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Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing week Says Mr. Ajit Mishra, Religare Broking Below Quote Daily Market Analysis 09 September 2022 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets strengthened recovery and gained nearly 2% in the passing week. The tone was positive from the beginning and improved further with the noticeable participation from the banking pack in the final sessions. Consequently, both the benchmark indices, Nifty and Sensex, settled closer to the week’s high at 19819.90 and 66598.91 respectively. All se...
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing week Says Mr. Ajit Mishra, Religare Broking
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing week Says Mr. Ajit Mishra, Religare Broking
Source: Religare Broking Ltd
9/09/2023 10:57:26 AM
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 : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities Below The Quote on Market 08 September 2023 By S Ranganathan, Head of Research at LKP Securities "Benchmark Indices ended the week today just a few percentage away from record highs ahead of the G20 Summit buoyed by good support from the Bank Nifty ( on positive newsflow from the RBI) as well as the PSU & Infrastructure stocks. Despite a deficient monsoon the mood in the market was optimistic as PSU stocks across sectors exhibited positive investor appetite.&qu...
Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities
Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities
Source: LKP Securities
8/09/2023 5:49:08 PM
Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 08 September 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels. Despite mixed global cues, index bounced back to seven week high and is just 172 points away from its life highs. Broader market too ended in green with Midcap100/Smallcap100 up 1%/0.6%. Financials, Realty and energy stocks led the gains in the market. ...
Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
8/09/2023 5:45:43 PM
Quote on Bank Nifty : The Bank Nifty index witnessed a strong bullish momentum as the bulls took full control Says Kunal Shah, LKP Securities Below View on Bank Nifty 08 September 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities The Bank Nifty index witnessed a strong bullish momentum as the bulls took full control. Following the breakthrough of the resistance level at 44,650, there was a sharp rally of 600 points. The next significant hurdle on the upside is situated at 45,500, where the highest open interest is concentrated. The index maintains a "buy on dip" mode, with r...
Quote on Bank Nifty : The Bank Nifty index witnessed a strong bullish momentum as the bulls took full control Says Kunal Shah, LKP Securities
Quote on Bank Nifty : The Bank Nifty index witnessed a strong bullish momentum as the bulls took full control Says Kunal Shah, LKP Securities
Source: LKP Securities
8/09/2023 5:42:13 PM
Quote on Nifty : The Nifty displayed strength, primarily driven by strong demand for large-cap stocks Says Rupak De, LKP Securities Below Quote on Nifty 08 September 2023 By Rupak De, Senior Technical Analyst at LKP Securities The Nifty displayed strength, primarily driven by strong demand for large-cap stocks. The overall trend remained robust as the index consistently stayed above a critical moving average. However, a significant hurdle for the Nifty came in the form of substantial Call writing at the 19900 strike price. Looking ahead, only a decisive move above the 19900 level has the potent...
Quote on Nifty : The Nifty displayed strength, primarily driven by strong demand for large-cap stocks Says Rupak De, LKP Securities
Quote on Nifty : The Nifty displayed strength, primarily driven by strong demand for large-cap stocks Says Rupak De, LKP Securities
Source: LKP Securities
8/09/2023 5:39:18 PM
Bank Nifty Write Up : In this scenario, immediate support is found at levels around 45000 to 44900 Says Mr. Rajesh Bhosale, Angel One Below The Quote on "Bank Nifty Write Up" by Mr. Rajesh Bhosale, Technical Analyst at Angel One Ltd The bank index had an impressive week. Initially, it traded within a range with some caution at higher levels. However, renewed buying interest on Thursday sparked enthusiasm in the broader markets, followed by further buying on Friday. The Bank Nifty closed the week with a 1.62% gain at 45156. After more than three weeks of consolidation, we're final...
Bank Nifty Write Up : In this scenario, immediate support is found at levels around 45000 to 44900 Says Mr. Rajesh Bhosale, Angel One
Bank Nifty Write Up : In this scenario, immediate support is found at levels around 45000 to 44900 Says Mr. Rajesh Bhosale, Angel One
Source: Angel One Ltd
8/09/2023 5:18:25 PM
Market Wrap-Up : Bulls on a roll; Nifty set for the 20K milestone Says Mr. Osho Krishan, Angel One Ltd. Below the "Market Wrap-Up" by Mr. Osho Krishan, Sr. Analyst, Technical & Derivative Research, Angel One Ltd.                                                      Bulls on a roll; Nifty set for the 20K milestone The bulls of D-Street have warmly welcomed the September month contract, with complete dominance...
