After giving up most of the dramatic gains of 20th and 23rd September, the indices have climbed back. Indeed, they have moved almost above the highs of those two days. Optimism is building up—with various domestic and international issues getting resolved—the market has no reason to move...
We had mentioned in last week’s closing report that Nifty, Sensex were Trending Up. The major indices ended with major gains. The trends of the major indices in the course of the week’s trading was:
On Monday, The major indices ended with minor gains. On the NSE, there...
INDIAN MARKET TRENDS
For the period from 11 October 2019 to 17 October 2019, ML Mega-cap Index rose 3% while the NIFTY and the Sensex rose 2% each. ML Large-cap Index and ML Mid-cap Index rose 1% each, while ML Small-cap Index ended flat. ML Micro-cap Index fell 2%.
In September 2019, Axis Bank and ICICI Lombard General Insurance were the most preferred stocks of Indian mutual funds. The net purchases of Axis Bank were Rs2,856 crore. Maruti Suzuki and Sun Pharmaceuticals were the most sold stocks. The net sales of Maruti Suzuki were Rs1,539 crore and net...
The long economic slowdown is having a serious impact on the capital goods sector. However, a slowdown also throws up companies that show the capacity to suffer pain. These are the ones that do better when the capital expenditure cycle turns up. Is Techno Electric & Engineering Company...
