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Below Quote Daily Market Analysis 18 August 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd It turned out to be a roller coaster ride on Friday as Nifty oscillated on both sides and ended lower. Meanwhile, the majority of sectors felt the heat wherein IT, realty and pharma were among the top losers. The broader indices too traded in sync and lost nearly half a percent each. Fresh weakness in the US markets is largely weighing on the sentiment however the pace...
Daily Market Analysis : Nifty would face first hurdle around 20 EMA, which currently lies around 19500 levels Says Mr. Ajit Mishra, Religare Broking
Below Quote On The Weekly Market Note By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets drifted lower for the third successive week and lost nearly half a percent. The tone was more of a consolidation for most of the week but a dip on Friday pushed the index in red. Consequently, both the benchmark indices, Nifty and Sensex, settled around the week’s low at 19428.30 and 65322.60 respectively. Meanwhile, a mixed trend on the sectoral ...
Weekly Market Note : Markets drifted lower for the third successive week and lost nearly half a percent Says Ajit Mishra, Religare Broking Ltd
Below the Market Analysis by Mr. Ajit Mishra, SVP - Technical Research, Religare Broking Ltd. Markets remained volatile on the weekly expiry day and lost nearly half a percent. After the initial downtick, Nifty oscillated in a range i.e. 19495-19625 and finally settled around the 19543.10 levels. The majority of sectors traded in tandem wherein FMCG, pharma and banking were the top losers. The broader indices too witnessed profit taking and ended in the red. Nifty has be...
Daily Market Analysis : Markets remained volatile on the weekly expiry day and lost nearly half a percent says Ajit Mishra, Religare Broking
Below Quote on Weekly Market Outlook 01 July 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets finally made a decisive move and reclaimed their record high after seven months. The tone was positive from the beginning, which further strengthened as the week progressed. Consequently, both benchmark indices, Nifty and Sensex, crossedthe new milestone- 19,000 and 64,000 respectively and settled around the week’s high as well. In sync with the...
Weekly Market Quote : Markets finally made a decisive move and reclaimed their record high after seven months Says Mr. Ajit Mishra, Religare Broking Ltd
Below Quote Daily Market Analysis 21 June 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets traded dull in a narrow band and ended marginally in the green amid mixed cues. Weak global cues were weighing on sentiment in early trades but noticeable strength in HDFC twins and rotational participation from select heavyweights helped Nifty to settle around the record high. Meanwhile, financials and energy posted decent gains among the sectoral p...
Daily Market Analysis : Markets traded dull in a narrow band and ended marginally in the green amid mixed cues Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 28 March 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets traded lackluster and ended marginally in the red, in absence of any major trigger. Initially, the Nifty index opened with an uptick but the gains fizzled out in no time and it remained range bound thereafter. A mixed trend was witnessed on the sectoral front wherein realty, IT and auto continue to reel under pressure while resilience in ...
Daily Market Analysis : On the index front, participants have been trying to defend 16,900 Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 20 March 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets started the week on a volatile note and lost over half a percent, in continuation to the prevailing trend. After the initial downtick, the Nifty index traded under pressure and slipped below Friday’s low; however, rebound in the select heavyweights trimmed the losses in the latter half. Eventually, it settled at the 16,988.40 level; down by 0.65%.&...
Daily Market Analysis : Markets started the week on a volatile note and lost over half a percent Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 13 March 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets started the week on a feeble note and lost nearly one and a half percent, in continuation to the prevailing trend. After the initial uptick, the Nifty index gradually drifted lower as the day progressed and finally settled at 17,154.30 levels. The selling pressure was widespread wherein banking, auto and IT majors were beaten down badly. The broade...
Daily Market Analysis : Markets started the week on a feeble note and lost nearly one and a half percent Says Mr. Ajit Mishra, Religare Broking
Below Quote On Weekly Market Analysis 11 March 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets resumed the corrective tone after a pause for a week and shed over a percent. The bias was positive in the initial sessions however weak global cues viz. lingering fear of sharp rate hikes by theUS Fed and fresh turmoil in the US banking space turned the tone completely in the final sessions. Consequently, both the benchmark indices, Nifty and Se...
