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Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services Below Quote on Weekly market outlook 09 Septmeber 2023 By Vinod Nair, Head of Research at Geojit Financial Services "Domestic indices experienced a gradual rally throughout the week, buoyed by strong domestic macroeconomic data such as robust GDP and PMI figures, which painted a positive outlook for the domestic market. Despite a mixed global trend marked by weak cues, Indian equities remained resilient, supported by this strong economic outlook. Global concerns were sp...
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
9/09/2023 10:05:07 AM
Market Quote : This optimism was most prominent in banking stock Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 07 September 2023 By Vinod Nair, Head of Research at Geojit Financial Services "The domestic market initially opened with a lackluster performance, influenced by weak global cues. However, as the day progressed, a decline in U.S. bond yields and crude oil prices injected some positivity into the market. This optimism was most prominent in banking stocks. Interestingly, mid- and small-cap stocks managed to retain investor interest even though t...
Market Quote : This optimism was most prominent in banking stock Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : This optimism was most prominent in banking stock Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
7/09/2023 5:09:42 PM
Market Quote : A spike in crude oil reverberated across the globe, reviving concerns about inflation Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 06 September 2023 By Vinod Nair, Head of Research at Geojit Financial Services "A spike in crude oil reverberated across the globe, reviving concerns about inflation and sparking fears of a Fed rate hike. This led to a surge in U.S. bond yields, causing investors to shift towards the safety of bonds and reversing the buying trend of foreign investors in the domestic market. Nevertheless, the resilience of the domestic markets shone through as ...
Market Quote : A spike in crude oil reverberated across the globe, reviving concerns about inflation Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : A spike in crude oil reverberated across the globe, reviving concerns about inflation Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
6/09/2023 5:47:56 PM
Nifty up for fourth consecutive day even as crude prices rise Nifty closed on a positive note for the fourth consecutive session as most of the sectoral indices were in green with Nifty FMCG and Nifty Pharma leading the way with gains of 1 per cent and 0.90 per cent, respectively, while some of the sectors faced profit booking like Nifty Metal and Nifty PSU Bank, said Vaibhav Vidwani, Research Analyst at Bonanza Portfolio. While Nifty 50 added 36 points to end the day at 19,611, Sensex gained 100 points to close at 65,880. Sharp rise in oil prices...
Nifty up for fourth consecutive day even as crude prices rise
Nifty up for fourth consecutive day even as crude prices rise
Source: IANS
6/09/2023 4:57:15 PM
Quote on Mid and Small Cap Valuation from Vinod Nair, Geojit Financial Services  Below the quote on Mid and Smallcaps Valuation from Vinod Nair, Head of Research at Geojit Financial Services. "We believe that the valuation of Mid & Smallcaps remains appealing when compared to the trends of the past seven years. Specifically, Smallcaps appear to be even more attractive than Midcaps in the current scenario. However, considering the overall market consolidation, it's not an ideal environment for investing in high-risk categories, leading to mixed o...
Quote on Mid and Small Cap Valuation from Vinod Nair, Geojit Financial Services
Quote on Mid and Small Cap Valuation from Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
6/09/2023 12:15:22 PM
Market Quote : Strong domestic factors are providing crucial support for Indian equities Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 05 September 2023 By Vinod Nair, Head of Research at Geojit Financial Services Strong domestic factors are providing crucial support for Indian equities, allowing them to maintain their strength despite attempts by weak global peers to disrupt the mood. India's service PMI remains robust at 60.2, indicating sustained demand even in the face of inflationary pressures. Notably, small and mid-cap stocks have been standout performers, with both indices reach...
Market Quote : Strong domestic factors are providing crucial support for Indian equities Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Strong domestic factors are providing crucial support for Indian equities Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
5/09/2023 5:05:30 PM
Market Quote : Despite profit booking in Nifty Auto after reaching an all-time high Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 04 September 2023 By Vinod Nair, Head of Research at Geojit Financial Services "Recent releases of domestic macroeconomic data have portrayed a positive picture for the domestic markets, allowing them to maintain their momentum. Despite profit booking in Nifty Auto after reaching an all-time high, the market regained its footing with robust buying in IT stocks. The increase in the US unemployment rate has solidified expectations of a pause in rate hikes...
