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Categories
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
Posted in Banking, Forex Trading, Stock Market News
Tagged Arundhati Bhattacharya, China, India, Nifty, SBI
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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
Posted in Banking, Foreign Investors, Indian Stock Market, Real Estate Stocks
Tagged DLF, Nifty, nifty futures trading, SBI
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