Daily Big Picture – Sensex Notches up 32K in its Record-breaking Streak; Nifty Strides Towards 9,900 Mark

MarketSmith India_William Oneil IndiaToday’s Action:

The key indices continue their winning streak with significant gains, for a fourth straight session. Broader markets underperform frontline composites.

Daily Market Review

In today’s trading session, the benchmark indices recorded new all-time highs, yet again. The Sensex and the Nifty started significantly higher and build on the gains as the session progressed. The Sensex claimed 32,000 mark for the first time, while the Nifty inched closer to the 9,900 mark. Continue reading “Daily Big Picture – Sensex Notches up 32K in its Record-breaking Streak; Nifty Strides Towards 9,900 Mark”

Daily Big Picture – Key Indices Mark Fresh Closing High for Third consecutive session; Broader Indices Rebound Sharply

MarketSmith India_William Oneil IndiaToday’s Action:

The key indices continue their winning streak with significant gains. Broader markets outperform frontline composites.

Daily Market Review

The frontline indices recorded new closing all-time highs for the third consecutive session, today. After opening significantly higher, the indices witnessed choppy movement for most of today’s trading. However, the key index clung on to the gains and closed near the day’s high.  Continue reading “Daily Big Picture – Key Indices Mark Fresh Closing High for Third consecutive session; Broader Indices Rebound Sharply”

Daily Big Picture – Benchmark Indices Scale Fresh All-time Highs; Tech Glitch on NSE Results in a Truncated Session

MarketSmith India_William Oneil IndiaToday’s Action:
The key indices extend gains from last week to achieve fresh all-time highs. Broader indices follow suit.

Daily Market Review
The headline indices recorded fresh all-time highs in today’s session, despite the NSE facing technical issues during the first half of the session. The NSE reported a technical glitch that disabled trading in both cash and F&O segments for a few hours. Soon after the session resumed, the Nifty gathered momentum to record a fresh all-time high, similar to the Sensex.

Continue reading “Daily Big Picture – Benchmark Indices Scale Fresh All-time Highs; Tech Glitch on NSE Results in a Truncated Session”