Today’s Action:
Benchmark indices extend their gains. Broader markets outperform major composites.
Daily Market Review:
The Indian market started the day on a positive note and gained momentum, as the day progress. Despite a few dips in the mid-session, both the indices managed to close on a positive note. This is the sixth straight session, where both the benchmark indices closed in the positive territory. Continue reading “Daily Big Picture – Market Inches Higher For Sixth Day In A Row”
Today’s Action:
The major stock indices moved higher, for a fifth straight session. Broader indices ended mixed.
Daily Market Review:
Tracking positive global cues, the benchmark indices extended their winning streak to fifth consecutive sessions. However, the key indices remained range bound, for most part of the day. Trading volumes have been lower in the last three session. Continue reading “Daily Big Picture – Bulls Get The Better Of Bears As Nifty Extends Its Solid Run”
Today’s Action:
After starting the day flat, benchmark indices ended the day with modest gains; however, broader indices extended their gains.
Daily Market Review:
Key indices traded flat for most hours in today’s trading session. However, some spurt in trading volume, during the last hour, helped the indices to extend their gains. Broader Indices outperformed the benchmark indices. Continue reading “Daily Big Picture – Key Indices Consolidate As Bull Case Still Holds Some Water”
Today’s Action:
Key indices displayed a spellbound trading session today, as they posted gains for the first time, after three consecutive days of distribution this week. The Nifty dropped one distribution day, due to ageing.
Daily Market Review:
Benchmark indices bounced back today ending a three day losing streak. The Nifty closed above 10,200 mark, while the Sensex also gained more than 300 points in today’s trading session. Midcap and Small cap indices also snapped from their down trend, following the frontline indices. Continue reading “Daily Big Picture – Bulls Back With A Punch As Key Indices Turn North”
Today’s Action:
Benchmark extends losses with lower volume. Distribution count remains same.
Daily Market Review:
For the third consecutive day, the Indian market ended in a negative territory. Benchmark indices opened on a negative note, amid weak global cues, and continued to be sluggish. Further, the data on India’s trade deficit also hurted the investor sentiments. The India’s trade deficit came at a three-year high of $14.01B in October, from $8.98B in September 2017. Continue reading “Daily Big Picture – Bulls Feel The Heat As Nifty Breaches 50-DMA”