Market Wrap-Up : Bulls on a roll; Nifty set for the 20K milestone Says Mr. Osho Krishan, Angel One Ltd.
Market Wrap-Up : Bulls on a roll; Nifty set for the 20K milestone Says Mr. Osho Krishan, Angel One Ltd.
Source: Angel One Ltd
8/09/2023 4:39:04 PM
Daily Market Analysis : Nifty inched gradually higher however profit taking in the final hour trimmed the gains Says Mr. Ajit Mishra, Religare Broking Below Quote Daily Market Analysis 08 August 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Market extended up move for yet another session and gained nearly half a percent. After the flat start, Nifty inched gradually higher however profit taking in the final hour trimmed the gains. Consequently, it settled at 19819.95; up by 0.47%.  Most sectors contributed to the move wherein realty, financials and energy were among the top performers. Besides, the ...
Daily Market Analysis : Nifty inched gradually higher however profit taking in the final hour trimmed the gains Says Mr. Ajit Mishra, Religare Broking
Daily Market Analysis : Nifty inched gradually higher however profit taking in the final hour trimmed the gains Says Mr. Ajit Mishra, Religare Broking
Source: Religare Broking Ltd
8/09/2023 4:35:59 PM
Pre-market comment for Friday September 8 By Deven Mehata, Choice Broking Ltd Pre-market comment for Friday September 8 By Deven Mehata, Equity Research Analyst  Choice Broking Ltd On September 8th, the anticipated market scenario suggests a slightly upbeat opening for both the benchmark Sensex and Nifty indices. The GIFT Nifty's indications point to a positive start for the broader index, with an expected gain of 24 points. On the previous trading day, the BSE Sensex made an impressive leap of 385 points, reaching a level of 66,266. Similarl...
Pre-market comment for Friday September 8 By Deven Mehata, Choice Broking Ltd
Pre-market comment for Friday September 8 By Deven Mehata, Choice Broking Ltd
Source: Choice Broking Ltd
8/09/2023 12:21:30 PM
Midcap index rose more than the Nifty while Smallcap index rose less even as the advance decline ratio was up at 1.49:1 - HDFC Securities Daily Technical View on Nifty * Nifty reversed early losses to end higher for the fifth session on Sept 07. * At close, Nifty was up 0.59% or 116 points at 19727.1. * Volumes on the NSE fell compared to the previous session. * Midcap index rose more than the Nifty while Smallcap index rose less even as the advance decline ratio was up at 1.49:1. * Nifty has been rising for last three consecutive sessions. * Nifty smartly built on the gains of the previous 4 sessions and gave...
Midcap index rose more than the Nifty while Smallcap index rose less even as the advance decline ratio was up at 1.49:1 - HDFC Securities
Midcap index rose more than the Nifty while Smallcap index rose less even as the advance decline ratio was up at 1.49:1 - HDFC Securities
Source: HDFC Securities
8/09/2023 10:52:14 AM
India VIX index is at 10.87 v/s 10.68 - Axis Securities HIGHLIGHTS Nifty futures yesterday closed at 19769 on a positive note with 5.44% Increase in the open interest indicating Long Build Up. Nifty Futures yesterday closed at a premium of 42 points compared to it’s previous day premium of 48 points. BankNifty yesterday closed at 45045 on positive note with 2.51% Increase in open interest indicating Short Covering BankNifty Futures yesterday closed at a premium of 167 points compared to its previous day premium of 234 points. ...
India VIX index is at 10.87 v/s 10.68 - Axis Securities
India VIX index is at 10.87 v/s 10.68 - Axis Securities
Source: Axis Securities
8/09/2023 10:33:50 AM
Quote on Outlook for QSR, Aviation, and Hospitality Sectors Says Gaurang Shah, Geojit Financial Services Below Quote on Outlook for QSR, Aviation, and Hospitality Sectors 09th September 2023 By Gaurang Shah, Senior Vice President at Geojit Financial Services "We are positive about the QSR (Quick Service Restaurant) segment, optimistic about the aviation industry, and bullish on the hospitality and hotel sector. This optimism is not solely due to the G20 Summit but is also driven by several other upcoming events, not only this year but also in the coming years. We have...
