Tuesday 28 February 2017

Nifty may consolidate further, downside looks limited; 39% of Rs 1L crore watch-list accounts now NPAs

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Wed, Mar 01, 2017 | 09:37 AM IST

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MONEY & MARKETS
What's up ahead: Nifty needs to cross 8,930, 8,950 levels for further upside

For the day, the 8,910 and 8,950 levels will act as immediate resistance for the Nifty50. Supports will come in at 8,835 and 8,810 levels.

What's buzzing on breakfast tables this morning

India seems to have braved the effects of demonetisation with the economy growing at an unexpectedly robust 7 per cent in what was deemed to be the worst-hit.

Tech View: Nifty forms 'Small Bearish' pattern

A 'Small Bearish' candle is formed when the index trades lower, but within a defined range throughout the session. The length of the candle defines the range.

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Finance ministry official Ajay Tyagi to take charge of Sebi on Wednesday
Paper chase may end soon as spread between CP and bank rates narrows
Analysts see further upside for Federal Bank, Karnataka Bank
Market Watch 1 Mar | 09:37AM|
SENSEX NIFTY USD/INR GOLD
28965.57
222.25
8937.55
57.95
66.80
0.09
29553.0
-157.0
Gainers Losers 1 Mar, 2017, 09:37AM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
52W - Highs 52W - Lows 1 Mar, 2017, 09:37AM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Tata Tele 9.26 15.46 3315452 9.37 8.30
Pecos Hotels & Pubs Ltd. 123.40 9.98 9000 123.40 123.40
Samrat Pharma 76.20 9.96 40698 76.20 73.40
Pioneer Invest 54.70 9.95 251 54.70 54.70
T & I Global 59.25 9.93 2285 59.25 59.25

STREET VOICE

There's still a lot to go for the Indian economy: Hugh Young, Aberdeen Asset Management Asia

India remains one of the most overweight markets and while it may not be the cheapest mark...

Hugh Young

MACROS THAT MATTER
Core sector growth slows down to 3.4% in January

The growth rate of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity was 5.7 per cent in January 2016.

OECD cuts India's growth forcast to 7%
Spectrum sale likely in second half of this year: JS Deepak
India keen on riding 5G wave, norms in offing: Telecom Secretary
Government sees FY17 per capita income rising 10% to Rs 103,818
India's strong GDP data leaves economists scratching their heads
How government's growth projections beat market estimates
Implementation of TFA of WTO can bring down exporters' costs significantly: CBEC
Election Commission bars CSO from releasing state-specific data during polls
Fiscal deficit breaches 2016/17 target in January, at Rs 5.64 lakh crore
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