DSIJ Mindshare

Index trend and stocks in action January 08, 2019

Karan Dsij 0 779 Article rating: 5.0

We expect Nifty to continue its range-bound movement as it remain trapped in-between the range of its 50-day and 100-day moving average. It has to move past some important overhead resistances to give a sustainable move. Stocks in news: Prabhat Diary, Bandhan Bank, Endurance Technologies, Exide Industries, HFCL, TCS and National Peroxide.

Market expected to open flat amid mix cues from Asian peers

Karan Dsij 0 506 Article rating: 5.0

Indian markets are expected to open flat on Tuesday, tracking mixed trend seen in other Asian markets. The trend on SGX Nifty indicates a flat opening for Nifty with a loss of 2.50 points at 10,802.50. The Central Statistical Organisation (CSO) has pegged the full year GDP growth estimate for India at 7.2 per cent for the fiscal. The real growth rate of 7.2 per cent for the FY2018-19 will be higher than the 6.7 per cent reported in FY2017-18.  

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