Below the Quote on Post Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker
Yesterday, we observed a bout of profit booking at higher levels; however, today the market sentiment has improved significantly, resulting in notable gains for both the Sensex and Nifty. This rally was driven by robust performances in the banking, automotive, and energy sectors. Specifically, the Sensex increased by 1,389 points (1.7%), closing at 84,574, while...
Post Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker
Below the Quote on Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities
In the last week, the benchmark indices continued positive momentum, the Nifty ends 1.71 percent higher while the Sensex was up by 1653 points. Among Sectors, Reality and Bank Nifty indices outperformed. Reality index was the top gainer, rallied over 5 percent whereas IT and Media indices shed over 2 percent. During the week, market consolidate near 25300/82000 but on last Friday,...
Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities
Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd.
Markets edged higher amid volatility, gaining nearly one and a half percent, largely tracking global trends. The first half saw a positive tone, though volatility in the latter half kept traders on edge. Reflecting the movement of the benchmark index, all key sectors contributed, with realty, auto, and metal stocks leading the gains. Broader indices also recovered from th...
Daily Market Analysis : Markets edged higher amid volatility, gaining nearly one and a half percent, largely tracking global trends Says Mr. Ajit Mishra, Religare Broking Ltd
Below the Quote on Market from Amit Golia, Group CEO, MarketsMojo - 19th Sept 2024
"Earlier in the month, market predictions showed a 35% chance of a 50bps rate cut, compared to a 65% likelihood of a smaller 25bps reduction. However, weaker-than-expected US jobs data suggesting slower pace of hiring, and a lower inflation report for August 2024, signaled a more significant economic slowdown than anticipated. These developments shifted expectations, with the probabi...
Quote on Market from Amit Golia, Group CEO, MarketsMojo - 19th Sept 2024
Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd.
The markets ended almost unchanged in a volatile expiry session, continuing the recent trend. After a gap-up opening, the Nifty index moved higher during the first hour, but profit booking in heavyweight stocks across sectors erased those gains. Sector-wise, the trend remained mixed with FMCG, banking, and auto sectors edging higher, while metals and pharma faced pressure...
Daily Market Analysis : The markets ended almost unchanged in a volatile expiry session, continuing the recent trend Says Mr. Ajit Mishra, Religare Broking Ltd
U.S. crude oil inventories dropped by 1.6 million barrels to 417.5 million barrels, reaching their lowest level in a year, according to the Energy Information Administration (EIA). Stocks at the Cushing, Oklahoma hub fell by 2 million barrels, marking their 10th decline in 11 weeks. Despite earlier losses, Brent and WTI futures recovered, with Brent trading at $73.53 per barrel and WTI at $71.10. Meanwhile, gasoline and distillate stockpiles rose by 100,000 barrels each, less than expected, w...
U.S. Crude Stocks Hit Yearly Low, Fuel Inventories Show Moderate Builds by Amit Gupta, Kedia Advisory
Below the Pre-Market Comment by Hardik Matalia, Derivative Analyst, Broking Ltd
The benchmark Sensex and Nifty indices are expected to open positive on Sept 19, following GIFT Nifty trends indicating a gain of 83 points for the broader index.
After a positive opening, Nifty can find support at 25,300 followed by 25,250 and 25,200. On the higher side, 25,500 can be an immediate resistance, followed by 25,550 and 25,600.
The charts of Bank Nifty indicate that it may get ...
Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking Ltd
India’s kharif sowing has surpassed the normal acreage, reaching 1,096.65 lakh hectares, driven by favorable monsoon conditions. Paddy cultivation saw a 4% increase, but export restrictions on non-basmati rice persist due to weather-related risks in key regions. Oilseeds and maize coverage rose, with soybean and groundnut areas expanding, potentially boosting price trends. Pulses also showed growth, though their overall acreage remained below normal levels. Cotton acreage, however, fell...
India's Kharif Sowing Exceeds Normal Acreage Amid Increased Coverage of Key Crops by Amit Gupta, Kedia Advisory
India’s kharif sowing has surpassed the normal acreage, reaching 1,096.65 lakh hectares, driven by favorable monsoon conditions. Paddy cultivation saw a 4% increase, but export restrictions on non-basmati rice persist due to weather-related risks in key regions. Oilseeds and maize coverage rose, with soybean and groundnut areas expanding, potentially boosting price trends. Pulses also showed growth, though their overall acreage remained below normal levels. Cotton acreage, however, fell...
India`s Kharif Sowing Exceeds Normal Acreage Amid Increased Coverage of Key Crops by Amit Gupta, Kedia Advisory
Below the Quote on Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd.
Markets remained volatile for another session, ending flat in line with global trends ahead of the US Fed meeting. After a steady start, sentiment was positive in the first half, despite a mixed performance from heavyweights. However, the index gave up all its gains with a sharp decline as the day progressed, closing at 25,377.55. Most sectors were under pressure, but strength ...
Daily Market Analysis : Markets remained volatile for another session, ending flat in line with global trends ahead of the US Fed meeting Says Mr. Ajit Mishra, Religare Broking Ltd
Below the Quote on Post Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking
On September 18, Indian benchmark indices experienced a volatile trading session and ended lower. The Sensex closed 131.43 points lower, or down 0.16 percent, at 82,948.23, while the Nifty lost 41 points, or 0.16 percent, to close at 25,377.55.
On the daily chart, the Nifty index made a new record high of 25,482.2 but could not sustain higher levels, as selling pressure pulled the...
Post Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking