Daily Market Commentary : Real Estate saw a sharp rally of 6% on the back of strong launch pipeline says Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _16.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 Daily Market Commentary On 04 January 2024 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd
After two days of decline, Nifty regained strength and closed with gains of 141 points (+0.7%) at 21659 levels. Broader market outperformed with the Nifty midcap 100 and Nifty Smallcap 100 up 1%. All sectors ended in green with Realty, PSU Bank, and Financials being top gainers. Real Estate saw a sharp rally of 6% on the back of strong launch pipeline. Niche sectors like Defence, Power Finance, and Hotels were too in the limelight. Impressive quarterly business updates from financial heavyweights lifted domestic equities today, despite weak global cues. Overall Market showed strong resilience today, which is likely to strengthen further as we head into the result season and more companies announce their business updates
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Apollo Hospitals_03july.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shivam Thakral, CEO of BuyUcoin.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Manhar Garegrat_po.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dilip Chenoy, Chairman, Bharat Web3 Association.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Titan Company_.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indian Statergy_03july.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/coal37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/ashwini37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/pharma.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Quote on Sensex crossing 80000 mark by Shrikant Chouhan, Head Equity Research, Kotak Securities
More News
![](https://portfolio.investmentguruindia.com/uploads/news/f0594db04ca29756e754f9bd024130c0.jpg)
Daily Market Analysis : Markets extended decline and lost nearly half a percent, in continua...
![Daily Market Analysis : Markets failed to capitalize on Monday`s advance and shed nearly a percent Says Mr. Ajit Mishra, Religare Broking](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
![Daily Market Commentary : Nifty is now 10 points away from crossing the 22500 mark Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/uploads/news/Broker_88.jpg)
![Weekly market outlook : The market soared to new heights this week, decisively breaching the key resistance level Says Vinod Nair, Geojit Financial Services.](https://portfolio.investmentguruindia.com//uploads/news/Broker _26.jpg)