In a disappointing session, Nifty slipped below its immediate key support and ended Wednesday’s session on a negative note. The market opened lower on the anticipated lines and stayed in the negative territory throughout the day. The opening level became the high point of the day, as the index spent the first half of the session trading with limited losses.
While Nifty failed to recover beyond a point, the market came under intense corrective pressure the second half of the session. It went on to test the day’s lowest point before finally ending the day with a net loss of 154 points, or 1.04 per cent.
5 Themes That Are Significantly Outperforming The Market So Far In 2021
Growth and tech leadership has given way to a rotation into previously beaten down cyclical sectors.
Author:
Mar 15, 2021
While there has been some choppiness along the way, the equity markets are mostly picking up right where they left off in 2020 - posting additional gains and setting new all-time highs.
The composition of the rally, however, looks quite a bit different. Last year was dominated mostly by large-cap tech and growth stocks. This year, economic recovery plays are leading the markets higher.
The big narrative is still the global economic recovery. To date, most every piece of data suggests that a slow, steady rebound is taking place. Jobs data is still a little weak and there are markets around the world that are still lagging in their recovery efforts, but at a 30,000 foot view, things are progressing nicely.
you can cancel that . how can you cancel it in brazil. neil: the market is stabilizing since this first erupted. a sign that the markets are past us? not really. all of the hot spots are down and table and low beta stocks and a flight to safety . saw gold and silver move and they are trenching. people are not heading for the hills but realrocated. neil: if you are watching at home. this is the brazilian president and they are not providing internerter . i don t speak portuguese. she is making a brief statement and will not take statements. she doesn t want to take questions. the president will make a statement and he might take questions . she said president obama no less than three times.