Page 4 - Market Breadth News Today

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The Indian market continues to rise steadily defying data. Despite FII selling, the market continues to move and there is room to go further up

Several technical indicators signal an oversold market due for a bounce back that can last till Diwali. However, next week will be interesting as the market tries to test the recent low

Despite the weakness in the frontline market, the smaller stocks showed strength during the week. However, if the frontline stocks continue to fall going forward, smaller stocks can witness some correction.

"The average stock has already broken down technically... the signals are weaker and suggest key tactical support is vulnerable," Mike Wilson said.

Based strictly on the performance of the big three major averages—the S&P 500, Dow Jones and NASDAQ—which are all up at least 1.4% through the first 16 days of [...]

If the market rises, the exiting of positions can stall the rally. Next week, markets could consolidate as every rise would be met with selling pressure

The September quarter earnings will kick off next week, the data so far paints a bullish picture of the economy. However, the gloom in the US continues and the Israel-Palestine war could further destabilise the global economy

In a tumultuous day for Wall Street, a widespread sell-off sent shockwaves through the financial landscape as U.S. stocks faced the brunt of a dangerous surge in Treasury yields.