the previous sessions. It seems that the markets were in a mood to consolidate today and wait for the budget day to happen next week.
- Feb 24, 2011 07:12 PM IST
Domestic markets witnessed a deadly session today as the indices were dragged down by the concerns over hiking crude oil prices and rising inflation numbers. Though the upcoming Union Budget is like a non event for most analysts, some still believe that the budget can at least stabilize the market sentiment.
- Feb 24, 2011 06:42 PM IST
Indian equity benchmarks fell flat on the face for the third consecutive session on the back of the rising crude oil prices, concerns over mounting inflation figures and tensions in the world market over the Libya issue. The 50-share NSE Nifty tanked 189 points to 5,248 and the 30-share BSE Sensex was trading at 17,578, down 600 points.
- Feb 24, 2011 02:30 PM IST
Domestic investors have got a hit in the chin today. Indian equity benchmarks have got slaughtered in the afternoon trade as the Nifty touched the 5300-mark - on spike up in crude oil prices above USD 101/barrel on the rising Libya worries.
- Feb 24, 2011 08:37 AM IST
The pressure on the crude continues. It had hit USD 100/bbl yesterday and is now trading at almost USD 99/bbl.
- Feb 23, 2011 06:38 PM IST
Indian equity benchmarks continued the downtrend for the second consecutive session on the back of the fall seen in European markets and further rise in crude oil prices.