Weekly Market Analysis : Markets resumed the corrective tone after a pause for a week and shed over a percent Says Mr. Ajit Mishra, Religare Broking
Below is on Weekly Note 11 February 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd It turned out to be a muted week as the benchmark indices hovered in a narrow range and ended almost unchanged. The tone was subdued from the beginning and mixed cues from both the domestic and global front capped the movement till the end. Consequently, the Nifty index settled flat at 17,856.50 levels. Among the sectoral indices, the decline continued in ener...
Weekly Note : Consequently, the Nifty index settled flat at 17,856.50 levels Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 10 February 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets traded in a narrow range and ended marginally lower amid mixed cues. Initially, weak global cues were weighing on sentiment however buying in select heavyweights capped the damage. Consequently, Nifty settled at 17856.5 levels; down by 0.21%. Meanwhile, most sectoral indices traded in sync with the trend and ended lower wherein metal and energy were among...
Daily Market Analysis : Consequently, Nifty settled at 17856.5 levels; down by 0.21% Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 09 February 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets traded volatile and ended marginally in the green amid mixed cues. Initially, weak global cues were weighing on sentiment however buying in select index majors helped the Nifty to pare losses and end around the day’s high. Meanwhile, mixed trend on the sectoral front kept the traders busy wherein IT and financials ended higher and metal, realty ...
Daily Market Analysis : Markets traded volatile and ended marginally in the green amid mixed cues Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 31 January 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets traded dull in a narrow range and ended marginally in the green, in continuation of the rebound of the previous session. After the flat start, the Nifty index hovered in a narrow range for most of the session and finally settled at 17,662.15 levels. Meanwhile, a mixed trend on the sectoral front kept the participants busy wherein buoyancy in the auto pack co...
Daily Market Analysis : Markets traded dull in a narrow range and ended marginally in the green Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 25 January 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets plunged sharply lower on the monthly expiry day and ended with a cut of over a percent. After the flat start, the Nifty index drifted gradually lower in the first half and remained in a narrow band thereafter. It finally settled at 17891.95 levels; down by 1.25%. Meanwhile, the selling pressure was widespread wherein banking & financials lost ...
Daily Market Analysis : Markets plunged sharply lower on the monthly expiry day and ended with a cut of over a percent Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 24 January 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets ended almost unchanged in a volatile trading session, in continuation to the prevailing consolidation phase. After the initial uptick, the Nifty index gradually drifted lower as the session progressed however buying in the select heavyweights capped the downside. Meanwhile, sectoral indices traded mixed wherein auto and IT managed to post decent gains...
Daily Market Analysis : Markets ended almost unchanged in a volatile trading session Says Mr. Ajit Mishra, Religare Broking
Markets started the week with an uptick and ended marginally higher. Upbeat global cues combined with favourable earnings announcements triggered a gap-up start which further strengthened with renewed buying in the IT majors. However, profit taking in energy, banking and cement heavyweights trimmed the gains as the day progressed. Finally, the Nifty index settled at 18118.55%; up by 0.5%. Meanwhile, the broader indices traded mixed wherein select buying in the midcap space helped the in...
Daily Market Analysis : Markets started the week with an uptick and ended marginally higher Says Mr. Ajit Mishra, Religare Broking
Quote on Weekly Market Outlook 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets consolidated in a narrow range for the fourth successive week and ended marginally higher. The tone was subdued in the beginning however buying in select heavyweights in the middle helped the index to inch higher. The bias again shifted southward in the final sessions due to profit taking in the global indices. Consequently, the benchmark indices, Nifty and Sensex, settled at 18,02...
