We had mentioned in last week’s closing report that Nifty, Sensex may move in a narrow range. The major indices suffered a correction this week. The trends of the major indices in the course of the week’s trading was:
On Monday, the major indices ended with minor gains....
INDIAN MARKET TRENDS
For the period from 16 August 2019 to 22 August 2019, the Sensex fell 2%. The NIFTY and ML Mega-cap Index fell 3% each. ML Large-cap Index fell 4%. ML Mid-cap Index fell 6% while both, ML Micro-cap Index and ML Small-cap Index, fell 7%.
The Indian stock market has been on a relentless slide since the euphoric high it made after Narendra Modi managed to lead the Bharatiya Janata Party (BJP) to power with a huge majority once again in May 2019. From over 40,200 it hit in early June, the Sensex was at 36,500 at the time of...
Reserve Bank of India's August policy meet had quite a few 'unconventional' takeaways. It will surely be recalled for the 35 basis point rate cut and 'floccinaucinihilipilification' (no spelling error!).
The rare term came from the external Monetary Policy Committee (MPC) member...
We had mentioned in Wednesday’s closing report that Nifty, Sensex have turned weak. The major indices suffered a huge decline today. On the NSE, there were 368 advances, 1,433 declines and 302 unchanged. The trends of the Indian stock markets in the course of Thursday’s trading are given in...
