Today’s Action:
Benchmark indices extend their gains. Broader markets outperform major composites.
Daily Market Review:
The Indian market started the day on a positive note and gained momentum, as the day progress. Despite a few dips in the mid-session, both the indices managed to close on a positive note. This is the sixth straight session, where both the benchmark indices closed in the positive territory. Continue reading “Daily Big Picture – Market Inches Higher For Sixth Day In A Row”
Vip Industries continued its positive momentum as the stock climbed to an all time high. The stock had a dream run this year with a gain of 195% YTD.
Today’s Action:
The major stock indices moved higher, for a fifth straight session. Broader indices ended mixed.
Daily Market Review:
Tracking positive global cues, the benchmark indices extended their winning streak to fifth consecutive sessions. However, the key indices remained range bound, for most part of the day. Trading volumes have been lower in the last three session. Continue reading “Daily Big Picture – Bulls Get The Better Of Bears As Nifty Extends Its Solid Run”
Panama Petrochem continued its good run after breaking out of a cup base pattern yesterday. The stock gained 4.6% today, advancing on above-average volume for the second straight session. The Company reported strong numbers in Q2 FY 2017, with revenues and EPS climbing higher by 51% and 54%, y/y, respectively.
Today’s Action:
After starting the day flat, benchmark indices ended the day with modest gains; however, broader indices extended their gains.
Daily Market Review:
Benchmark indices started the day on a positive note, after tracking strong cues from its Asian peers. As the day progressed, they could not sustain the early morning gains, but still managed to post healthy gains on the bourses. Broader indices underperformed the key indices today. Continue reading “Daily Big Picture – Pharma Stocks Shove Nifty Above 10,300”
