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”

Weekly Big Picture – Market Overcomes Geopolitical Hurdles to Post Good Gains

 

MarketSmith India _ Weekly Big Picture.MARKET PULSE

Status: Uptrend Under Pressure

Highlights:

Four up days, one down day

Weekly Market Review

The benchmark indices showed strong resilience this week despite heated geopolitical tensions. The Sensex and the Nifty built on last week’s gains to inch closer towards their all-time highs. Continue reading “Weekly Big Picture – Market Overcomes Geopolitical Hurdles to Post Good Gains”