Index Outlook: Will Sensex and Nifty see a fresh fall?

The sell-off in the US equities is weighing on the Indian benchmark indices. The domestic markets opened the week on a positive note. As expected, the Nifty 50 broke above 18,000 and the Sensex breached 60,500. But they both failed to sustain higher. The US inflation data that was released on Tuesday last week played … Read more

Index Outlook: Are the indices gearing up for a strong rally?

The Indian benchmark indices managed to hold higher very well last week. Although both Sensex and Nifty 50 oscillated in a narrow range at the beginning of the week, the indices gained momentum towards the end. Sensex and Nifty have closed 1.68 per cent higher each last week. The strong rise the last two trading … Read more

Index Outlook: Any strong signal from Nifty and Sensex charts?

The Indian benchmark indices opened the week with a wide gap-down taking cues from the sell-off in the global markets. However, both the Sensex and Nifty 50 managed to recover all the losses amid an extended fall witnessed in the other major global equity markets. Sensex and Nifty 50 were down marginally by 0.05 and … Read more

Index Outlook: More fall on the cards for Sensex and Nifty 50?

The Indian benchmark indices are set for a fresh round of sell-off this week. Two factors warrant a sharp fall from the current levels. First, the indices, the Sensex and Nifty 50, are not showing strength. The bounce-back move from the lows last week lacks strength. The price action on Thursday and Friday clearly shows … Read more

Index Outlook: Indices show early sign of reversal?

Sensex and Nifty 50 continued to move up in the beginning last week. The expected reversal happened on the final trading day of the week. We had cautioned for a reversal in the Nifty from 17,900 and in Sensex from 60,350. This turn-around has happened from a slightly higher level of 17,992 on the Nifty … Read more

Index Outlook: Sensex and Nifty 50 nearing an inflection point

The Indian benchmark indices have extended their rally for the fourth consecutive week. Sensex and Nifty 50 were up 1.8 and 1.7 per cent respectively last week. Both the indices have surged 10 per cent each over the last four weeks. However, as mentioned last week, it is time now to become slightly cautious rather … Read more

Index Outlook: Will the bull run continue for Sensex and Nifty 50?

The rally in the Indian benchmark indices continued for the third consecutive week, although at a slower pace. The Sensex and Nifty 50 were up about 1.4 per cent each last week. The Reserve Bank of India’s (RBI) monetary policy outcome on Friday had no major impact on the stock market. The RBI increased the … Read more

Index Outlook: Are Sensex and Nifty 50 on a strong footing?

The Indian benchmark indices have risen sharply for the second consecutive week. Both the Sensex and Nifty 50 have rallied breaking above their key resistance and have closed on a strong note. Our view of seeing a turn-around from the resistance has gone wrong. This also negates, for now, our broader bearish view of seeing … Read more