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IPO NOTE : EMS Limited By Nirmal Bang Ltd BACKGROUND Incorporated in 2012, EMS Limited is in the business of sewerage solution, Water Supply Systems, Water and Waste Treatment Plants, Electrical Transmission and Distribution, Road and Allied works, operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies. Objects and Details of the Issue: * Total issue of ~Rs.321 Cr (at upper price band) consists of fresh issue worth Rs.146 Cr and offer for sal...
IPO NOTE : EMS Limited By Nirmal Bang Ltd
IPO NOTE : EMS Limited By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
8/09/2023 12:47:41 PM
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
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
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
IPO NOTE : Jupiter Lifeline Hospital Ltd By Nirmal Bang Ltd BACKGROUND Incorporated in 2002, Jupiter Lifeline Hospital Limited (JLHL) is a key multi-specialty tertiary and quaternary healthcare providers in the Mumbai Metropolitan Area (MMR) and western region of India. As on March 2023, it has a total capacity of 1,194 hospital beds across three hospitals which operates under the ‘Jupiter’ brand in Thane, Pune and Indore with 1,306 doctors. Also, the hospitals are equipped with over 30 key specialties in order to simplify the process o...
IPO NOTE : Jupiter Lifeline Hospital Ltd By Nirmal Bang Ltd
IPO NOTE : Jupiter Lifeline Hospital Ltd By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
6/09/2023 11:42:41 AM
The market is expected to open positive note and likely to witness positive move during the day - Nirmal Bang Ltd Market Review US: Wall Street's three major averages closed lower on Tuesday with the Dow leading declines as Treasury yields rose along with oil prices and investors assessed prospects for the Federal Reserve's interest rate path. Asia: Stocks fell on Wednesday after weak economic data in China and Europe heightened concerns over global growth, while the dollar firmed as investors weighed the outlook for US interest rates. India: The benchmark indices ended higher for the th...
The market is expected to open positive note and likely to witness positive move during the day - Nirmal Bang Ltd
The market is expected to open positive note and likely to witness positive move during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
6/09/2023 9:20:16 AM
Nifty has an immediate resistance placed at 19640 and on a decisive close above expect a rise to 19700-19780 levels - Nirmal Bang Ltd Market Review: Indian markets continued to rise for the third consecutive session. Realty, and energy stocks were in demand. The S&P BSE Sensex advanced 152.12 points or 0.23% to 65,780.26. The Nifty 50 index added 46.10 points or 0.24% to 19,574.90. 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 19640. If nifty closes above that, further upside can be e...
Nifty has an immediate resistance placed at 19640 and on a decisive close above expect a rise to 19700-19780 levels - Nirmal Bang Ltd
Nifty has an immediate resistance placed at 19640 and on a decisive close above expect a rise to 19700-19780 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
6/09/2023 9:15:44 AM
Index is likely to open on a flat today and is likely to remain positive during the day - Nirmal Bang Ltd Summary * Indian markets closed on a positive note where buying was mainly seen in Pharma, Technology, Metals sectors. Nifty Sep Future closed at 19653.55 (up 44.75 points) at a premium of 78.65 pts to spot. * FIIs were net sellers in Cash to the tune of 1725.11 Cr and were net buyers in index futures to the tune of 269.21 Cr. * India VIX decreased by 1.34% to close at 10.82 touching an intraday high of 11.09. Open Interest in Nifty Options: * The above second chart shows previ...
Index is likely to open on a flat today and is likely to remain positive during the day - Nirmal Bang Ltd
Index is likely to open on a flat today and is likely to remain positive during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
6/09/2023 9:07:21 AM
The market is expected to open flattish note and likely to witness sideways move during the day - Nirmal Bang Market Review US: The US stock markets remained closed on Monday, September 4 on account of the Labor Day holiday. Asia: Most Asian stocks fell on Tuesday with Chinese stocks retreating on continued concerns over slowing growth and a property sector meltdown, while hot inflation readings from across the region also pushed up concerns over higher interest rates. India: Indian shares gained on Monday, led by metals on fresh stimulus support by China for its property sector and informat...
The market is expected to open flattish note and likely to witness sideways move during the day - Nirmal Bang
The market is expected to open flattish note and likely to witness sideways move during the day - Nirmal Bang
Source: Nirmal Bang Ltd
5/09/2023 9:13:08 AM
Nifty has an immediate support placed at 19460 and on a decisive close below expect a fall to 19390-19300 levels - Nirmal Bang Market Review: Indian markets gained moderately on Monday. PSU banks, IT and metal shares rallied while FMCG and consumer durables stocks lagged. the S&P BSE Sensex, was up 240.98 points or 0.37% to 65,628.14. The Nifty 50 index added 93.50 points or 0.48% to 19,528.80. Nifty Technical Outlook Nifty is expected to open flattish note and likely to witness sideways move during the day. On Technical grounds, Nifty has an immediate support at 19460. Any move below the same may extend...
Nifty has an immediate support placed at 19460 and on a decisive close below expect a fall to 19390-19300 levels - Nirmal Bang
Nifty has an immediate support placed at 19460 and on a decisive close below expect a fall to 19390-19300 levels - Nirmal Bang
Source: Nirmal Bang Ltd
5/09/2023 9:08:41 AM
Index is likely to open on a flat today and is likely to remain range-bound during the day - Nirmal Bang Summary * Indian markets closed on a positive note where buying was mainly seen in Banking, Technology, Metals sectors. Nifty Sep Future closed at 19608.80 (up 96.70 points) at a premium of 80.00 pts to spot. * FIIs were net sellers in Cash to the tune of 3367.67 Cr and were net buyers in index futures to the tune of 149.65 Cr. * India VIX decreased by 3.54% to close at 10.96 touching an intraday high of 11.54. Open Interest in Nifty Options: * The above second chart shows prev...
Index is likely to open on a flat today and is likely to remain range-bound during the day - Nirmal Bang
Index is likely to open on a flat today and is likely to remain range-bound during the day - Nirmal Bang
Source: Nirmal Bang Ltd
5/09/2023 8:55:49 AM
Index is likely to open on a positive today and is likely to remain positive during the day - Nirmal Bang Summary * Indian markets closed on a positive note where buying was mainly seen in Banking, Automobile, Metals sectors. Nifty Sep Future closed at 19512.10 (up 260.10 points) at a premium of 76.80 pts to spot. * FIIs were net buyers in Cash to the tune of 487.94 Cr and were net buyers in index futures to the tune of 98.54 Cr. * India VIX decreased by 5.78% to close at 11.37 touching an intraday high of 12.18.   Open Interest in Nifty Options: * The above second ...
Index is likely to open on a positive today and is likely to remain positive during the day - Nirmal Bang
Index is likely to open on a positive today and is likely to remain positive during the day - Nirmal Bang
Source: Nirmal Bang Ltd
4/09/2023 9:19:32 AM
Nifty has an immediate resistance placed at 19500 - Nirmal Bang Market Review: Indian markets ended higher on Friday. Nifty Metal, Nifty Auto, and Nifty PSU Bank performed better than the Nifty 50, while Nifty Healthcare, Nifty Pharma, and Nifty Media lagged. The barometer index, the S&P BSE Sensex rallied 555.75 points or 0.86% to 65,387.16. The Nifty 50 index added 181.50 points or 0.94% to 19,435.30.   Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technic...
Nifty has an immediate resistance placed at 19500 - Nirmal Bang
Nifty has an immediate resistance placed at 19500 - Nirmal Bang
Source: Nirmal Bang Ltd
4/09/2023 9:04:41 AM
Monthly Report - September 2023 Series By Nirmal Bang MARKET OUTLOOK Along with the world markets we saw correction in key indices in India as well. But the broader market continues to do well and BSE small cap index increased by 6.8% in last one month. The rally in small cap stocks is continuing uninterrupted since last 5 months and BSE small cap index is up by 43% as compared to 14% for Nifty. We saw improvement in performance in Q4FY23 and Q1FY24 results but we feel now the rally is becoming more driven by large participation of HNI and sm...
