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Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 08 September 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels. Despite mixed global cues, index bounced back to seven week high and is just 172 points away from its life highs. Broader market too ended in green with Midcap100/Smallcap100 up 1%/0.6%. Financials, Realty and energy stocks led the gains in the market. ...
Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
8/09/2023 5:45:43 PM
Daily Market Commentary : Nifty closed higher for the fifth straight day with gains of 116 points (+0.6%) at 19727 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 07 September 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty closed higher for the fifth straight day with gains of 116 points (+0.6%) at 19727 levels. Despite weak global cues, market recovered in the second half on account of short covering on the weekly expiry day. Broader market too ended in green with Midcap100/Smallcap100 up 0.8%/0.5%. Banking and Realty were the major drivers with gains of more...
Daily Market Commentary : Nifty closed higher for the fifth straight day with gains of 116 points (+0.6%) at 19727 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty closed higher for the fifth straight day with gains of 116 points (+0.6%) at 19727 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
7/09/2023 4:58:10 PM
Daily Market Commentary :Domestic equities continued its momentum for the fourth consecutive day led by optimistic domestic cues Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 06 September 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities continued its momentum for the fourth consecutive day led by optimistic domestic cues. Though Nifty traded in red for most part of the session, on the back of rise in crude oil prices to 10-month high and weak global data points; last-hour rally led to index finally closing in green with marginal gains of 36 points (+0.2%) at 196...
Daily Market Commentary :Domestic equities continued its momentum for the fourth consecutive day led by optimistic domestic cues Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary :Domestic equities continued its momentum for the fourth consecutive day led by optimistic domestic cues Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
6/09/2023 5:37:08 PM
Daily Market Commentary : Domestic equities closed positively for the third consecutive day led by optimistic domestic cues Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 05 September 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities closed positively for the third consecutive day led by optimistic domestic cues. Services PMI data came in strong at 60.1 for the month of August, boosting sentiments. Despite weak global markets, Nifty opened positive and traded in a narrow range to finally close with gains of 46 points (+0.2%) at 19,575 levels. Broader market o...
Daily Market Commentary : Domestic equities closed positively for the third consecutive day led by optimistic domestic cues Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities closed positively for the third consecutive day led by optimistic domestic cues Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
5/09/2023 5:27:19 PM
Daily Market Commentary : Domestic equities closed positively for the second consecutive day led by positive global and domestic cues Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 04 September 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities closed positively for the second consecutive day led by positive global and domestic cues. Announcement of fresh stimulus announcement by China for its property sector and rising expectation of rate pause by US Fed in upcoming meeting led to buying in Metals and IT stocks. In addition report of strong macro data points last week ...
Daily Market Commentary : Domestic equities closed positively for the second consecutive day led by positive global and domestic cues Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities closed positively for the second consecutive day led by positive global and domestic cues Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
4/09/2023 6:06:51 PM
Daily Market Commentary : Domestic equities cheered impressive growth in India`s Q1 GDP and core sector output Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 01 September 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities cheered impressive growth in India's Q1 GDP and core sector output. Nifty opened positive and strengthened during the day to close near the day’s high with gains of 182 points (+0.9%) at 19435 levels. Broader market too ended in green up almost 1%. All sectors participated in the rally, except for Pharma. Metals, Oil &a...
Daily Market Commentary : Domestic equities cheered impressive growth in India`s Q1 GDP and core sector output Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities cheered impressive growth in India`s Q1 GDP and core sector output Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
1/09/2023 5:39:58 PM
Chemical stocks see buying after a long time Heavyweight stocks were muted compared to the sector-wise and mid and smallcap upsides on Tuesday, said Vinod Nair, Head of Research at Geojit Financial Services. The chemical sector emerged as a clear winner due to improvements in product prices stemming from stability in the demand and supply scenario. Meanwhile, the metals sector rallied in anticipation of further green shoots from the Chinese government and central banks, aimed at improving the local economy. The benefits from fe...
Chemical stocks see buying after a long time
Chemical stocks see buying after a long time
Source: IANS
30/08/2023 9:21:26 AM
Nifty snaps two-day losing streak to close at 19,306 Domestic equities traded in the positive territory amid gains in global markets after China announced a 0.1 per cent duty cut on stock trades to aid its ailing stock market with a likeliness of more stimulus in future, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. The Nifty snapped a two-day fall to close with gains of 40 points at 19,306 levels. The broader market outperformed with the Nifty midcap 100 up 0.5 per cent while the Nifty smallcap 100 was...
