The market hit fresh 7-month high intraday Friday with the Sensex reclaiming 27000 and Nifty 8250 levels. However, profit booking in the last couple of hours of trade dragged the benchmarks as well as broader markets to end flat despite positive global cues.
The 30-share BSE Sensex declined 0.11 points to 26843.03 while the 50-share NSE Nifty rose 1.85 points to 8220.80. The market breadth was also weak as about 1521 shares declined against 1092 advancing shares on Bombay Stock Exchange. The market volatility may continue for some more time after hitting multi-month highs, as investors are eagerly waiting for key events – RBI policy meeting on June 7, Fed meeting on June 14-15 and the referendum in Britain.
Here are some picks from the week gone by.
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So far we have informed our readers on how StockArchitect brings to you the views of analysts. Not only do we bring to you the views of analysts, we also capture and bring to you the views of top anchors. In short, we have readied for your reference the views of the people who matter. After all, our mission is to help you make informed decisions.
Here are the views of some of the people from the week that went by.
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Another week goes by and we are now in the final week of the financial year. While we all know we don’t always pick winners, we make our sincere attempt not to lose our hard-earned money. We hope the year has been as fruitful for all investors as it has been with us here at StockArchitect. Here are some of the picks from the week that just went by.
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