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Nifty50 on Friday formed a bearish candle on the daily chart and an indecisive Doji on the weekly chart. The day saw the NSE barometer facing resistance above the psychological mark of 13,000, which has been the case for the past couple of sessions now. Analysts largely see 12,750-13,150 as the range for the index for the coming week. A break above this range can offer directional cues, they said.
Margin rule takes effect today, Sebi rejects appeal for delaySo far, investors either had to transfer their shares to the brokers’ account or give power of attorney to the broker for availing leverage. In the new process, as the securities remain in investors’ own demat account, they w… Read MoreAt Rs 47,000 cr, FPIs buy record stocks in August Bucking the trend of selling in most emerging market equities, foreign fund managers have been buying in India in August. The chief reason is the sensex that was rising through the month, prompting mainly exchange-traded fun… Read MoreStocks in the news: Maruti Suzuki, Bharti Airtel, L&T, RIL and Future RetailIntegrated Core Strategies (Asia) PTE bought 3,80,10,584 shares of telecom major Bharti Airtel at Rs 513.79 per share.
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… Read MoreGDP fall, China worries give the Sensex an 839-point joltSensex slid 839 points or 2.13 per cent to close at 38,628.29. Nifty sank 260.10 points or 2.2 per cent to close at 11,387.50.
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… Read MoreSGX Nifty up 50 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 51.50 points, or 0.45 per cent higher at 11,417, in signs that Dalal Street was headed for a positive start on Tuesday.
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