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Stock market watch: What to expect from the week ending July 23, 2021 SECTIONS Last Updated: Jul 19, 2021, 06:30 AM IST Share Synopsis Closing above 15,900 for the last two days of last week shows its inherent strength and indicates that the Nifty is now shifting to a higher range. We expect tiles and plastic pipe manufacturers to deliver a weak performance q-o-q as the second wave hit sales of both. Long-term demand outlook is positive for tile and pipe manufacturers. Finally, an upward breakout: After remaining in a 15,450-15,900 range for several weeks, Nifty finally broke out on the upsid...

Markets clearly shrugged off mixed global cues early last week but did not add significant gains. Throughout the first half of the week, our markets traded positively to once again challenge the all-time high. However on the weekly expiry day, markets had a rough day which was mainly on the back of the negative development across the globe. Fortunately, the fall got arrested in the vicinity of the support zone to eventually conclude the week tad below 15,700. In the last one month or so, we have seen multiple attempts to reach the millstone of 16,000 but markets are clearly struggling as so...

Stock market likely to see recovery, say analysts According to analysts, key factors that may shape market movement this week are Covid-19 cases and vaccination, foreign portfolio investment (FPI), earnings for Q1FY21 and IPOs. Share Via Email   |  A+A A- By Express News Service NEW DELHI:  Even as the stock market started last week on a positive note, it ended up losing about 1% of its value during the week. Nifty closed the Friday session at 15,722.67 while Sensex ended at 52,484.67.  “It was probably the dullest week in last fifteen months our markets have experienced. Barring ...

Nifty outlook The massive correction in the US markets in the previous session had a continuation on Monday morning to haunt traders across the globe. As a result, our markets opened with more than a per cent cut to test the 15,500-mark. However, this was followed by a remarkable V-shaped recovery in the remaining part of the day. For the subsequent two sessions, markets consolidated at higher levels with no clear intent. However, towards the fag end of the week, the bulls were back with some strength to mark highest ever weekly close, a tad below 15,900. In our previous weekly commentary,...

Agencies Fed Chairman Jerome Powell's testimony before the US Congress, month expiry of derivative contracts and Reliance Industries' 44th annual general meeting kept the volatility high across the bourses. New Delhi: The domestic equity market witnessed a volatile week in which benchmark indices managed to end up with gains. Both BSE Sensex and NSE Nifty gained as much as a percent each, thanks to buying in IT, metal and capital goods counters. The market continued to witness whipsaws this week, but remained within range as the broader sentiment showed restraint given the absence of any sign...