Earnings Will Act as A Weathercock

Weekly Market Recap Markets Rebound sharply after last week's pullback just before the earnings season kicked off and attained its highest ever closing on a daily and weekly basis. Though it was quite a volatile week with sharp pullbacks during the middle of the week,...

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Indices Off its Highs

Weekly Market Recap Finally, the market broke the eight-week winning streak and corrected sharply from its high which has relieved over-bought conditions to some extent. Indices opened slightly higher from last week's closing and then persistently drifted lower till...

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Upside Momentum Regained After a Sharp Plunge

Weekly Market Recap Well, it was a roller coaster ride for the market this week. In the continuation of last Friday's sudden plunge, indices started off the week with the weakness but soon regained the upside momentum and claimed a new all-time high. This has been the...

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Seasonal Stress Spark Further Rally

Weekly Market Recap In my last weekly note, I expected, pull back on NIFTY at least of some magnitude as it has deviated unprecedented higher from its moving averages, but NIFTY took a different path and continued to rally higher even more ostentatiously. However, the...

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Just A Pause Or Something More?

Weekly Market Recap It was quite the undecisive week for the market as NIFTY remained hovered in a narrow range, though the week started off with some weakness yet bulls managed to hold the last week solid gain, in fact, closed this week marginally higher than last...

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