Daily Market Commentary : Domestic equities gained for 6th consecutive day, trading in unchartered territory says Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd
![](https://portfolio.investmentguruindia.com/uploads/news/Broker_2.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Quote on Daily Market Commentary by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd
Domestic equities gained for 6th consecutive day, trading in unchartered territory. After a subdued start, Nifty bounced back into positive territory and made yet another new high above 22200 zone. The index closed with gains of 75 points at 22197 levels. Broader market, however, ended in the red. Sector-wise it was a mixed bag with buying seen in Banking, Financials, and Realty. We expect market sentiment to strengthen further as the prospect of a pre-election rally is quite strong. Further, the BSE market cap has touched a record high of $4.7 trillion, thus, showing strength in the market. Globally, investors await the release of US FOMC meeting minutes as this would provide some insights into the US Fed’s future direction.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/IndiGo 01.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/DGFT.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _26.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget2024 07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/23 TATA Power.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/iphone26.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/CMS Info Systems.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock28.jpg)
Top News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/85f7f60f9a57c05ff713875a3328d716.jpg)
India`s trade deficit falling at rapid pace; exports to see positive growth in coming months...
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _26.jpg)
Daily Market Commentary : The broader market too ended in green-up more than 1% Says Mr. Sid...
![Nifty closes at all-time high, Sensex surges by 1,292 pts](https://portfolio.investmentguruindia.com/uploads/news/stock28.jpg)
![Quote on market by Krishna Appala, Sr. Research Analyst, Capitalmind Research](https://portfolio.investmentguruindia.com/uploads/news/Krishna Appala.jpg)
![Daily Market Analysis : Today, the market experienced a significant rally, gaining nearly two percent and reversing the recent negativity Says Mr. Ajit Mishra, Religare Broking Ltd](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
More News
![](https://portfolio.investmentguruindia.com//uploads/news/Broker_83.jpg)
Morning market quote : The ability of stock markets to climb walls of worries is manifesting...
![Market Wrap Up by Shrikant Chouhan, Head Equity Research, Kotak Securities Ltd](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
![Daily Market Commentary : Nifty traded in positive territory to close with marginal gains of 51 points at 23567 levels Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/uploads/news/Broker _26.jpg)
![Morning Nifty and Derivative comments 05 January 2024 By Anand James, Geojit Financial Services](https://portfolio.investmentguruindia.com/uploads/news/Broker_8.jpg)