Page 2 - Smallcap Indices News Today

View on Market Performance for March 8, 2023 - By Mr. Devarsh Vakil - Deputy Head Retail Research, HDFC Securities.

Dalal Street Week Ahead: Don’t take a breakout for granted; stick to steady stocks and sectors SECTIONS Dalal Street Week Ahead: Don’t take a breakout for granted; stick to steady stocks and sectorsBy Share Synopsis The week saw Nifty move in a trading range of 317 points, oscillating in a zone that was similar to the trading ranges seen over the past few weeks. Broadly speaking, the index spent the week consolidating as it awaited a clean and clear breakout. Getty Images The Nifty Realty ...

In a technically important week, the equity market pulled up from the lows hit in the previous two weeks. Nifty saw a narrower trading range than the week before. The index oscillated in a 446-point range over the past five session and kept on trending on the upside. Except for some intermittent hiccups, the market broadly edged higher. While continuing to stay within the Falling Channel and following a relatively quiet and less volatile week, the headline index ended with a net gain of 192 poi...

Domestic equities continued to relatively underperform their global peers in the last four sessions, and ended the week on a modestly negative note. The week gone by was a truncated one, as Wednesday was a trading holiday. Nifty had a similarly wide trading range, as it oscillated in a range of 500-odd points before closing on a negative note. The first day of the week was saw the market close deep in the red; while the subsequent three sessions saw Nifty stage a pullback rally. Following such ...

Dalal Street week ahead: Commodities, metals, select midcaps look well poised SECTIONS Share Synopsis The coming week will be a truncated one, with Wednesday being a trading holiday on account of Dr Babasaheb Ambedkar Jayanti. Given the current technical setup, Nifty continues to walk the double-edged sword just like the week before his one. Getty Images Related Moving in a trading range that was wider than the previous week, Indian equities did not make any directional headway over the past fi...