The Nifty has been on a weak wicket over the last couple of sessions. Anil Manghnani, Modern Shares & Stock Brokers says, the Nifty is back in the 5,200-5,100 range. According to him, 5,135 is the first key number. “That is the low of the March correction. Then 5,080 is the major level for [...]
In an interview to CNBC-TV18 Jagdish Malkani, member, NSE & BSE said, it is a black Friday for the Indian stock market. ”I hadn’t thought this dark day will come. But it is a black Friday, poor IIP numbers and dismal rupee . India has cup overflowing,” he said. Malkani is bullish on stocks like [...]
This week, top on everyone’s mind has been the banking sector. Fourth quarter results indicate a stomach churning rise in the number of bad loans or loans which borrowers are not paying back. At such a time, the regulator Reserve Bank of India is imposing sterner rules called the Basel rules. These rules require [...]
The Indian market is trading on a weak wicket over the last couple of sessions. It is embedded with global and domestic uncertainties. On Friday, the Nifty closed below the 5,100 level. In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com says, a lot of shorts could have been covered on Friday afternoon. “Don’t short now. [...]
One of India’s top policy makers and a man who can also be referred to as ‘Mr Infrastructure’, the minister for urban development, Kamal Nath believes the Indian industry has got used to the boom. In an interview with CNBC-TV18, Kamal Nath, union minister for urban development said, taking into consideration the fact that [...]
The BSE Sensex and NSE Nifty rebounded in afternoon trade due to buying interest in index heavyweights Reliance Industries and State Bank of India. ICICI Bank and Tata Motors too were quite supportive. However, the fall in ITC, Infosys, ONGC and TCS capped the recovery. The BSE benchmark was up 13.37 points to 16,433.42 [...]
SP Tulsian of sptulsian.com advices investors to avoid buying stocks that correct by 50% in less than a month. Speaking on CNBC-TV18’s special show Investor Camp Tulsian said, one should not plunge into such stocks on the hopes that it will again recover and touch old levels. “No stocks fall by 50% in a [...]
This episode of CNBC-TV18’s special show Storyboard discusses the latest trends in the digital space and the new developments at Google with senior vice president and chief business officer Nikesh Arora. Below is an edited transcript of his interview with Anuradha Sen Gupta. Also watch the accompanying videos. Q: We meet on the [...]
The Indian market has been trading weak for sometime now. Today, the Nifty has broken the 5,000 mark. The picture is very negative for the market, says Jai Bala, chief market technician of cashthechaos.com. “The market went into a very compressed range of about 190-200 points in the whole of April. Now that range [...]
When the going gets tough, the tough gets going, says Ramesh Damani. And the best way to describe the current equity market situation in India is tough. The past year saw the Nifty touch 5,700 last July, but we also saw the painful crash to the lows of 4,500. Over 11% has been lost on [...]