Weekly Market Quote: Markets remained volatile and ended lower for the third successive week Says Mr. Ajit Mishra, Religare Broking Ltd
Below Quote Daily Market Analysis 11 January 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets traded volatile in a narrow range and ended almost unchanged, taking a breather after Tuesday’s decline. After the initial downtick, the Nifty oscillated in a range till the end and settled at 17895.70 levels. Meanwhile, most sectoral indices traded in line with the benchmark and closed marginally lower however rebound in banking and me...
Daily Market Analysis : Markets traded volatile in a narrow range and ended almost unchanged Says Mr. Ajit Mishra, Religare Broking
Quote on Weekly Market Outlook 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets started the first week of the calendar year on a subdued note and lost nearly a percent and a half, tracking feeble global cues. The tone was positive in the beginning but selling pressure in the last three sessions pushed the bulls on the back foot. Consequently, the benchmark indices, Nifty and Sensex, settled closer to the week’s low to close at 17,859.45 and 59900.37...
Weekly Market Quote : Market started the first week of the calendar year Says Mr. Ajit Mishra, Religare Broking Ltd
Below Quote Daily Market Analysis 05 January 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets traded volatile on the weekly expiry day and ended marginally in the red. After the flat start, the Nifty slipped below the crucial support of 18000 levels and inched gradually lower as the day progressed. However, a marginal rebound in the final hour trimmed losses and it finally settled at 17,992.15 levels. Meanwhile, a mixed trend was witnessed on t...
Daily Market Analysis : Markets traded volatile on the weekly expiry day and ended marginally in the red Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 03 January 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets ended marginally higher in a volatile trading session, in continuation to the prevailing consolidation phase. After the flat start, Nifty oscillated in a range till the end and finally settled around the upper band of the same to close at 18,232.55 levels. Meanwhile, a mixed trend on the sectoral pack combined with selective buying in broader indi...
Daily Market Analysis : Markets ended marginally higher in a volatile trading session Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 09 November 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets remained volatile and ended marginally lower, in absence of any major trigger. After the initial uptick, the Nifty index inched gradually lower as the session progressed and finally settled at 18,157 levels. The majority of sectors traded in line with the benchmark and ended flat to marginally lower. Meanwhile, the broader indices underperformed ...
Daily Market Analysis : Markets remained volatile and ended marginally lower, in absence of any major trigger Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 28 October 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets oscillated in a range and ended marginally higher, in continuation to the prevailing consolidation phase. The Nifty index opened with an uptick however profit taking trimmed gains as the day progressed. Most sectors ended lower however strong traction in two heavyweights viz. Reliance and Maruti helped auto and energy to close higher. Meanwhile, t...
Daily Market Analysis : Markets oscillated in a range and ended marginally higher Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 19 October 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets ended marginally higher in a volatile session, taking a breather after the recent rebound. After the initial uptick, Nifty witnessed a gradual decline as participants preferred to book some profits off the table and it finally settled at 17,512.25 levels. Most sectors traded in line with the move and ended flat to marginal in the green. The broader indi...
Daily Market Analysis : Markets ended marginally higher in a volatile session Says Mr. Ajit Mishra, Religare Broking
Below Quote Daily Market Analysis 18 October 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets inched higher for the second consecutive session and gained over a percent. Buoyancy in the global markets triggered a gap-up start in Nifty which further strengthened with the surge in index majors across sectors. It finally settled at 17,486.95 levels. All sectors contributed to the move wherein banking, energy, auto and FMCG were among the top perfor...
Daily Market Analysis : Markets inched higher for the second consecutive session and gained over a percent Says Mr. Ajit Mishra, Religare Broking
Below is the Weekly Market Note By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets ended 3-week long recovery spree and lost over 2%, pressurised by weak cues. The tone was negative from the beginning which further deteriorated as the week progressed. On the domestic front, the rate hike by the MPC came in line with the expectation however growing inflation concerns continue to rattle the markets. At the same time, pressure from the global indices further added ...
