Below the FPI Progress in November Trend inputs by Manoj Purohit, Partner & Leader, Financial Services Tax, Tax & Regulatory Services, BDO India
Despite the ongoing outrage of funds since last month, this month saw an unprecedented applications of about 40-50 new FPI registrations which are eyeing to enter the Indian market. All thanks to SEBI’s recent relaxation to NRIs, permitting them to participate upto 100% and announcing measures for ease of entry a...
FPI Progress in November Trend inputs by Manoj Purohit, Partner & Leader, Financial Services Tax, Tax & Regulatory Services, BDO India
Below the Quote on Weekly Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd.
The markets continued to consolidate for another week, losing over half a percent, signaling the continuation of a corrective phase. The week began cautiously due to concerns ahead of the U.S. elections, followed by a brief mid-week recovery after the results. However, the gains could not hold, leading the benchmark indices, Nifty and Sensex, to close lower at 24,148.20 and 7...
Weekly Market Analysis : The markets continued to consolidate for another week, losing over half a percent, signaling the continuation of a corrective phase by Ajit Mishra, - SVP, Research, Religare Broking Ltd
This week, the resistance level has increased to 82,500 from 82,000 in the previous expiry, while support went down to 77,000 from 78000 as indicates by strikes with the highest OI concentration along CE and PE. The trading range has expanded to 5,500. up from 4,000. Notable OI advances among calls are seen at 82.500, with declines at 89,400. Among puts, OI has advanced most at 77.000.with significant declines at 80.200 and 80.300. The PCR has fluctuated, dropping from 0.83 at the last expiry...
Weekly Expiry : Sensex Option Playbook by Geojit Financial Services Ltd
Below the Quote On Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities
In the last week, the benchmark indices witnessed roller coaster activity, the Nifty ends .80 percent lower while the Sensex was down by 240 points. Among Sectors, IT index was the top gainer, rallied over 3.78 percent whereas Reality indices shed over 4 percent. During the week, after a sharp correction, market took the support near 23850/78250 and bounce back s...
Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities
Below the Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
“The market extended its negative trajectory, with the Nifty 50 down 7.8% from its recent peak. On a weekly basis, the Nifty 50 was up by 0.3%, while the CNX Midcap rose by 1.3%, and the CNX Smallcap declined by 1.1%. India’s inflation edged up to 5.49%, mainly due to rising vegetable prices, while core inflation remains low at 3.57%. Credit growth is slowing, with a significant dr...
Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
Below the Quote on Nifty by Rupak De, Senior Technical Analyst, LKP Securities
"The 24,000 level is expected to serve as strong support for the index. If it holds above this level, Nifty bulls may still have an opportunity to regain momentum. However, a break below 24,000 could further weaken the market. The RSI indicator remains in a positive crossover, indicating that short-term momentum is likely to stay strong. In the near term, the index may recover toward 24,500, but a...
Quote on Nifty by Rupak De, Senior Technical Analyst, LKP 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 flat on Nov 08, following GIFT Nifty trends indicating a loss of 03 points for the broader index.
After a flat opening, Nifty can find support at 24,100 followed by 24,000 and 23,900. On the higher side, 24,300 can be an immediate resistance, followed by 24,400 and 24,500.
The charts of Bank Nifty indicate that it may g...
Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking
Below the Quote On Market Analysis by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
The markets traded under pressure, losing over a percent, as they resumed their corrective trend after two days of gains. Despite a strong overnight performance in U.S. markets following Donald Trump's presidential win, Nifty maintained a bearish tone, dipping early and holding that sentiment throughout the session. All major sectors aligned with the benchmark, with metals, pharma...
Daily Market Analysis : Markets lose over a percent, resume corrective trend after two-day gain Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
Below the Quote on Nifty by Rupak De, Senior Technical Analyst, LKP Securities
"The Nifty slipped sharply as the index failed to move beyond the 21 EMA, leading to significant profit booking in the market. On the daily chart, a bearish engulfing pattern has formed, indicating weak market sentiment. This sentiment may worsen if the Nifty decisively sustains below 24,200. On the higher end, the 24,500-24,550 range may act as resistance."
Above views are of ...
Quote on Nifty by Rupak De, Senior Technical Analyst, LKP Securities
Below the Quote on Post Market Comment by Hardik Matalia, Research Analsyt, Choice Broking
Indian benchmark indices witnessed strong buying after a gap-up opening, ending the session on a positive note. The Sensex surged 901.50 points, or 1.13%, to close at 80,378.14, while the Nifty gained 270.75 points, or 1.12%, finishing at 24,484.05.
On the daily chart, the Nifty index formed an inside bar candle in the previous session, signaling consolidation and uncertainty. Today...
Post Market Comment by Hardik Matalia, Research Analsyt, Choice Broking