Bharat Forge hit a new high in today’s trade, as it jumped 7.7% on the back of a very strong Q3. The Company reported a 47% y/y jump in revenues, while net profit spikes 77% y/y.
Daily Big Picture – Key Indices Close Above 50-DMA; Pharma Stocks Lead The Rally
Today’s Action:
The Nifty and the Sensex displayed some signs of strength today as they closed above their 50-DMA mark; broader indices outperformed the frontline indices.
Daily Market Review:
Indian market observed a yet another volatile trading session thus keeping the investors on toes; however, the benchmark indices made a remarkable recovery today after posting losses in the last seven trading sessions. Continue reading “Daily Big Picture – Key Indices Close Above 50-DMA; Pharma Stocks Lead The Rally”
Stay in Step with the Market – MarketSmith India Webinar – 6 Feb 2018
[embedyt] https://www.youtube.com/watch?v=3cg5oNGZKgs[/embedyt]
Stay in Step with the Market – MarketSmith India Webinar covers the following:
• General Market Direction
• How To Play This Market
• Why Market Bottoms Matter To Your Bottom Line
• How to Use “Follow-Through Day” to Spot New Uptrend
Chart Of The Day- Ashok Leyland On A Roll; Stock Breaks Out From Cup With Handle Base
Daily Big Picture – Benchmark Indices Erased Morning Gains
Today’s Action:
Key indices displayed some signs of improvement in the morning but gave away all their gains as the day progressed. Broader indices ended in green today.
Daily Market Review:
Continue reading “Daily Big Picture – Benchmark Indices Erased Morning Gains”