There was plenty of action in Diwali week and the market rose significantly. In the short three day week the BSESENSEX gained 678.60 points or 2.60% while the NIFTY gained 316.20 points or 2.78%. The broader indices gained similar. Diwali Muhurat trading for Samvat 2071 began on an auspicious note and the SENSEX gained 63.82 […]
Posts Tagged ‘Market’
Random thoughts on the market
June 30th, 2014
Comments Off on Random thoughts on the market
The benchmark indices ended virtually flat but the broad market gained. The BSEHEALTHCARE which has been under pressure for some time now made a new lifetime high. Stocks like Lupin and Sun Pharma made lifetime highs as well. The market is maturing and there is a certain amount of sector rotation happening. ITC was the […]
Stray thoughts on the Market
May 13th, 2013
Comments Off on Stray thoughts on the Market
The benchmark indices have gained 10% in the last four weeks and are now at levels last seen at Diwali or October-November 2010. This was the euphoria around the listing of Coal India. There is complete lack of participation in the market place and retail and HNI investors are just not interested in the market. […]