Nifty Nifty all the way…
The markets consolidated for the second straight session with the Sensex closing just short of the 17,000 mark, up 22 points at 16,994. The Nifty gained eight points today, to close at 5,088. For the week, the Sensex gained 3.5%. The broader markets have outperformed for most of this week, with the Midcap Index up [...]
Experts see rally post consolidation, advise stocks
The markets, on Wedneday witnessed another day of consolidation. While it latched onto the 4,800 mark, it turned out to be a flat day in low volume trade. Sectorally, it was a tug-of-war in the oil and gas space. Metals too continued their upmove from yesterday, while power and realty lagged. The broader indices too [...]
Sensex, Nifty strike fresh 15-month high in opening trade; breadth strong
Key benchmark indices opened on a firm note, extending two-day
strong gains, on firm Asian equities. The BSE 30-share Sensex was
up 73.13 points or 0.46%. Both the barometer indices – the BSE
Sensex and S&P CNX Nifty struck their highest level in more than
15-months.
The market breadth, indicating overall health of the market, was
strong. TCS gained around 3%, [...]