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Post RBI Policy view on market By Mr. Santosh Meena, Swastika Investmart Ltd Below is view on RBI Monetary policy By Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd. Nifty is witnessing some profit booking from the 18888 level; however, the overall texture is still bullish, where 18600–18550 is an immediate demand zone and the 20-DMA around 18440 is the next support level. On the upside, 18735 is an immediate hurdle, and then 18888 and 19000 are the next resistance levels. Banknifty is consolidating nicely above the 9-DMA, while the 20-DM...
Post RBI Policy view on market By Mr. Santosh Meena, Swastika Investmart Ltd
Post RBI Policy view on market By Mr. Santosh Meena, Swastika Investmart Ltd
Source: PR Agency
7/12/2022 12:42:10 PM
Coming week market report​​​​​​​ By Mr. Santosh Meena, Swastika Investmart Ltd Below is coming week market report By Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd. The outcome of the FOMC meeting will remain a key factor amid nervous global markets The Indian equity market ends on a weak note for the third week in a row however the losses were mild. The market remained range-bound but a stock-specific move was there amid Q4 earnings. The market is likely to kick off next week on a somber note after a sharp fall in the US market overnight t...
Coming week market report​​​​​​​ By Mr. Santosh Meena, Swastika Investmart Ltd
Coming week market report​​​​​​​ By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
30/04/2022 3:06:29 PM
Coming week market report By Mr. Santosh Meena, Swastika Investmart Ltd Below is the coming week market report By Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd. Geopolitical tension may take centerstage after inflation The rollercoaster ride is continued in the Indian stock market where global headwinds are causing pressure at higher levels amid supportive domestic cues. World markets are trying to adjust with expectations of a sharp rise in interest rates in the US after record inflation but the elevating geopolitical tension ...
Coming week market report By Mr. Santosh Meena, Swastika Investmart Ltd
Coming week market report By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
13/02/2022 9:25:32 AM
The market overall view is bullish and any pullback will be a good buying opportunity by Mr. Santosh Meena, Swastika Investmart Ltd Below are views on on today's market by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd We are seeing a pullback after a vertical rally on the back of some weakness in global markets however there are no such negative cues for the market. If we look at the statistics then Indian Equity markets do well in the first two weeks of January but then it starts to correct near to Makar Sankranti or in between 15-20th January then there is a post-budget rally in the marke...
The market overall view is bullish and any pullback will be a good buying opportunity by Mr. Santosh Meena, Swastika Investmart Ltd
The market overall view is bullish and any pullback will be a good buying opportunity by Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
14/01/2022 2:30:36 PM
Indian equity market begin 2022 on a cheerful note By Mr. Santosh Meena, Swastika Investmart Ltd. Below is quote on today's market By Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd. Indian equity market snub sharp rise in covid cases and begin 2022 on a cheerful note where the laggard Banknifty witnessed the highest gain today. There was a risk on sentiment today in the Indian equity market where the high beta sector outperformed defensive names. We have our inherent strength as the global cues were mute but we are still far below our all-time high while mos...
Indian equity market begin 2022 on a cheerful note By Mr. Santosh Meena, Swastika Investmart Ltd.
Indian equity market begin 2022 on a cheerful note By Mr. Santosh Meena, Swastika Investmart Ltd.
Source: Swastika Investmart Ltd
3/01/2022 4:43:37 PM
Domestic cues may dominate at the beginning of New Year By Mr. Santosh Meena, Swastika Investmart Ltd. Below is quote on Domestic cues may dominate at the beginning of New Year By Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd. It was a good week for the bulls where Nifty and Sensex manage to clock more than 2% gain amid low volume. The market will have a lack of global cues next week and volumes will be on the lower side where domestic cues may dominate. On the domestic front, monthly auto sales numbers will be an important trigger that may lead to stock-specific movemen...
Domestic cues may dominate at the beginning of New Year By Mr. Santosh Meena, Swastika Investmart Ltd.
Domestic cues may dominate at the beginning of New Year By Mr. Santosh Meena, Swastika Investmart Ltd.
Source: Swastika Investmart Ltd
1/01/2022 1:56:40 PM
Post listing view on Supriya Lifescience IPO By Mr. Santosh Meena, Swastika Investmart Ltd Below is the Post listing view on Supriya Lifescience IPO by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd In the last 3-5 years, the API and specialty chemical industry have been darling for investors, and we believe that this trend will continue for several years. As a result of the decent participation from investors, the IPO debuted at Rs 421 versus the issue price of Rs 274, a premium of 53%. In the long run, investors should hold the stock while tho...