Monthly Report - September 2023 Series By Nirmal Bang
Monthly Report - September 2023 Series By Nirmal Bang
Source: Nirmal Bang Ltd
1/09/2023 5:36:34 PM
Market is expected to open flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd Market Review US: The S&P 500 ended lower and the Nasdaq higher on Thursday after U.S. inflation data matched estimates, underscoring expectations the Federal Reserve could pause its monetary tightening, while Salesforce climbed following an up upbeat forecast.. Asia: Asian shares edged higher on Friday as China stepped up efforts to support its housing sector and stabilise the yuan, though investors remained cautious ahead of U.S. jobs data that could make or break the case for fur...
Market is expected to open flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd
Market is expected to open flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
1/09/2023 9:28:12 AM
Nifty has an immediate support placed at 19170 and on a decisive close below expect a fall to 19100-19000 levels - Nirmal Bang Ltd Market Review: Indian markets ended lower on Thursday. The consumer durables, realty and IT shares performed well, while PSU banks, energy and FMCG shares faced pressure. The S&P BSE Sensex slipped 255.84 points or 0.39% to 64,831.41. The Nifty 50 index lost 93.65 points or 0.48% to 19,253.80. Nifty Technical Outlook Nifty is expected to open flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate support at 19170. Any move b...
Nifty has an immediate support placed at 19170 and on a decisive close below expect a fall to 19100-19000 levels - Nirmal Bang Ltd
Nifty has an immediate support placed at 19170 and on a decisive close below expect a fall to 19100-19000 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
1/09/2023 9:22:17 AM
India VIX increased by 2.22% to close at 12.06 touching an intraday high of 12.28 - Nirmal Bang Ltd Summary * Indian markets closed on a negative note where selling was mainly seen in Oil-Gas, Pharma, FMCG sectors. Nifty Aug Future closed at 19252 (down 90.50 points) at a discount of 1.80 pts to spot. * FIIs were net sellers in Cash to the tune of 2973 Cr and were net sellers in index futures to the tune of 2489.96 Cr. * India VIX increased by 2.22% to close at 12.06 touching an intraday high of 12.28. * The above second chart shows previous trading day’s change in Nifty o...
India VIX increased by 2.22% to close at 12.06 touching an intraday high of 12.28 - Nirmal Bang Ltd
India VIX increased by 2.22% to close at 12.06 touching an intraday high of 12.28 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
1/09/2023 8:59:32 AM
Market is expected to open on a flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd Market Review US: The S&P 500 and Nasdaq closed higher on Wednesday as fresh economic data signaled a cooling U.S. economy, reinforcing expectations the Federal Reserve will pause rate hikes in September Asia: Asian markets opened on a mixed note on Thursday as investors await a deluge of top-tier Asian economic indicators on Thursday, including the latest official Chinese purchasing managers index reports and India's GDP number for June quarter India: Indian stock indices en...
Market is expected to open on a flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd
Market is expected to open on a flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
31/08/2023 9:15:07 AM
Nifty is expected to open flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd Market Review: Indian markets ended nearly unchanged on Wednesday. This impacted domestic banking stocks, while mid- and small-cap segment. The S&P BSE Sensex, was up 11.43 points or 0.02% to 65,087.25. The Nifty 50 index added 4.80 points or 0.02% to 19,347.45. Nifty Technical Outlook Nifty is expected to open flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 19430. If nifty closes above that, further ups...
Nifty is expected to open flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd
Nifty is expected to open flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
31/08/2023 9:11:59 AM
Market is expected to open gap up and likely to witness positive move during the day - Nirmal Bang Ltd Market Review US: Wall Street closed higher overnight after data showed dampening consumer confidence and fall in job openings, easing rate concerns as they signalled that the U.S. Federal Reserve's policy tightening has resulted in cooling the economy. Asia: Asian equities rose on Wednesday as weak U.S. labour data bolstered bets that the Federal Reserve was likely done with its interest rate hikes, while beaten-down China stocks rose for a third straight day. India: Domestic eq...
