Below the Quote on Market Wrap Up by Shrikant Chouhan, Head Equity Research, Kotak Securities Ltd
Today, the benchmark indices continued selling pressure at higher levels, the Nifty ends 169 points lower while the Sensex was down by 423 points. Among Sectors, PSU Banks, Media, Metal indices lost the most shed over 2 percent whereas despite weak market sentiment Reality index outperformed, rallied nearly 1 percent. Technically, on daily charts the index has formed bearish candle a...
Quote on Market Wrap Up by Shrikant Chouhan, Head Equity Research, Kotak Securities Ltd
India's red chilli acreage has seen a sharp decline of 25-30% this cropping season, primarily in Andhra Pradesh, Telangana, and Karnataka. The shift to alternative crops like maize, tobacco, and green gram, along with low chilli prices and high carry-forward stocks, has influenced farmers' cropping decisions. In key regions such as Guntur, Telangana, and Karnataka, stocks of red chillies are significantly higher than last year. The lower prices of popular varieties like Byadgi and hyb...
India`s Red Chilli Acreage Declines Due to Low Prices & High Stocks by Amit Gupta, Kedia Advisory
Below the Quote on Pre-Market Comment by Hardik Matalia, Derivative analyst, Choice Broking Ltd
The benchmark Sensex and Nifty indices are expected to open negative on Nov 21, following GIFT Nifty trends indicating a loss of 80 points for the broader index.
After a negative opening, Nifty can find support at 23,350 followed by 23,250 and 23,200. On the higher side, 23,600 can be an immediate resistance, followed by 23,700 and 23,800.
The charts of Bank Nifty indicate t...
Pre-Market Comment by Hardik Matalia, Derivative analyst, Choice Broking Ltd
Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd.
Markets experienced a volatile session and ended marginally higher, pausing after the recent decline. Despite an initial uptick and a positive move in the first half, a sharp sell-off in the latter half erased all gains. Sectoral trends remained mixed, with realty, auto, and pharma leading the gainers, while metal and energy ended in the red. Broader indices outperformed amids...
Daily Market Analysis : Markets experienced a volatile session and ended marginally higher, pausing after the recent decline Says Mr. Ajit Mishra, Religare Broking Ltd
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 Nov 19, following GIFT Nifty trends indicating a gain of 62 points for the broader index.
After a positive opening, Nifty can find support at 23,350 followed by 23,250 and 23,200. On the higher side, 23,550 can be an immediate resistance, followed by 23,650 and 23,800.
The charts of Bank Nifty indicate that ...
Pre-market comment by Hardik Matalia, Derivative Analyst, Choice Broking
Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking
On November 18, the Indian equity markets faced significant selling pressure for the seventh consecutive session, closing lower after a positive opening. The BSE Sensex declined by 241.30 points, or 0.31%, to end at 77,339.01, while the Nifty slipped by 78.90 points, settling at 23,453.80. Although the Nifty initially showed gains during the day, profit booking at higher levels erased ...
Quote on 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 market continued its downward trend, slipping nearly half a percent. Nifty saw a sharp dip initially but managed to recover most of its losses mid-session before eventually closing with a modest cut at 23,453.80. Sector-wise, there was a mixed performance, with metals, FMCG, and auto gaining, while IT and energy sectors remained under pressure. The broader indices also...
Daily Market Analysis : The market continued its downward trend, slipping nearly half a percent Says Mr. Ajit Mishra, Religare Broking Ltd
Below the Quote on Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking
Indian benchmark indices, including the Sensex and Nifty, are expected to open on a bearish note, continuing their ongoing correction phase for the sixth consecutive session.
On November 14, the Nifty closed below the 23,550 mark, and today the GIFT Nifty indicates a 75-point decline, reflecting negative sentiment and suggesting caution in the market. Notably, the Nifty failed to sustain ...
Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking
Below the Quote on Weekly Technical Outlook: Market in carnage, breadth worsening, no short-term relief by Lovelesh Sharma, Consultant, SAS Online – a deep discount broker
The market has turned into a complete carnage, with market breadth deteriorating day by day and no signs of relief in the short term. Despite domestic record flows, Nifty 50 has experienced a drawdown of more than 10% since 2022, indicating a significant correction both in price and time. The f...
Weekly Technical Outlook:Market in carnage, breadth worsening, no short-term relief by Lovelesh Sharma, Consultant, SAS Online – a deep discount broker
Below the Quote on Weekly Market Outlook by Vinod Nair, Head of Research, Geojit Financial Services
"The domestic market is in correction terrain; from the recent peak, the main indices, Nifty and Sensex, have corrected around 10%. Weakness in Q2FY25 results and sustained outflow of foreign funds weighed on the sentiment. On the other hand, a spike in domestic CPI inflation to a 14-month high of 6.2%, a firm dollar index, and a rising US 10-year yield signal that t...
Weekly Market Outlook: Domestic Market in Correction Terrain: Nifty, Sensex Down 10% Says Vinod Nair, Head of Research at Geojit Financial Service