SGX Nifty Indicates Muted Opening; Maruti Records Increased Production in November
Market status: Confirmed Uptrend Distribution Day: Two Global stock markets: Dow30, +0.8%; S&P500, +0.9%; Nasdaq, +0.7%; Nikkei, -0.3%; Kospi, -0.6%; Hang Seng, -1.5% Nifty closed in positive terr... Market status: Confirmed Uptrend Distribution Day: Two Global stock markets: Dow30, +0.8%; S&P500, +0.9%; Nasdaq, +0.7%; Nikkei, -0.3%; Kospi, -0.6%; Hang Seng, -1.5% Nifty closed in positive territory on all four sessions of the last week. It made a new high on Friday and closed in the top quartile of the day’s range. Friday’s gain was led by Nifty Bank (+2%). Also, Nifty Metal (+1.2%), Pharma (+1.2%), and FMCG (+1.4%) pushed Nifty higher. Nifty Midcap and Smallcap indices took a breather and underperformed the benchmark indices. Nifty is trading 3.5% and 9.5% above its 21- and 50-DMA, respectively. On the sectoral front, Nifty PSU Bank, Realty, and Metal closed 8–9% higher for the week. Nifty Auto, Energy, and Pharma closed 4–5% higher, while Nifty IT and FMCG also gained 2.5% and 2.0%, respectively. We maintain a positive view of the overall market as indices trend into new highs with low distribution day count. Further, leadership remains widespread across multiple sectors. We continue to recommend a selective approach to increasing risk. Focus on high-quality ideas emerging from sound bases with an RS line at or near a new high. After a strong rally, pullback/consolidation (if any) is a constructive sign if Nifty holds its short-term moving averages. On the flip side, tracking distribution days is crucial. Accumulation of distribution days can be a sign of market top and halt the uptrend. Key News India imported 117MT coal during April-October this fiscal, a decline of 19% from the corresponding period last year.. Nhpc said it will commission the 2,000MW Subansiri hydropower project by March 2022. The project has been facing hurdles due to intense protests in Assam. Maruti Suzuki India production for November increased 5.9% y/y to 1,50,221 units. O’Neil Market Condition Report For the 24 emerging markets tracked by our institutional research team, the market status breakdown is as follows: Confirmed Uptrend, 92%; Rally Attempt, 0%; Uptrend Under Pressure, 8%; Dowtrend, 0%. For the 24 developed markets tracked by our institutional research team, the market status breakdown is as follows: Confirmed Uptrend, 92%; Rally Attempt, 0%; Uptrend Under Pressure, 8%; Downtrend, 0%. Buy watchlist: Heidelbergcement India, Polyplex, Subros, Berger Paints India, Polycab India, Balaji Amines Limited, Icici Lombard General Ins Co, Balrampur Chini Mls(Nse), Coromandel International, Tata Consumer Products, and Whirlpool Of India (Nse) Check out MarketSmith India for more. Source: Free Articles from ArticlesFactory.com One stop solution for all your Stock Market needs. Get stock market ideas and stock predictions all at one place. A proprietary tool by William O'Neil India following CANSLIM method of investing..
Top blog stories
A review of Idmobile.com
Idmobile.com offers both pay-as-you-go and contract plans. Pay-as-you-go plans are ideal for customers who don't want to be tied down to a long-term contract, and they can purchase bundles of data, minutes, and texts as and when they need them.
Idmobile.com offers both pay-as-you-go and contract plans. Pay-as-you-go plans are ideal for customers who don't want to be tied down to a long-term contract, and they can purchase bundles of data, minutes, and texts as and when they need them.
AO.co is a trusted expert in TVs, washing machines, clothes dryers and other household appliances. AO.com is one of the largest retailers in the UK and it specializes in electronics, clothes and home furniture.
At Three, we believe phones are good. They just make life better. Easier. And more fun. But
we all need to find a balance that works for us. Our mission is to help our customers use
their phones to live their best lives.
We make your life easier
Since 1992, we’ve been helping customers get the best deal on their dream phone. We firmly believe in giving you the highest quality, for the lowest price. That’s why we work with three of the UK’s leading networks to do all the haggling for you,...
