The markets traded largely within a certain range last week and ended slightly negative. After testing a high of 26097.85, the Nifty failed to maintain its gains and had to cut back, ending the week slightly lower. The Index fluctuated within a narrow range of 386.65 points during the week. India’s VIX rose 4.85% to […]
Markets traded markedly upwards last week, ending on a strong positive note. Nifty continued to rise and posted gains for the third week in a row. It fluctuated within a wider intraweek range of 720.95 points while trading between 25,060.55 and 25,781.50. But even as the overall index gained ground, market breadth remained relatively weak […]
Defense shares can be tiring after a strong indictment, but PSU banks are still marching ahead, says Anand James of Geojit Investments. Together they have driven the outperformance of the wider market, so that traders wonder: is this only the opening act or the peak of the rally? Edited fragments from a chat with the […]