Money Control
Broader indices outperformed the main indices with BSE Midcap index rose 2.2 percent and Smallcap index gained 3 percent
Analysts expect the Nifty to consolidate in 22,400-21,800 range, supported by largecaps
BSE Midcap and BSE Smallcap indices were up by 1.4 percent and 2.5 percent after having been beaten down on March 13 by nearly 5 percent each.
Analysts expect the market to remain turbulent over the next few days due to valuations concerns about small and midcap stocks
The biggest Nifty losers included Adani Enterprises, Coal India, Adani Ports, Power Grid Corporation and NTPC, while gainers were ITC, UltraTech Cemen
Though analysts attributed this correction as healthy, they expect the pain to stay in the near-term
The ITC block deal ruboff failed to clear the sentiment and markets are now sharply lower with the selloff in the broader market continuing for a thir
In the absence of any significant selling pressure, market experts observed bullish sentiment intact, which could take markets at new life-time highs
On the sectoral front, except IT all other indices ended in the red with realty index down nearly 3.5 percent, PSU Bank and Media indices down 2 perce
Going ahead, analysts see stage set for Nifty to head towards 23,000 as sectoral rotation plays out, favouring largecaps over small-and midcaps
Within broader markets, PSU stocks and the real estate pack is under selling pressure, while Tata group stocks are extending the fall in today#39;s se
Analysts expect time-wise profit-booking but say there is no reason to worry as long as the Nifty stays above 22,200
Analysts say the market will continue to scale new highs amid hopes of short covering in index futures by foreign and domestic investors
Indices extended losses weighed by financial services, IT, and automobile stocks. Iinvestors also turned cautious ahead of domestic and US inflation r
Profit-booking normal in a bullish market and there is no negative reversal for now, says Prashant Sawant of Catalyst Wealth
For the week, BSE Sensex and Nifty rose 0.5 percent each; the market will remain shut on March 8 on account of Mahashivratri
The Sensex and the Nifty 50 traded flat around noon after having opened at fresh all-time highs with Nifty 50 surpassing 22,500 for the first time.
With this bullish sentiment intact, market experts expect Nifty to continue its record run over the next few sessions
Top Nifty were Bajaj Auto, Kotak Mahindra Bank, Axis Bank, Bharti Airtel and SBI Life Insurance, while losers were Adani Enterprises, UltraTech Cement
With the bullish undertone intact, analysts believe that Nifty can soon march up to 22,700 in the next few sessions
