Why Nifty failed to hold above 10K; This Porinju bet rallied 20% in just 5 sessions

ET Markets Daily Brief | Tue, Jul 25, 2017 | 06:25 PM IST Follow ET Markets

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Tech view: Nifty forms Bearish Belt Hold pattern; no smooth ride ahead Experts advised traders to remain cautious and not to get carried away and wait for a breakout. Bharti Airtel Q1 profit plunges 75% YoY to Rs 367 crore, beats Street estimates ARPU of Bharti Airtel slipped 2 per cent on a quarter-on-quarter basis to Rs 154 per month. Why Nifty failed to hold above 10K: 5 factors that spoiled the party At such dizzying heights without the necessary props, the Nifty50 is at risk of falling.

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Market Watch 25 Jul | 06:25PM| SENSEX NIFTY USD/INR GOLD 32228.27 ↓-17.60 9964.55 ↓-1.85 64.38 ↑0.04 28464.00 ↓-52.00

Gainers Losers 25 Jul, 2017, 06:25PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

Tweet of the day... Salasar Techno Engineering lists at 140% premium to issue price

FROM THE NEWSPAPER

All eyes on Fed: What it will do this week & its impact on global markets The Fed will likely be less confident about the robustness of the economic recovery. LIC will have to reduce its exposure in ITC, Corporation Bank, L&T to 15% IRDAI had sought a plan from LIC on time frame as well as on quantum of stake dilution. For Porinju, 10K is base! For Kedia, it's Diwali; Kela has a few smart tips As the index hit the magical five-figure mark on, D- Street veterans had mixed feelings to share. Oh Yellen! Any Fed normalisation hint can end this bear grip on gold Gold is negatively correlated to US dollar and tightening monetary policy. Dead horse or Dark horse? This Porinju bet rallies 20% in 5 sessions The scrip had surged over 20 per cent in the past five trading sessions.

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