Tag: bse

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Daily Big Picture – Negative Session on the Bourses; Bulls Slog it Out

DailyBigPicture-MarketSmithIndia-WilliamOneilIndiaToday’s Action:

Benchmark indices recover from the day’s lows to end with small losses. Broader markets underperform.

Daily Market Review

The market opened flat in today’s session in the wake of mixed cues from the Asian markets. However, soon after, selling was witnessed across the board, resulting in the Nifty slipping 100 points below its peak for the session. The market gradually recovered as the day progressed, with both the Nifty and the Sensex closing for the day with minor losses. Continue reading “Daily Big Picture – Negative Session on the Bourses; Bulls Slog it Out”

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Weekly Big Picture – Nifty Stages a Comeback; Scales 10K

weekly-big-picture_MarketSmithIndiaMARKET PULSE

Status: Uptrend Under Pressure

Highlights:

Three up days, two down days

Weekly Market Review

On Monday, the benchmark indices started the week on a bullish note. However, it lost its momentum midway and starting consolidating amidst mixed global cues and inflation data released by the RBI. The unending woes from the Korean peninsula acted as a resistance for the equity indices as the Nifty traded flat today. However, overall, both the Nifty and the Sensex made up for the most of the losses incurred last week.   Continue reading “Weekly Big Picture – Nifty Stages a Comeback; Scales 10K”

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Daily Big Picture – Pharma Stocks Lifts Benchmark Indices Amidst Consolidation

MarketSmith India_William Oneil IndiaToday’s Action:

After starting high, the key indices lost most of their increments and ended the day with marginal gains. Broader indices outperformed the frontline indices.

Daily Market Review

After starting the day on a positive note, the benchmark indices lost their momentum and started consolidating amidst mixed global cues. Continue reading “Daily Big Picture – Pharma Stocks Lifts Benchmark Indices Amidst Consolidation”

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Daily Big Picture – Sell-Off In The Final Hour Weighs On The Market

dily-big-picture-MarketSmith_IndiaToday’s Action:

Equity indices extended their gains during the day, however, as the day progressed the Sensex ended flat, while the Nifty lost 0.14%.

Daily Market Review

Benchmark Indices started the day positively, but both the indices lost most of the day’s profit in the last hour of the trade. Broader indices also lost most of the gains it had accumulated in the last two trading sessions. Continue reading “Daily Big Picture – Sell-Off In The Final Hour Weighs On The Market”

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Daily Big Picture – Sensex crosses the mount 32k, Nifty inches towards the 10,100 mark

MarketSmith India_William Oneil IndiaToday’s Action:

Benchmark Indices tracked positive cues from its global peers and extended their gains in today’s trading session. Broader and sectoral indices followed the frontline indices.

Daily Market Review

After crossing the 10K mark yesterday, the benchmark indices extended their gains during the last hour of the trading session. The Sensex gained almost 276 points today to cross the 32k mount, while the Nifty made a move towards the 10,100 mark. This up move in the indices could be attributed to the positive global cues. Continue reading “Daily Big Picture – Sensex crosses the mount 32k, Nifty inches towards the 10,100 mark”