Garware Wall Ropes shot above its 50-day line on huge volumes, thanks to solid financial results in Q1 FY 2018. The Company’s sales and revenues grew at the pace of 10.3% and 35.6% y/y, respectively, driven by strong demand from export markets.
Status: Uptrend Under Pressure
Four up days, one down day
Weekly Market Review
The benchmark indices showed strong resilience this week despite heated geopolitical tensions. The Sensex and the Nifty built on last week’s gains to inch closer towards their all-time highs. Continue reading “Weekly Big Picture – Market Overcomes Geopolitical Hurdles to Post Good Gains”