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Railway stocks gain on deal to connect Middle East via railways A potential infrastructure agreement encompassing ports and railroads being discussed by the leaders of the US, India, Saudi Arabia and other nations supported the outperformance of all railway stocks on Friday, said Vaibhav Vidwani, Research Analyst at Bonanza Portfolio. After news broke on Friday that the Ministry of Power planned to launch a tender to buy 4,000 MW of gas-based energy for around 20 days between September and November, shares of power were up by 1-4 per cent. Niche sec...
Railway stocks gain on deal to connect Middle East via railways
Railway stocks gain on deal to connect Middle East via railways
Source: IANS
8/09/2023 8:11:52 PM
PSU scrips MMTC, IRFC post strong rally PSU stocks were in the limelight in Monday’s trade as MMTC and IRFC were up by more than 19 per cent. Apart from IRFC, other railway stocks were also up including RVNL up by 11 per cent, IRCON up by 7 per cent. PSU metal stocks were also on fire with Nalco up 6 per cent, SAIL up more than 5 per cent and NMDC up 5 per cent. Coal India was the big gainer in the Nifty, up by more than 4 per cent. Except FMCG all sectors gave positive return with IT, PSU banks and metals rallyin...
PSU scrips MMTC, IRFC post strong rally
PSU scrips MMTC, IRFC post strong rally
Source: IANS
5/09/2023 9:26:13 AM
Nifty gives up all its gains to close flat   Domestic equities started on a strong note on the back of positive global cues. However, they witnessed profit booking in the last hour, leading to Nifty giving up all its gains and closing flat at 19,347 points, up 0.02 per cent or 4.80 points, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. The BSE Sensex ended 0.02 per cent or 11.43 points higher at 65,087.25 points. The broader market outperformed and continued its northbound journey...
Nifty gives up all its gains to close flat
Nifty gives up all its gains to close flat
Source: IANS
30/08/2023 4:46:37 PM
Small and midcap indices close at fresh all-time highs Nifty Smallcap and Midcap indices have managed to register fresh all-time highs on closing basis, Devarsh Vakil, Deputy Head of Retail Research at HDFC Securities, said on Tuesday. Breadth of the market is very strong as more than 83 per cent of NSE 500 stocks are placed above their respective 200 DMA, he said. In a volatile trading session, Nifty managed to close above the 19,300 mark at 19,343, its second consecutive session of gains, while the Sensex gained 79 points to end at 65,075...
Small and midcap indices close at fresh all-time highs
Small and midcap indices close at fresh all-time highs
Source: IANS
29/08/2023 6:08:52 PM
Nifty pares gains after three days of positive close 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 19,387 level, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. Nifty Midcap 100 outperformed the benchmark and ended in green. Sectorally, it was a mixed bag with buying seen in IT, Realty, FMCG and Banking space.  Railway stocks were in momentum on account of the strong order book and...
Nifty pares gains after three days of positive close
Nifty pares gains after three days of positive close
Source: IANS
24/08/2023 5:19:03 PM
Domestic as well as global markets expected to remain under pressure for week Investor sentiment remains subdued due to the high volatility of the global currency market, leading to a high depreciation of EM currencies, which affects the performance of equities, says Vinod Nair, Head of Research at Geojit Financial services. Indian indices encountered a week of vulnerability due to adverse global and domestic cues, accompanied by a shift towards safer assets by investors like the US dollar. Discouraging domestic industrial production, negative wholesale inflation...
Domestic as well as global markets expected to remain under pressure for week
Domestic as well as global markets expected to remain under pressure for week
Source: IANS
20/08/2023 2:47:21 PM
Rupee at 10-month low adds to selling pressure in stock market   Adding to the negative sentiment in stock markets, the rupee depreciated to near a 10-month low at 83.14, while the FII outflow of almost of Rs 10,000 crore in August so far also led to selling at higher levels, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. Domestic equities continued to witness pressure amid weak global cues. While Nifty opened lower and remained in the negative territory throughout the session to close with a loss of 100 p...
