PK Agarwal

Strong Global Signals Spur Sensex To Gain 210 Pts

Strong Global Signals Spur Sensex To Gain 210 Pts The Bombay Stock Exchange (BSE) benchmark Sensex closed the week strongly on account of strong global signals amid expectations of more sops and stimulus plans in the forthcoming interim budget to be declared on February 16.

Heavy buying activity seen across refinery, metal and bank stocks assisted Sensex to make a hefty gain of 210 points (up 2.31%) to end at 9300.86.

BSE Midcap and Smallcap index rallied smartly and rose 1.43% and 1.05% respectively.

It’s Important To Sustain 9,350 Level For Further Upmove, Says Vishwas Agarwal

It’s Important To Sustain 9,350 Level For Further Upmove, Says Vishwas AgarwalIndian equities, which ended positively on Tuesday (Feb 03), belled today’s session on a higher note tracking global market trends and on expectations of an US economic stimulus plan.

The 30-share index, BSE Sensex opened after gaining 76.90 points, at 9,226.20.

Heavy buying interest has emerged in the majority of segments with metal, banking and capital goods leading the gains.

Sensex Opens Strong On Positive Cues

Sensex Opens Strong On Positive CuesIndian stocks opened the day posi

RBI Meet Outcome May Impact Trading This Week, Says P. K. Agarwal

RBI Meet Outcome May Impact Trading This Week, Says P. K. Agarwal   After opening negatively on Friday (Jan 23), Indian equities managed to return into the positive terrain but fell into the red once again as investors turned watchful on account of weak global reaction.

In lacklustre trading, the 30-share index BSE Sensex lost nearly 140 points amid investors awaiting fresh signals from RBI’s quarterly credit policy review scheduled for Tuesday.

Nifty May Face Resistance At 3,050 Level, Says P.K. Agarwal

Nifty May Face Resistance At 3,050 Level, Says P.K. AgarwalThe Sensex lost more than 700 points on Wednesday (Jan 07) following some startling revelations made by B. Ramalinga Raju, the Chairman of Satyam Computer Services Ltd.

It came as disgusting news to market that Raju quitted after confession of fraud in company’s books.

All sectorial indices hammered badly and marked their closures on a negative note. Realty, oil & gas and IT were among the major losers, which fell 16.95%, 9.35% and 9.32% respectively.

Stock Markets Likely To Open On Strong Note, Says P.K. Agarwal

After opening positively on Thursday (July 31), Indian equities continued to Stock Markets Likely To Open On Strong Note, Says P.K. Agarwalremain volatile all through the day on account of F&O expiry and high inflation figures.

BSE Midcap and Smallcap index closed on a negative note after declining 0.24% and 0.21% respectively.

The majority of Asian stocks climbed up on Thursday, led by mining companies as oil rates surged over $ 4 per barrel on July 30, and metals advanced.