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Arun Kejriwal: Rock 'n' roll
Updated On: 30 July, 2018 07:40 AM IST | Mumbai | Arun Kejriwal
Current upbeat climate may tempt you to throw caution to the winds, but keep your feet firmly on the ground and trade wisely
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Union Minister Piyush Goyal during the inauguration of five trach machines, in New Delhi. Pic/PTI
Markets were on a roll last week and the benchmark indices saw them hitting new life-time highs. BSESENSEX gained 840.48 points or 2.25 per cent to close at 37,336.85 points. NIFTY gained 268.15 points or 2.38 per cent to close at 11,278.35 points. The broader indices saw BSE100, BSE200 and BSE500 gain 2.79 per cent, 2.93 per cent and 3.06 per cent respectively. BSEMIDCAP was up 4.50 per cent while BSESMALLCAP was up 4.43 per cent.
July eye
Over the last 12-13 years, July has been a successful month for stock markets, with the indices gaining in each successive year. July 2018 has been no different with NIFTY up 564.05 points with two trading sessions yet to go. July futures was virtually a one-way street for bulls and the series gained 578.20 points or 5.18 per cent to close at 11,167.30 points.
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