Yesterday Indian markets ended on a flat note due to lack of buying interest at current levels. Realty, auto and oil&gas led the gainers pack while healthcare, IT and FMCG lagged behind.Bombay Stock Exchange’s Sensex closed at 18445.73, up 6.08 points or 0.03 per cent. The 30-share index touched a low of 18303.80 and high of 18583.30 intraday.
BSE Midcap Index was up 0.60 per cent and BSE Smallcap Index moved 0.79 per cent higher. Indian Markets are following Global cues,So go with complete information on global markets before setting out for your next trade.he fact is that it is a trader’s market—maybe a day-trader’s market, since even short-term trends are lasting for not more than a few days and, therefore, are not really tradable. There is nothing in the market direction to indicate that we will have a major rally. Mid-cap stocks are still falling and small-cap stocks have absolutely no takers. Risk appetite has disappeared. Even a large number of blue-chip stocks are directionless. That is not the impression you get when you look at very large intraday moves of the Sensex and Bank Nifty. Such large intraday moves, without a net serial rise or decline, actually show that there is confusion in the minds of traders and investors, rather than anything purposefull.
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