EquityForce India weekly report: Week #17

Key Points

• S&P500 index ended the 3 week losing streak, rising 2.7%.

• Technology, consumer discretionary and communication services were the major contributors.

• Same story in Nasdaq 100 - ended the 3 week losing streak rising 2.2%

• S&P500 index closed above 9 and 21 day Exponential Moving Average

• Nasdaq 100 also closed above 9 and 21 day exponential moving average.

India Indices

• Nifty 50 moved up by 1.23%

• Nifty Next 50 moved by 3.63%

• Nifty 500 moved by 2.23%

Nifty 50

Nifty Next 50

Nifty 500