Market Quote : Despite profit booking in Nifty Auto after reaching an all-time high Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Despite profit booking in Nifty Auto after reaching an all-time high Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
4/09/2023 5:21:10 PM
Market sentiments this week to be driven by global cues In the absence of any major triggers from the domestic market, sentiments will be driven by global cues, including the release of US payroll and PMI data, says Vinod Nair, Head of Research at Geojit Financial Services. The domestic market witnessed a significant rally at the end of the week, driven by higher-than-expected domestic manufacturing PMI and positive GDP growth data, reflecting a robust economic outlook, he said. Favourable global cues also played a role in this upturn. Notab...
Market sentiments this week to be driven by global cues
Market sentiments this week to be driven by global cues
Source: IANS
3/09/2023 11:58:21 AM
Weekly market outlook : Investor sentiments were mostly cloudy due to mixed market trends on the global and domestic fronts Says Vinod Nair, Geojit Financial Services Below Quote on Weekly market outlook 02 Septmeber 2023 By Vinod Nair, Head of Research at Geojit Financial Services   "Investor sentiments were mostly cloudy due to mixed market trends on the global and domestic fronts. Concerns about the progress of US policy measures weighed on both domestic and global markets after the Fed Chair expressed his commitment to managing inflation within target bounds. Additionally, lacklustre economic data from Europe contributed ...
Weekly market outlook : Investor sentiments were mostly cloudy due to mixed market trends on the global and domestic fronts Says Vinod Nair, Geojit Financial Services
Weekly market outlook : Investor sentiments were mostly cloudy due to mixed market trends on the global and domestic fronts Says Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
2/09/2023 10:23:19 AM
Market Quote : Domestic markets made significant gains, buoyed by favourable global cues Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 01September 2023 By Vinod Nair, Head of Research at Geojit Financial Services Domestic markets made significant gains, buoyed by favourable global cues, a higher-than-expected domestic manufacturing PMI, and positive GDP growth data. This robust economic outlook propelled key manufacturing sectors to lead the rally, while strong sales figures generated increased interest in auto stocks. The positive opening in global markets provided additional momentum for ...
Market Quote : Domestic markets made significant gains, buoyed by favourable global cues Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Domestic markets made significant gains, buoyed by favourable global cues Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
1/09/2023 4:39:00 PM
Market Quote : Global markets joined the trend as Eurozone inflation persisted at 5.3% as per preliminary estimates Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 31 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services "A slew of weak economic indicators from the US, including a softened GDP figure, have heightened the likelihood of a pause in the Fed’s rate tightening, resulting in a downward trajectory of bond yields. However, this development had a limited impact on domestic sentiment on the day of expiry, with the market experiencing declines ahead of the release of India&#...
Market Quote : Global markets joined the trend as Eurozone inflation persisted at 5.3% as per preliminary estimates Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Global markets joined the trend as Eurozone inflation persisted at 5.3% as per preliminary estimates Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
31/08/2023 5:17:44 PM
Market Quote : Positive sentiment initially propelled domestic equities Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 30 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services "Positive sentiment initially propelled domestic equities, buoyed by softer US labour market data that caused a retreat in US bond yields, alleviating concerns about rate hikes. This positive outlook was reinforced by Chinese banks' move to reduce existing mortgage rates, favourably impacting Indian metal stocks. However, gains were tempered as the day progressed, ...
Market Quote : Positive sentiment initially propelled domestic equities Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Positive sentiment initially propelled domestic equities Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
30/08/2023 5:35:20 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
Market Quote : The highly anticipated Jackson Hole meeting didn`t bring much surprise Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 28 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services "The highly anticipated Jackson Hole meeting didn’t bring much surprise, as the Fed chair expressed satisfaction with the progress of policy measures and reiterated its commitment to managing inflation within target bounds. This has raised expectations of a rate hike during the November Fed meeting. Global markets traded positively, led by Asian peers, as China&#...
Market Quote : The highly anticipated Jackson Hole meeting didn`t bring much surprise Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : The highly anticipated Jackson Hole meeting didn`t bring much surprise Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
28/08/2023 5:02:37 PM
Short term trend of Nifty continues to be negative, say analysts The short term trend of Nifty continues to be negative and there is a possibility of some more weakness in the coming sessions, says Nagaraj Shetti, Technical Research Analyst, HDFC Securities. However, a sizable upside bounce from the important lower support of 19K mark can't be ruled out in the near term. Immediate resistance is placed at 19,380 levels, he said. Rupak De, Senior Technical analyst at LKP Securities said the Nifty index has declined to a significant moving average (...
