Tuesday, May 17, 2022
Dec 30, 2021 PTI Till December 29 this year, the Sensex has gained 10,055.16 points or 21.05 per cent and the index climbed to its all-time high of 62,245.43 points on October 19.
Dec 23, 2021 PTI The 30-share BSE benchmark Sensex jumped 384.72 points or 0.68 per cent to close at 57,315.28 on Thursday. During the day, it gained 559.96 points to 57,490.52.
Nifty 50 surged 156 points and closed at 16,770 levels whereas BSE Sensex appreciated 497 points and closed at 56,319 levels. The current market pattern displays a weak upside bounce in the market.
Dec 21, 2021 Outlook Business Team NSE Nifty fell 371 points and closed at 16,614 levels whereas BSE Sensex crashed 1189 points and closed at 55,822 levels. The current market pattern indicates a display of sharp downside momentum.
NSE Nifty ended 263 points lower at 16,985 whereas BSE Sensex closed 889 points down at 57,011 levels on Friday. The current market pattern indicates a sharp downward reversal.
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In the last more than a year, the stock market has seen several ups and downs in the face of the coronavirus pandemic that froze the global economy for some time.
Nifty futures on the Singapore Exchange traded only 1.5 points, or 0.01 per cent higher at 17,334.50, signaling that Dalal Street was headed for a flat start on Wednesday.
BSE Sensex rose 1.76 per cent or 1,016.03 points to close at 58,649.68 points on Wednesday. The NSE Nifty too closed 1.71 per cent or 293.05 points higher at 17,469.75.
Indian stock market continued with a sharp decline on Monday and closed in negative territory. Nifty 50 dipped 284 points and closed at 16,912 levels whereas BSE Sensex nosedived 949 points and closed at 556,747 levels.
Markets are likely to be choppy on Monday, with SGX Nifty trends suggesting a soft opening for Indian benchmark indices. Investors are expected to be cautious ahead of RBI's monetary policy statement.
According to market experts, this trade pattern indicates a formation of a pullback rally or a downtrend. This pullback is expected to be short-lived and the weakness could emerge again.
NSE Nifty lost 70 points and closed at 16,983 levels whereas BSE Sensex shed 195 points and closed at 57,064 levels. According to market experts, the current market pattern shows sell-on-rise type action.
The BSE Sensex climbed 153.43 points to 57,260.58, while the Nifty50 was up 27.50 points at 17,054 and formed a Long Legged-Doji kind of pattern on the daily charts.
The Nifty futures were trading higher around 17,085 level on the Singaporean Exchange at 7:30 IST. Asian markets are trading lower, while US markets ended on a weak note.
On Wednesday, the stock market sustained with decent upside move on the Thursday session. NSE Nifty closed 121 points higher at 17,536 levels, BSE Sensex shot up 454 points and closed at 58,795 levels.
NSE Nifty slide 88 points and closed at 17,415 levels whereas BSE Sensex shed 323 points and closed at 58,340 levels. According to stock market experts, this pattern signals a weak upside bounce in the market.
The market ended lower on Tuesday dragged by the banking, metals, pharma and oil and gas stocks, while buying in the auto and IT names limited the losses.
The BSE Sensex rose 32.02 points to 60,718.71, while the Nifty50 was up 6.70 points at 18,109.50 and formed a bearish candle on the daily charts.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.
PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.
PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.
PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.
PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.
PTI Photo/ Shahbaz Khan
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