Nifty snaps two-day losing streak to close at 19,306
Nifty snaps two-day losing streak to close at 19,306
Source: IANS
28/08/2023 6:22:10 PM
Daily Market Commentary : Nifty closed with gains of 40 points at 19306 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 28 August 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities traded in positive territory amid gains in global markets after China announced a 0.1% duty cut on stock trades to aid its ailing stock market with a likeliness of more stimulus in future. Nifty closed with gains of 40 points at 19306 levels. Broader market outperformed with the Nifty midcap 100 up 0.5% while the Nifty smallcap 100 ...
Daily Market Commentary : Nifty closed with gains of 40 points at 19306 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty closed with gains of 40 points at 19306 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
28/08/2023 4:46:13 PM
Daily Market Commentary : We continue to expect Nifty to be in a narrow range due to lack of positive triggers Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 25 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Domestic equities traded lower amid subdued global cues and inflationary concerns raised by RBI in its meeting minutes. Nifty opened gap down and remained in negative territory throughout the session to close with the loss of 121 points (-0.6%) at 19,265. The broader market saw some profit booking as Nifty Midcap 100 fell 0.8% after touching new high...
Daily Market Commentary : We continue to expect Nifty to be in a narrow range due to lack of positive triggers Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : We continue to expect Nifty to be in a narrow range due to lack of positive triggers Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
25/08/2023 5:19:09 PM
Daily Market Commentary : Nifty snapped its initial gains and closed with a marginal loss of 57 points at 19387 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 23 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities pared some gains amid profit booking after 3 days of positive close. Nifty snapped its initial gains and closed with a marginal loss of 57 points at 19387 levels. Nifty Midcap 100 outperformed the benchmark and ended in green. Sectorially it was a mixed bag with buying seen in IT, Realty, FMCG and Banking space. Railway stocks were ...
Daily Market Commentary : Nifty snapped its initial gains and closed with a marginal loss of 57 points at 19387 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty snapped its initial gains and closed with a marginal loss of 57 points at 19387 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
24/08/2023 5:28:46 PM
Daily Market Commentary : Nifty inched upwards gradually to close with gains of 48 points at 19444 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 23 August 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities remained firm for 3rd consecutive day ahead of the expected landing of Chandrayaan-3. Nifty inched upwards gradually to close with gains of 48 points at 19444 levels. Nifty midcap 100 surged to new highs while Nifty small touched a new 52-week high, reflecting action in the broader market. Sectorially it was a mixed bag with buying ...
Daily Market Commentary : Nifty inched upwards gradually to close with gains of 48 points at 19444 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty inched upwards gradually to close with gains of 48 points at 19444 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
23/08/2023 5:00:20 PM
Daily Market Commentary : Nifty after opening higher traded sideways throughout the session to close flat at 19396 Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 22 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty after opening higher traded sideways throughout the session to close flat at 19396. The broader market outperformed with the Nifty midcap 100 up 1% while the Nifty smallcap 100 was up 0.8%. Sectorially it was a mixed bag with buying seen in Metals, FMCG, and Auto. In the near term market is expected to trade in a range as investors await the U....
Daily Market Commentary : Nifty after opening higher traded sideways throughout the session to close flat at 19396 Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty after opening higher traded sideways throughout the session to close flat at 19396 Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
22/08/2023 5:42:36 PM
Daily Market Commentary : Nifty opened flat but soon gained momentum and closed with gains of 83 points (+0.4%) at 19394 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 21 August 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities saw some respite today despite muted global cues. China announced smaller than expected cut in its lending rate, thus disappointing global investors. Nifty opened flat but soon gained momentum and closed with gains of 83 points (+0.4%) at 19394 levels. Broad based buying was seen across the sectors except for PSU bank and oil & ...
Daily Market Commentary : Nifty opened flat but soon gained momentum and closed with gains of 83 points (+0.4%) at 19394 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened flat but soon gained momentum and closed with gains of 83 points (+0.4%) at 19394 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
21/08/2023 5:04:06 PM
Daily Market Commentary : Domestic equities had a weak start in line with its global peers Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 18 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities had a weak start in line with its global peers. Nifty remained in negative territory throughout the session and closed with a loss of 83 points (-0.4%) at 19282 levels. Among sectors, PSU Bank, Metals, and FMCG ended in the green. Global markets extended their losses as concerns over higher interest rates and slowing China’s e...
