Incandescent Performance, Indices Rising Effulgently

Incandescent Performance, Indices Rising Effulgently

Weekly Market Recap Last week I wrote about the inflection point as there had been a divergence between market breadth and the prices which seems to have resolved to some extent this week and moving higher with the price. That’s one of the points about such...
Indices At an Important Inflection Point

Indices At an Important Inflection Point

Weekly Market Recap Finally, we saw a pause after three consecutive weeks of the solid rally. NIFTY rosed lopsided and precipitously 700 points after the breakout occurred above 15900. The week started off higher but closed at the lower end of the range. Moreover,...
Risk-On, Indices Zoom to New Peak

Risk-On, Indices Zoom to New Peak

Weekly Market Recap The rally continued in the second week as investors remained in a risk-on mode that helped major indices to zoom to a fresh peak. Technology stocks remained buoyant and witnessed robust buying followed by recovery in big financial stocks, while...
Bulls Resurgent, Indices Reaches to All-Time High

Bulls Resurgent, Indices Reaches to All-Time High

Weekly Market Recap In contrast to doldrum last two weeks, the bulls resurrected with a vengeance this week and drive the market to new all-time high. The conditions which appeared to be deteriorated until last week changed rapidly on Monday followed by decisive...
Still in a Range But Warning Appears

Still in a Range But Warning Appears

Weekly Market Recap NIFTY which has been in the 300 points range for about two months spent one more week in that range, but this week warning appeared as NIFTY second time penetrated below that range though it recovered quickly from the low to conclude the week in...