Post listing view on Supriya Lifescience IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Post listing view on Supriya Lifescience IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
28/12/2021 12:21:16 PM
Post listing view on HP Adhesives IPO By Mr. Santosh Meena, Swastika Investmart Ltd Below is the Post listing view on HP Adhesives IPO by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd There is a potential for the company to grow exponentially in the upcoming years, and the CAPEX will guide growth. The company debuted at Rs 315, a 15% premium over the issue price of Rs 274. The investors who got allotment are advised to keep the SL of Rs 300 while new investors can consider Pedilte which has a long operating history and is the market leader in...
Post listing view on HP Adhesives IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Post listing view on HP Adhesives IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
27/12/2021 12:35:01 PM
Post listing view on Data Pattern's IPO By Mr. Santosh Meena, Swastika Investmart Ltd Below is the Post listing view on Data Pattern's IPO by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Data Pattern's IPO saw a bumper response from investors and got subscribed 120 times, demonstrating that aerospace and defense are highly sought-after sectors currently. This led to the IPO debuting at Rs 856, a 46% premium to the issue price of Rs 585. In the long run, the stock will be a wealth generator in the next 3-5 years, while short-term invest...
Post listing view on Data Pattern's IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Post listing view on Data Pattern's IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
24/12/2021 11:52:26 AM
Post Listing Comment on Medplus IPO By Mr. Santosh Meena, Swastika Investmart Ltd Below is the Post Listing Comment on Medplus IPO by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd The IPO was subscribed 52 times and debuted at Rs 1040 per share as opposed to the issue price of Rs 796, a 30% premium. Long-term investors should hold the stock and it might turn into a wealth creator in the next 2-3 years, however, short-term investors are advised to keep an SL of Rs 875. MedPlus has an omnichannel platform and is the second-largest pharmacy ...
Post Listing Comment on Medplus IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Post Listing Comment on Medplus IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
24/12/2021 11:39:51 AM
Post listing view on Metro Brands By Mr. Santosh Meena, Swastika Investmart Ltd Below is the Post listing view on Metro Brands by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd With an asset-light model, Metro Brands derives most of its revenues from third parties. It has demonstrated decent growth, profitability, and financials in the past; however, the company debuted at Rs. 437, a 12.60% discount to its issue price of Rs 500. Long-term investors are advised to hold the stock, while short-term investors can keep their stop loss at 380. I...
Post listing view on Metro Brands By Mr. Santosh Meena, Swastika Investmart Ltd
Post listing view on Metro Brands By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
22/12/2021 11:11:04 AM
Post listing view on MapMyIndia By Mr. Santosh Meena, Swastika Investmart Ltd Below is the Post listing view on MapMyIndia by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Financially, the company is doing well and its business model is sustainable. In spite of the fact that the IPO was purely OFS based, it attracted investors and got subscribed 154 times. The new edge technologies, such as SaaS, PaaS, and MaaS platform providers, are poised to have a bright future. The IPO got listed at Rs 1565 per share, which is a 51.50% premium ove...
Post listing view on MapMyIndia By Mr. Santosh Meena, Swastika Investmart Ltd
Post listing view on MapMyIndia By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
21/12/2021 11:29:34 AM
Post listing view on Shriram Properties IPO By Mr. Santosh Meena, Swastika Investmart Ltd Below is the Post listing view on Shriram Properties IPO by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd The IPO saw a muted demand on the back of losses where other real estate companies were booming in the last two years. In the upcoming years, real estate is likely to perform better, and only aggressive investors are advised to look at Shriram Properties, while others can opt for Sobha, Prestige, or Brigade. The IPO got listed at Rs 90 apiece which is a...
Post listing view on Shriram Properties IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Post listing view on Shriram Properties IPO By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
20/12/2021 11:15:44 AM
View on Tega Industry IPO Post Listing By Mr. Santosh Meena, Swastika Investmart Ltd Below are views on Tega Industry IPO Post Listing by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd. Tega industry is debuting the secondary market on expected line as the grey market was indicating a listing gain of 65-70%. The fundamentals of the company are very sound and the outlook for the industry is also bullish therefore long-term investors should hold this company into their portfolio while those who applied for listing gain can keep a stop loss...
View on Tega Industry IPO Post Listing By Mr. Santosh Meena, Swastika Investmart Ltd
View on Tega Industry IPO Post Listing By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
13/12/2021 12:19:55 PM
Nifty slipped below its 100-DMA amid broad-based selling led - Technologies names By Mr. Santosh Meena, Swastika Investmart Ltd Below are View on Today`s closing market By Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd. Nifty is continuing its corrections after a minor pullback where it has again slipped below its 100-DMA. The selling can be attributed to rising cases of omicron variant in India along with other countries whereas FIIs are also continuing to hold their hand on the sell button. There was a sharp selling on Tech stocks in the USA in Friday's trading session and the same was repl...
