It seemed odd that on the same day Businessday held its annual capital markets conference, the market saw its second biggest point loss for the year at -496.45, It could be that with DG SEC, DG NSE and major players in the market occupied by the conference, the bears felt confident to make a reappearance. Next week’s market direction will give us an idea of whether this hypothesis has credence or not.
The NSE-ASI closed at 26,181.18 -1.72% (-0.17% in the previous week). Volume for the week was a cumulative 1.966 billion shares (1.297 billion shares in the previous week), this is the first volume reversal in many weeks.
The NSE-ASI closed at 26,181.18 -1.72% (-0.17% in the previous week). Volume for the week was a cumulative 1.966 billion shares (1.297 billion shares in the previous week), this is the first volume reversal in many weeks.
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