Expert Zone

India Markets Weekahead: Wait for market consolidation

February 7, 2016

(Any opinions expressed here are those of the author and not of Thomson Reuters)

A gap-up on Thursday and a follow-up rally on Friday helped the Nifty move closer to the crucial 7,500 mark in what was a highly volatile week. Following a recovery in global stocks triggered by reduced expectations of further U.S. Fed rate hikes this calendar year, the index managed to recoup its intra-week losses.

India Markets Weekahead: Survival of the fittest

January 17, 2016

(Any opinions expressed here are those of the author and not of Thomson Reuters) A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui/Files

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui/Files

India Markets Weekahead: Time to book some profits

October 25, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Indian shares marked their fourth consecutive week of gains with the Nifty adding 0.70 percent at 8,295, a notch below the crucial 8,300 levels. Encouraging corporate results and support from global indices helped markets stay higher.

India Markets Weekahead: Outlook positive, but stay cautious

October 18, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters)

A spirited rally late on Friday saw the Nifty close 0.5 percent higher at 8,238. The index otherwise traded in a narrow range of 8,100-8,200 throughout the week. A mix of disappointing corporate results on one hand and stimulus hopes in China and Japan on the other offset each other.

India Markets Weekahead: Bulls in control but no catalysts for next big move

May 24, 2015

(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)

India Markets Weekahead: Use current market opportunity for directional trades

November 9, 2014

(Any opinions expressed here are those of the author and not of Thomson Reuters)

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai February 6, 2014. REUTERS/Mansi Thapliyal/FilesMarkets held up in the truncated week and settled comfortably above 8,300 levels. The government’s reform push, supported by domestic news flows and positive international markets ensured stability in the new zone. Soft commodity prices, especially crude, gave markets a further fillip.

India Markets Weekahead: Pre-budget rally may be muted

June 15, 2014

A man looks at a screen across the road displaying the election results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai May 16, 2014. REUTERS/Danish Siddiqui/Files(Any opinions expressed here are those of the author and not of Thomson Reuters)

The Nifty touched a new high of 7,700 before cracking on Friday to slip about 0.5 percent for the week. This was primarily triggered by the unrest in Iraq and the subsequent rise in crude prices.

India Market Weekahead: Time to take some profits off the table

April 13, 2014

(Any opinions expressed here are those of the author and not of Thomson Reuters)

A rally of hope tempered by caution pushed the Nifty 1.2 percent up to 6,776 for the week. Investors believe the worst is over and a new government would be the catalyst for a sustained economic upturn. In election season, hope for a better tomorrow helps the market ignore ground realities.

India Markets Weekahead: Results of state elections a key driver

November 24, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Markets had been on a roller-coaster ride but closed weak for the third week in the row with the Nifty in the 5950-6000 range providing support.

India Markets Weekahead: Beware the Ides of March

March 10, 2013

(Any opinions expressed here are those of the author and not of Reuters)

Markets ended budget week below support levels of 5800/5840 and just when the six-month rally seemed over for good, it made a spirited V-shaped recovery to close at 5946 on Friday, with gains of 3.95 percent. The Street is divided with some expecting this to be the beginning of a new rally with the market scaling highs that it missed in February; others see it as a strong pullback which will fizzle out soon.