Monday, February 10, 2020

Nifty Outlook And Market Update : 10.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 10.02.2020 - Ace Investment Advisory: Halting its four-day gaining streak, equity market ended in the negative territory on Friday amid worries over  economic damage from the coronavirus outbreak and profit-booking in some of the recent out performers. The S&P BSE Sensex today slipped 164 points or 0.4 per cent to settle at 41,142, with NTPC (up over 3 per cent)

Friday, February 7, 2020

Nifty Outlook And Market Update : 07.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 07.02.2020 - Ace Investment Advisory: Domestic shares advanced for fourth trading session on Thursday after Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Thursday refrained from slashing repo rate and maintained an accommodative stance. Sentiment improved after RBI estimated a 6% GDP growth rate for 2020-21 while projecting a 6.2% growth rate for Q3 December 2020. It revised

Thursday, February 6, 2020

Nifty Outlook And Market Update : 06.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 06.02.2020 - Ace Investment Advisory: Key indices advanced for third straight trading sessions on Wednesday. After a shaky start, the equity benchmarks turned volatile and hit the day’s low by noon. The indices, however, bounced back and ended near the high point of the day. The Nifty managed to close slightly above the 12,000 level. The sentiment got a boost

Wednesday, February 5, 2020

Nifty Outlook And Market Update : 05.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 05.02.2020 - Ace Investment Advisory: Key equity benchmarks ended with robust gains on Tuesday, supported by steep slide in crude oil prices and positive global shares. Further, RBI monetary policy meet (scheduled on February 6th) is awaited as it will throw light on the inflation trajectory as well as provide economic outlook going forward. Further, decline in oil prices and

Tuesday, February 4, 2020

Nifty Outlook And Market Update : 04.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 04.02.2020 - Ace Investment Advisory: Domestic shares ended with decent gains on Monday, after a sharp fall on Saturday, which was triggered due to lack of sufficient stimulus measures in the Union Budget. The Nifty managed to close above 11,700 mark. Gains were capped due to weak cues from other Asian stock markets. The headline seasonally adjusted IHS Markit India

Monday, February 3, 2020

Nifty Outlook And Market Update : 03.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 03.02.2020 - Ace Investment Advisory: Union Budget for 2020-21 turned out to be a big disappointment for the market as a wider fiscal deficit (at 3.8 per cent ) for FY20, absence of any announcement on reduction in Long-Term Capital Gain (LTCG) tax, and a new personal income tax regime (that came with various riders) gave away no clear roadmap

Saturday, February 1, 2020

Nifty Outlook And Market Update On Budget Day : 01.02.2020 - Ace Investment Advisory

Nifty Outlook And Market Update On Budget Day : 01.02.2020 - Ace Investment Advisory: Expectations ahead of Union Budget 2020, and December quarter earnings kept the Indian indices volatile on Friday, The government is expected to raise spending on infrastructure and cut some personal tax in its  2020/2021 budget, to spur consumer demand and investment, government sources and economists told news agency Reuters. The benchmark S&P BSE Sensex ended