Short Covering

See prospects of default; short covering: Nick Parsons

Even after the shutdown, politicians on either side in the US are not showing any spirit of conciliation, reconciliation or negotiation and against this backdrop it will be very difficult to come to an agreement.

See investment demand in gold; to touch Rs 35k: Commtrendz

So far, there was short covering in gold because the entire market was betting on lower prices and suddenly they discover some safe haven buying coming in. Now, investment demand will also add onto it and will play catch up as the safe haven asset just like the dollar

Don't exit in panic; see 5500-5525 as support: Experts

The markets have cracked and the rupee has fallen to 62 against dollar. Experts believe 5500-5525 to be a strong resistance point. Earlier also Nifty had taken some support at closer to 5,500-5,525 levels.

Dealers eye July series expiry between 5970-6030 range

The two most important strikes would be 6,000 Put and 6,000 Call. These will be the instruments that will be traded the most as we head into the expiry. The kind of expiry we could have would be at around 5,970 or 6,030, give or take 20 points here or there.

Positive on July series; short coverings to go on: Experts

The June Nifty series may have disappointed the street by ending down around 7 percent but experts are keeping a positive stance on July series, citing significant short covering seen towards the end of series.

Sensex holds 19000; MMTC locked at 10% lower circuit again

BSE Sensex is up 220.52 points at 19047.68, and the Nifty is up 69.50 points at 5768.60. Nearly 3 shares advanced for every share declining on the National Stock Exchange.

Good start to week, strong buying lifted Nifty: Udayan

In contrast to the previous week, Monday's trading session was a good start to the week, as a combination of short covering and may be a bit of strong hand buying as well lifted the market.

52-wk high sans interest is right for higher rally: Suri

Stock-trader Atul Suri explains to CNBC-TV18 that the market reaching a 52-week high on short-covering and without domestic participation is the perfect cocktail to send the market to even higher levels.

Rise in crude on EU promise doesn't change picture: O'Neill

Bill O'Neill, founder, Logic Advisers offers his perspectives on CNBC-TV18 as oil surged on Friday in heavy trading to the fourth biggest daily gain on record, on a deal by European leaders to shore up euro zone banks triggered frantic short-covering by funds that had been riding crude's price-collapse over the last quarter.

Mkt trips on whiff of European rumble: Udayan

CNBC-TV18's managing editor Udayan Mukherjee points out that cuts in Europe jeopardised stability in the region and triggered a slide in the Indian market

Forex - EUR/USD higher on meeting progress, short covering

Forex - EUR/USD higher on meeting progress, short covering

See upside in SAIL, Hindalco, ICICI and SBI: MF Global

Vineet Bhatnagar, managing director at MF Global says that the market is not looking to chase short covering rallies at this point. He says that short covering will aid metal and banking stocks in the near-term.

Will we close above 5400 today? Udayan ponders

While expects continue to speculate on how the market will close today, opinions are vastly deviant. “I am not sure if we will break the 5400 level today, but it is possibly in the last leg of the trade today,” says Mukherjee.