Bulls vs Bears: Here's what to expect on Dalal Street today
Sensex ended 153 points lower at 52,693 and Nifty fell 75 points to 15,699 in the second trading session of this week.
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Sensex ended 153 points lower at 52,693 and Nifty fell 75 points to 15,699 in the second trading session of this week.
Broader indices BSE Midcap and BSE Smallcap have gained 18 per cent and 35 per cent, respectively, since April 1 last year.
Markets in the week gone by saw gains but surrendered all of it to end in negative territory. They gained on three days and lost on two. In what makes an interesting read, they lost on the first day of the week and the last day of the week.
The majority of portfolio managers for high net-worth investors managed to deliver a solid return to investors in 2021 when the benchmark equity index BSE Sensex gained 22 per cent.
Majority of analysts on Dalal Street retained their bullish view on the domestic equity market for the New Year, citing expectations of strong growth in corporate earnings over the next few years.