January 9 ,2021 WEEKLY TRENDSETTER Another week and another round of healthy gains for the market .The nature of the rally was interesting as heavyweights like RIL, HDFCBank ,Kotak Bank were witnessing profit-taking at higher levels .Metals were at their best form and IT was in fine fettle on the eve of TCS results . …
The markets are clearly in the grip of bulls and as we enter into 2021 there are more questions unanswered as bulls, bears, experts, optimists, doomsayers present their point of view in their “perceived “logic which can be convincing even to their detractors .Such is the power of markets as swings add wings to thoughts …
The flat nature of closing does not reveal anything about the volatility during the week.Monday was a real test to the bulls nerves as the index saw the first serious correction in weeks .However,in a matter of 3 days the entire correction was negated helped largely by the old dependables IT and pharma. BIG …
The markets continued on an extended Diwali mode and now looks to greet the New Year with some new milestones. The standout space was mid-caps and small caps where some strong resurgence was seen which brought cheer to the larger section of the market which was nursing the wounds of the meltdown since 2018. BIG …