market update

Dalal Street has reversed its early morning gains amidst profit booking in the backdrop of lacklustre global cues. Worldwide stock markets are trading thin ahead of Good Friday holiday.

The benchmark BSE Sensex extended its record run by rising over 200 points in early trade on Thursday led by gains in index heavyweight RIL ahead of its earnings.

The benchmark BSE Sensex on Tuesday ended 240 points lower as investor sentiment weakened after the India carried out air strikes on a terrorist camp in Pakistan.

In early action, the benchmark Nifty witnessed a gap down start — sank below 10,750 mark, recovered and bounced back at midday — slightly above the dotted lines, and then finally ended the day down in red at 10,832.

The benchmark BSE Sensex fell over 350 points in early trade today amid rising tension between India and Pakistan, weak Asian cues and selling pressure on banking, power, IT and power counters.

We recommend investors should continue to view any market pressure as a buying opportunity!! We say so because, one of the biggest threats to the stock market is finally looking a bit less scary.

Stocks staged a strong comeback in early trade today, with the BSE Sensex reclaiming the 36,000-mark by surging over 100 points on heavy foreign fund inflows and increased buying by domestic institutional investors.

The BSE Sensex ended marginally lower today on losses in banking stocks as investors turned cautious after the release of minutes of RBI’s latest policy meeting highlighted growth concerns.

All is well that ends well. The benchmark nifty ended today’s session a tad bit above dotted line, marking gains for 3rd straight day.

Benchmark indices started on a negative note today as investors turned cautious after the release of the minutes of RBI’s last policy meet, in which governor Shaktikanta Das argued the need to look at growth concerns.