Nifty-50
No clear trend emerging on Nifty
The market witnessed a sharp fall in the last hour of trade.
Market sentiments turning negative
It was a volatile day yet again with Sensex touching a high of 39,982.10 and then falling to a low of 39,623.53 in intra-day trading.
Negative trend may continue for some time
Sensex and Nifty-50 gained close to 0.2 per cent with BSE Bankex index up 0.61 per cent and IT index up 0.39 per cent.
Market climbing a wall of worry
Brokerages say the market should now focus on fundamentals after the recent political developments.
Edgy market realises folly
The Nifty-50 also dropped 209.80 points from the day’s high of 12039.25, but later recovered to close at 11,922.80.
Volatility may remain high in coming weeks
The broader markets were mixed with the BSE Mid-Cap index was down 0.65 per cent.
Volatility comes down, bullish trend remains
Among the Sensex constituents twenty stocks closed in the green while ten recorded fall.
Earnings and elections to drive market this week
The sudden spike in the India VIX, the Index that tracks volatility, signals limited upside, with a choppy market ahead.
Market moves into consolidation mode
The Sensex closed at 36,671.33 down53.99 points or 0.15 per cent.
A short covering rally is due
The advance decline ratio was in favour of gainers on BSE with 1685 scrip's gaining and 1009 scrip's losing while 156 closed unchanged.