Market is expected to open gap up and likely to witness positive move during the day - Nirmal Bang Ltd
Market is expected to open gap up and likely to witness positive move during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
30/08/2023 9:12:41 AM
Nifty has an immediate resistance placed at 19440 and on a decisive close above expect a rise to 19550-19640 levels - Nirmal Bang Ltd Market Review: Indian markets recorded minor gains on Tuesday. The sectoral performance was mixed, with metals and realty sectors seeingdecent gains, while PSU banks and FMCG sectors experienced slight declines. The S&P BSE Sensex rose 79.22 points or 0.12% to 65,075.82. The Nifty 50 index added 36.60 points or 0.19% to 19,342.65. Nifty Technical Outlook Nifty is expected to open gap up and likely to witness positive move during the day. On technical grounds, Nifty has an immedia...
Nifty has an immediate resistance placed at 19440 and on a decisive close above expect a rise to 19550-19640 levels - Nirmal Bang Ltd
Nifty has an immediate resistance placed at 19440 and on a decisive close above expect a rise to 19550-19640 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
30/08/2023 9:05:30 AM
Market is expected to open on a flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd Market Review US: US stocks ended higher while Treasury yields retraced on Monday ahead of key economic data that would give cues on the Federal Reserve’s interest rate decision in September. Asia: Most Asian stocks moved in a tight range on Tuesday as markets awaited a barrage of key economic readings this week, while a rally in Chinese shares appeared to have run dry despite government measures to support local equities. India: The stock market closed the trading session with...
Market is expected to open on a flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd
Market is expected to open on a flattish note and likely to witness sideways move during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
29/08/2023 9:13:33 AM
Nifty has an immediate resistance placed at 19380 and on a decisive close above expect a rise to 19500-19600 levels - Nirmal Bang Ltd Market Review: Indian markets managed to make slight gains on Monday. The Nifty Realty, Pharma, and Healthcare indices outperformed the Nifty 50 while the Nifty IT, FMCG, and Oil & Gas indices underperformed. The barometer index, the S&P BSE Sensex gained 110.09 points or 0.17% to 64,996.60. The Nifty 50 index added 40.25 points or 0.21% to 19,306.05. Nifty Technical Outlook Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On te...
Nifty has an immediate resistance placed at 19380 and on a decisive close above expect a rise to 19500-19600 levels - Nirmal Bang Ltd
Nifty has an immediate resistance placed at 19380 and on a decisive close above expect a rise to 19500-19600 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
29/08/2023 9:08:35 AM
Market is expected to open on a positive note and likely to witness sideways move during the day - Nirmal Bang Ltd Market Review US: US stocks ended a volatile session higher on Friday as investors digested comments from Federal Reserve Chair Jerome Powell that the U.S. central bank may need to raise interest rates further to ensure inflation is contained. Asia: Asian shares rallied on Monday as China announced new measures to support its ailing markets, though the mood was cautious ahead of readings on U.S. jobs and inflation that could decide whether interest rates have to rise again. India: Th...
Market is expected to open on a positive note and likely to witness sideways move during the day - Nirmal Bang Ltd
Market is expected to open on a positive note and likely to witness sideways move during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
28/08/2023 9:09:30 AM
Index is likely to open on a positive note today and is likely to remain rangebound during the day - Nirmal Bang Ltd Summary * Indian markets closed on a negative note where selling was mainly seen in Banking, Metals, Pharma sectors. Nifty Aug Future closed at 19250.30 (down 145.30 points) at a discount of 15.50 pts to spot. * FIIs were net sellers in Cash to the tune of 4638.21 Cr and were net sellers in index futures to the tune of 1264.45 Cr. * India VIX increased by 3.26% to close at 12.08 touching an intraday high of 12.24. Open Interest in Nifty Options: * The above second chart shows p...