Daily Market Commentary : Domestic equities had a weak start in line with its global peers Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities had a weak start in line with its global peers Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
18/08/2023 5:29:24 PM
Daily Market Commentary : Domestic equities continued to witness pressure amid weak global cues Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 17 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Domestic equities continued to witness pressure amid weak global cues. Nifty opened lower and remained in negative territory throughout the session to close with a loss of 100 (-0.5%) at 19365 levels. However, action shifted to the broader market with the Nifty midcap 100 up 0.2% while the Nifty smallcap 100 up 0.1%. Except for PSU Banks and Con...
Daily Market Commentary : Domestic equities continued to witness pressure amid weak global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities continued to witness pressure amid weak global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
17/08/2023 4:59:43 PM
Daily Market Commentary : Nifty opened lower but gradually climbed up to close marginally positive with gains of 30 points at 19465 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 16 August 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equity had a weak opening but saw a smart recovery towards the end amid a drop in UK inflation and short covering ahead of the FOMC meeting minutes release along with US IIP data. Nifty opened lower but gradually climbed up to close marginally positive with gains of 30 points at 19465 levels. Action was seen in the Nifty smallcap, which was ...
Daily Market Commentary : Nifty opened lower but gradually climbed up to close marginally positive with gains of 30 points at 19465 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened lower but gradually climbed up to close marginally positive with gains of 30 points at 19465 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
16/08/2023 5:18:18 PM
Market consolidating at higher levels in absence of any positive trigger After a tepid start, Nifty made a gradual recovery during the day as buying emerged at lower levels in index heavyweights, Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, has said. Domestic equities had weak handover from its global peers as high US inflation and mounting trouble in China's real estate market dented the sentiments. Even on the domestic front, IIP data came at 3 months low. The index closed with minuscule gains of 6 points at 19,435 level...
Market consolidating at higher levels in absence of any positive trigger
Market consolidating at higher levels in absence of any positive trigger
Source: IANS
14/08/2023 5:45:43 PM
Daily Market Commentary : The index closed with minuscule gains of 6 points at 19435 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 14 August 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities had weak handover from its global peers as high US inflation and mounting trouble in China’s real estate market dented the sentiments. Even on the domestic front, IIP data came at 3 months low.  After a tepid start, Nifty made a gradual recovery during the day as buying emerged at lower levels in index heavyweights. The i...
Daily Market Commentary : The index closed with minuscule gains of 6 points at 19435 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : The index closed with minuscule gains of 6 points at 19435 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
14/08/2023 5:44:40 PM
Daily Market Commentary : Among sectors Metals, Oil & Gas, Auto, and Consumer Durables were top gainers Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 09 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities reversed their losses following a recovery in the global markets after the Italian authorities clarified that the new tax could not breach 0.1% of a lender's total assets.  Nifty traded in negative territory for the most part of the session, however, last-hour buying at lower levels helped indices to close near the day’s h...
Daily Market Commentary : Among sectors Metals, Oil & Gas, Auto, and Consumer Durables were top gainers Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Among sectors Metals, Oil & Gas, Auto, and Consumer Durables were top gainers Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
9/08/2023 7:02:29 PM
Domestic market witnesses late recovery supported by positive uptick in European market Domestic equities reversed their losses following a recovery in the global markets after Italian authorities clarified that the new tax could not breach 0.1 per cent of a lender's total assets, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. Nifty traded in negative territory for the most part of the session, but last-hour buying at lower levels helped the indices close near the day’s high with gains of 62 points at 19,633 levels. The Sense...
Domestic market witnesses late recovery supported by positive uptick in European market
Domestic market witnesses late recovery supported by positive uptick in European market
Source: IANS
9/08/2023 5:18:37 PM
Daily Market Commentary : Domestic equities along with its Asian peers were subdued after China reported weak trade data Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 08 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Domestic equities along with its Asian peers were subdued after China reported weak trade data. Nifty after opening on a positive note, edged lower and traded in a narrow range to close with a marginal loss of 26 points at 19571 levels. Broader market outperformed with Nifty midcap 100 and smallcap 100 up 0.2% each. Sectorially it was mixed...
