Dow transports and Dow industrials closed at records simultaneously for the first time in three years on Wednesday.

The Dow Theory is one such well-known theory that has endured for more than a century despite market volatility and the test of time. So, let’s explore Dow theory in share market in detail.

According to the more than century-old theory, both the Dow industrials and the Dow transports must trend higher to confirm a bull market Bullish followers of a widely followed theory of market ...