Quote on Outlook for QSR, Aviation, and Hospitality Sectors Says Gaurang Shah, Geojit Financial Services
Quote on Outlook for QSR, Aviation, and Hospitality Sectors Says Gaurang Shah, Geojit Financial Services
Source: Geojit Financial Services
8/09/2023 10:26:46 AM
Morning Market Quote :In spite of this net institutional selling Nifty is up by 434 points for the month so far Says Dr. V K Vijayakumar, Geojit Financial Services Below Quote On Morning Market 08 September 2023 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services "Sustained DII investment supported by strong retail buying is driving the market higher in spite of FII selling. In September,so far, FIIs have sold in the cash market for Rs 8608 crores and DIIs have bought for Rs 5715 crores. In spite of this net institutional selling Nifty is up by 434 points for the month so far. This, and the hyper ...
Morning Market Quote :In spite of this net institutional selling Nifty is up by 434 points for the month so far Says Dr. V K Vijayakumar, Geojit Financial Services
Morning Market Quote :In spite of this net institutional selling Nifty is up by 434 points for the month so far Says Dr. V K Vijayakumar, Geojit Financial Services
Source: Geojit Financial Services
8/09/2023 10:17:27 AM
On the daily chart, the index has formed a sizable bullish candle and closed above its previous session's high - Axis Securities Nifty Nifty opened flat, but buying momentum prevailed throughout the session, allowing it to close near the day's high. Nifty closed at 19727 on 07th September with a gain of 116 points. On the daily chart, the index has formed a sizable bullish candle and closed above its previous session's high, indicating a positive bias going forward. The index also maintains a higher top and higher bottom formation on the hourly chart, reinforcing the positive bias. According to the chart ...
On the daily chart, the index has formed a sizable bullish candle and closed above its previous session's high - Axis Securities
On the daily chart, the index has formed a sizable bullish candle and closed above its previous session's high - Axis Securities
Source: Axis Securities
8/09/2023 10:13:16 AM
The robust buying emergence in the broader markets and the participation from heavyweights have tuned in optimism in the markets - Angel One Sensex (66266) / Nifty (19727) The Indian equity market witnessed a splendid weekly expiry session, wherein the benchmark index soared above the bearish gap on the daily time frame. The robust buying emergence in the broader markets and the participation from heavyweights have tuned in optimism in the markets. Apart from initial hiccups, the bulls firmly took control of the markets and steered northwards throughout the day. Eventually, the Nifty50 index concluded the session decisively abo...
The robust buying emergence in the broader markets and the participation from heavyweights have tuned in optimism in the markets - Angel One
The robust buying emergence in the broader markets and the participation from heavyweights have tuned in optimism in the markets - Angel One
Source: Angel One Ltd
8/09/2023 9:57:16 AM
Banking index engulfed in three days consolidation range and settled higher gaining over a percent - Religare Broking Nifty * Nifty extended recovery on the weekly expiry day and gained over half a percent. * Key sectoral indices, realty, banking and energy were on the forefront while defensive FMCG and pharma ended dull. * It has finally crossed the hurdle at 19,650 and the alignment of the banking pack has further strengthened the tone. * Align positions accordingly and maintain a balanced approach as broader indices look stretched.   Banknifty * Banking index engulfed in thre...
Banking index engulfed in three days consolidation range and settled higher gaining over a percent - Religare Broking
Banking index engulfed in three days consolidation range and settled higher gaining over a percent - Religare Broking
Source: Religare Broking
8/09/2023 9:44:41 AM
Expect the rally to gather further strength in momentum once the ADX too confirms its breakout - Tradebulls Securities Nifty Nifty continued to add on its strength as it closed the 02nd August GAP window at 19704. Yesterdays price action was also well supported by major banking stocks as Bank Nifty Index too closed above its 45000 hurdle confidently. The consecutive occurrence of long legged Doji candlestick formations did displays a strong comeback from the bulls from the support base around 19500. With the now price trending above its 5- & 20-days EMA with its trend strength indicator RSI moving abov...