Daily Market Commentary : Domestic equities along with its Asian peers were subdued after China reported weak trade data Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities along with its Asian peers were subdued after China reported weak trade data Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Monarch Networth Capital Ltd
8/08/2023 5:43:08 PM
Daily Market Commentary : Domestic equities held on to their positive stance despite mixed global cues Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 07 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Domestic equities held on to their positive stance despite mixed global cues. Nifty opened higher and remained in positive territory throughout the session to close with marginal gains of 81 points at 19598 levels. Majority of the sector ended in green with buying seen in IT & Pharma. Markets are likely to trade in a range ahead of RBI policy thi...
Daily Market Commentary : Domestic equities held on to their positive stance despite mixed global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities held on to their positive stance despite mixed global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Monarch Networth Capital Ltd
7/08/2023 5:26:41 PM
FPIs have turned sellers in Indian market after 3 months After sustained buying for three months, FPIs have turned sellers in the Indian market, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. During the last seven trading sessions FPIs sold stocks worth Rs 8,545 crore in the cash market. Sharp spike in the US 10-year bond yield above 4 per cent is a near term negative for capital flows to emerging markets, he said. During the last three months, FPIs have been sustained buyers in the Indian market having inves...
FPIs have turned sellers in Indian market after 3 months
FPIs have turned sellers in Indian market after 3 months
Source: IANS
5/08/2023 1:07:01 PM
Daily Market Commentary :Niche sector like E-commerce was also in focus after Zomato reported an excellent set of numbers Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 04 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities saw some respite after witnessing selling pressure for three consecutive days on the back of India’s services activity rising sharply to 62.3, its highest in 13 years, fuelled by strong demand. Nifty opened gap up and moved higher to close with handsome gains of 135 points (+0.7%) at 19517 levels. Action was also seen in the broade...
Daily Market Commentary :Niche sector like E-commerce was also in focus after Zomato reported an excellent set of numbers Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary :Niche sector like E-commerce was also in focus after Zomato reported an excellent set of numbers Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
4/08/2023 4:43:50 PM
Daily Market Commentary : Realty, Financial Services and Oil & Gas were top laggards Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 03 August by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Indian equities saw profit booking for third consecutive day amid weak global cues ahead of BOE interest rate decision. Nifty opened lower and remained in negative territory throughout the session to close with loss of 145 points (-0.7%) at 19382. Except for Pharma, weakness was seen across the sectors. Realty, Financial Services and Oil & Gas were top laggards...
Daily Market Commentary : Realty, Financial Services and Oil & Gas were top laggards Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Realty, Financial Services and Oil & Gas were top laggards Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
3/08/2023 5:56:31 PM
Daily Market Commentary :Domestic Equities saw downward pressure following the global peers amid weak economic data Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 27 June 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic Equities saw downward pressure following the global peers amid weak economic data and a downgrade in US sovereign credit rating. Nifty opened lower and witnessed profit booking throughout the session to close with a loss of 219 points (-1.1%) at 19514. India's VIX sharply rose by 10% indicating volatility in the market. The broader market too faced ...
Daily Market Commentary :Domestic Equities saw downward pressure following the global peers amid weak economic data Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary :Domestic Equities saw downward pressure following the global peers amid weak economic data Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd.
2/08/2023 5:39:35 PM
Daily Market Commentary : Nifty opened higher but soon gave up its initial gains to close flat at 19734 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 01 August 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities traded on a tepid note on account of ease in India’s manufacturing data and mixed set of earning reports. Nifty opened higher but soon gave up its initial gains to close flat at 19734 levels. Action was seen in Nifty small cap 100 – up +0.7%. Among sectors, IT, Metals, Pharma, and Private Banks ended in the green. Metal ...
Daily Market Commentary : Nifty opened higher but soon gave up its initial gains to close flat at 19734 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened higher but soon gave up its initial gains to close flat at 19734 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
1/08/2023 5:15:33 PM
Daily Market Commentary : Nifty opened higher and gained momentum throughout the session to close with gains of 108 points at 19754 levels - Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 31 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. After two days of pause, Domestic equities resumed their uptrend as sentiments improved after data showed an easing in US inflation and better-than-expected China manufacturing data. Nifty opened higher and gained momentum throughout the session to close with gains of 108 points at 19754 levels. Broader market closed with gains of 1%. All sectors ended in th...
