Markets
BSE See NSE See 37,734.08
-300.06 (-0.79%)

Weak global cues led SGX Nifty in red

Karan DSIJ / Article rating: 5.0

For the first time since March 5, Nifty closed above 11,200 level in the last trading session. Even the broader markets were cheering. As a result, market participants would be expecting the bulls to continue its northward journey! But as the sentiments reverses due to melancholy cues from the global markets, caution is likely to be the buzzword today.

Markets expect to witness muted start and remain volatile amid weekly expiry

Karan DSIJ / Article rating: 4.7

The bulls on Dalal Street seem exhausted in the last trading session and as result Indian markets halted its five-day bull run.  As bulls managed to recoup some of the losses in the last leg of trade, the correction was not too acute. But the signs of exhaustion were clearly visible. The Nifty faced its real resistance around 11,200-11,230 levels.

Optimism to linger on D-Street!

Karan DSIJ / Article rating: 4.8

Nifty closed above its psychological level of 11,000 in the last trading session for the first time since March 06, 2020. On valuation front, markets are trading at historical high PE of 28.86. However, due to strong global cues and buoyancy related to vaccine, the valuation factor has taken a back seat.

Bulls to witness Monday morning blues

Karan DSIJ / Article rating: 5.0

Sensex and Nifty reclaimed their important psychological level of 37,000 and 10,900 with a strong close on Friday. Post a solid close, market participants would expect the move to continue. However, the early trends in SGX Nifty suggests that bulls are likely to face Monday morning blues. Further, cues from Asian peers too are negative.

First45678910111213Last

DSIJ MINDSHARE

12345Last