The latest range starts at an introductory price of Rs 79,999 for the S1 X (2kWh) and goes up to Rs 1,69,999 per unit.
Even as the near-term outlook for the market remains a bit hazy, the market is headed sharply higher in the medium term, says Jai Bala of cashthechaos.com.
Even as markets have bounced back a good 15 percent after bottoming out in February, there may still be a further 12 percent upside over the course of this fiscal, says Vibhav Kapoor of IL&FS.
Indian shares may open close to flat, as signalled by trading in the Singapore-based SGX Nifty, which was up 2.5 points, or 0.03 percent, to 8,318.
In an interview with CNBC-TV18‘s Anuj Singhal and Ekta Batra, R Sreesankar, Head - Institutional Equities, Prabhudas Lilladher, shared his outlook on markets and stocks going forward.
It was another range bound trading session for the Nifty. We did not see any big crack on the Nifty but it traded in a broad range of 10-20 points and ended with a gain of 10 points.
One should position for a range bound trading today. Here is Anuj Singhal of CNBC-TV18 in his pre-market update.
India‘s current account deficit for the quarter ended September shrank to USD 5.2 billion, or 1.2 percent of the GDP, compared to USD 21 billion (5 percent of GDP) during the same period last year.
If you are an investor with no position in the market right now, then you should keep it that way and wait on the sidelines on Monday. That's the advice from Sushil Kedia, Director (quantitative strategy) of CIMB.
The Nifty will not breach 5,500 levels and it may trade in the range of 5,600-6,000, says UR Bhat of Dalton Capital Advisors. He told CNBC-TV18 that it is not advisable to take risks in the current market.
This weakness continuing in the Indian currency on the back of good jobs data from the US and expectations of quantitative easing (QE) tapering off sooner than later.
NS Ramaswamy, head commodities, Ventura Commodities says he expects the range in gold prices to be between USD 1410 and USD 1485. given the fact that the G7 meeting is being held in UK and also the way the trade deficit has narrowed in US, these factors are probably giving a bit of support for dollar and then weakness in gold is expected.
All in all, Monday witnessed a steady session of trade, with the market probably consolidating after the rally. Friday saw a corrective dip, and on Monday the market pulled back and steadied somewhat, essentially moving in a in a 5,850-5,950 kind of trading zone.
David Lennox, analyst, Fat Prophets says one can expect brent crude oil's price to hover in the range of USD 118-120. Brent crude is today trading at USD 118.
In an interview to CNBC-TV18, VK Sharma of HDFC Securities predicts the market‘s performance in the days to come. Sharma opines the Nifty will continue to trade at 5950 until and unless any positive news flow regarding the US fiscal cliff makes its way.
Sudarshan Sukhani of s2analytics.com explains to CNBC-TV18 that the the market is stuck within a range while Dipan Mehta, member, BSE and NSE advises investors to hold on to HUL shares and bet on private sector banks as funding is visible and debt is available at reasonable valuations.
The markets had two knockout punches today. One from ONGC and another from SBI. It cast such a cloud over the market that even other heavyweights could not hold the Nifty together, says Udayan Mukherjee of CNBC-TV18