Daily Market Commentary : Nifty opened higher and gained momentum throughout the session to close with gains of 108 points at 19754 levels - Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened higher and gained momentum throughout the session to close with gains of 108 points at 19754 levels - Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
31/07/2023 5:18:02 PM
Daily Market Commentary : Auto sector will be in focus as companies would announce their monthly sales numbers - Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 28 July 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty remained under pressure throughout the session but witnessed some recovery in the last hour to close with a marginal loss of 14 points at 19646 levels. Sectorially, it was mixed with major buying seen in Realty (+1.8%). Power stocks were in the limelight on the back of attractive valuations and huge investments in the sector. Overall, we expect s...
Daily Market Commentary : Auto sector will be in focus as companies would announce their monthly sales numbers - Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Auto sector will be in focus as companies would announce their monthly sales numbers - Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
28/07/2023 4:41:28 PM
Daily Market Commentary : Nifty closed in positive territory led by buying in select heavyweights Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 26 July 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty closed in positive territory led by buying in select heavyweights. The index closed with gains of 93 points at 19774 levels. Broader markets too followed suit and witnessed buying interest. All sectors ended in the green, except for Consumer Durables. FMCG, PSU Bank, Realty, and Oil & Gas were top gainers. After three days of consolidation, t...
Daily Market Commentary : Nifty closed in positive territory led by buying in select heavyweights Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty closed in positive territory led by buying in select heavyweights Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
26/07/2023 4:44:19 PM
Daily Market Commentary : Nifty witnessed pressure for the third consecutive day and traded sideways Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 25 July 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty witnessed pressure for the third consecutive day and traded sideways throughout the session to close with minuscule gains at 19681 levels. Sectorially it was a mixed bag with buying seen in Metals, Auto, and Consumer Durables. While PSU Bank and FMCG were top laggards. Metal stocks were in the limelight after China announced to provide policy sup...
Daily Market Commentary : Nifty witnessed pressure for the third consecutive day and traded sideways Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty witnessed pressure for the third consecutive day and traded sideways Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
25/07/2023 5:29:05 PM
Daily Market Commentary : Nifty opened flat and moved in a narrow range to close with a loss of 73 points at 19672 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 24 July 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities ended in a negative zone amid mixed results locally as well as globally and disappointing German PMI. Nifty opened flat and moved in a narrow range to close with a loss of 73 points at 19672 levels. The majority of the sectors ended in red with FMCG down 1.7%. While Pharma, PSU Bank, and Realty ended in the green. Niche sectors like r...
Daily Market Commentary : Nifty opened flat and moved in a narrow range to close with a loss of 73 points at 19672 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened flat and moved in a narrow range to close with a loss of 73 points at 19672 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
24/07/2023 4:48:44 PM
Daily Market Commentary : Nifty opened lower dragged by selling in IT heavyweights after Infosys lowered its FY24 growth guidance Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 21 July 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities took a pause just before the 20k zones. Nifty opened lower dragged by selling in IT heavyweights after Infosys lowered its FY24 growth guidance. Nifty closed with a loss of 234 points (-1.2%) at 19745 levels. Broader markets were mixed with the Nifty midcap 100 down -0.4% while the Nifty smallcap 100 was up +0.7%. Except for PSU ...
Daily Market Commentary : Nifty opened lower dragged by selling in IT heavyweights after Infosys lowered its FY24 growth guidance Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened lower dragged by selling in IT heavyweights after Infosys lowered its FY24 growth guidance Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
21/07/2023 4:06:20 PM
Daily Market Commentary : Nifty touched a new high for the fifth consecutive day and closed with gains of 84 points at 19833 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 19 July 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty touched a new high for the fifth consecutive day and closed with gains of 84 points at 19833 levels. Broader market too ended in green with Nifty Midcap 100 and Nifty Smallcap 100 up 0.6% and 0.8% respectively. All sectors ended in positive territory, except IT. PSU Bank, Consumer Durables, and Financials were top gainers. Banking stock cont...
Daily Market Commentary : Nifty touched a new high for the fifth consecutive day and closed with gains of 84 points at 19833 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty touched a new high for the fifth consecutive day and closed with gains of 84 points at 19833 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
19/07/2023 5:01:07 PM
Equities extend record high runs with Nifty breaching 19,800-mark intraday Domestic equities extended their record high-runs with Nifty touching a new high of 19,819 intraday, said Siddhartha Khemka, Head-Retail Research, Motilal Oswal Financial Services. The index opened higher and traded sideways to close with marginal gains of 38 points at 19,749 levels. The broader market, however, underperformed with the Nifty mid-cap 100 ending flat to negative while Nifty small-cap 100 was down -0.9 per cent. Among sectors, IT was the top gainer up 1 per cent, followed ...
