Tag Archives: SBI

Nifty cracks below 8500, closes at 8462

Continued bad news from China, and weak earnings of large caps caused correction in Nifty, as Nifty cracks below 8500, and closes at 8462. On the international front, The People’s Bank of China (PBOC) allowed the yuan to depreciate almost … Continue reading

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Nifty hits 6700, Momentum not supportive

While the bullish rally of Nifty hitting lifetime high 6700 is welcome, and it has given good profits on long-positions on beaten down stocks like SBI, DLF, etc, the concern is that Nifty is now rising while momentum is falling, … Continue reading

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Stock Market Analysis – 12 March 2011

Market mood was negative on account of Japan Earthquake and ongoing unrest in Libya and middle east region and constant threat of spike in crude oil prices. In the week closing 11 March 2011, the Indian stock Index S&P CNX … Continue reading

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