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The indicator is used to determine trend direction and potential reversals. The time frame is key to this method; wider the time-frame, better and more accurate the prediction. ....
Stock market weekly roundup: Sensex gains 1.2% as auto, banking stocks aid rally freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Stock market weekly roundup: After a splendid rally, investors trade with caution on tepid global cues freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Key benchmark indices rebound after a sluggish start as strong global cues aid recovery The benchmark index showed further correction initially in the first two trading sessions and made a low at 15,578.55. Post-that, a bull came into action, and further recovery in the index was witnessed. It recovered more than 250 points from the weekly low and settled at 15,850.40 levels on the Friday session while Bank Nifty ended the week at 35,034.40 levels. Sectoral indices like Nifty Auto, PSU Bank and Media were the top weekly laggards, whereas Nifty IT and FMCG were the prime gainers on a weekly basis. Despite that volatile momentum, a few stocks like Bharti Airtel, Ultra Cements, Wipro, and Asian Paints were the weekly gainers. IndusInd Bank, HDFC Bank and Tata Motors were the top laggards for a week. ....