Monday 8 October 2018

Nifty Weekly View


It was another freaky session for the market as bears retained control over Dalal Street. The Monetary Policy Committee's surprise move to hold policy rates spooked stocks and currency alike.Weak global cues also hit investor sentiment.  Index heavyweights like Reliance Industries, HDFC, ITC etc, considered most defensive plays for the market, also saw capitulation.

Weekly Chart




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