Daily Big Picture – Stock Indexes Gallop to New Highs
Today’s Action:
The key indices opened higher today and extended their gains, both the indices made all time highs and registered their highest closing levels ever.
Daily Market Review
The benchmark indices continue its winning streak after both the Nifty and the Sensex made an all-time high today. The Nifty is close to the 10K peak due to the positive earnings quarter. Continue reading “Daily Big Picture – Stock Indexes Gallop to New Highs”
Weekly Big Picture – Benchmark Indices Eke Out Gains; ITC Derails Nifty’s Journey to 10K
MARKET PULSE
Status: Confirmed Uptrend
Highlights:
Three up days, two down days
Weekly Market Review
The Indian market started on a positive note on Monday, as the market continued its momentum from last week. The benchmark indices scaled new all-time highs, and also registered fresh closing highs on Monday. On Tuesday, the key indices fell, as the market heavyweight ITC dropped more than 12%, after the GST council decided to increase the cess on cigarettes. After Tuesday, the market has witnessed a fight between the bulls and the bears, as the market seesawed between gains and losses on the remaining days of the week. Finally, by the close of the week, the key indices are within touching distance of their record highs registered on Monday. Continue reading “Weekly Big Picture – Benchmark Indices Eke Out Gains; ITC Derails Nifty’s Journey to 10K”