Expect the rally to gather further strength in momentum once the ADX too confirms its breakout - Tradebulls Securities
Expect the rally to gather further strength in momentum once the ADX too confirms its breakout - Tradebulls Securities
Source: Tradebulls Securities
8/09/2023 9:32:29 AM
Nifty opened with an upward gap and witnessed consolidation for most part of the session - Jainam Share Consultants Nifty Nifty opened with an upward gap and witnessed consolidation for most part of the session. However last hour pullback action pulled index higher to close near the day's high. Nifty closed at 19727 with a gain of 116 points. On the daily chart the index has formed a long Bullish candle forming higher High-Low formation indicating positive bias. The chart pattern suggests that if Nifty breaks and sustains below 19650 level it would witness selling which would lead the index towards ...
Nifty opened with an upward gap and witnessed consolidation for most part of the session - Jainam Share Consultants
Nifty opened with an upward gap and witnessed consolidation for most part of the session - Jainam Share Consultants
Source: Jainam Share Consultants
8/09/2023 9:25:08 AM
Market is expected to open positive note and likely to witness positive move during the day - Nirmal Bang Market Review US: The S&P 500 and Nasdaq fell on Thursday, with the biggest drag from Apple and a sell-off in chip stocks over concerns about China's iPhone curbs, while a fall in weekly U.S. jobless claims fed worries about interest rates and sticky inflation. Asia: Asia's stock markets dipped on Friday, with tech shares tumbling on deepening Sino-U.S. tensions, while the dollar was set to seal its longest winning streak in nine years as investors braced for U.S. interest r...
Market is expected to open positive note and likely to witness positive move during the day - Nirmal Bang
Market is expected to open positive note and likely to witness positive move during the day - Nirmal Bang
Source: Nirmal Bang Ltd
8/09/2023 9:10:56 AM
The index started the session on a muted note tracking subdued global cues - ICICI Direct Nifty : 19727 Technical Outlook • The index started the session on a muted note tracking subdued global cues. However, buying demand in the second half helped index to helped index to close at four week’s high. The, daily price action formed a sizable bull candle carrying higher high-low, indicating follow through strength. The index has been sustaining well above 20 days EMA after one months, highlighting rejuvenation of upward momentum • Going ahead, we expect index...
The index started the session on a muted note tracking subdued global cues - ICICI Direct
The index started the session on a muted note tracking subdued global cues - ICICI Direct
Source: ICICI Direct
8/09/2023 9:07:57 AM
Nifty has an immediate resistance placed at 19770 - Nirmal Bang Market Review: Indian markets closed higher for the fifth consecutive session on Thursday. Capital goods, banks, and realty sectors were the main drivers of these gains. The S&P BSE Sensex advanced 385.04 points or 0.58% to 66,265.56. The Nifty 50 index added 116 points or 0.59% to 19,727.05.   Nifty Technical Outlook Nifty is expected to open positive note and likely to witness positive move during the day. On technical grounds, Nifty has an immediate resistance at 19770...
Nifty has an immediate resistance placed at 19770 - Nirmal Bang
Nifty has an immediate resistance placed at 19770 - Nirmal Bang
Source: Nirmal Bang Ltd
8/09/2023 9:04:33 AM
Opening Bell : Markets likely to get flat-to-positive start Indian markets ended on a strong note for the fifth straight trading session on Thursday after overcoming the initial volatility caused by jittery global markets. Today, markets are likely to get flat-to-positive start. All eyes would be on the policy announcements, if any, at the G20 Summit being hosted by India. Traders will be taking encouragement with a private report that Inflation in India was likely to have eased in August from a 15-month high in July, led by cooling vegetable prices. ...
Opening Bell : Markets likely to get flat-to-positive start
Opening Bell : Markets likely to get flat-to-positive start
Source: Accord Fintech
8/09/2023 8:54:47 AM
The Markets are expected to open higher today as trend in SGX nifty - ARETE Securities Market Updates The Markets are expected to open higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 116 points higher at 19,727 on thursday. LTIMindtree: The IT company has launched two industry solutions—AdSpark and Smart Service Operations—to accelerate the time-to-market for businesses on the Salesforce platform. Mazagon Dock Shipbuilders: The company has signed a Master Ship Repair Agreement with the U. S. govern...
