WAX AND WANE JOURNEY OF BULLS AND BEARS – Issue #024

Published on 20/06/2021

Benchmark indices ended lower this week due to volatility and weak global cues after the US Federal Reserve signaled higher rates in 2023 in its policy. The market witnessed profit booking following the global trends. The Sensex was down 0.34 percent down and the Nifty was down 0.48 percent down. All indices ended in the red, except IT and FMCG, with the metal index falling over 2 percent. BSE midcap and small cap indices shed 0.5-1.3 percent.

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