Weekly Market Note By Mr. Ajit Mishra, Religare Broking
Below is the Daily Market Analysis 06 June 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets traded lackluster and ended almost unchanged amid mixed cues. The start was muted on the back of weak global cues however recovery in metals and selective buying in financials pared all the losses. Consequently, the Nifty ended flat at 16,569.55 levels. On the sector front, a mixed trend was witnessed wherein realty, media and PSU banks were the top loser...
Daily Market Analysis 06 June 2022 By Mr. Ajit Mishra, Religare Broking
Below is the Weekly Market Note By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets remained volatile but managed to end marginally higher, taking comfort from global indices. The beginning was downbeat as factors like the continued outflow of foreign funds, and fear of a rise in fiscal deficit due to a cut in excise duty on petrol and diesel was weighing on the sentiment. However, the mood changed in the final sessions, thanks to a sharp recovery in the US indices. C...
Weekly Market Note By Ajit Mishra, Religare Broking
Below is the Daily Market Analysis 04 May 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets plunged sharply lower and settled with a cut of over 2%. Participants were in a cautious mood from the beginning ahead of the US Fed meeting outcome scheduled tonight. However, the surprise rate hike by the RBI caught the participants completely off-guard and triggered a kick-jerk reaction. Apart from the policy tightening, hawkish commentary on inflation drag...
Daily Market Analysis 04 May 2022 By Mr. Ajit Mishra, Religare Broking
Below is the Weekly Market Note By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets tightly held consolidation range for the second successive week and finally ended with a cut of nearly half a percent. Nervousness in global markets combined with a mixed start of Q4 earnings on the domestic front kept the volatility high throughout the week. Finally, the benchmark indices, Sensex and Nifty, settled at 57,060.87 and 17,102.55 respectively. On the sector front, most of ...
Weekly Market Note By Ajit Mishra, Religare Broking
Below is the Daily Market Analysis 04 April 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets started the week on a buoyant note and gained over 2%, in continuation of the prevailing recovery phase. The benchmark opened with a strong uptick, thanks to news of HDFC Bank and HDFC merger which further strengthened with buying in other index majors as the session progressed. Consequently, the Nifty index ended higher by 2.2% to close at 18,057 levels. Amongst ...
Daily Market Analysis 04 April 2022 By Mr. Ajit Mishra, Religare Broking
Below is the Weekly Market Note By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets posted strong gains and settled around the week’s high despite mixed global cues. A sharp decline in the crude combined with improvement in foreign flows boosted sentiment. However, the lingering tension over the Russia-Ukraine crisis and volatile global markets capped the momentum in check. Finally, the benchmark indices, Nifty and Sensex, gained over 3% each to close at 17,670....
Weekly Market Note By Ajit Mishra, Religare Broking
Below is the Weekly Market Note By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets extended rebound and gained nearly 4%, largely tracking favourable global cues. The optimism around the de-escalation of war between Russia and Ukraine combined with a sharp dip in the crude aided sentiments. Moreover, no negative surprise from the US Fed also came as a relief for investors. Consequently, both the benchmark indices, Sensex and Nifty, ended closer to the week’s hi...
Weekly Market Note By Ajit Mishra, Religare Broking
Below is the Daily Market Analysis 16 February 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets traded volatile for yet another session and ended marginally lower. After the initial fall, the benchmark tried to inch higher however profit taking in the final hours pared all the gains and pushed the index closer to the day’s low. Finally, the Nifty index ended the session down by 0.2% to settle at 17,322 levels. Amongst the sectors, most ended in...
Daily Market Analysis 16 February 2022 By Mr. Ajit Mishra, Religare Broking
Below is the Daily Market Analysis 18th October 2021 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Market started the week on a buoyant note and gained nearly a percent, tracking supportive global cues. After the gap up start, the benchmark hovered in a range till the end however movement on the stock-specific front kept the participants busy till the end. Finally, the Nifty index ended with gains of 0.8% to close at 18,472 levels. The broader markets too performed...
Daily Market Analysis 18th October 2021 By Ajit Mishra, Religare Broking
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