Re slips to record low of 78.40/USD
Tumbles by 27 paise as unabated foreign fund outflows weigh
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Further fall likely
52,350-52,500 level is the key resistence for now; a close below 51,600 will further lead to 50,700 or 50,500 level
Key indices nosedive as investors slip into risk-off mode
Markets stumble for 5th session as US Fed rate hike triggers recession fears; Reliance Ind, HDFC twins contribute most to the decline; Investors...
Short corrective rallies more likely
Mkts in the US would react sharply in either direction post rate hike. Assuming it is around 75 basis points or more, expect sharp fall and if it’s...
Cart indecisive bars suggest a directionless market
A move below 15670 is negative, and it can test 15350 with no time. Monday's high 15886 will act as key resistance. Avoid highly leveraged positions
Charts indicate further weakness
Fresh pullback rally possible only after 52,800, above which it could move up to 53,200-53,400; below 52,800, the correction continuation formation is ...
Key indices drift lower in the red
Mid-session gains fade out in late selling; Nervous trading ahead of US Fed meet outcome; Telecom stocks largely flat
Re hits record low, slips below 78/$ for 1st time
Home currency falls 20 paise to record low of 78.13/USD as sluggish equity mkts, stronger greenback overseas weighed on investor sentiment
