NIFTYIT

News sentiment turns mildly bearish for Nifty: Heckyl

Posted on

Heckyl Sentiment index, which reflects a broad reading of collective sentiment for the Nifty companies, has turned mildly bearish for the 50-share index ending 2-month long bullish phase. Media sentiment for the broad-based index was in the bullish territory since the start of earnings season in April this year. The recent rate hike by the US Federal Reserve and selloff in technology shares weighed on the sentiment.

Nifty Index Updated
Read the rest of this entry »