Rupee at 10-month low adds to selling pressure in stock market
Rupee at 10-month low adds to selling pressure in stock market
Source: IANS
17/08/2023 5:38:06 PM
Nifty selloff after RBI hawkish commentary Domestic equities got spooked post the hawkish commentary from RBI, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. Though RBI kept its Repo rate status quo unchanged at 6.5 per cent, it revised the inflation estimates for FY24 upwards to 5.4 per cent and imposed an incremental CRR of 10 per cent in near term. Nifty opened lower cautiously awaiting the outcome and witnessed sell-off post the RBI statement. It finally closed with a loss of 89 points (-0....
Nifty selloff after RBI hawkish commentary
Nifty selloff after RBI hawkish commentary
Source: Reuters
11/08/2023 9:10:50 AM
FII selling streak caps Nifty upside 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, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. Majority of the sectors ended in green with buying seen in IT & Pharma. Markets are likely to trade in a range ahead of RBI policy this week, he said. FIIs continued their selling streak for...
FII selling streak caps Nifty upside
FII selling streak caps Nifty upside
Source: IANS
8/08/2023 9:44:08 AM
Domestic equities gain after three days 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, Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said. Nifty opened gap up and moved higher to close with handsome gains of 135 points (+0.7 per cent) at 19517 levels. Action was also seen in the broader market with the Nifty midcap 100 and Nifty sma...
Domestic equities gain after three days
Domestic equities gain after three days
Source: IANS
4/08/2023 5:07:36 PM
Domestic equities trade on tepid note Domestic equities traded on a tepid note on account of ease in India’s manufacturing data and mixed set of earning reports, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. 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 per cent. Among sectors, IT, Metals, Pharma, and Private Banks ended in the green. Metal stocks saw a smart move on the back of expectatio...
Domestic equities trade on tepid note
Domestic equities trade on tepid note
Source: IANS
1/08/2023 6:06:49 PM
Nifty likely to cross 20K-mark on Friday Domestic equities are a breath away from the psychological levels of 20,000. Nifty opened flat on Thursday, but soon gained momentum to close with handsome gains of 146 points at 19,979 levels, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. All sectors ended in the green, except IT and consumer durables. BFSI, FMCG and pharma were the top gainers, up 1 pert cent each. On the backdrop of consistent FIIs buying (Rs 16,300 crore month till date), sound...
Nifty likely to cross 20K-mark on Friday
Nifty likely to cross 20K-mark on Friday
Source: IANS
20/07/2023 5:45:30 PM
Sensex closes above 66K, Nifty touches new high intraday A sharp rally in IT stocks powered the Sensex to close above the 66,000-mark for the first time ever on Friday. IT heavyweights led the rally as the BSE Sensex closed at 66,060, up 502 points. Among IT heavyweights, TCS was up 5.1 per cent, Tech Mahindra was up 4.4 per cent, while Infosys was up 4.4 per cent. HCL Tech was up 3.8 per cent, while Wipro was up 2.6 per cent. Vinod Nair, Head of Research at Geojit Financial Services, said that controlled inflation in the US has instill...
Sensex closes above 66K, Nifty touches new high intraday
Sensex closes above 66K, Nifty touches new high intraday
Source: IANS
14/07/2023 5:04:59 PM
Markets succumb to profit booking at higher levels Weak global cues and profit booking in domestic equities dragged the key indices down on Friday. Nifty opened lower and remained in negative territory throughout the session to close near the day’s low with a loss of 166 points (-0.8 per cent) at 19,332 levels. Siddhartha Khemka, Head-Retail Research, Motilal Oswal Financial Services, said the broader market too ended in red with the Nifty mid-cap 100 down by 0.8 per cent while the Nifty small-cap 100 was down 0.4 per cent. Except...
