Saturday, 30 July 2016

{LONGTERMINVESTORS} BSE Sensex and NSE Nifty charts (Jul 29, 2016): bulls outmanoeuver bears

FIIs were net buyers of equity during Jul '16. Their net buying for the month totalled Rs 10,100 Crores, which exceeded their combined net buying during Apr-Jun '16. DIIs were net sellers of equity worth Rs 6050 Crores, as per provisional figures.

Sensex gained 3.9% and Nifty gained 4.2% for the month. The gains may seem small. But in absolute numbers, Sensex gained 1052 points and Nifty gained 350 points over 20 trading sessions.

Q1 (Jun '16) results have more or less been as per expectations, with a handful of positive surprises. The GST bill is going to be placed in the Rajya Sabha for approval after the government and opposition came to an understanding.

Read more at:

http://investmentsfordummieslikeme.blogspot.in/2016/07/bse-sensex-and-nse-nifty-charts-jul-29.html

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