Sunday 11 December 2016

{LONGTERMINVESTORS} Sensex, Nifty charts (Dec 09, 2016): bulls assert themselves but bears still on top

FIIs and DIIs were bullish during a week when volume of transactions dipped 17.5%. FIIs were net buyers of equity worth Rs 9.37 Billion; DIIs were net buyers of equity worth Rs 2.97 Billion, as per provisional figures. Both Sensex and Nifty gained about 2% on a weekly closing basis.

The IIP number for Oct '16 was -1.9% - indicating a fall in India's industrial output compared to Oct '15. The IIP number was 0.7% in Sep '16.

Read more at:

http://investmentsfordummieslikeme.blogspot.in/2016/12/sensex-nifty-charts-dec-09-2016-bulls.html

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