Markets succumb to profit booking at higher levels
Markets succumb to profit booking at higher levels
Source: IANS
7/07/2023 5:49:52 PM
Daily Market Commentary : Domestic equities witnessed an up-move led by broad-based buying 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 witnessed an up-move led by broad-based buying. HDFC twins too infused strength after the company announced the merger to be effective from 1st July. Nifty opened higher and traded in positive territory throughout the session to close with gains of 126 points at 18817 levels. All sectors including midcap and smallcap ended in the green. Fi...
Daily Market Commentary : Domestic equities witnessed an up-move led by broad-based buying Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities witnessed an up-move led by broad-based buying Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
27/06/2023 4:40:17 PM
Daily Market Commentary : Nifty Bank hit a fresh record high at 44,483 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 29 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities edge higher following global optimism after the US government reached a tentative agreement to raise the debt ceiling and avert a default. Nifty after giving a gap-up opening traded in positive territory throughout the session to close with gains of 99 points (+0.5%) at 18599 levels. Nifty Bank hit a fresh record high at 44,483 levels. Broa...
Daily Market Commentary : Nifty Bank hit a fresh record high at 44,483 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty Bank hit a fresh record high at 44,483 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
29/05/2023 5:43:32 PM
Daily Market Commentary : Indian equities moved higher supported by positive handover Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 26 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Indian equities moved higher supported by positive handover from the US markets and strong upmove in Index heavyweights. Nifty opened higher and strengthen throughout the session to close with hefty gains of 185 points (+1%) at 18506. India VIX declined by 4% at 11.9 levels. Also Consistent FIIs buying supporting the overall positivity. All sectors ended in ...
Daily Market Commentary : Indian equities moved higher supported by positive handover Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Indian equities moved higher supported by positive handover Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
26/05/2023 4:47:38 PM
Daily Market Commentary : Weakness in global markets dragged domestic indices down Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 24 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Weakness in global markets dragged domestic indices down as the overhang of US debt ceiling negotiation influenced sentiments. Nifty opened lower and witnessed selling pressure throughout the session to close with a loss of 63 points at 18285 levels. Broader markets were mixed with Midcap 100 up 0.2% while small-cap 100 ended flat to negative. Most sectors e...
Daily Market Commentary : Weakness in global markets dragged domestic indices down Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Weakness in global markets dragged domestic indices down Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
24/05/2023 5:30:44 PM
Daily Market Commentary : Nifty opened on a strong note Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 23 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty opened on a strong note. However, profit booking in the last hour dragged indices down to close with marginal gains of 33 points at 18348 levels. All sectors ended in the green, except IT, Realty and Consumer sectors. Markets have gained momentum in the last three sessions and are gradually inching higher towards 18450 – 18500 levels. We exp...
Daily Market Commentary : Nifty opened on a strong note Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened on a strong note Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
23/05/2023 5:19:20 PM
Daily Market Commentary : Metals were the top gainers up 3%, followed by IT up 2% Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 22 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty opened on a flat but gradually recovered to close with gains of 111 points (+0.6%) at 18314 levels. The broader market too ended in line with the Nifty midcap 100 and smallcap 100 up 0.6%. All sectors ended in the green, except for Banking and Financials. Metals were the top gainers up 3%, followed by IT up 2%. The market has resumed its upward journey...
Daily Market Commentary : Metals were the top gainers up 3%, followed by IT up 2% Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Metals were the top gainers up 3%, followed by IT up 2% Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Geojit Financial Services Ltd
22/05/2023 4:20:18 PM
Daily Market Commentary : Nifty remained sideways for the most part of the day Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 19 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty remained sideways for the most part of the day. The index, however, recovered during the last hour of trade to close with gains of 76 points at 18207 levels. IT, Realty, and Auto were top gainers today while Pharma and FMCG were laggards. The broader market came under pressure and ended flat. On the global front, investors cheered the possibility of a ...
