Market Pulse
Weekly Action
Nifty, -3.7%; Sensex, -3.9%; Nifty Midcap, -2.5%; Nifty Smallcap, -3.1%; and Model Portfolio, -2.9%. Continue reading “Weekly Big Picture : Nifty Slides 3.7% this Week; SBI Asset Quality Improves”
Market Pulse
Weekly Action
Nifty, -3.7%; Sensex, -3.9%; Nifty Midcap, -2.5%; Nifty Smallcap, -3.1%; and Model Portfolio, -2.9%. Continue reading “Weekly Big Picture : Nifty Slides 3.7% this Week; SBI Asset Quality Improves”
MARKET PULSE:
Status: Confirmed Uptrend
Highlights:
Two up days, one down day
Weekly Market Review:
This equity benchmark started the holiday truncated week on Monday with heavy gains, as both the indices made fresh highs. However, after gaining a bullish momentum, the indices started consolidating; therefore, on tuesday the Nifty ended almost flat while the Sensex ended in red.
Today, the Nifty observed some heavy distribution as it gained one distribution day, while the Sensex also posted a loss of almost 25 points.
Continue reading “Weekly Big Picture – Bulls Lead The Market Back to Rally”
MARKET PULSE
Status: Confirmed Uptrend
Highlights:
Two up days, three down days
Weekly Market Review
The Benchmark indices came under the grip of bears to post sharp losses this week. The key U.S. Federal reserve meeting and political uncertainties in Europe added to the woes of the Indian market.
Status: Confirmed Uptrend
Current Outlook:
Continue reading “Negative Global Cues Weigh Down Benchmark Indices”