Month: February 2019

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Weekly Big Picture : Media and IT Stocks Lead; Tata Motors Fell 17% on Lowering Margin Guidance

Market Pulse

Rally Attempt

Weekly Action

Benchmark indices closed higher. Nifty, +0.5%; Sensex, +0.2%; Nifty Midcap, -2.3%; Nifty Smallcap, -3.4%; Model Portfolio, +1.7%; and MSI Ind 47, +0.6%.

Weekly Market Review

The benchmark indices started the week on a flat-to-positive basis, thanks to a last hour recovery supported by gains in Kotak Mahindra Bank, Reliance Industries, and Housing Development Fin.. The market continues its Continue reading “Weekly Big Picture : Media and IT Stocks Lead; Tata Motors Fell 17% on Lowering Margin Guidance”

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Daily Big Picture : Nifty Ends Near Day’s High, Midcap and Smallcap Underperform

Today’s Action

Nifty, +1.2%, Sensex, +1.0%, Model Portfolio, +0.7%; MSI Ind 47, +0.7%, Nifty Midcap, +0.1%, Smallcap +0.5%.

Daily Market Review

Market Status: Rally Attempt

Today, the Nifty was able to clear near-term resistances, and also reached its highest level since October in the session. The Nifty Midcap and Smallcap continue to underperform. The Nifty and the Sensex gained on five consecutive days.  Continue reading “Daily Big Picture : Nifty Ends Near Day’s High, Midcap and Smallcap Underperform”