August

Review & Preview @4PM —— Tuesday, August 6th 2024 Nifty falters after a good start. The unwinding of long positions at Dalal Street is not showing any signs of fatigue. Nifty ends below 24000, Sensex below 79000 and Bank Nifty below 50000. NIFTY (-63, 23993) Sensex (-166, 78593) Bank Nifty (-344, 49748) # Sentimental Overview: […]

In the week gone by, Nifty snapped its eight-week winning stretch and most importantly, ended Friday’s session on a dreadful note. The big question, after the sharp sell-off from the magical Nifty 25000 mark: Does Friday’s panic at Dalal Street indicate a beginning of the end? The negative catalysts on the horizon: Stay tuned… DISCLAIMER

The two silver-linings:

July 29th July to August 2nd 2024. Nifty snaps its eight-week winning stretch and most importantly, ends on a dreadful note. The long and short of the week’s trading was that the Nifty did surge past its attention-grabbing 25000 record high — but the street seemed concerned amidst overbought technical conditions. Nifty (-0.47%, 24718)Sensex (-0.43%,