[ad_1] The Nifty 50 index is set for its worst month in nearly five years as relentless selling from foreign institutions and disappointing results from some index constituents has dragged the index lower from record high levels. The Nifty had made a record high of 26,277 on September 27 and has corrected over 2,000 points […]
These two sectors are possible pockets of opportunity in this volatile market – CNBC TV18
[ad_1] IT and Metal stocks could be potential hiding opportunities for market participants in this currently volatile and choppy market, said Gautam Shah of Goldilocks Premium Research. In an interaction with CNBC-TV18, Shah called the market fall a “difficult corrective phase” and anticipated that it is likely to continue for a while. He stated that […]
India overtakes China to become the largest MSCI EM weightage, further increase in store? – CNBC TV18
[ad_1] India has overtaken China to become the largest weightage in the MSCI EM Index. The ascend to the top happened on Wednesday. Brokerage firm Morgan Stanley believes that an increase in weightage will essentially mean more absolute foreign flows. “In the context of India being underweight in the average EM portfolio, this is even […]
Trade Setup for August 16: Nifty bulls look to prevent third weekly loss as 24,100 becomes key level – CNBC TV18
[ad_1] Heading into a holiday generally means lower participation and rangebound trading action for the markets and the Nifty witnessed just that on Wednesday as well. With Thursday being a holiday, the weekly expiry for both the Nifty and the Nifty Bank took place on Wednesday. The Nifty is currently locked in a 250-point range. […]