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Market Cues

Block deals on Thursday, June 07

Here are the block/bulk deals that took place on the BSE and the NSE on Thursday, June 07, 2018.


Technical View

The Nifty50 which started with a muted note failed to hold on to its crucial support placed at 10,700 on Friday to form a small bearish candle on the daily candlestick charts, and a Spinning Top of an indecisive pattern on the weekly charts.


Stocks rise, Treasuries fall as job numbers beat estimates

Stocks rose along with Treasury yields as better-than expected US payroll numbers boosted confidence in the world’s largest economy.


Technical View

The Nifty50 picked up the pace in the last one hour of the trading session to reclaim 10,700 levels on Thursday which made a strong bullish candle on the daily candlestick charts.


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