The Markets are expected to open higher today as trend in SGX nifty - ARETE Securities
The Markets are expected to open higher today as trend in SGX nifty - ARETE Securities
Source: ARETE Securities
8/09/2023 8:52:10 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
Quote on Bank Nifty : This breakout was accompanied by a notable increase in trading volumes Says Kunal Shah, LKP Securities Below View on Bank Nifty 07 September 2023 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities "The Bank Nifty index has recently experienced a fresh breakout on the daily chart. This breakout was accompanied by a notable increase in trading volumes.TA robust support level has formed at 44500, which also coincides with the index's 20-day moving average (20DMA). This level is expected to provide significant support to the index.The index succes...
Quote on Bank Nifty : This breakout was accompanied by a notable increase in trading volumes Says Kunal Shah, LKP Securities
Quote on Bank Nifty : This breakout was accompanied by a notable increase in trading volumes Says Kunal Shah, LKP Securities
Source: LKP Securities
7/09/2023 5:04:58 PM
Quote on Nifty : The sentiment remains positive as long as the index sustains above 19,550 Says Rupak De, LKP Securities Below Quote on Nifty 07 September 2023 By Rupak De, Senior Technical Analyst at LKP Securities "The bulls were able to push Nifty higher following a range-bound trading period in the preceding few days. The sentiment remains positive as long as the index sustains above 19,550. On the higher end, gains may extend to the range of 19,900 to 20,000 in the near term, provided that bullishness in the market continues to increase."   Above views are o...
Quote on Nifty : The sentiment remains positive as long as the index sustains above 19,550 Says Rupak De, LKP Securities
Quote on Nifty : The sentiment remains positive as long as the index sustains above 19,550 Says Rupak De, LKP Securities
Source: LKP Securities
7/09/2023 5:01:29 PM
Daily Market Commentary : Nifty closed higher for the fifth straight day with gains of 116 points (+0.6%) at 19727 levels Says Mr. Siddhartha Khemka, Motilal Oswal Daily market commentary 07 September 2023 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty closed higher for the fifth straight day with gains of 116 points (+0.6%) at 19727 levels. Despite weak global cues, market recovered in the second half on account of short covering on the weekly expiry day. Broader market too ended in green with Midcap100/Smallcap100 up 0.8%/0.5%. Banking and Realty were the major drivers with gains of more...
Daily Market Commentary : Nifty closed higher for the fifth straight day with gains of 116 points (+0.6%) at 19727 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Daily Market Commentary : Nifty closed higher for the fifth straight day with gains of 116 points (+0.6%) at 19727 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Source: Motilal Oswal Financial Services
7/09/2023 4:58:10 PM
Daily Market Analysis : Nifty has finally crossed the hurdle at 19,650 Says Mr. Ajit Mishra, Religare Broking Below Quote Daily Market Analysis 07 September 2023 By Mr. Ajit Mishra, VP - Research, Religare Broking Ltd Markets extended recovery on the weekly expiry day and gained over half a percent.  The tone was range bound in the first half however a sharp surge in the select heavyweights turned the bias in favor of bulls as the day progressed. Eventually, it settled around the day’s high at 19727.05 levels; up by 0.59%. Among the key sectoral indices, realty, bank...
Daily Market Analysis : Nifty has finally crossed the hurdle at 19,650 Says Mr. Ajit Mishra, Religare Broking
Daily Market Analysis : Nifty has finally crossed the hurdle at 19,650 Says Mr. Ajit Mishra, Religare Broking
Source: Religare Broking
7/09/2023 4:42:54 PM
Market Quote : Benchmark Indices staged a smart afternoon rally today with the help of PSU & Infrastructure stocks Says S Ranganathan, LKP securities Below The Quote on Market 07 September 2023 By S Ranganathan, Head of Research at LKP Securities "Benchmark Indices staged a smart afternoon rally today with the help of PSU & Infrastructure stocks. With a 13.5% share of the market capitalisation, PSU companies have seen a robust jump from just over 9% in 2021even as several Midcap State Owned Entities have seen a multi-fold rise in their stock values during this period. ETF Flows during the late afternoon also...
Market Quote : Benchmark Indices staged a smart afternoon rally today with the help of PSU & Infrastructure stocks Says S Ranganathan, LKP securities
Market Quote : Benchmark Indices staged a smart afternoon rally today with the help of PSU & Infrastructure stocks Says S Ranganathan, LKP securities
Source: LKP Securities Ltd
7/09/2023 4:28:29 PM
Monthly fixed Income Outlook -September 2023 by Pankaj Pathak, Quantum Mutual Fund Monthly Commentary Sept 2023 – Fixed Income In the last month, the 10-year Indian government bond (G-sec) yield went up to 7.25% in the first half and then retraced back to the previous month’s closing level of 7.17% by the end of the month.   Longer end 20-30 years maturity G-sec yields declined by 3-5 basis points, while the shorter maturity 1-year G-Sec yield went up by around 10 basis points from 6.90% to 7.00%. Market movement during the month was closely linked...
Monthly fixed Income Outlook -September 2023 by Pankaj Pathak, Quantum Mutual Fund
Monthly fixed Income Outlook -September 2023 by Pankaj Pathak, Quantum Mutual Fund
Source: PR Agency
7/09/2023 4:22:36 PM
Pre-market comment for Thursday September 7 By Ameya Ranadive, Choice Broking Ltd Pre-market comment for Thursday September 7 By Ameya Ranadive, CMT CFTe Equity Research Analyst Choice Broking Ltd On September 7, the benchmark Sensex and Nifty indices are anticipated to commence the trading day with a marginal dip. This cautious sentiment is underscored by the India VIX, which exhibited an intraday decline of 1.39 percent, ultimately settling at 10.67. Notably, the market index enjoys a firm support base within the range of 19,450 to 19,500. Adding to the positive ...
Pre-market comment for Thursday September 7 By Ameya Ranadive, Choice Broking Ltd
Pre-market comment for Thursday September 7 By Ameya Ranadive, Choice Broking Ltd
Source: Choice Broking Ltd
7/09/2023 12:09:36 PM
As far as levels are concerned, the bearish gap of 19680-19705 is very much in sight - Angel One Ltd Sensex (65881) / Nifty (19611) GIFT Nifty taking cues from the mixed global bourses, indicated a mild opening for our markets, mirroring which the benchmark index Nifty50 started the session on a muted note. As the day progressed, bulls opted to take some money off the table and chose to remain spectators. Until the fag-end, wherein an intense bout of buying emergence was seen, levitating the index to intraday highs. Amidst the roller-coaster trading session, the Nifty50 index carried its ...
As far as levels are concerned, the bearish gap of 19680-19705 is very much in sight - Angel One Ltd
As far as levels are concerned, the bearish gap of 19680-19705 is very much in sight - Angel One Ltd
Source: Angel One Ltd
7/09/2023 10:43:37 AM
Morning Market Quote : The market has turned excessively volatile responding to fast changing incoming data Says Dr. V K Vijayakumar, Geojit Financial Services Below Quote On Morning Market 07 September 2023 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services "The market has turned excessively volatile responding to fast changing incoming data. DIIs have been consistent buyers on the back of good flows to domestic mutual funds. But FIIs have been consistently selling in the cash market this month with a net sell figure of Rs 7850 crores. The FII selling has been triggered by the rising US bond...
Morning Market Quote : The market has turned excessively volatile responding to fast changing incoming data Says Dr. V K Vijayakumar, Geojit Financial Services
Morning Market Quote : The market has turned excessively volatile responding to fast changing incoming data Says Dr. V K Vijayakumar, Geojit Financial Services
Source: Geojit Financial Services
7/09/2023 10:36:27 AM
Nifty opened on a flat note and witnessed selling for the first part of the session - Axis Securities Nifty Nifty opened on a flat note and witnessed selling for the first part of the session. However, last hour pullback action pulled the index higher and closed near day’s high. Nifty closed at 19611 on 06th September with a gain of 36 points. On the daily chart the index has formed a small bullish candle with a long lower shadow indicating buying at lower levels. The index has breached above the descending channel at 19,500, and sustained trading above this level suggests potenti...
Nifty opened on a flat note and witnessed selling for the first part of the session - Axis Securities
Nifty opened on a flat note and witnessed selling for the first part of the session - Axis Securities
Source: Axis Securities Ltd
7/09/2023 10:32:16 AM
India VIX index is at 10.68 v/s 10.81 ATM CE IV 6.65 & PE IV 9.44 - Axis Securities HIGHLIGHTS: Nifty futures yesterday closed at 19659 on a positive note with 0.83% Increase in the open interest indicating Long Build Up. Nifty Futures yesterday closed at a premium of 48 points compared to it’s previous day premium of 79 points. BankNifty yesterday closed at 44644 on negative note with 6.11% Increase in open interest indicating Short Build Up. BankNifty Futures yesterday closed at a premium of 234 points compared to its previous day premium of 234 points. ...
