Month: March 2018

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Daily Big Picture – Key Indices Stall; Close Near Day’s Lows

Today’s Action:

Major composites fall-off day’s highs amid profit booking in the afternoon session.

Daily Market Review:

The Indian stock market left investors high and dry with a stalling session. After a gap-up opening that saw Nifty rising 0.6%, the market failed to capitalize and succumbed to profit-booking in the second half of the session.

Eventually, Nifty and Sensex settled with gains of 0.3% and 0.4%, respectively.

The market saw an uplift today on account of financial stocks that contributed to almost half of the gains. Continue reading “Daily Big Picture – Key Indices Stall; Close Near Day’s Lows”

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Daily Big Picture – Sensex Snaps Five-Day Losing Streak

Today’s Action:

Key indices close positive in a choppy session; Nifty manages to hold 10,100 level.

Daily Market Review:

The market witnessed a volatile trading session today, before the Nifty and the Sensex snapped their losing streaks to end with small gains.

Today, the Nifty and the Sensex managed to close in the green with nominal gains of 0.30% and 0.22%, respectively. The IT stocks and HDFC Bank lifted the indices to positive territory. Continue reading “Daily Big Picture – Sensex Snaps Five-Day Losing Streak”