- FO weekly roundup |Positive trend prevails with bullish signals in IT, banks, metals, cement
The Nifty closed at yet another high, up 3 percent for the week. Data suggests buying-on-dips strategy until Nifty holds 20,700 and Bank Nifty 46,400
- Trade setup for Monday: 15 things to know before opening bell
Based on the OI percentage, 75 stocks saw long unwinding, including Balrampur Chini Mills, National Aluminium Company, Delta Corp, SAIL, and Container Corporation of India.
- Dalal Street Week Ahead | India US inflation, Fed meet among 10 key factors to watch
In the coming week, after consistent run up in past six weeks, the market is expected to see a rangebound trade and consolidation, with major focus on the Fed meet outcome and the Powell commentary.
- 58 smallcaps give double digit gains as broader indices hit fresh highs
In this week, Foreign Institutional Investors (FIIs) extended their support, as they bought equities worth Rs 9,285.11 crore, while Domestic Institutional Investors (DIIs) bought equities worth Rs 4326.47 crore.
- Market achieves new milestones on robust GDP data, inline RBI policy
Indian rupee touched fresh record low of 83.58 against the US dollar during the week. However, domestic currency lost 10 paise to close at 83.39 in the week ended December 8 versus December 1 closing of 83.29.