India VIX index is at 10.68 v/s 10.81 ATM CE IV 6.65 & PE IV 9.44 - Axis Securities
India VIX index is at 10.68 v/s 10.81 ATM CE IV 6.65 & PE IV 9.44 - Axis Securities
Source: Axis Securities Ltd
7/09/2023 10:23:37 AM
Nifty has surpassed previous swing high resistance of 19584 on daily chart - HDFC Securities Daily Technical View on Nifty * Nifty swung between gains and losses to end Sept 06 higher. At close, Nifty was up 0.18% or 36.2 points at 19611.1. * Volumes on the NSE were on the higher side compared to the recent average. * Smallcap index ended marginally in the negative underperforming the Nifty after a gap. Advance decline ratio fell but remained above par at 1.07:1. * Nifty made another high wave candle on a positive day. It showed a good recovery from lower levels for the s...
Nifty has surpassed previous swing high resistance of 19584 on daily chart - HDFC Securities
Nifty has surpassed previous swing high resistance of 19584 on daily chart - HDFC Securities
Source: HDFC Securities
7/09/2023 10:06:39 AM
The 19600-19700 hurdle may see some initial profit booking but the support has been shifting higher at 19400 - Tradebulls Securities Nifty The consecutive occurrence of long legged Doji candlestick formations in a row is a concerning sign. Though it displays a strongcomeback from the bulls from the support but the size of bodies too indicates tepid conviction & indecisiveness amongst most of themarket participants. With the price trending above its 5- & 20-days EMA with its trend strength indicator RSI moving above57isstill adependable sign of continued strength. The breakout above 19560-19600 cluster would requ...
The 19600-19700 hurdle may see some initial profit booking but the support has been shifting higher at 19400 - Tradebulls Securities
The 19600-19700 hurdle may see some initial profit booking but the support has been shifting higher at 19400 - Tradebulls Securities
Source: Tradebulls Securities
7/09/2023 9:57:30 AM
Nifty opened on a flat note and witnessed sideways movement in for most part of the day - Jainam Share Consultants Nifty Nifty opened on a flat note and witnessed sideways movement in for most part of the day. However buying momentum in the last hour pulled index higher to end on a positive note.. Nifty closed at 19611 with a gain of 36 points. On the daily chart the index has formed a small Bullish candle carrying long lower shadow indicating buying support at lower levels. The chart pattern suggests that if Nifty breaks and sustains below 19490 level it would witness selling which would lead the inde...
Nifty opened on a flat note and witnessed sideways movement in for most part of the day - Jainam Share Consultants
Nifty opened on a flat note and witnessed sideways movement in for most part of the day - Jainam Share Consultants
Source: Jainam Share Consultants
7/09/2023 9:49:39 AM
The Nifty midcap and small cap indices have been showing immense strength by enduring sequence of Highs - ICICI Direct Nifty : 19611 Technical Outlook • The index started the session on a subdued note and however, fag end buying demand helped index to recover intraday losses and settled the session on a positive note. Consequently, daily price action formed a bull candle with lower shadow, highlighting elevated buying demand. • Going ahead, we expect index to resolve above upper band of consolidation placed at 19600 and open the door for next leg of up move towards psychological mark of 200...
The Nifty midcap and small cap indices have been showing immense strength by enduring sequence of Highs - ICICI Direct
The Nifty midcap and small cap indices have been showing immense strength by enduring sequence of Highs - ICICI Direct
Source: ICICI Direct
7/09/2023 9:41:02 AM
Banking index continued to trade in the narrow range for third consecutive session and underperformed the benchmark index - Religare Broking Ltd NIFTY * Nifty traded volatile and ended marginally higher, in continuation to the prevailing recovery phase. * The tone was mixed on the sectoral front wherein FMCG and pharma rebounded swiftly while realty and metal ended lower. * Lacking decisiveness due to the prevailing underperformance of the banking pack, which holds considerable weight. * We thus reiterate to stay focused on stock selection and avoid going overboard. BANKNIFTY * Banking index continued to trade in...
