The mighty bull is unleashed in the ring, its muscles rippling with raw power.
The audience watches with bated breath, their eyes fixed on the rider who holds a red cloth. Will the bull remain in the ring once the cloth is pulled away?
Presenting Schrodinger’s Bull.
The market opened directionless and lacked any clear indication of where it was heading. However, things quickly improved with a significant upswing on Wednesday.
After a brief hiatus, the market roared back to life today with a massive gap up, finally crossing over to the other side of the 200 DMA.
This remarkable surge was propelled by a massive buying, totalling 2090 Cr., by both DIIs and FIIs on Wednesday.Today’s move trumped over the long-held side-ways sentiment by the markets.
A celebratory week at Investmint, with most models closing in the green. Two of the three models which ended in red still beat NIFTY’s YTD returns.
We’ve said it before, and we’ll say it again. It all works out as long as you remain systematic.
The weather has started to change. Get your ACs & Coolers ready to combat the heat waves which will now enter the country.
We hope today’s up move in Nifty will make the summers a bit more “bear” able. Have a great weekend. We’ll see you back next week.