Short term trend of Nifty continues to be negative, say analysts
Short term trend of Nifty continues to be negative, say analysts
Source: IANS
27/08/2023 12:31:12 PM
Weekly market outlook : Investors are eagerly awaiting insights from Fed officials to gauge the future prospects of rate hikes Says Vinod Nair, Geojit Financial Services Below Quote on Weekly market outlook 25 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services   "The domestic market experienced another week of losses as investor sentiment was influenced by the forthcoming Jackson Hole meeting outcome. Investors are eagerly awaiting insights from Fed officials to gauge the future prospects of rate hikes. Despite a slight softening due to a weak US PMI, US bond yields remained elevated. The US Manufactur...
Weekly market outlook : Investors are eagerly awaiting insights from Fed officials to gauge the future prospects of rate hikes Says Vinod Nair, Geojit Financial Services
Weekly market outlook : Investors are eagerly awaiting insights from Fed officials to gauge the future prospects of rate hikes Says Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
25/08/2023 5:24:31 PM
Market Quote : Investor caution is evident globally, as concerns about potential rate hikes Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 25 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services "Investor caution is evident globally, as concerns about potential rate hikes dominate the prevailing sentiment ahead of the Jackson Hole meeting. Furthermore, the minutes from the RBI MPC meeting reiterated their dedication to managing inflation within the target range, given the elevated domestic inflation levels. However, the expectation of a rate hike remains subdued, a...
Market Quote : Investor caution is evident globally, as concerns about potential rate hikes Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Investor caution is evident globally, as concerns about potential rate hikes Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
25/08/2023 4:33:21 PM
Market Quote : Optimism in the domestic market was more visible in the IT sector Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 24 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services   The US market exhibited a positive trend as declining US PMI ignited hopes of a prolonged rate pause, calming US bond yields. Optimism in the domestic market was more visible in the IT sector, though sentiments were reversed in other major sectors, likely influenced by the prevailing global uncertainties. Despite this, mid- and small-cap stocks demonstrated resili...
Market Quote : Optimism in the domestic market was more visible in the IT sector Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Optimism in the domestic market was more visible in the IT sector Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
24/08/2023 4:48:05 PM
Market Quote : Global markets have restrained from making significant moves as they await the outcome of the central bankers Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 23 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services "Global markets have restrained from making significant moves as they await the outcome of the central bankers' gathering at Jackson Hole scheduled for Friday. With the earnings season nearing its end, the heightened possibility of another rate hike in the US, along with the resultant increase in bond yields, are expected to keep the global market’s volatilit...
Market Quote : Global markets have restrained from making significant moves as they await the outcome of the central bankers Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Global markets have restrained from making significant moves as they await the outcome of the central bankers Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
23/08/2023 5:13:02 PM
Nifty ends higher for the third session Nifty overcame early volatility to end higher for the third session on Wednesday. At close, Nifty was up 0.25 per cent or 47.6 points at 19,444, while the Sensex rose 213 points to settle at 65,433.30. Volumes on the NSE was higher than the previous two days. The broad market indices rose more than the Nifty even as the advance decline ratio remained firm at 1.47:1, said Deepak Jasani, Head of Retail Research at HDFC Securities. The Indian market recovered after long consolidation, as m...
Nifty ends higher for the third session
Nifty ends higher for the third session
Source: IANS
23/08/2023 5:07:08 PM
Nifty ends flat despite supportive global markets Nifty swung between gains and losses on Tuesday and closed almost flat despite supportive global markets, says Deepak Jasani, Head of Retail Research, HDFC Securities. At close, Nifty was up 0.01 per cent or 2.9 points at 19396.5. Volumes on the NSE continued to be on the lower side. Broad market indices gained 0.9-0.95 per cent outperforming the Nifty even as the advance decline ratio remained firm at 1.79:1. Global stocks extended their comeback rally on Tuesday. Asian stock markets s...
Nifty ends flat despite supportive global markets
Nifty ends flat despite supportive global markets
Source: IANS
22/08/2023 6:24:20 PM
Market Quote : Despite the support of positive international markets Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 22 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services "Despite the support of positive international markets, Indian equities struggled to maintain their upward momentum due to lingering apprehensions over ongoing global uncertainties. Sectors closely tied to the Western economy, such as IT and pharma, faced challenges, while domestic-oriented sectors, alongside mid- and small-caps, exhibited resilience and gained tractio...
