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Farooq

Archive by Category "Stock Market"

HomeArchive by Category "Stock Market"

The benchmark #Nifty opened a gap up of 362.50 points at 8,446.30. Positive global pulled up the market and we could observe Nifty remained bullish throughout the day hitting the day's high at 8,819.40. It closed with a net gain of 708.40 points at 8,792.20 and formed a Bullish Candle on Daily Chart. The NIfty ...read more →

The benchmark #Nifty opened a gap down 274.30 points at 8,385.95 where we observe some recovery with that the Nifty hit’s day’s high at 8,576. Soon after due to negative global cues of fast-spreading COVID-19 in the United States & Europe, and IMF Chief's warning of global recession extended selling pressure in the Nifty which ...read more →

The benchmark #Nifty opened a gap up 307.65 points at 8,949.10 but slipped after the #ReserveBank of India’s Press Conference on March 27. RBI reduced REPO rate by 0.75 pbs to 4.5% and CRR (Cash Reserve Ratio) by 100 bps to 3% for banks in order to inject liquidity in the market but that did not boost ...read more →

The benchmark Nifty opened a gap up 133.15 points at 8,451. The short-covering by call writers to expiry session for March contracts and welfare measures worth Rs 1.7 lakh crore announced by the Indian government helped the market to gain. The Nifty remained volatile with bullish bias during the whole day and closed at 8,641.45 ...read more →

Nifty opened a gap up 238.05 points at 7,848.30 and tried to recover the losses. The stock markets worldwide remain under pressure due to virtual lockdown for fear spreading COVID-19. The Nifty remained volatile during the day and closed at 7801.05 with a small gain of 190.80 points making a Doji Candle on the daily ...read more →

The stock markets worldwide are under tremendous pressure due to virtual lockdown for fear spreading COVID-19. The benchmark nifty hits it's lower circuit today in the morning (second time in this month). Nifty opened a steep gap down 800 points at 8,284.45 and tried to recover the losses however, it failed to succeed and continued ...read more →

Benchmark Nifty bounced backed on 20th March 2020 on account of positive global cues. The benchmark Nifty opened a 21 points gap up at 8,284.45 and recovered losses of the previous day and advance further during the trading session. Nifty closed at 8,745.45 with a net gain of 482 points making a Bullish Candle on ...read more →

The global indices are hitting low day by day due to the already weak economies getting hit harder by COVID-19 and the expectation of recession is increasing. Today the benchmark Nifty opened 121.4 points gap up at 9088.45 but within a few minutes, it was dragged down by bears with continuous selling pressure throughout the ...read more →

Covid19 remains heavy in the stock market even on Tuesday. The Nifty opened 88 points gap up but within a few minutes, it was dragged down by bears although bulls tried to defend the ground by taking the Nifty up again to day’s high at 9,403.80. The day had been volatile as estimated earlier with ...read more →

The decision to declare the Covid-19 outbreak as a pandemic by the World Health Organisation (WHO), slide in global crude oil prices and absence of positive cues from the Global Markets made a huge negative pressure on the market which affected Nifty to open deep gap down with 418.45 points at 10,039.95. The benchmark Nifty ...read more →