Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
"Major state election results lifted market sentiment and increased the scope of stability in government spending in H2FY25 to meet the capex target. The rally was broad-based, while capex-linked sectors like infra, capital goods, and industrials outperformed in expectation of a surge in new order inflows. The prospects of H2 remain positive due to a good monsoon, festival, a...
Market Quote : State Election Results Boost Market Sentiment, Capex Target Outlook Says Vinod Nair, Head of Research, Geojit Financial Services
Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Markets began the week on a strong note, extending Friday’s momentum to gain nearly 1.5%. Nifty opened with a gap-up, traded in a narrow range, and settled at 24,221.90. All major sectors contributed to the rally, with realty, banking, and energy leading the charge. Broader indices also mirrored the move, posting gains of 1.6%-2.1%.
Over the last two se...
Daily Market Analysis : Markets began the week on a strong note, extending Friday`s momentum to gain nearly 1.5% Says Mr. Ajit Mishra, Religare Broking Ltd
Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
"Major state election results lifted market sentiment and increased the scope of stability in government spending in H2FY25 to meet the capex target. The rally was broad-based, while capex-linked sectors like infra, capital goods, and industrials outperformed in expectation of a surge in new order inflows. The prospects of H2 remain positive due to a good monsoon, festival, and mar...
Market Quote : State Election Results Boost Market Sentiment, Stability in Capex Says Vinod Nair, Head of Research, Geojit Financial Services
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 strong positive note, with the GIFT Nifty indicating a 450-point increase, reflecting bullish market sentiment. However, caution remains warranted.
On November 22, after a robust rebound in the previous session, Indian indices recorded their biggest single-day gains in over five months, driven by broa...
Pre-Market Comment by Mandar Bhojane, Research Analyst, Choice Broking
Below the Quote on Weekly Note by Mr. Ajit Mishra, SVP - Research, Religare Broking Ltd
Markets ended the week with decent gains, offering relief after weeks of correction. Despite a negative bias for most of the week due to persistent FII selling, Friday’s sharp recovery, led by bargain hunting in index heavyweights, helped indices close near their highs. The Nifty and Sensex gained nearly 2%, ending at 23,907.20 and 79,117.10, respectively.
Most sectors, except energy,...
Weekly Market Analysis : Markets ended the week with decent gains, offering relief after weeks of correction Says Mr. Ajit Mishra, Religare Broking
Nifty
Nifty 50 continues to face selling pressure, struggling to reclaim its 200 DEMA support at 23,540, which also aligns with a key channel pattern support. A sustained breach below 23,500 could extend the decline to 23,200, coinciding with the 50-week EMA. However, a positive RSI divergence hints at weakening bearish momentum, though a reversal is yet to be confirmed. Options data indicates a rangebound outlook between 23,300–23,700, with significant resistance at 24,000. The cool...
Nifty 50 Struggles Below 200 DEMA, Faces Selling Pressure at 23,540 - Tradebulls Securities Pvt 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 22, following GIFT Nifty trends indicating a gain of 109 points for the broader index.
After a positive opening, Nifty can find support at 23,300 followed by 23,200 and 23,000. On the higher side, 23,500 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 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
Nifty
Nifty continues to drag lower yet it tried to regain above its 200 DEMA support level of 23500 which also coincides with a key channel pattern support. If the Nifty 50 sustains below 23,500, given the bearish sentiment the decline could extend to 23,200, which coincides with the 50-week EMA. On the upside, the 23,800-23,900 range could act as a resistance zone for the week. However, a positive RSI divergence hints at weakening bearish momentum, though a clear reversal is yet to be co...
Options data indicates a range-bound outlook of 23,300–23,700, with strong resistance at 24,000, reflecting cautious sentiment - Tradebulls Securities Pvt Ltd
