Today’s Action
Nifty, -0.07%; Sensex, +0.02%; Nifty Midcap, -0.7%; Nifty Smallcap, -0.9%; Model Portfolio, -0.2%.
Daily Market Review
Market Status: Confirmed Uptrend Continue reading “Daily Big Picture : Nifty Closes Marginally Lower; Coal India’s November Production Declines 3.9%”
Today’s Action
Nifty, +0.4%; Sensex, +0.4%; Model Portfolio, +0.2%; Nifty Midcap, +0.05%; Smallcap, -0.5%.
Daily Market Review
Market Status: Confirmed Uptrend Continue reading “Daily Big Picture : Nifty Gains Led by IT and FMCG Stocks; L&T Bags Large Orders Across Segments”
Today’s Action
Nifty, +1.4%; Sensex, +1.4%; Model Portfolio, +0.02%; Nifty Midcap, +1%; Smallcap, +0.3%.
Daily Market Review
Market Status: Confirmed Uptrend Continue reading “Daily Big Picture : Nifty at All-Time High; Auto, Consumption Stocks Lead Gains”
Today’s Action
Nifty, -1.0%; Sensex, -0.9%; Model Portfolio, -1.3%; Nifty Midcap, -0.7%; Smallcap, -0.9%; MSI IND47, -0.9%.
Daily Market Review
Market Status: Confirmed Uptrend Continue reading “Daily Big Picture : Nifty Extends Losses But Escapes Distribution Day; Bank of Baroda Hikes MCLR by 5bps”
“The market isn’t easy – it doesn’t wait until everyone is ready, prepared and certain.” – William J. O’Neil, MarketSmith Founder
MarketSmith India readers have heard or read the term “distribution” at MSI workshops, or inside the pages of the Weekly Big Picture.
It is synonymous with institutional selling, whether it is in an individual stock or a major stock index. Big downside moves in explosive volumes are the clearest signs of a distribution, a sign that mutual funds, hedge funds, banks, and insurance companies are unloading shares.
Continue reading “Distribution Days Come In Different Shapes and Sizes”
