Experts find it difficult to predict a bottom for the bourses.
'Investors should continue to invest because you are looking at the long-term; in the next four to five years, we are bound to outperform (the rest of the world equity markets).'
Momentum indicators and rising moving averages point to further gains for the Indian rupee, which broke through a key resistance three weeks ago, technical analysts say.
Broader markets outperformed.
The Nifty ended at 5,318, up 22 points.
Overall market breadth was extremely positive as 1,695 stocks advancing while 831 were declining.
According to experts, the Nifty has continued to form lower top-lower bottom formations, a trend seen in the last five weeks, and witnessed sharp selling towards 9,700 zones.
The Nifty had added more than a hundred points in the past two trading sessions, and infact, comprehensively crossed the 5500 mark on Thursday. The market breadth was negative. Of the 3,071 shares traded on the BSE, 1,602 stocks have declined while 1,353 have advanced.
Those who lack discipline, persistence and self-confidence lose the never-ending challenge of trading profits.
Market sentiment around the stock has continued to be positive on the back of improving outlook for the US economy and anticipated weakness in the rupee.
What do technical analysts feel about the market in 2008? Three experts share their views.
Most think slowing US demand is behind the fall in crude prices but a fall in Chinese demand could trigger a far sharper decline.
The last 3000 points surge in the Sensex may be a perfect opportunity to book profits, but remember, you have to be in the market to make money.
The infrastructure pack has been running up. Examining the fundamentals and technicals, Vibhav Kapoor of IL&FS and technical analyst Rajat Bose discuss the infrastructure space.\n
GA readers shares their BPO experiences, what they've learned and how to cope with the night shift.
The real estate space has been buzzing quite a bit of late. Especially after Parsvanath's IPO and the possibility of DLF coming into the market, at current valuations, is this the time to buy into this space?
Market is in an uptrend and there are no signs of exhaustion
Consistent move on the Nifty could lead to increased volatility in the market.
A panel of technical analysts forecast how markets will behave this year.
Technical analyst Prakash Gaba believes that the markets are overstretched in the short term while the long-term trend is still intact.
Technical analyst S L Joshi tracks the Indian markets using the Elliott Wave Theory
Technical analyst Ashwani Gujral believes that there is no direction in the market as of now. It continues to move around a 1000-points band.
Experts believe that cement companies will post pretty good numbers in Q1FY07.
Technology stocks are likely to lead the decline in this market.
What exactly is technical analysis and is it completely non-subjective?
The Australian police believe it is a contract killing.
Technical analysts predict short-term corrections followed by a period of consolidation. But long-term outlook is bullish.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
Oil fell below $59 a barrel for the first time since May 2009 on Tuesday, extending a six-month selloff as slowing Chinese factory activity and weakening emerging-market currencies added to concerns about demand.
Here's how brokerages across the country are interpreting the exit polls.
Gold buyers in Asia were in no hurry, anticipating the market to weaken further, with premiums in India and Hong Kong picking up only modestly this week
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