Thursday Market Commentary By MarketMagnify

Indian equity benchmark indices started today session on flat note tracking negative global cues and after that trade in consolidate to bullish phase for most of the day and Nifty future closed at record high of 10659.75. ity and sideways movement from previous 2 days. For first time Nifty future manage to close above 10650 on 4th attempt, which is positive for the market but Bank Nifty future trades below its resistance level of 25800. Benchmark Indices closes on positive note as Sensex closed at 70.42 points up at 34503.49 and Nifty future closed at 22.70 points up at 10659.75. Market breath was positive as 848 shares gained while 728 shares losses in NSE and 63 shares remained unchanged. » Read more

Wednesday Stock Market Commentary

Wednesday Stock Market Commentary

Indian equity benchmark indices started today session on flat note tracking mixed global cues and continues its volatility and sideways movement from previous 2 days. Market was a bit tricky as there was not such a clear trend in Index from last 3 days as market continually trading sideways. But for traders whole world is situated outside index as we have seen mind blowing movement in Nifty IT, reality sector both ended the session with a gain of 2.24% and 1.26% and single brand retail companies as » Read more

Tuesday Market Commentary By MarketMagnify

Tuesday Market CommentaryIndian equity benchmark indices started today session on slightly positive note tracking positive global cues, Indices were trading in a sideways movement throughout the day. Nifty future was opened gap by 14 points and then traded in narrow range of 40 points throughout the day and closes range bound session at new closing high. Sensex was up 90.40 points at 34443.19 and Nifty future was up 15.50 points at 10646.90. The market breadth was negative on NSE after long time today as 754 shares advanced, against a decline of 1052 shares and 50 shares remained unchanged. » Read more

Commentary For Monday Market 8/1/2018

Indian equity benchmark indices started the week on very strong note tracking positive global cues, Market was opened gap and then traded in narrow range as neither bulls and bears want to give up, there were opportunities for both buyers and sellers and yet again indices closed on record high. Sensex was up 198.94 points at 34352.79 and Nifty future was up 58.20 points at 10631.40. The market breadth was positive on NSE today as 1104 shares advanced, against a decline of 726 shares and 51 shares remained unchanged. » Read more

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