Banking index continued to trade in the narrow range for third consecutive session and underperformed the benchmark index - Religare Broking Ltd
Banking index continued to trade in the narrow range for third consecutive session and underperformed the benchmark index - Religare Broking Ltd
Source: Religare Broking
7/09/2023 9:31:39 AM
The market is expected to open on a negative note and likely to witness profit booking during the day - Nirmal Bang Ltd Market Review US: Stocks sold off Wednesday, continuing the sluggish start to September, as concerns mounted that the Federal Reserve may not be done hiking interest rates. Asia: Asia-Pacific markets were mostly lower on Thursday, following a sell off on Wall Street and ahead of trade data from China and Australia. India: Indian shares closed higher on Wednesday after a late rebound in consumer stocks, led by Tata Consumer Products on a report of its stake purchase in Haldiram's,...
The market is expected to open on a negative note and likely to witness profit booking during the day - Nirmal Bang Ltd
The market is expected to open on a negative note and likely to witness profit booking during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
7/09/2023 9:23:41 AM
Nifty has an immediate support placed at 19500 and on a decisive close below expect a fall to 19420-19350 levels - Nirmal Bang Ltd Market Review: Indian markets experienced choppy trading Wednesday. Sectors painted a motley portrait - FMCG and pharma bounced back with grace, while realty and metal closed on a low note. the S&P BSE Sensex advanced 100.26 points or 0.15% to 65,880.52. The Nifty 50 index added 36.15 points or 0.18% to 19,611.05. Nifty Technical Outlook Nifty is expected to open on a negative note and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate s...
Nifty has an immediate support placed at 19500 and on a decisive close below expect a fall to 19420-19350 levels - Nirmal Bang Ltd
Nifty has an immediate support placed at 19500 and on a decisive close below expect a fall to 19420-19350 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
7/09/2023 9:19:05 AM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 36 points higher at 19,611 on wednesday. Biocon: Its subsidiary Biocon Biologics has completed the integration of the acquired biosimilars business from Viatris in North America (the United States and Canada). It is expected to grow its employee count to over 150 in North America by the end of the year Varroc Engineering: ...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
Source: ARETE Securities Ltd
7/09/2023 9:05:45 AM
Opening Bell : Markets likely to get cautious start on weak global cues Indian markets extended their winning run into the fourth straight trading session and ended higher on Wednesday, thanks to the late buying in index heavyweights - HDFC Bank, Bharti Airtel and ITC. Today, start of the session is likely to be cautious amid weak global cues. However, some support may come as Chairman, CII national committee on EXIM, Sanjay Budhia, said negotiating trade pacts with certain G20 countries and diversifying exports to regions like Brazil and Mexico could help India ...
Opening Bell : Markets likely to get cautious start on weak global cues
Opening Bell : Markets likely to get cautious start on weak global cues
Source: Accord Fintech
7/09/2023 8:58:53 AM
Quote on SEBI`s plan one-hour trade settlement from A Balakrishnan, Geojit Financial Services Below the quote on SEBI's plan one-hour trade settlement from A Balakrishnan, Executive Director of Geojit Financial Services. "We do not see any impediment in Sebi’s plan to implement one-hour settlement of trades first. It is highly implementable when Clearing Corporations and Depositories are ready with the systems. UPI’s success created confidence in near real time settlement. Investors will get faster settlement and they will have faster cash in ha...
Quote on SEBI`s plan one-hour trade settlement from A Balakrishnan, Geojit Financial Services
Quote on SEBI`s plan one-hour trade settlement from A Balakrishnan, Geojit Financial Services
Source: Geojit Financial Services
6/09/2023 6:19:06 PM
Perspective on markets by Mr. Jaykrishna Gandhi, Emkay Global Financial Services  Below the perspective on markets by Mr. Jaykrishna Gandhi, Head - Business Development, Institutional Equities, Emkay Global Financial Services. “Nifty gained 1% for the week largely driven by IT and pharma. Increasingly the market is showing signs of weakness driven by weaker monsoon, stronger dollar and put/call ratio has breached 1.4 for today. For the first time in a the past few months we are seeing some rationality coming in amongst mid/small caps. However, consisten...
Perspective on markets by Mr. Jaykrishna Gandhi, Emkay Global Financial Services
Perspective on markets by Mr. Jaykrishna Gandhi, Emkay Global Financial Services
Source: Emkay Global Financial Services
6/09/2023 6:09:33 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