Saturday 24 December 2016

{LONGTERMINVESTORS} Sensex, Nifty charts (Dec 23, 2016): rampaging bears push bulls into a corner

As per provisional figures, FIIs were net sellers of equity worth Rs 44.8 Billion even as transaction volumes dipped by 9%. DIIs were net buyers of equity worth Rs 39.7 Billion.

On a weekly closing basis, Sensex lost 1.7% and Nifty lost 1.9%. Bulls ensured that both indices just about managed to hang on to their respective support levels (of 25900 and 8000).

Read more at:

http://investmentsfordummieslikeme.blogspot.in/2016/12/sensex-nifty-charts-dec-23-2016.html

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