Daily Market Commentary : Nifty remained sideways for the most part of the day Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty remained sideways for the most part of the day Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
19/05/2023 4:48:49 PM
Daily Market Commentary : Domestic equities remained lackluster ahead of US PMI data Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 17 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Global jittery spooks domestic indices. Nifty opened positive but soon gave up its gains for the second consecutive day to close with a loss of 105 points (-0.6%) at 18182 levels. Except for FMCG and Auto, all sectors ended in the red. Nifty smallcap 100 outperformed and closed with gains of +0.6%. Global markets are seeing a selloff as the debt ce...
Daily Market Commentary : Domestic equities remained lackluster ahead of US PMI data Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities remained lackluster ahead of US PMI data Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
17/05/2023 4:46:58 PM
Daily Market Commentary :Nifty opened lower and saw some profit booking amid volatility Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 05 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty opened lower and saw some profit booking amid volatility. The index closed with a loss of 188 points at 18068 levels. HDFC twins were major losers today, dragging benchmark and Banking indices down. The majority of the sectors ended in red. Despite weak global markets, Indian equities remained resilient on the back of positive economic data, Healthy Q4...
Daily Market Commentary :Nifty opened lower and saw some profit booking amid volatility Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary :Nifty opened lower and saw some profit booking amid volatility Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
5/05/2023 5:22:10 PM
Daily Market Commentary : Nifty opened lower and traded in a narrow range throughout the day to close with a loss of 58 points at 18089 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 03 May 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty opened lower and traded in a narrow range throughout the day to close with a loss of 58 points at 18089 levels. Sectorially it was a mixed bag with FMCG being a major gainer. Sectors like aviation, FMCG cement, paints and tyres saw good momentum, benefitting from the fall in oil prices. For now, investors are waiting for the US Fed policy-meeting outcome, w...
Daily Market Commentary : Nifty opened lower and traded in a narrow range throughout the day to close with a loss of 58 points at 18089 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened lower and traded in a narrow range throughout the day to close with a loss of 58 points at 18089 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
3/05/2023 4:53:11 PM
Daily Market Commentary : Nifty remained subdued for most of the day Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 13 April 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Equity markets globally were lacklustre despite inflation cooling off as Sentiments took a hit after FOMC minutes suggested that the U.S. banking crisis is likely to bring a recessionary environment later this year.  Back home, a cautious outlook by IT giant TCS posts its Q4 numbers led to a weak start. Nifty remained subdued for most of the day. Howe...
Daily Market Commentary : Nifty remained subdued for most of the day Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty remained subdued for most of the day Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
13/04/2023 5:37:02 PM
Daily Market Commentary : Indian equities continued to remain buoyant for eight consecutive day Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 12 April 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Indian equities continued to remain buoyant for eight consecutive day. Nifty opened positive and gained strength throughout the session to close near day’s high with gains of 90 points at 17812 levels. Pharma index (+2.2) was the top gainer today followed by IT (+1%) and auto (+1%). FMCG, PSU Bank and Realty stocks witnessed profit booking and closed...
Daily Market Commentary : Indian equities continued to remain buoyant for eight consecutive day Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Indian equities continued to remain buoyant for eight consecutive day Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
12/04/2023 4:59:07 PM
Daily Market Commentary : Nifty opened positive in line with global peers Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 27 February 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Nifty opened positive in line with global peers, but soon gave up its initial gains. The index traded in red for the remaining part of the day to finally close with loss of 34 points at 16952 levels. Except Banking and financial services, all sector ended in red. There are no clear cues from the global markets, as they remain cautious due to t...
Daily Market Commentary : Nifty opened positive in line with global peers Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened positive in line with global peers Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
28/03/2023 5:20:34 PM
Daily Market Commentary : Domestic equities remained lackluster ahead of US PMI data Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 24 February 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities remained lacklustre amid mixed global cues. Nifty opened higher, but witnessed selling pressure throughout the session to close with loss of 46 points at 17465. Except Pharma, O&G and Consumer, all sectors ended in red. Markets declined continuously for seven trading session with Nifty closing near three week’s low. In the near te...
