Market losing momentum; Is it time to go short or buy on dips?

ET Markets Daily Brief | Fri, Apr 29, 2016 | 05:58 PM IST Follow ET Markets

Market losing momentum: Top five strategies as Nifty50 consolidates The Nifty50 breached its crucial support level of 7,800, but bounced back in the last 60 minutes of trade to close a shade below the 7,950 level. Here's what happened on Dalal Street all through Friday If you are reading this, chances are Sensex and Nifty are part of your daily life, and actions on Dalal Street can make or mar your day. Hence this effort to keep you up to date on LIVE market. Nifty50 breaches 7,800 level: Is it time to go short or buy on dips? The Nifty50 breached its crucial support level of 7,800 in Friday's trade. Most technical experts were expecting the index not to breach the 7,820 level.

Interview One to One For HCL Tech, there was some weakness in the BFSI space due to restructuring going on globally. The positives were se... Ajit Kumar, , President — Systems Integration and Application Services Delivery, HCL Technologies

Advertorial What mistakes do consumers commonly make: KS Gopalakrishnan,MD&CEO, Aegon Life Insurance KS Gopalakrishnan,MD&CEO, Aegon Life Insurance talks on 'What mistakes do consumers commonly make when purchasing Insurance plans'.

Market Watch 29 Apr | 05:58PM| SENSEX NIFTY USD/INR GOLD 25606.62 ↑3.52 7849.80 ↑2.55 66.32 ↓-0.20 29910.00 ↑224.00

Gainers Losers 29 Apr, 2016, 05:58PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low NEO Infracon Ltd. 42.00 20.00 8107 42.00 35.00 Smruthi Organics Ltd. 153.10 19.98 79040 153.10 135.30 Lok Housing & Constructions Ltd. 6.03 19.88 740747 6.03 5.00

Tweet of the day... ICICI Bank stock in for big knock, but represents buying opportunity: Experts

FROM THE NEWSPAPER

5 stocks where global brokerages tweaked ratings post Q4 earnings Net profit reported by 136 companies has plunged 11.6% on a year-on-year basis to Rs 27,846 crore and 21.85% sequentially, according to ETIG database. Ujjivan IPO progresses, sees 75% subscription on Day 2 Data available with the stock exchanges showed the IPO has received bids for 2.23 crore shares against the total issue size of 2.96 crore shares. Thyrocare Tech IPO draws huge response, subscribed 73.24x NSE data showed that the IPO received cumulative bids for 2.66 crore shares, or 3.54 times the total issue size of 75.21 lakh shares, by 11 am on Friday. Government gives in to pressure, EPF interest rate increased to 8.8% from 8.7% The rollback comes after the Finance Ministry and the Labour Ministry were locked in an intense tussle over the rate of interest on EPF deposits for 2015-16. I'm in forced exile but I'm willing to settle my dues with banks: Vijay Mallya Embattled tycoon Vijay Mallya has said he is in a "forced exile" and has no plans to return to India where things are flying at him "fast and furious".

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|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2016 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