Managing Editor

Udayan Mukherjee, managing editor, CNBC-TV18 says that The market started the day with a gap down of about 50 points, and never quite recovered during the course of the day. The US jobs report triggered off fresh fears of quantitative easing (QE) withdrawal or tapering as early as September this year, resulting in a difficult start to trade.

Mkt needs good news on Friday to pull itself higher: Udayan

The market ended on a slightly bearish note with Nifty at around 5,039 levels, down 11 points and Sensex shut shop 41 points lower at 16,805 levels. Even though the session was uneventful, the near-term uptrend, which began last week, still seemed intact. Market needs some good news on Friday to pull itself even higher, Mukherjee indicated.

Nifty in consolidation mode; big cracks not visible: Udayan

The market ended on a flattish note with Nifty at 5,118 levels, down 14 points and Sensex shut shop 57 points lower at 17,025 levels. The market has been running into a bit of resistance around 5,150-5,200 levels.

TCS, Infosys key architects for Nifty to pullback: Udayan

The market ended on an positive note with Nifty at 4,948 levels up 50 points and Sensex closed shop 156 points higher at 16,498 levels. CNBC-TV18's managing editor Udayan Mukherjee feels that the market is on the pullback mode since yesterday.

Firm global cues, bank earnings pull Nifty to 5600: Udayan

On Friday, the session ended on a very positive note with the Nifty at 5,633, up 92 points, while the Sensex closed shop at 18,722, lower by about 286 points. CNBC-TV18's managing editor Udayan Mukherjee said that the Nifty seems to be negotiating those resistances of 5,630-5,650 levels.

Market quiet after series of disappointing earnings: Udayan

It was a quite session for the street. It was not a great day for the Reliance stocks. Reliance and Reliance Communications came off a bit today. Some of the private banks like HDFC Bank, Axis Bank, Kotak Mahindra Bank and Punjab National Bank looked a little weak today. IDFC didn’t have a great session and neither did Sesa Goa.

Nifty back to 5562, maintains 100 pts trading range: Udayan

CNBC-TV18's managing editor Udayan Mukherjee expressed his disappointment that the Nifty seemed encouraging in the morning with some gains, but as the day progressed, it turned out to be exactly the opposite of yesterday.

No spark on Dalal Street, courtesy disappointing earnings

It wasn’t a bad day of trade. It was slow in the morning, then suddenly picked up post noon and closed with a flourish. The trade skimmed off a bit towards the end, but was good enough to take it above 5,600 levels. It wasn’t a bad closing for the Nifty.

Market stages recovery in clawing above 5600 levels: Udayan

On Tuesday, the session ended on a positive note with the Nifty at 5,606, up 39 points, while the Sensex closed shop at 18,637, higher by about 130 points. CNBC-TV18's managing editor Udayan Mukherjee feels that the market perked up in last couple of trades, despite the flat session in the beginning of the trade.

Market Wrap: Range-bound close to week

European uncertainties and stress test results cast a shadow over the markets. The frontline indices traded in a tight range and closed in the negative territory. The nifty slipped further from the 5,600 resistance zone and closed 18 point down. The Sensex closed 56 points lower at 18,560.

Market to play for more liquidity in near-term: Udayan

The session ended was very flattish with the Nifty at 5,586, up 0.75 points, while the Sensex closed at 18,588, down by about 7.92 points. CNBC-TV18's managing editor Udayan Mukherjee feels that the market has seen good turn around today after the sluggish morning.

If global cues help, Nifty can cross 5600 tomorrow: Udayan

CNBC-TV18's managing editor Udayan Mukherjee feels that the day has been positive for the market, but is beginning to flatten out a bit. Mukherjee said, "There is a little bit of resistance kicking in around 5,580 levels for the Nifty. It has not been able to cross and trade above that level through the trading day today."

Avoid Timbor Home as it lacks strength: Udayan

Timbor Home, a manufacturer and retailer of solid wood furniture, modular kitchens and doors with a pan-India presence and more than 80 exclusive stores, got listed on Indian bourses on Wednesday. The issue had opened for subscription during May 30-June 2.

Stocks' sputtering pullback likley to gain momentum

The market attempted slight recovery on Tuesday, however, it lost steam quickly. Meanwhile,Udayan Mukherjee, managing editor of CNBC-TV18 feels that overnight gains in US market, some retreat from Greece and Asian equities also trading in the positive terrain may serve as positive triggers for the Indian market.

Lacklustre session: Here are today's top losers/gainers

It was an unremarkable session for the market. A handful names like SAIL and BHEL in the PSU lot. NTPC and L&T had a good session moving up to Rs 1730. A few of the banks like Axis Banks and HDFC did not look too bad. TCS and Reliance were quite stable but nothing to be worth excited about.

Uneventful session for market; bank, auto under pressure

It turned a bit sluggish in the afternoon as the European markets opened up a percentage point lower because yesterday Ben Bernanke did not say enough about QE3. The market got a bit disappointed. Fear of another fall in the US markets overnight kept the index under pressure.

Global jitters affect local market says Udayan

Indian markets have been outperforming, but European markets are down about a percentage point. We were trading at 5,550 plus levels in the morning which now closed down 29 points to 5,526 levels. CNBC-TV18's managing editor Udayan Mukherjee said, "The mood is not great. Global jitters are affecting our market."

Nifty reclaims 5500: Here's how trade panned out

The market started off okay. The market has been showing quite a bit of resilience in the face of bad news form the US markets and today was no different. It did not start with any major gap down, but then worked its way higher as the day progressed with some help from the two underperforming heavyweights Reliance and Infosys.

Market bouncy against global cues despite low volumes

Session for the Nifty was not bad for the day. It started off slow, but slowly picked up as the day progressed. Before the closing, the Nifty traded at a high point of nearly 5,570 levels. The Nifty ended 24 points higher at 5,556 levels.

Dull session for market, midcap index underperformed

It was a very quite session listless in most parts, but at least the morning slide got arrested. At one point, we went down very close to 5,480 levels, but managed to come back to around 5,530 levels.

Nifty needs to extent to 5650-5700 levels: Udayan

The market was seen very flattish with Nifty ending 5,532 levels up 15 points and Sensex closed shop 43 points higher at 18,420 levels. It showed signs of cracking in the morning with the Nifty going below 5,500 levels, but managed to come back.

US payroll data may set trend for Monday's session: Udayan

It was a bit of a reversal intraday which brought the Nifty back down to 5,520 levels. Volumes were over Rs 1 lakh crore, but the breadth was not very special.

Don't get carried away with RIL's new business: Udayan

The market showed a disappointing side in today's session. The Nifty went above 5600 levels in the morning and closed shop at 5,516 levels. CNBC-TV18's managing editor Udayan Mukherjee said, "It was not a good day for the market. The market isn’t down a lot, but after having promised quite a bit in the morning, it fizzled out."

Sun TV, ADAG under prerssure, Bank Nifty seen struggling

It was not a bad day for the market. At the end of it, the volumes were not very high and were middling. We saw the market fall to 5,525 levels in the morning, but then recovered during the course of the day close to 5,550 levels.

Local markets fare well compared to their global peers

US markets saw 0.5% of big fall overnight. Considering the bad performance of the global markets, Indian market has held out reasonably well. CNBC-TV18’s managing editor Udayan Mukherjee feels that it was a down day for the market yet compared to the Asian and European markets, Indian markets have done substantially well.