Nifty’s receives fresh drubbing…
November 21, 2024
*Review & Preview @4PM —— Thursday, November 21st 2024* NIFTY (-169, 23350) Sensex (-423, 77156) Bank Nifty (-254, 50373) Nifty’s gets fresh drubbing. The latest
The Good News: Nifty is holding above its 21 DMA and most importantly, bulls are aiming to erase early August market downfall.
Interestingly, the gains are despite FIIs pessimism. Please note, FIIs are on the sell side and have sold shares worth Rs 30,000 crores since the Union Budget.
Much of the strength and rally at Dalal Street is in the backdrop of steady SIP flows by retail investors. DIIs so far in August have net bought stocks worth Rs 31,650 crore. DIIs have reportedly invested Rs 2.92 lakh crore in Indian equities thus far.
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Nifty Bears all the way!
November 19, 2024
*Review & Preview @4PM —— Tuesday, November 19th 2024* NIFTY (+65, 23519) Sensex (+239, 77578) Bank Nifty (+263, 50627) Bears all the way! Nifty’s latest
Nifty ended lower for the 7th straight day and way below its 200 DMA (23565).
November 18, 2024
*Review & Preview @4PM —— Monday, November 18th 2024* NIFTY (-79, 23454) Sensex (-241, 77339) Bank Nifty (+184, 50364) Nifty continues to attract bears amidst