8,055 level to act as a strong support for Nifty50; Rates begin to fall despite RBI status quo

What You Must Know Before Your First Trade Thu, Dec 08, 2016 | 09:16 AM IST

NOT TO MISS #StocksInNews,#Recos,#Expert Views,#IPOs,#Commodities#Market Moguls#Paathshala#ETMarkets Podcast

MONEY & MARKETS

Nifty50 forms a 'Large Bear', watch 8,055 level for market direction Analysts said the 8,055 level would now act as a strong support for the index, and any fall below this level can trigger a deep correction in the index. Seven top cues that changed things for D-St while you were sleeping Indian bond yields jumped sharply on Wednesday after the central bank unexpectedly kept the key policy repo rate unchanged, prompting a sudden cutting of long positions across the board. Key market triggers to watch out before Opening Bell Nifty50 futures on the Singapore Stock Exchange were trading 59 points higher at 0.72, indicating a positive opening for the domestic market.

RECAP: RBI's rate surprise spooks D-St; auto stocks come out on top LIVE UPDATE: Look who's moving my market today Fifteen stocks in focus on Thursday, 8 December 2016 need2know: Six market-moving macro triggers to watch today Loan rates begin to fall despite RBI status quo on policy rate Did RBI status quo have more to do with Patel's attempt to restore RBI's image RBI pump in Rs 4 lakh crore, gets back Rs 11.5 lakh crore in its kitty

Market Watch 8 Dec | 09:16AM| SENSEX NIFTY USD/INR GOLD 26236.87 ↓-155.89 8102.05 ↑0.00 67.42 ↓-0.48 27909.0 ↑82.0

Gainers Losers 8 Dec, 2016, 09:16AM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Hindustan Dorr-Oliver Ltd. 13.40 19.64 0 0.00 0.00 Jeevan Scientific Technology Ltd. 50.00 9.41 0 0.00 0.00 Nile Ltd. 390.00 8.30 0 0.00 0.00

52W - Highs 52W - Lows 8 Dec, 2016, 09:16AM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

STREET VOICE Capacity utilisation in India still has not gone to the level one would like to see before... Keki Mistry HOW TO TRADE IN MARKET TODAY Get best stock recos from top brokerages for today's market

MACROS THAT MATTER Demonetisation effect: Why cryptocurrency is gaining currency in cashless times Post note ban, bitcoin exchanges have raised prices slightly to limit demand and push selling. Desi exchanges are now seeing 350-600 coins traded daily.

Government seeks Parliament nod for additional net spending of Rs 35,000 crore Cash crash: NREGS promises jobs but wages are no guarantee Key changes to back more crops likely Demonetisation: No special dividend for government, says Urjit Patel Inflows into Jan Dhan A/Cs decline post govt warning: CBDT Demonetisation, Jio rivalry to hit telcos revenue by 5-7 per cent: ICRA Labour Ministry opens over 13.76 lakh bank a/cs since November 26: Government Cabinet nod to expand mandate of DMIC trust fund Cabinet Committee approves half yearly review of nutrient-based subsidy rates

OPINION/ BLOG Urjit Patel does well to not pander to populism The central bank is concerned that the non-food, non-oil price trend is firm. Still, it expects to meet the inflation...

VIDEOS

Market update: Nifty50 tests 8,850 level; PNB up 3% Good time to invest in gold: Karvy Commodities Infiltration bid foiled by BSF

More Videos

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

ET Mutual Fund A weekly round-up of the top news and views from the mutual fund industry

ET Investment Opportunities Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow ETMarkets Download ET APP:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2016 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here