Below the Quote on Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking
The benchmark Sensex and Nifty indices are expected to open positive on Sept 13, following GIFT Nifty trends indicating a gains of 53 points for the broader index.
After a gap up 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 ...
Pre-Market Comment by Hardik Matalia , Research Analyst, Choice Broking
Below the Quote on Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
The markets reached a new high on the weekly expiry day, gaining nearly two percent. While the session remained subdued for the most part, strong buying in heavyweight stocks across sectors propelled the index sharply upward in the final hours. As a result, the Nifty closed at 25,388.90, up 1.9%. All sectors contributed to the rally, with metals, auto, and energy leading the gai...
Daily Market Analysis : The markets reached a new high on the weekly expiry day, gaining nearly two percent Says Mr. Ajit Mishra, Religare Broking Ltd
India's maize cultivation has seen a significant boost this kharif season, driven by the government’s push for ethanol blending. Acreage under maize has increased by 5.31% to 87.26 lakh hectares, with Maharashtra and Madhya Pradesh leading the expansion. Market prices are hovering between ?2,400-2,500 per quintal, well above the minimum support price (MSP) of ?2,225, further encouraging farmers. Despite early challenges from fall armyworm pests, crop conditions remain healthy, with ...
Record Maize Acreage in Kharif Season Driven by Ethanol Push and Strong Market Demand in Key States by Amit Gupta, Kedia Advisory
Below the Quote On Pre-market comment by Deven Mehata, Research Analyst, Choice Broking Ltd
The benchmark Sensex and Nifty indices are expected to open Positive on SEPT 12, following GIFT Nifty trends indicating a gain of 130 points for the broader index.
After a gap up opening Nifty can find support at 25,000 followed by 24,900 and 24,800. On the higher side, 25,150 can be an immediate resistance, followed by 25,250 and 25,300.
The charts of Bank Nifty indicate that i...
Pre-market comment Deven Mehta, by Choice Broking
India's spices exports marginally declined by 1% to $1.15 billion in the April-June quarter, primarily due to a 29% drop in chilli shipments, the largest spice export in terms of value and volume. Sluggish demand from China and Bangladesh contributed to the decline, with chilli exports falling to $265 million. Despite this, other spices like cumin, turmeric, and cardamom performed well, offsetting the drop. Cumin exports rose 13% in value, while turmeric surged 44%, despite a decline in v...
Chilli Export Slump Drags Overall Spices Exports Down to $1.15 Billion Despite Strong Performance in Cumin and Turmeric by Amit Gupta, Kedia Advisory
Below the Quote on Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking
On the daily chart, the Nifty is taking support from a rising trend line and has formed a bearish candle. The Nifty has strong support near the 24,800 level. If it breaks this level, it could potentially correct down to 24,600 and 24,400 in the short term. On the flip side, 25,200 acts as a resistance level, and the price may remain sideways within a wide range of 24,800 to 25,200.
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Post Market comment by Mandar Bhojane, Research Analyst, Choice Broking
Below the Quote On Pre-market comment by Deven Mehata, Research Analyst, Choice Broking Ltd
The benchmark Sensex and Nifty indices are expected to open flat on SEPT 11, following GIFT Nifty trends indicating a gain of 5 points for the broader index.
Nifty can find support at 25,000 followed by 24,900 and 24,800. On the higher side, 25,150 can be an immediate resistance, followed by 25,250 and 25,300.
The charts of Bank Nifty indicate that it may get support at 51,...
Pre-market comment Deven Mehta, by Choice Broking
Below the Quote on Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
The markets extended their rebound, gaining nearly half a percent, supported by a recovery in global indices. Despite a slight dip after the gap-up opening, buying interest in select heavyweight stocks across sectors helped push the Nifty higher. Key sectors, led by IT and pharma, contributed to the rise, while broader indices also saw a strong recovery, each gaining around 1%.
...
Daily Market Analysis : The markets extended their rebound, gaining nearly half a percent, supported by a recovery in global indices Says Mr. Ajit Mishra, Religare Broking Ltd
India's kharif sowing has increased to 1,092.33 lakh hectares, showing a 2.2% rise from last year. While paddy and pulses acreage is up, recent floods and above-normal rainfall may affect crop yields. Oilseeds and maize show promising growth, though cotton and jute-mesta lag. Reservoir levels are high, potentially mitigating drought risks.
Highlights
Kharif Sowing Progress: As of September 6, kharif sowing has reached 1,092.33 lakh hectares, up 2.2% from last year, accordi...
September Rains Shape India's Kharif Crops: Sowing Up, Yields Uncertain by Amit Gupta, Kedia Advisory
Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking
n September 9, Indian indices snapped a three-day losing streak and ended higher, with the Nifty closing around 24,950. At the close, the Sensex was up 375.61 points or 0.46 percent at 81,559.54, and the Nifty was up 84.20 points or 0.34 percent at 24,936.40.
Nifty opened with a gap down but showed a strong reversal from the 24,750 level, forming a bullish candle on the daily chart....
Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking
Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
The markets began the week on a subdued note and ended nearly flat, pausing after Friday's decline. After an initial dip, a recovery in select heavyweight stocks led to a slight rebound, followed by range-bound movement for the rest of the session. Sector-wise, the performance was mixed, with FMCG and banking sectors showing strength, while energy and metal stocks declined....
Daily Market Analysis : The market began the week with a slight decline but managed to close flat, continuing its consolidation phase Says Mr. Ajit Mishra, Religare Broking Ltd
Below the Quote on Gold Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities
COMEX Gold (December) surged to $2,560/oz on Friday but closed the week flat at $2,524.6/oz as the mixed US jobs report left the debate over a potential 25 or 50 bps rate cut unresolved. Nonfarm payrolls increased by 142,000, marking a three-month average low since mid-2020, while the unemployment rate fell to 4.2%, its first decline in five months. Average hourly earnings rose 0.4% m...
Quote on Gold Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities
Below the Quote on Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking
The benchmark Sensex and Nifty indices are expected to open negative on Sept 09, following GIFT Nifty trends indicating a loss of -53 points for the broader index.
After a gap down opening, Nifty can find support at 24,750 followed by 24,650 and 24600. On the higher side, 25,000 can be an immediate resistance, followed by 25,050 and 25,100.
The charts of Bank Nifty indicate...
Pre-Market Comment by Hardik Matalia , Research Analyst, Choice Broking
Below the Quote on Weekly Note by Mr. Ajit Mishra, SVP - Research, Religare Broking Ltd
The markets concluded a three-week winning streak with a loss of over 1.5%, largely impacted by weak global cues. Despite attempts by the benchmark indices to hold a positive tone for most of the week, a significant decline on Friday shifted the momentum. Consequently, both the Nifty and Sensex ended near their weekly lows, closing at 24,852.10 and 81,183.90, respectively. Sector-wise, energy,...
Weekly Note by Mr. Ajit Mishra, SVP - Research, Religare Broking Ltd
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