Daily Big Picture – Bears Take Control Over D-Street; Nifty Falls Below 10,300

Today’s Action:

The benchmark indices recorded sharp losses. The broader indices fell in line with key composites.

Daily Market Review:

The frontline indices declined significantly after a flat opening in today’s trading session. Volatile session was observed throughout the day. The Sensex and Nifty escaped adding a distribution day due to lower trading volume. Continue reading “Daily Big Picture – Bears Take Control Over D-Street; Nifty Falls Below 10,300”

Daily Big Picture – Markets Trade Flat As Investors Look For Positive Cues

Today’s Action:

India’s key indices remained flat today, however, markets displayed some strength during the end of today’s trading session. Broader indices followed the frontline indices today.

Daily Market Review:

Today, the benchmark indices started strongly tracking strength from their global counterparts, and during afternoon it observed some selling but that was lived short as the investors resort to some strong buying at the last hour; thus, helping the key indices to close in green. Continue reading “Daily Big Picture – Markets Trade Flat As Investors Look For Positive Cues”

Daily Big Picture – Bulls Rest As Market Trades in Channel

 

Teaser_MarketSmithIndia

Today’s Action:

Key Indices traded within a narrow range today. However, even on a subdued trading day, indices managed to touch new highs signalling a strong bullish trend for the market.

Daily Market Review:

Benchmark indices experienced a range-bound trading session today, with  both the indices touching new highs. Markets traded flat, for major part of the day, before ending the day with marginal losses. Broader Indices extended their gains. Continue reading “Daily Big Picture – Bulls Rest As Market Trades in Channel”

Daily Big Picture – Benchmark Indices Observed a Sombre Session Today

Today’s Action:

Key Indices observed a subdued performance today. However, the broader indices outperformed the frontline indices, while the Nifty Realty stole the show.

Daily Market Review:

The Indian market frittered away from the promising start and remained in the negative territory throughout the session. The investors remained shy to take new positions in the stock, before the earnings release. Continue reading “Daily Big Picture – Benchmark Indices Observed a Sombre Session Today”

Daily Big Picture – Benchmark Indices makes Record Highs; Nifty closes above 10,300

MarketSmith India_William Oneil India

Today’s Action:

Key Indices continue to build up gains to reach new highs.

Daily Market Review:

Benchmark indices started marginally low today, but ended the day with modest gains. A volatile trading session was observed as investors remained watchful due to derivatives expiry. Continue reading “Daily Big Picture – Benchmark Indices makes Record Highs; Nifty closes above 10,300”