The Stock Market is a market which deals in stocks of companies belonging to both the public sector as well as private. The Indian Stock Market is mostly referred to as the Share Market because it deals primarily with shares of various companies listed in for trading.
The stock market is a viable investment option at hands for investors in India. Since Indian Stocks market is showing strength and making steady gains over last few years barring few low ebbs it is wise to prefer stock market as reliable mode of investment than other investment options.
After opening positive on the back of healthy cues from Asian markets, the Indian stock market continued to slip right till the final hour of the trade on extensive profit booking. The Sensex lost 77 points while Nifty ended 51 points lower. Mid-cap and small-cap stocks also ended the day on a feeble note. Nifty today tried to knock the hurdle of the 40-hourly exponential moving average, which did not materialise. However the support of 20-hourly simple moving average continued. So the outlook remains bullish with support around 4200. The overall advance to decline ratio was positive on the NSE with 662 advances and 595 declines.