Weekly Big Picture : Nifty records the Highest Loss of the Decade. Here are some stock market tips to help you through it.

Weekly Action

Nifty, -7.3%; Sensex, -6.9%; Nifty Midcap, -7.2%; Nifty Smallcap, -7.7%; and Model Portfolio, -6.2%.

Market Pulse Downtrend

Weekly Market Review

Nifty declined 7.3% during the week due to fears of widespread coronavirus. This is the highest weekly decline since the 2008-09 global financial crisis. Currently, it is trading below its major key moving averages, 200-DMA (-3.9%), 100-DMA (-6.2%), and 50-DMA (-7.3%). Nifty Midcap (-7.2%) and Smallcap (-7.7%) indices also showed weakness. India VIX surged around 30% today.

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Weekly Big Picture : DHFL Reports its Q3 Results. Get the best stock market predictions here

Weekly Action

Nifty, -0.3%; Sensex, -0.2%; Nifty Midcap, -0.2%; Nifty Smallcap, +0.04%; and Model Portfolio, +1.7%.

Market Pulse Rally Attempt

Weekly Market Review

After closing below 50-DMA last Friday, Nifty started the week on a weaker note. It was volatile through the week. Today, it tested its 50-DMA (12,148) but couldn’t close above it. Also, the broader market was weak. Nifty Midcap and Smallcap bounced back from their 50-DMA.

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