Nifty slipped below its 100-DMA amid broad-based selling led - Technologies names By Mr. Santosh Meena, Swastika Investmart Ltd
Nifty slipped below its 100-DMA amid broad-based selling led - Technologies names By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
6/12/2021 4:47:15 PM
Post listing view on Go Fashion India By Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on Post listing view on Go Fashion India by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Go Colors has a sturdy brand value with fluctuating revenues while the company moved into losses in FY21. However, as the number of working women is increasing along with the evolving fashion trends it is expected that the company can have a strong growth momentum. The company has a strong management team with a mixed bag of financials and it is expected ...
Post listing view on Go Fashion India By Mr. Santosh Meena, Swastika Investmart Ltd
Post listing view on Go Fashion India By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
30/11/2021 11:11:38 AM
Nifty is trying to respect its 20-week exponential moving average after a decent correction By Mr. Santosh Meena, Swastika Investmart Ltd Below are View on Today`s closing market By Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd. It was a Reliance day on the Indian equity market because Reliance alone contributed more than 85% of Nifty gain while healthcare stocks were also in good health today. It was a volatile trading session on the back of the F&O expiry especially for Banknifty which underperformed today. FIIs are selling relentlessly in our Indian market and we can again expect a big number today...
Nifty is trying to respect its 20-week exponential moving average after a decent correction By Mr. Santosh Meena, Swastika Investmart Ltd
Nifty is trying to respect its 20-week exponential moving average after a decent correction By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
25/11/2021 5:42:45 PM
Latent IPO listing view By Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on Latent IPO listing view by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd It is another stellar listing after a disappointment from Paytm that Indicates the market is ready and has an appetite to reward quality IPOs. The Latent view is a data analytics company and this industry is likely to grow by18-20% for the next 3 years. The strong part of the company is that it will be one of its kind listed company, experienced management, and quality c...
Latent IPO listing view By Mr. Santosh Meena, Swastika Investmart Ltd
Latent IPO listing view By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
23/11/2021 11:31:34 AM
Indian market witnessed a sharp sell-off today By Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on Indian market witnessed a sharp sell-off today by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Indian market witnessed a sharp sell-off in today's trading session amid stable global cues. We are in expiry week and expiry is all about momentum where last week, Nifty witnessed closing below its 50-DMA means momentum is in favor of bear. Heavyweight Reliance puts pressure on the market while withdrawal of Farm laws bills and poor per...
Indian market witnessed a sharp sell-off today By Mr. Santosh Meena, Swastika Investmart Ltd
Indian market witnessed a sharp sell-off today By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
22/11/2021 5:36:59 PM
Paytm continues its southward journey By Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on Paytm continues its southward journey by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Paytm is continuing its southward journey after listing on the back of liquidation by retail investors who were betting for listing gain however there is a lock-in period of 30 days for anchor investors. If we talk about the future outlook then it is still erratic because the market is not clear about its core business and timing of profitability.   W...
Paytm continues its southward journey By Mr. Santosh Meena, Swastika Investmart Ltd
Paytm continues its southward journey By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
22/11/2021 2:34:22 PM
Paytm post listing view By Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on Paytm post listing view by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Paytm, The biggest IPO in India so far debuted the secondary market on a weaker note as compared to our expectations of a flat listing. The company has a huge customer base with strong brand positioning and it has an early mover advantage in digital payment services however it is still a loss-making company and very aggressively priced therefore we saw a tepid response i...
Paytm post listing view By Mr. Santosh Meena, Swastika Investmart Ltd
Paytm post listing view By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
18/11/2021 11:56:49 AM
Sapphire Foods listing view By Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on Sapphire Foods listing view by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Sapphire was listed with moderate gain in line with our expectations. Sapphire food is a loss-making company however we have seen successful companies in the market from similar spaces. If we talk about the valuations then it is coming out with 7XFY21 sales while recently listed devyani international is trading at 14XFY21 therefore it is coming out with attractive va...
Sapphire Foods listing view By Mr. Santosh Meena, Swastika Investmart Ltd
Sapphire Foods listing view By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
18/11/2021 11:53:34 AM
Quote on Nykaa is debuting the secondary market By Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on Nykaa is debuting the secondary market by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Nykaa is debuting the secondary market on a strong note on the back of stellar response by the investors and strong fundamentals. It is among the few profitable new edge businesses furthermore it is a high-growth company and into the right business where it may continue to grow in double digits for many years. We are expecting upside momentum may contin...
Quote on Nykaa is debuting the secondary market By Mr. Santosh Meena, Swastika Investmart Ltd
Quote on Nykaa is debuting the secondary market By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
10/11/2021 11:01:24 AM
The market is heading Diwali with a mood of profit booking By Mr. Santosh Meena, Swastika Investmart Ltd Below is coming week market report by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd The market is heading Diwali with a mood of profit booking .  It was a second consecutive week of fall in the Indian equity market where Nifty and Sensex fell by around 2.5% and it was one of the worst week in 8 months. The sell-off can be attributed to relentless selling by FIIs where they have sold worth Rs15700cr last week in the cash market while they sold around Rs...
