Benchmark indices ended in the red today. Nifty, -1.1%, Sensex, -1.1%, Model Portfolio, +0.4%; MSI Ind 47, -0.3%.
Daily Market Review
The Nifty 50 ended close to its day’s low. The last time Nifty lost more than one percent on consecutive days was in October. Weakness in global markets, weak Chinese economic data and muted auto sales for the month of December are some of the factors that weighed down the market. Continue reading “Daily Big Picture – Nifty Ends Below its 200-DMA; Tata Power Gets Extension to Supply Power to BEST”