Daily Big Picture – Nifty Creates History, Ends Above 10K for the First Time; Sensex Extends Highs

MarketSmith India_William Oneil IndiaToday’s Action:

Benchmark indices extended their highs, as the Nifty achieves a historic feat. Broader markets follow the suite.

Daily Market Review

The Nifty reclaimed the 10K mount in today’s trading session, and closed above this historic mark for the first time. Similarly, its peer composite, the Sensex, continued its uptrend to record a fresh all-time high, yet again. Continue reading “Daily Big Picture – Nifty Creates History, Ends Above 10K for the First Time; Sensex Extends Highs”

Daily Big Picture – Key Indices Trade Flat; Nifty hits 10K Mount but failed to hold momentum

DailyBigPicture-MarketSmithIndia-WilliamOneilIndiaToday’s Action:

After scaling to all-time highs on intraday the benchmark indices failed to hold the momentum and pared opening gains to settle in red.

Daily Market Review

The Nifty trims after reaching the 10K mark as investors exhibits some caution ahead of major earnings, which is due later today and the upcoming U.S. Federal Reserve meeting. Continue reading “Daily Big Picture – Key Indices Trade Flat; Nifty hits 10K Mount but failed to hold momentum”