Market Quote : Despite the support of positive international markets Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Despite the support of positive international markets Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
22/08/2023 5:04:23 PM
Market Quote : A rebound in the global market after a significant correction prompted buying in domestic equities Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 21 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services A rebound in the global market after a significant correction prompted buying in domestic equities, particularly within the IT sector. However, the potential for volatility to linger in the near term remains due to the increasing dollar index and elevated US bond yields, fuelled by concerns about rate hikes. Investors are keenly observing the commentary from the Fed chair d...
Market Quote : A rebound in the global market after a significant correction prompted buying in domestic equities Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : A rebound in the global market after a significant correction prompted buying in domestic equities Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
21/08/2023 4:52:29 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
Weekly market outlook : The metal sector bore the brunt this week due to sluggish industrial data and concerns about Chinese demand Says Vinod Nair, Geojit Financial Services Below Quote on Weekly market outlook 19 August 2023 By 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 USD. Discouraging domestic industrial production, negative wholesale inflation, and elevated CPI inflation contributed to market volatility. Additional strains emerged from stronger-than-expect...
Weekly market outlook : The metal sector bore the brunt this week due to sluggish industrial data and concerns about Chinese demand Says Vinod Nair, Geojit Financial Services
Weekly market outlook : The metal sector bore the brunt this week due to sluggish industrial data and concerns about Chinese demand Says Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
19/08/2023 8:52:28 AM
Market Quote : Fears of a Fed rate hike, coupled with a decline in global equities Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 18 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services Concerns regarding inflation and shifts in investor preferences towards safer assets dampened overall market sentiment for domestic equities. Fears of a Fed rate hike, coupled with a decline in global equities, exerted additional downward pressure, specifically on IT stocks. Higher US bond yields and default risk in China are poised to prompt FIIs to adopt a more prudent st...
Market Quote : Fears of a Fed rate hike, coupled with a decline in global equities Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Fears of a Fed rate hike, coupled with a decline in global equities Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
18/08/2023 4:41:57 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
Market Quote : The mounting influence of weak global cues hindered the domestic market`s ability to recoup Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 17 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services "The mounting influence of weak global cues hindered the domestic market's ability to recoup, resulting in sustained selling pressure. The release of Fed minutes unveiled a divided stance among its members regarding the necessity of additional rate hikes, contrasting the previously anticipated rate pause. Concurrently, the Indian rupee experienced a decline due to ...
Market Quote : The mounting influence of weak global cues hindered the domestic market`s ability to recoup Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : The mounting influence of weak global cues hindered the domestic market`s ability to recoup Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
17/08/2023 4:13:28 PM
Market Quote : The initial apprehension stemming from an above-expected surge in domestic CPI inflation Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 15 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services   "The initial apprehension stemming from an above-expected surge in domestic CPI inflation, driven by higher food prices, induced volatility in the Indian market. However, the market found some relief as the likelihood of this inflation surge being transitory alleviated concerns, leading to a recovery in the latter part of the trading session. Moreover, as cor...
Market Quote : The initial apprehension stemming from an above-expected surge in domestic CPI inflation Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : The initial apprehension stemming from an above-expected surge in domestic CPI inflation Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
16/08/2023 5:29:27 PM
Market Quote : India`s CPI inflation, due to be released today, is anticipated to exceed the RBI`s Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 14 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services "Following weak performances in Asian markets, the domestic indices commenced the day with a negative bias, prompted by discouraging domestic industrial data along with concerns over demand from China. However, the indices managed to recover from their initial losses, ending the day on a relatively neutral note. India's wholesale inflation persisted in negative ter...
Market Quote : India`s CPI inflation, due to be released today, is anticipated to exceed the RBI`s Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : India`s CPI inflation, due to be released today, is anticipated to exceed the RBI`s Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
14/08/2023 6:13:51 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
Investors to monitor CPI data for July projected to show significant increase Amid rising inflation concerns, investors are closely monitoring the domestic CPI data for July, which is projected to show a significant increase due to rising food prices, says Vinod Nair, Head of Research at Geojit Financial Services. The Indian market experienced bearishness during the week that focused on economic data as inflation concerns dented domestic sentiments., he said. The week began with moderate gains, led by strong performances in the pharma and IT sectors. However, unc...