Daily Market Commentary : Domestic equities remained lackluster ahead of US PMI data Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities remained lackluster ahead of US PMI data Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
25/02/2023 11:28:15 AM
Daily Market Commentary : We expect market to remain weak for next few days amid monthly derivatives expiry Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 22 February 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Panic was seen across equities globally ahead of the release of the minutes from the last U.S. Federal Reserve meeting. While the key US macro data pointed towards a stronger economy, inflation continued to remain stubbornly higher. Hence, there is an increasing fear that the Fed may remain hawkish for a longer duration than expected, which may even for...
Daily Market Commentary : We expect market to remain weak for next few days amid monthly derivatives expiry Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : We expect market to remain weak for next few days amid monthly derivatives expiry Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
22/02/2023 4:46:39 PM
Daily Market Commentary : Domestic equities remained lackluster ahead of US PMI data Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 20 February 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities remained lackluster ahead of US PMI data to be released later in the day and Fed minutes due to be released on Wednesday. Nifty opened positive but see-sawed in a narrow range and finally ended flat with a minor loss of 18 points (-0.1%) at 17827 levels. Broader market too was down -0.4%. Majority of the sectors ended in red. FMCG, Con...
Daily Market Commentary : Domestic equities remained lackluster ahead of US PMI data Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities remained lackluster ahead of US PMI data Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
21/02/2023 5:04:53 PM
Daily Market Commentary : We expect market to remain sideways due to lack of fresh positive triggers Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 20 February 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty opened positive in line with Asian peers but soon drifted into red on account of caution ahead of Fed minutes due to be released on Wednesday. It finally closed with loss of 100 points (-0.6%) at 17845 levels. Broader markets were resilient with Midcap 100 up +0.1% while Smallcap100 was down just -0.3%. Barring Auto & IT, rest all the sectors ...
Daily Market Commentary : We expect market to remain sideways due to lack of fresh positive triggers Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : We expect market to remain sideways due to lack of fresh positive triggers Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
20/02/2023 5:31:10 PM
Daily Market Commentary : Domestic equities snapped their three-day gains to end lower on the back of weak global cues Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 17 February 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities snapped their three-day gains to end lower on the back of weak global cues. Nifty opened lower and remained under pressure throughout the session to end with loss of 92 points (-0.5%) at 17944 levels. Even broader market ended lower on similar lines with majority of the sectors down. Higher US inflation data and lower jobless claim data led...
Daily Market Commentary : Domestic equities snapped their three-day gains to end lower on the back of weak global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities snapped their three-day gains to end lower on the back of weak global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
17/02/2023 5:26:41 PM
Daily Market Commentary : Domestic equities took a pause after two consecutive days of gains to end on a flattish note Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 16 February 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities took a pause after two consecutive days of gains to end on a flattish note. Nifty witnessed selling pressure throughout the day and lost almost 100 points from day’s high to close with marginal gains of 20 points. It however managed to stay above 18k mark to end the day at 18035. Global cues were positive after US retail sales data ro...
Daily Market Commentary : Domestic equities took a pause after two consecutive days of gains to end on a flattish note Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities took a pause after two consecutive days of gains to end on a flattish note Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
16/02/2023 5:02:39 PM
Daily Market Commentary : Indian equities gained for second consecutive day despite mixed global cues Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 15 February 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Indian equities gained for second consecutive day despite mixed global cues. US CPI inflation came slightly above expectation at 6.4% raised fears of a hawkish Fed. Nifty opened flat but gained strength in the last one hour to reclaim 18k mark. It closed near day’s high with gains of 86 points at 18016 levels. Except FMCG and Pharma, all sector ended i...