The market is heading Diwali with a mood of profit booking By Mr. Santosh Meena, Swastika Investmart Ltd
The market is heading Diwali with a mood of profit booking By Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
30/10/2021 4:44:30 PM
Reaction on post RBI Policy announcement by Mr. Santosh Meena, Swastika Investmart Ltd Below is Reaction on post RBI Policy announcement by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd The credit policy is neutral to positive for the market as the market was already expecting that interest will remain unchanged but the market is cheering on fact that there is no change in stance while ending GSAP is a little negative surprise but the governor's comment that he is ready to resume GSAP if there will be a requirement. The governor is confident...
Reaction on post RBI Policy announcement by Mr. Santosh Meena, Swastika Investmart Ltd
Reaction on post RBI Policy announcement by Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
8/10/2021 11:25:34 AM
Quote on today`s market report by Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on today`s market report by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Indian markets moved in sync with global markets today after a continuous outperformance. Moody's upgrade was already discounted therefore we were outperforming for the last few days despite a sharp surge in crude oil prices and we were also ignoring weak global markets, the higher dollar index, and the rise in US bond yields but finally market took cognizance of these...
Quote on today`s market report by Mr. Santosh Meena, Swastika Investmart Ltd
Quote on today`s market report by Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
6/10/2021 5:46:03 PM
Quote on Sensex hits 59k today by Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on Sensex hits 59k today by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd We are in a roaring and classical bull market where Nifty and Sensex continue to achieve new milestones and I believe this bull run may continue for the next 2-3 years while intermediate correction or shakeout phases can't be ruled out. If we talk about the near-term outlook then bullish momentum may continue in September month where Sensex can cross the psychological ...
Quote on Sensex hits 59k today by Mr. Santosh Meena, Swastika Investmart Ltd
Quote on Sensex hits 59k today by Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
16/09/2021 1:25:00 PM
Quote on PLI scheme announce by Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on PLI scheme announce by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd The Finance Ministry in the budget has announced the PLI scheme for three sectors. In today’s cabinet meeting the government has approved the PLI scheme for the auto sector to promote domestic manufacturing and create job opportunities. The cabinet approved incentives worth ₹26,058 crores to be provided to the industry over five years to promote the automotive technolo...
Quote on PLI scheme announce by Mr. Santosh Meena, Swastika Investmart Ltd
Quote on PLI scheme announce by Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
15/09/2021 6:00:24 PM
Nifty formed an indecisive Doji candlestick formation by Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on today’s market report by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Indian Equity markets join hands with global markets for a wait and watch mood ahead of Powell's speech in Jackson hole. Indian equity market witnessed a range-bound session today where we missed intraday volatility despite the August month F&O expiry.  All global markets are in wait and watch mood ahead of Jarom Powell's speech at the Jackson hol...
Nifty formed an indecisive Doji candlestick formation by Mr. Santosh Meena, Swastika Investmart Ltd
Nifty formed an indecisive Doji candlestick formation by Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
26/08/2021 5:00:10 PM
Quote on CarTrade IPO by Mr. Santosh Meena, Swastika Investmart Ltd Below is quote on CarTrade IPO by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd The market is giving premium valuations to the new edge technology companies where CarTrade is likely to debut in the secondary market on 19th August or 23rd August. We have to see how the CarTrade IPO will perform because retail investors' interest has come down significantly amid a correction in midcap and small-cap space but we saw decent subscription numbers by HNI...
Quote on CarTrade IPO by Mr. Santosh Meena, Swastika Investmart Ltd
Quote on CarTrade IPO by Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
17/08/2021 12:07:14 PM
Global cues will be important for Indian Market as Covid cases are rising in the US and China by Mr. Santosh Meena, Swastika Investmart Ltd Below is the post market report by Mr. Santosh Meena, Head of Research, Swastika Investmart Ltd Nifty and Sensex ended with a minor gain after a volatile trading session but the real pain was in the midcap and smallcap space as Nifty midcap index ended with a cut of 1.1% and BSE Smallcap index ended 2% lower while many stocks fell between 5-10%. IT stocks outperformed where the Nifty IT index ends with a gain of 0.87%. The pain in midcap and smallcap baskets can be attributed to ...
Global cues will be important for Indian Market as Covid cases are rising in the US and China by Mr. Santosh Meena, Swastika Investmart Ltd
Global cues will be important for Indian Market as Covid cases are rising in the US and China by Mr. Santosh Meena, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
10/08/2021 5:39:22 PM