Nifty Outlook And Market Update : 20.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 20.05.2020 - Ace Investment Advisory: As auto manufacturers reopened some production units, auto stocks were seen trading in the green. However, the key challenge that the automotive industry faces is getting the sales numbers up that were already not going through pleasant times in the pre-coronavirus world. As a large number of tier-1 cities, that fall in the red zone,

Nifty Outlook And Market Outlook : 19.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Outlook : 19.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 ended lower for the third consecutive day on Monday as economic package announcements over the weekend failed to boost investor sentiment. BSE Sensex tanked 1.027 points or 3.31 per cent to end the session at 30,070, while the Nifty 50 index dropped 314 points or 3.43 per cent to close

Nifty Outlook And Market Update : 18.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 18.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 drooped over one per cent in Friday’s session dragged by auto and bank stocks. The 30-share Sensex slipped below the crucial 31,000-mark to trade at day’s low of 30,780. While the broader Nifty 50 index breached the psychological level of 9,100, to trade at 9,053, down nearly 100 points. HDFC Bank, ICICI Bank, Axis Bank, Infosys and Reliance Industries were

Nifty Outlook And Market Update : 15.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 15.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 were trading near 2 per cent down on Thursday. US Federal Reserve Chairman Jerome Powell warned a prolonged recession for the US economy on the back of novel coronavirus pandemic. BSE Sensex fell over 650 points to hit day’s lows of 31,344.50, while the broader Nifty 50 index slipped below 9,200-mark. The broader

Nifty Outlook And Market Update : 14.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 14.05.2020 - Ace Investment Advisory: Indian share market cheered the Rs 20 lakh crore stimulus package on Wednesday as BSE Sensex and Nifty 50 posted over 2 per cent gains. However, market participants awaited the finer details of the announced package due to which no major movement happened during the trade. Finance Minister Nirmala Sitharaman’s press conference is scheduled for today. During

Nifty Outlook And Market Update : 13.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 13.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 staged a smart recovery in the last of the trade on Tuesday. The 30- share Sensex rose 526 points from day’s low to settle at 31,371, down just 190 points. During the trade, Nifty50 hit the day’s low of 9,044 and settled at 9,196. On the back of the profit booking, Reliance Industries was

Nifty Outlook And Market Update : 12.05.2020 - Ace Investment Advisory

Nifty Outlook And Market Update : 12.05.2020 - Ace Investment Advisory: BSE Sensex and Nifty 50 climbed off the day’s high in the last hour of the trade to settle with losses on Monday. Sensex fell 740 points from intraday high to end at 31,561 while Nifty 50 index slipped below 9,250 to settle at 9,239. ICICI Bank, HDFC Bank, HDFC, Kotak Mahindra Bank, HUL and Nestle India were the major contributors in the Sensex plunge