Synopsis
As investors, it is best to ignore what is happening to the Nifty and Sensex… especially on the day of expiry of the monthly contracts in the derivative segment. Index movement is impacted on that day by unwinding and rollover of positions. So, today, don’t look at the indices because they are going to move for reasons that have nothing to do with anything fundamental. Keep an eye on market breadth, and that has been positive in the mid-cap space for some time. Also, focus on the performance of a sector in Q4. Because the street is going to be in stock-specific mode for some time to come.
It may be too short a period to take a long call, nevertheless it is an indication. In the last two trading sessions, even when the Nifty and Sensex saw a cut, the mid-cap index was trading in green territory. This suggests that the broad-based selling pressure the markets were witnessing till some time back is now over. Another bullish indication is that the market is back in stock-specific mode. Companies that have delivered
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
What’s Included with
1Invest Wisely With Smart Market Tools & Investment Ideas
Investment Ideas
Grow your wealth with stock ideas & sectoral trends.
Stock Reports Plus
Buy low & sell high with access to Stock Score, Upside potential & more.
BigBull Porfolio
Get to know where the market bulls are investing to identify the right stocks.
Stock Analyzer
Check the score based on the company’s fundamentals, solvency, growth, risk & ownership to decide the right stocks.
Market Mood
Analyze the market sentiments & identify the trend reversal for strategic decisions.
Stock Talk Live at 9 AM Daily
Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.
2Stay informed anytime, anywhere with ET ePaper
ePaper – Print View
Read the PDF version of ET newspaper. Download & access it offline anytime.
ePaper – Digital View
Read your daily newspaper in Digital View & get it delivered to your inbox everyday.
Wealth Edition
Manage your money efficiently with this weekly money management guide.
3Exclusive Insights That Matter
4Times Of India Subscription (1 Year)
TOI ePaper
Read the PDF version of TOI newspaper. Download & access it offline anytime.
Deep Explainers
Explore the In-depth explanation of complex topics for everyday life decisions.
Health+ Stories
Get fitter with daily health insights committed to your well-being.
Personal Finance+ Stories
Manage your wealth better with in-depth insights & updates on finance.
New York Times Exclusives
Stay globally informed with exclusive story from New York Times.
5Enjoy Complimentary Subscriptions From Top Brands
TimesPrime Subscription
Access 20+ premium subscriptions like Spotify, Youtube & more.
Docubay Subscription
Stream new documentaries from all across the world every day.