Daily Market Commentary : Indian equities gained for second consecutive day despite mixed global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Indian equities gained for second consecutive day despite mixed global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
15/02/2023 5:29:53 PM
Daily Market Commentary : We expect market to consolidate in a range on back of global volatility Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 19 January 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities reacted to weak US economic data and hawkish commentary from US Fed. After two days of positive momentum, Nifty opened lower and consolidated throughout the session to close with loss of 58 points at 18,108. Except PSU Banks and Oil & Gas, all sectors ended in red. We expect market to consolidate in a range on back of global volatil...
Daily Market Commentary : We expect market to consolidate in a range on back of global volatility Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : We expect market to consolidate in a range on back of global volatility Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
19/01/2023 6:08:34 PM
Daily Market Commentary : Expectation of healthy earnings could cap the downside Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 10 January 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities witnessed resumption of selling after one day of relief. Nifty opened positive but soon gave up its initial gains to close with loss of 176 points (-1%) at 17925 levels. Except Auto, all sectors ended in red. Profit booking in Bank & Financials, Technology along with Metal stocks dragged the indices lower. Q3 earning season has kick star...
Daily Market Commentary : Expectation of healthy earnings could cap the downside Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Expectation of healthy earnings could cap the downside Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
10/01/2023 6:08:48 PM
Daily Market Commentary 09 January 2023 By Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 09 January 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities saw some support base buying after witnessing selling pressure last week, largely helped by rally in global markets. Nifty snapped its 3 day losing streak and strengthened during the day to close with gains of 242 points (+1.4%) at 18101 levels. Except Consumer Durables, buying was visible across the sectors with IT, Metals, PSU Banks a...
Daily Market Commentary 09 January 2023 By Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary 09 January 2023 By Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
9/01/2023 6:23:34 PM
Daily Market Commentary 02 January 2023 By Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 02 January 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Markets welcomed 2023 on a high spirit in the absence of global cues. Strong macros and expectations of healthy corporate earnings provided the support to domestic equites. India’s manufacturing PMI rose to 13month high to 57.8 in December, while, GST collection too rose by 15% in Dec’2022 to ?1.49 lakh crore, thus, supporting overall sentiments i...
Daily Market Commentary 02 January 2023 By Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary 02 January 2023 By Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
2/01/2023 5:05:13 PM
Daily Market Commentary we expect markets to remain sideways in a range in the near term By Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 30 December 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.   Domestic equities ended the last day of the year on a sombre note with profit booking pulling down the index in the last 30 minutes. Nifty closed with loss of 86 points at 18105. Sector-wise it was mixed bag with momentum continuing in PSU Bank (+1%). Indian equities missed its Santa rally in the month of December’22 despite Nifty mak...
Daily Market Commentary we expect markets to remain sideways in a range in the near term By Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary we expect markets to remain sideways in a range in the near term By Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd.
30/12/2022 5:32:02 PM
Daily Market Commentary : Domestic equities came under pressure after worsening of covid situation Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 21 December 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Domestic equities came under pressure after worsening of covid situation in China and sudden spurt of cases being witnessed in USA, Korea, Brazil, and Japan. Nifty opened positive but soon witness selling after Centre issues advisory to states to step up measures to tackle the new Covid wave. The index closed near days’ low with loss of 186 points ...
Daily Market Commentary : Domestic equities came under pressure after worsening of covid situation Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic equities came under pressure after worsening of covid situation Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
21/12/2022 5:20:35 PM
Daily Market Commentary : Domestic indices pared its early gains despite strength in global peers Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 12 December 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic indices pared its early gains despite strength in global peers. Weak Nov Mutual Fund inflow data and downbeat outlook by IT giant HCL tech led to some profit booking in the market. Nifty opened positive but reversed its initial gains to close with loss of 113 points at 18497 levels. Buying was seen in FMCG, Pharma and Banking sector stocks. IT secto...
Daily Market Commentary : Domestic indices pared its early gains despite strength in global peers Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic indices pared its early gains despite strength in global peers Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
12/12/2022 5:34:55 PM
Daily Market Commentary : The positive momentum in Indian markets to continue buoyed by positive global cues Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 24 November 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Indian equities had a stupendous day on the monthly F&O expiry with key benchmark indices touching record levels. While the Sensex hit its all-time high, Nifty was just 74 points away from its life highs. Nifty hit a fresh 52W high and made a record high on closing basis. Bank Nifty continued to make new highs and closed above 43k for the first time...
