Saturday, 19 November 2016

{LONGTERMINVESTORS} BSE Sensex and NSE Nifty charts (Nov 18, 2016): slipping into bear phases?

FIIs went on a selling spree in a holiday-shortened trading week. Their net selling in equity was worth Rs 62.2 Billion, as per provisional figures. DIIs failed to match them with their net buying in equities worth Rs 45.3 Billion.

Both Sensex and Nifty gave up further ground - losing 2.5% and 2.7% respectively - on a weekly closing basis. Both indices may test, and even breach, their lows of the previous week.

Read more at:

http://investmentsfordummieslikeme.blogspot.in/2016/11/bse-sensex-and-nse-nifty-charts-nov-18.html

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