Investors to monitor CPI data for July projected to show significant increase
Investors to monitor CPI data for July projected to show significant increase
Source: IANS
13/08/2023 3:58:44 PM
Weekly market outlook : Inflation worries resurfaced as the RBI raised their CPI forecast by 30 bps to 5.4% Says Vinod Nair, Geojit Financial Services Below Quote on Weekly market outlook 11 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services The Indian market experienced bearishness during the week that focused on economic data as inflation concerns dented domestic sentiments. The week began with moderate gains, led by strong performances in the pharma and IT sectors. However, uncertainties surrounding economic data releases and the RBI's policy announcement hindered substantial moves. Inflat...
Weekly market outlook : Inflation worries resurfaced as the RBI raised their CPI forecast by 30 bps to 5.4% Says Vinod Nair, Geojit Financial Services
Weekly market outlook : Inflation worries resurfaced as the RBI raised their CPI forecast by 30 bps to 5.4% Says Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
11/08/2023 6:51:52 PM
Market Quote : The escalating concerns about inflation further weighed down domestic market sentiments Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 11 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services    The domestic market continued to experience selling pressure, with banking stocks extending their decline in reaction to the RBI's liquidity absorption measures. The escalating concerns about inflation further weighed down domestic market sentiments. Despite the US CPI coming in lower than expected and the UK GDP beating estimates, global sentiment remai...
Market Quote : The escalating concerns about inflation further weighed down domestic market sentiments Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : The escalating concerns about inflation further weighed down domestic market sentiments Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
11/08/2023 4:54:13 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
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
Market Quote : FIIs remain in a selling mode in the domestic market, yet active buying from DIIs is mitigating downside risks Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 04 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services   On the global front, investors are adopting a cautious approach even amidst declining bond yields as they await the release of crucial economic data. The significant drop in Chinese exports has also contributed to concerns within the global market. FIIs remain in a selling mode in the domestic market, yet active buying from DIIs is mitigating downside risks. Among...
Market Quote : FIIs remain in a selling mode in the domestic market, yet active buying from DIIs is mitigating downside risks Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : FIIs remain in a selling mode in the domestic market, yet active buying from DIIs is mitigating downside risks Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
8/08/2023 5:50:46 PM
Market Quote : Caution prevailed in the market due to the anticipation of upcoming inflation data and the RBI's monetary policy Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 05 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services The Indian market began the data-centric week with modest gains, primarily propelled by strong performances in the pharma and IT sectors. Global markets portrayed a mixed picture, with US futures exhibiting positivity in response to a moderation in bond yields, while European markets experienced declines due to weak economic data. Caution prevailed in the market due to...
Market Quote : Caution prevailed in the market due to the anticipation of upcoming inflation data and the RBI's monetary policy Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Caution prevailed in the market due to the anticipation of upcoming inflation data and the RBI's monetary policy Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
7/08/2023 5:25:13 PM
Weekly market outlook : The week began on a positive note, with hopes of an end to the policy tightening era due to cooling inflation worldwide Says Vinod Nair, Geojit Financial Services Below Quote on Weekly market outlook 04 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services   The week began on a positive note, with hopes of an end to the policy tightening era due to cooling inflation worldwide. However, negative news about the US rating downgrade, weak factory activity data from the Eurozone and China, and prolonged FII selling triggered by rising US bond yields caused widespread worries across the globe. Increased ...
Weekly market outlook : The week began on a positive note, with hopes of an end to the policy tightening era due to cooling inflation worldwide Says Vinod Nair, Geojit Financial Services
Weekly market outlook : The week began on a positive note, with hopes of an end to the policy tightening era due to cooling inflation worldwide Says Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
4/08/2023 5:41:23 PM
Market Quote : The pharma sector sustained its positive momentum Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 04 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services Positive earnings reports provided a much-needed boost to the domestic market, aiding its recovery from the impact of weak global cues. The pharma sector sustained its positive momentum, with the trend being extended by the IT and banking stocks. However, increasing US bond yields continued to distract the global market, impeding the inflow of foreign funds into the domesti...
Market Quote : The pharma sector sustained its positive momentum Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : The pharma sector sustained its positive momentum Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
4/08/2023 4:50:43 PM
Market Quote : Global markets are still grappling with the impact of the US rating downgrade Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 03 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services Global markets are still grappling with the impact of the US rating downgrade, with spiking bond yield and strengthening dollar index. However, the pharma sector has managed to weather the storm thanks to its strong earnings outcome, while mid and small-cap stocks have outperformed the benchmark index. The domestic service PMI has surpassed market expectations, reaching a 1...
