A morning walk down Dalal Street | Q3FY19 earnings, macro-economic data in focus
Episode 788, Jan 14, 2019, 01:35 AM
Indian market saw extreme volatility in the week gone by which was dominated by global cues as well as earnings. The S&P BSE Sensex managed to hold on to 36,000 while Nifty50 closed a shade below 10,800 levels.
The S&P BSE Sensex rallied by about 0.8 percent as compared to 0.05 percent gain seen in the S&P BSE Smallcap index and 0.2 percent rise in the S&P BSE Midcap index.
Even though broader market underperformed benchmark indices for the week ended 11 January but there was plenty of action in select stocks in the small-cap space.
In the coming week, Q3FY19 earnings, macroeconomic data, global market sentiments, and crude oil price movement will dictate the trend on the bourses.