Free Trial

Friday 22 January 2016

Market News


  


Nifty crosses 7400 mark,and the market is improving slowly and gradually.NTPC,GAIL,Hindalco,Axis bank are top gainers while Bharti Airtel,HUL,ITC are top losers.GAIL managed to bounce back after 4 days continous low.


The sell-off in January 2016, prompted by a declining oil and a slowing China story, was overdone and this market volatility will continue in the near-term, says Ian Hui, Global Market Strategist, JPMorgan Asset Management Company. Speaking to CNBC-TV18, Hui says the Chinese situation wasn't as bad as the market made it out to be. However, the dovish tone set by European Central Bank (ECB) in its move to provide more stimulus by March has proved to be positive for the equity markets, particularly Europe.

Read more at: http://www.moneycontrol.com/news/local-markets/nifty-hits-7400-sensex-strong-itc-bharti-airtel-down_5117981.html?utm_source=ref_article
The sell-off in January 2016, prompted by a declining oil and a slowing China story, was overdone and this market volatility will continue in the near-term, says Ian Hui, Global Market Strategist, JPMorgan Asset Management Company. Speaking to CNBC-TV18, Hui says the Chinese situation wasn't as bad as the market made it out to be. However, the dovish tone set by European Central Bank (ECB) in its move to provide more stimulus by March has proved to be positive for the equity markets, particularly Europe.

Read more at: http://www.moneycontrol.com/news/local-markets/nifty-hits-7400-sensex-strong-itc-bharti-airtel-down_5117981.html?utm_source=ref_article
The market rallied further in noon trade on further short covering in most beaten down stocks like banks, auto, oil and infra stocks. Asian markets extended uptrend with the Nikkei rising nearly 6 percent followed by Shanghai (up 1.2 percent) and Hang Seng (up 2.6 percent).

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-midcapnearly-2-aviation-stocks-most-active_5119281.html?utm_source=ref_article

The market rallied further in noon trade on further short covering in most beaten down stocks like banks, auto, oil and infra stocks. Asian markets extended uptrend with the Nikkei rising nearly 6 percent followed by Shanghai (up 1.2 percent) and Hang Seng (up 2.6 percent).

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-midcapnearly-2-aviation-stocks-most-active_5119281.html?utm_source=ref_articlNifty crosses 7400 mark,and the market is improving slowly and gradually.NTPC,GAIL,Hindalco,Axis bank are top gainers while Bharti Airtel,HUL,ITC are top losers.GAIL managed to bounce back after 4 days continous low.

1 comment:

  1. Nifty updates can be learned here.nifty being the benchmark index keeps on fluctuating. It is really important to keep a good track record of it.Get live updates by following epic research.

    ReplyDelete