Market Quote : Global markets are still grappling with the impact of the US rating downgrade Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Global markets are still grappling with the impact of the US rating downgrade Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
3/08/2023 6:14:39 PM
Market Quote : The domestic indices traded with a negative bias below the flattish trend Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 01 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services The domestic indices traded with a negative bias below the flattish trend, impacted by global peers. Despite this, mid- and small-cap stocks continued to outperform the benchmark index. IT stocks rallied on hopes of a soft landing for the US economy. India's manufacturing activity remained robust, although marginally it moderated for the second consecutive month in July...
Market Quote : The domestic indices traded with a negative bias below the flattish trend Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : The domestic indices traded with a negative bias below the flattish trend Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
1/08/2023 4:47:41 PM
Market Quote : Indian indices have resumed their rally, following the global market trend Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 31 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services Indian indices have resumed their rally, following the global market trend, as cooling inflation across the globe gave hopes of an end to the policy tightening era. The latest positive development was the Eurozone's inflation slowing for the third consecutive month in July, coming in at 5.3%, in line with market predictions. Moreover, the euro zone economy grew by 0.3% du...
Market Quote : Indian indices have resumed their rally, following the global market trend Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Indian indices have resumed their rally, following the global market trend Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
31/07/2023 7:55:42 PM
A breach in crucial supports could mean end of Nifty`s 17-week rally Nifty fell 0.5 PER CENT over the week after gaining for the previous four weeks. 19,562 becomes a crucial support for the Nifty below which a fall of another 2 per cent could follow and the 17-week rally from the low of 16,828 could be said to have ended, says Deepak Jasani, Head of Retail Research, HDFC Securities. Vinod Nair, Head of Research at Geojit Financial Services said the domestic market passed through a volatile week, with the benchmark index underperforming its broader peers. ...
A breach in crucial supports could mean end of Nifty`s 17-week rally
A breach in crucial supports could mean end of Nifty`s 17-week rally
Source: IANS
30/07/2023 10:36:32 AM
Weekly Market Outlook : The domestic market passed through a volatile week Says Vinod Nair, Geojit Financial Services Below is on Weekly Market Outlook By Vinod Nair, Head of Research at Geojit Financial Services   The domestic market passed through a volatile week, with the benchmark index underperforming its broader peers. The recent correction of the domestic market can be attributed to several headwinds, including mixed Q1 results, a reversal in FII activity, a rising dollar index & US bond yields, and an increase in crude oil prices. Pharma stocks, on the other hand, showed...
Weekly Market Outlook : The domestic market passed through a volatile week Says Vinod Nair, Geojit Financial Services
Weekly Market Outlook : The domestic market passed through a volatile week Says Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
29/07/2023 5:21:06 PM
Market Quote : The better-than-expected US Q2 GDP data, though positive Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 28 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services The better-than-expected US Q2 GDP data, though positive, hindered the mood of the domestic market as it signalled the chances of another rate hike. The Fed chief's comments about a data-centric approach without ruling out rate hikes added to the uncertainty. Furthermore, the reversal of the buying trend by FII and the rise in US bond yields contributed to market volatili...
Market Quote : The better-than-expected US Q2 GDP data, though positive Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : The better-than-expected US Q2 GDP data, though positive Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
28/07/2023 4:20:01 PM
Market Quote : Positive global sentiment prevailed due to the reduced prospects of a US recession Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 27 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services The FOMC's decision aligned with market expectations as they implemented a 25bps hike and expressed a data-centric approach for future rate actions. Positive global sentiment prevailed due to the reduced prospects of a US recession. Despite this, the domestic market witnessed sharp corrections led by banks and autos, while pharma stocks performed on a positive start to th...
Market Quote : Positive global sentiment prevailed due to the reduced prospects of a US recession Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Positive global sentiment prevailed due to the reduced prospects of a US recession Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services
27/07/2023 4:19:15 PM
Market Quote : Optimism has inched back today after the last three trading days Says Mr. Vinod Nair, Geojit Financial Services Below Quote on Market 26 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services Optimism has inched back today after the last three trading days of consolidation ahead of the FOMC meeting. As the market’s ambiguity against the monetary policy is likely to reverse henceforth, going forward we are unlikely to see another Fed rate hike in 2023. This is because inflation has rapidly come down and is forecast to settle down further. However, the interes...
Market Quote : Optimism has inched back today after the last three trading days Says Mr. Vinod Nair, Geojit Financial Services
Market Quote : Optimism has inched back today after the last three trading days Says Mr. Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
26/07/2023 4:07:36 PM