Archive for the ‘IPO’ Category

Markets to Remain Volatile But With Positive Bias

The week began with markets trading positive. They gained for the first two days, then lost on Thursday and gained again on Friday. The week ended with the BSESENSEX gaining 403.22 points or 1.09% to close at 37,384.99 points. NIFTY gained 129.70 points or 1.118% to close at 11,075.90 points. The broader indices saw BSE100, […]

What Can Drive the Market

The Week gone by began with a trading holiday on Monday. Coincidentally India and the US both were closed on that day. There was a joke in Mumbai that the holiday was to immerse Lord Ganesh, but Mumbai got immersed instead. Trading began on Tuesday on an extremely weak note. The merger of PSU banks […]

Will bears get trapped on third consecutive Friday?

The week gone by began trading on a very strong note and markets were up for the first two days, followed by profit taking and August futures expiry over the next two. Friday was another classic day and followed the previous Friday’s pattern. Markets opened strong, turned negative and then had a very strong rally […]

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