Equities extend record high runs with Nifty breaching 19,800-mark intraday
Equities extend record high runs with Nifty breaching 19,800-mark intraday
Source: IANS
18/07/2023 5:31:50 PM
Daily Market Commentary : Nifty opened higher and scaled to new highs to close with gains of 147 points (+0.8%) at 19711 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 17 July 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities continued its northbound journey despite subdued global cues. Nifty opened higher and scaled to new highs to close with gains of 147 points (+0.8%) at 19711 levels. All sectors ended in the green, except Auto. Banking index gained momentum after consolidating for nine trading sessions on the back of healthy Q1FY24 results from private...
Daily Market Commentary : Nifty opened higher and scaled to new highs to close with gains of 147 points (+0.8%) at 19711 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened higher and scaled to new highs to close with gains of 147 points (+0.8%) at 19711 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
17/07/2023 5:38:09 PM
Corporate earnings to determine market direction for coming week Investors are awaiting earnings reports in the coming week to determine their trading direction, said Vinod Nair, Head of Research at Geojit Financial Services. The initial weakness in the domestic market was driven by anticipated soft earnings in the IT sector and negative cues from the US markets. Concerns arose from an uptick in domestic food inflation, influenced by higher mandi prices trending above Minimum Support Prices (MSP), and muted Kharif sowing, which led investors to exerc...
Corporate earnings to determine market direction for coming week
Corporate earnings to determine market direction for coming week
Source: IANS
15/07/2023 9:19:19 AM
Daily Market Commentary : The index touched yet another new high of 19595 with the successful launch of Chandrayan 3. Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 14 July 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty traded positive throughout the session and witnessed sharp up-move in last half an hour to close near day’s high at 19565 levels (151 points higher; +0.8%). The index touched yet another new high of 19595 with the successful launch of Chandrayan 3. Global cues too were supportive following the release of another soft inflation data. The PPI...
Daily Market Commentary : The index touched yet another new high of 19595 with the successful launch of Chandrayan 3. Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : The index touched yet another new high of 19595 with the successful launch of Chandrayan 3. Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
14/07/2023 5:20:25 PM
Daily Market Commentary : Nifty opened gap up and touched new high of 19567, but gave away to profit booking Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 13 july 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Nifty opened gap up and touched new high of 19567, but gave away to profit booking in second half to finally close with marginal gains of 29 points at 19413 levels. Broader market however fell almost 1% with mix trend among sectors. IT was the biggest gainer post good deal wins reported by TCS for Q1FY24. Fall in US inflation data to 2-year l...
Daily Market Commentary : Nifty opened gap up and touched new high of 19567, but gave away to profit booking Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened gap up and touched new high of 19567, but gave away to profit booking Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
13/07/2023 5:48:12 PM
Daily Market Commentary : Nifty has been trading between 19400-19500 range for the last 6 trading sessions and has shown strength at lower levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 11 July 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Domestic equities traded in positive territory after an encouraging handover from global peers. Nifty opened higher and remained steady throughout the session to close with gains of 84 points (+0.4%) at 19439 levels.  Broader market outperformed with the Nifty midcap 100 and Nifty smallcap 100 up +0.9% and 1.2% respectively. Auto, FMCG, ...
Daily Market Commentary : Nifty has been trading between 19400-19500 range for the last 6 trading sessions and has shown strength at lower levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty has been trading between 19400-19500 range for the last 6 trading sessions and has shown strength at lower levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
11/07/2023 6:00:54 PM
Daily Market Commentary : Nifty traded sideways throughout the session to close with marginal gains of 36 points at 19368 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 10 July 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Nifty traded sideways throughout the session to close with marginal gains of 36 points at 19368 levels. The broader market underperformed with Nifty midcap and smallcap down -0.4% and -0.6% respectively. Except for Metals and Oil & Gas, all sectors ended in red. After a one-way move, the market is witnessing some consolidation and profit ...
