Nifty50 forms ‘Hanging Man’ pattern; What’s really driving equity markets to new peaks globally

ET Markets Daily Brief | Fri, Jul 21, 2017 | 05:59 PM IST Follow ET Markets

NOT TO MISS #StocksInNews,#Recos,#Expert Views,#IPOs,#Commodities

Tech View: Nifty50 forms 'Hanging Man' pattern; bulls in no mood to give up For any upside, the index needs to take out its all-time high of 9,928 on a closing basis. ETMarkets After Hours: RIL lights up D-Street; telcos see red Post JioPhone announcement, shares of the rival telecom players came under heavy selling. Market Moguls: Why it will be hard for RBI to not cut rate in August policy review The forecast of a favourable monsoon further bodes well for food inflation in the country.

Interview One to One There could be a slight bit of a headwind because of a pullback in oil prices in the near term.... Sanjiv Bhasin , India Infoline

Advertorial Have Rs. 500 in your Account; Invest in Mutual Funds now with ET Money A complete investing solution for smarter generation; Invest in Mutual Funds, Manage Expenses & Buy Insurance online

Advertorial Leadership 2.0- Sculpting leaders of tomorrow for a new financial paradigm The Financial Sector needs new leaders!

Market Watch 21 Jul | 05:59PM| SENSEX NIFTY USD/INR GOLD 32028.89 ↑124.49 9915.25 ↑41.95 64.31 ↓-0.12 28387.00 ↑56.00

Gainers Losers 21 Jul, 2017, 05:59PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

Tweet of the day... RIL doubled shareholders' money every 2.5 years for last 40 years: Mukesh Ambani

FROM THE NEWSPAPER

So who is this Rajinikanth driving equity markets to new peaks daily? Equity rally seems to be driven by a new Rajinikant, the demigod of Tamil film industry. Good news for pricey stocks; 200 promoters just raised stakes Promoters buying shares of their own companies is considered a good omen. Reliance Industries announces bonus share issue at 1:1, claims it is India's largest It reconfirms my confidence in future of the company, said Mukesh Ambani. Rs 100 crore profit a day! Watch out for a much bigger RIL in the making Brokerages expect the stock to rise close to 30% over the next one-and-a-half years. 10 unbelievable numbers from RIL's 40th Annual General Meeting

MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices

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 ET Markets

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2017 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