Daily Market Commentary : The positive momentum in Indian markets to continue buoyed by positive global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : The positive momentum in Indian markets to continue buoyed by positive global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
24/11/2022 5:29:02 PM
Daily Market Commentary : Domestic markets showed some strength on Tuesday after 3 consecutive days of fall despite mixed global cues Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 22 November 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic markets showed some strength on Tuesday after 3 consecutive days of fall despite mixed global cues. Nifty opened positive and witnessed some last hour buying leading the index to close with gains of 84 points at 18,244. Market breadth was also good with most sectors except realty closed in green. India VIX has cooled down to the lowest in two y...
Daily Market Commentary : Domestic markets showed some strength on Tuesday after 3 consecutive days of fall despite mixed global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Domestic markets showed some strength on Tuesday after 3 consecutive days of fall despite mixed global cues Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
22/11/2022 5:03:14 PM
Daily Market Commentary : Nifty opened positive but soon drifted into red and remained under pressure throughout the day Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 18 November 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities witnessed selling pressure amid mixed global cues. Nifty opened positive but soon drifted into red and remained under pressure throughout the day. It recovered in the last hour and closed with loss of just 36 points at 18308 levels. Except PSU Bank, all sectors were in Red, though some fresh buying was seen in IT and financials towards...
Daily Market Commentary : Nifty opened positive but soon drifted into red and remained under pressure throughout the day Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty opened positive but soon drifted into red and remained under pressure throughout the day Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
18/11/2022 5:31:54 PM
Daily Market Commentary : We expect market to continue its northbound movement ays Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 07 November 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic indices continued its positive momentum in line with its global peers. Nifty opened higher and remained firm throughout the session to close with gains of 86 points at 18203 levels. Lot of stock specific action is being seen in the market as the results unfold. Tyre stocks were in lime light on back of expectation of good 2Q numbers and stable ...
Daily Market Commentary : We expect market to continue its northbound movement ays Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : We expect market to continue its northbound movement ays Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
8/11/2022 12:17:42 PM
Daily Market Commentary : Indian markets flat on the back of mixed global cues and soon drifted into red Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 02 November 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Indian markets flat on the back of mixed global cues and soon drifted into red, witnessing profit booking at higher levels. Nifty lost 63 points but managed to close above 18k levels at 18083. Global markets were trading on a mixed note in caution over the FOMC outcome. All eyes would be on the FED’s rate hike decision and commentary. On the domes...
Daily Market Commentary : Indian markets flat on the back of mixed global cues and soon drifted into red Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Indian markets flat on the back of mixed global cues and soon drifted into red Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
2/11/2022 5:27:21 PM
Daily Market Commentary : Indian markets are likely to continue with its positive momentum Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 01 November 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Despite several events lined up during the week including FED policy meeting, global markets surged on back of healthy quarterly results. Positive momentum continued in the Indian equities as well with Nifty gaining another 133 points to close at 18145 – its highest closing since 17th Jan 2022. Sector wise, action was seen in Metal and Pharma stocks. P...
Daily Market Commentary : Indian markets are likely to continue with its positive momentum Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Indian markets are likely to continue with its positive momentum Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
1/11/2022 5:45:30 PM
Daily Market Commentary :Nifty remained firm in the first half of the session Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 21 October 2022 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Domestic equities opened on a positive note despite weakness in global markets. Nifty remained firm  in the first half of the session. However, last hour profit booking dragged the index down with Nifty closing with marginal gains of 12 points at 17576 levels. Except Banking and Financial, all other sectors ended in red. Markets seems to have e...
Daily Market Commentary :Nifty remained firm in the first half of the session Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary :Nifty remained firm in the first half of the session Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
21/10/2022 5:29:39 PM