Daily Big Picture – Benchmark Indices Consolidate with F&O Expiry in View

Today’s Action:

The major indices ended marginally lower after yesterday’s record finish. The NiftyMidcap index ended in a negative zone, while the Smallcap index posted a decent increment.

Current Outlook:

  • Market environment conducive for new purchases, but remain selective.
  • Focus on fundamentally strong stocks breaking out of strong technical patterns.
  • Stay disciplined and exercise sound buy and sell rules.

Continue reading “Daily Big Picture – Benchmark Indices Consolidate with F&O Expiry in View”

Daily Big Picture – Key Composites Mark Record Highs; Sensex Embarks 30k Mark

Today’s action:

The Sensex soars to a fresh all-time high, while the Nifty extends its high. The broader indices performed in contrast to the key indices, ending with significant losses.

Current Outlook:

  • Market environment conducive for new purchases, but remain selective.

  • Focus on fundamentally strong stocks breaking out of strong technical patterns.

  • Stay disciplined and exercise sound buy and sell rules.

Continue reading “Daily Big Picture – Key Composites Mark Record Highs; Sensex Embarks 30k Mark”

Markets Resume Rally; Nifty Scales All-time High

Today’s action:

Major indices extend gains. The broader indices continue their positive run, but underperform key indices.

Current Outlook:

  • Market environment conducive for new purchases, but remain selective.
  •  Focus on fundamentally strong stocks breaking out of strong technical patterns.
  • Stay disciplined and exercise sound buy and sell rules.

Continue reading “Markets Resume Rally; Nifty Scales All-time High”