At Halfords, we're all about the journey. With more than 700 stores with over 10,000 colleagues, we're the UK's leading retailer of automotive and cycling products. We are also the leading operator in MOT, tyres, car servicing and car repairs - pleasing more than 750,000 customers every year.
It's important to us that everyone gets great customer service and can enjoy our products, no matter their level of sight. So, if you're blind, partially sighted or struggle to see or read the screen, we’ve a range of features to help you get the most from our products and...
Look iconic, without the hassle— using Nasty Gal discount codes, you can shop your favorite pieces for way less by simply entering one of our promotional codes (of your choice) at the checkout. From delivery offers, to promo deals, we keep ‘em coming, so you always have the offer you...
The Covid-19 has caused the school and universities to shut down around the world creating a major issue in Learning and Education. As this virus spreads through the interaction and if social distanci... The Covid-19 has caused the school and universities to shut down around the world creating a major...
Why its Important to Manage Your Holiday Calendars?
A printable calendar 2021 is a prominent online platform where you download printable calendars of your choice. These calendars can be customized as per our client requirement with photo, text, logo, or any other image. If you are thinking of planning a dream vacation tour with family and kids but...
Make in India marketing campaign released via Prime Minister Narendra Modi in September 2014. It is an initiative to make India’s name on the top business investors list all over the globe. It is a large opportunity for all the traders to create their enterprise in any field anywhere inside...
The Swachh Bharat Mission Program is an initiative of the national government and is coordinated with the aid of the MDWS. However, responsibility for its implementation is with the state and rural local governments. The Swachh Bharat Mission Program is an initiative of the national government and is coordinated with...
The government of India introduces many programs to enhance the lifestyles and living requirements of the Indians. Pradhan Mantri Kaushal Vikas Yojna (PMKVY) is one of the Applications the Government of India The government of India introduces many programs to enhance the lifestyles and living requirements of the Indians. Pradhan...
Digital India is an ambitious challenge for the Government of India to digitally empowered inside the area of the era. This task was launched on 1 July 2015 by means of Shri. Narendra Modi. Digital India is an ambitious challenge for the Government of India to digitally empowered inside the...
DigiLocker gives a committed private storage space, linked to each resident’s Aadhaar number. DigiLocker may be used to soundly save e-files as well as keep Uniform Resource Identifier (URI) hyperlink of e-files issued by using diverse company departments. The e-Sign facility provided as a part of the DigiLocker machine can...
Liberals Latest Politics news are checking out regulations in which drive tech giants like Facebook and Google to share promotion dollars with community media to Restrict the spread of coronavirus. ‘It was so thick’: B.C. girl’s huge spider Image horrifies, but professionals say to not fear 4075 Read One of...
The interim price range has introduced much good news for the loads and for folkss who belong to the weaker sections of the society along with folks that really want welfare schemes. One such welfare scheme commenced through the contemporary government is Atal Pension Yojana. Atal Pension Yojana is top-notch...
In current scenario ,US -China relations have become worse than even before.This article is analysis of trade sanctions between US -China,Covid -19 effect on US and upcoming presidential election in US. The Trump administration and the Chinese government are going head to head over the Coronavirus. Xi Jinping and Donald...
Hunter S. Thompson made a life's work from pursuing the American dream. Read on as we explore a handful of his greatest adventures. From politics to literature, to getting lost in the wilds of Las Vegas, nobody has used their allotted time on the planet quite like Hunter S. Thompson. ...
The Standard of living is the level of material goods, wealth, necessities, and comfort available to a particular socioeconomic group, mostly a nation. It includes factors like poverty rate, income, employment availability, and quality, Gross Domestic Product, political and economic stability, national economic growth, house affordability and quality, the expectancy...
Search topic
Standard of Living Essay
The Standard of living is the level of material goods, wealth, necessities, and comfort available to a particular socioeconomic group, mostly a nation. It includes factors like poverty rate, income, employment availability, and quality, Gross Domestic Product, political and economic stability, national economic growth, house affordability and quality, the expectancy...