Daily Market Commentary : Nifty traded sideways throughout the session to close with marginal gains of 36 points at 19368 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty traded sideways throughout the session to close with marginal gains of 36 points at 19368 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd.
10/07/2023 4:50:53 PM
Daily Market Commentary : `Weak global cues and profit booking in domestic equities dragged key indices down Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 07 July 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   ’Weak global cues and profit booking in domestic equities dragged key indices down. Nifty opened lower and remain in negative territory throughout the session to close near the day’s low with a loss of 166 points (-0.8%) at 19332 levels. Broader market too ended in red with the Nifty midcap 100 down 0.8% while the Nifty smallcap 1...
Daily Market Commentary : `Weak global cues and profit booking in domestic equities dragged key indices down Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : `Weak global cues and profit booking in domestic equities dragged key indices down Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
7/07/2023 5:16:17 PM
Daily Market Commentary : Nifty surpassed the 19500 zone intraday before closing with gains of 99 points Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 06 July 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   India equities continued their dream run, with key indices consistently making new highs. Nifty surpassed the 19500 zone intraday before closing with gains of 99 points (+0.5%) at 19497 levels. On the sectoral front, Realty, Oil & Gas, Auto, and Healthcare were top gainers while IT, Financials, and FMCG witnessed profit booking. Nifty has...
Daily Market Commentary : Nifty surpassed the 19500 zone intraday before closing with gains of 99 points Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty surpassed the 19500 zone intraday before closing with gains of 99 points Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
6/07/2023 5:23:51 PM
Daily Market Commentary : Nifty continued its upward momentum driven by buying seen in index heavyweights Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 03 July 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Domestic equities surged higher, continuing last week's positive sentiment amid healthy 12% growth in GST collection at Rs.1.61 lakh crore for the month of June. Nifty continued its upward momentum driven by buying seen in index heavyweights. The index finally ended the session with gains of 133 points (+0.7%) at 19323 levels. Sectorial i...
Daily Market Commentary : Nifty continued its upward momentum driven by buying seen in index heavyweights Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty continued its upward momentum driven by buying seen in index heavyweights Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
3/07/2023 4:19:44 PM
Daily Market Commentary : Domestic equities had a dream run with Nifty and Sensex scaling a lifetime high at 19006.7 Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 28 June 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities had a dream run with Nifty and Sensex scaling a lifetime high at 19006.7 and 64037 levels respectively. The index remained in momentum throughout the session to close with handsome gains of 155 points (+0.8%) at 18972 levels. Even Nifty Bank made a new high of 44508 levels. All sectors ended in green with strength seen in Metals, Phar...
Daily Market Commentary : Domestic equities had a dream run with Nifty and Sensex scaling a lifetime high at 19006.7 Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities had a dream run with Nifty and Sensex scaling a lifetime high at 19006.7 Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
28/06/2023 5:13:18 PM
Market at all-time high: Nifty finally managed to cross its previous highs Says Mr. Siddhartha Khemka, MOFSL Below Quote on 'Market at all-time high' by Mr. Siddhartha Khemka, Head of Retail Research, Broking and Distribution, MOFSL After making several attempts in the past few days, Nifty finally managed to cross its previous highs. Strong institutional flows, healthy macros and robust earnings growth drove domestic market towards its new highs. Even the current valuations are reasonable at 19x one-year forward PE which at previous peak had touched a high of 24x. With...
Market at all-time high: Nifty finally managed to cross its previous highs Says Mr. Siddhartha Khemka, MOFSL
Market at all-time high: Nifty finally managed to cross its previous highs Says Mr. Siddhartha Khemka, MOFSL
Source: Motilal Oswal Financial Services Ltd
28/06/2023 3:18:08 PM
Buying in heavyweight stocks pushes Indian markets to all-time high  After multiple attempts, the domestic market successfully managed to sustain record high levels, thanks to the increased buying interest in heavyweight stocks, said Vinod Nair, Head of Research at Geojit Financial Services. The domestic indices ended Wednesday’s session after hitting fresh all-time highs during the day. The NSE Nifty 50 soared 54.70 points or 0.82 per cent to 18,972.10, while the BSE Sensex surged 499.39 points or 0.79 per cent to 63,915.42. The market's...
Buying in heavyweight stocks pushes Indian markets to all-time high
Buying in heavyweight stocks pushes Indian markets to all-time high
Source: IANS
28/06/2023 2:43:40 PM