Index is likely to open on a positive note today and is likely to remain rangebound during the day - Nirmal Bang Ltd
Index is likely to open on a positive note today and is likely to remain rangebound during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
28/08/2023 8:55:35 AM
Market is expected to open gap down and likely to witness selling pressure during the day - Nirmal Bang Ltd Market Review US: The three major U.S. stock indexes ended down more than 1% each on Thursday, led by a drop in the Nasdaq after this week's sharp gains and as investors were nervous ahead of Federal Reserve Chair Jerome Powell's speech Friday. Asia: Asia-Pacific markets fell across the board as investors prepared for signals on U.S. monetary policy from central bankers’ comments at the Jackson Hole meeting on Friday, including a speech by U.S. Federal Reserve chair Jerome...
Market is expected to open gap down and likely to witness selling pressure during the day - Nirmal Bang Ltd
Market is expected to open gap down and likely to witness selling pressure during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
25/08/2023 9:05:18 AM
Nifty has an immediate support placed at 19300 and on a decisive close below expect a fall to 19200-19130 levels - Nirmal Bang Ltd Market Review: Indian markets ended three-day winning streak came to a halt on Thursday, Despite the overall downturn, IT and FMCG stocks managed to secure gains, while the pharma and healthcare stocks succumbed to losses.The S&P BSE Sensex declined 180.96 points or 0.28% to 65,252.34. The Nifty 50 index lost 57.30 points or 0.29% to 19,386.70. Nifty Technical Outlook Nifty is expected to open gap down and likely to witness selling pressure during the day. On technical grounds, N...
Nifty has an immediate support placed at 19300 and on a decisive close below expect a fall to 19200-19130 levels - Nirmal Bang Ltd
Nifty has an immediate support placed at 19300 and on a decisive close below expect a fall to 19200-19130 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
25/08/2023 9:00:06 AM
IPO NOTE : Vishnu Prakash R Punglia Ltd By Nirmal Bang Ltd BACKGROUND VPRP is an EPC company mainly focused in Water Supply Projects (WSPs) which constitutes 78% of its outstanding order book. It is also present in projects related to railways, roads and irrigation. Rajasthan constitutes the largest share in its order book at 62%. The company’s in-house integrated model ensures that products and services required for development and construction of a project meet quality standards and are delivered in a timely manner, thus reducing contractu...
IPO NOTE : Vishnu Prakash R Punglia Ltd By Nirmal Bang Ltd
IPO NOTE : Vishnu Prakash R Punglia Ltd By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
24/08/2023 11:43:39 AM
Market is expected to open gap up and likely to witness positive move during the day - Nirmal Bang Ltd Market Review US: Major indexes trimmed some gains but ended sharply higher Wednesday ahead of Fed chief Jerome Powell's speech. The Dow Jones Industrial Average lagged other indexes with a 0.5% gain at the closing bell. Asia: Asia-Pacific markets rose ahead of central bank rate decisions from South Korea and Indonesia, although both central banks are expected to hold their benchmark policy rates unchanged at 3.5% and 5.75% respectively. India: Frontline indices logged steady gai...
Market is expected to open gap up and likely to witness positive move during the day - Nirmal Bang Ltd
Market is expected to open gap up and likely to witness positive move during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
24/08/2023 9:04:40 AM
Nifty has an immediate resistance placed at 19520 and on a decisive close above expect a rise to 19600-19750 levels - Nirmal Bang Ltd Market Review: Indian markets ended higher for the third consecutive session, with the Nifty closing above the 19,400 level after hitting a morning low of 19,366.60. banking stocks strengthened, driving a market recovery. The barometer index, the S&P BSE Sensex gained 213.27 points or 0.33% to 65,433.30. The Nifty 50 index added 47.55 points or 0.25% to 19,444. Nifty Technical Outlook Nifty is expected to open gap up and likely to witness positive move during the day. On technica...
Nifty has an immediate resistance placed at 19520 and on a decisive close above expect a rise to 19600-19750 levels - Nirmal Bang Ltd
Nifty has an immediate resistance placed at 19520 and on a decisive close above expect a rise to 19600-19750 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
24/08/2023 8:54:15 AM
Market is expected to open on a flattish note and likely to remain range bound during the day - Nirmal Bang Ltd Market Review US: US stocks pulled back as investors waited for FED Chair's speech and Nvidia's quarterly report. Dow fell 0.51% after sporting goods makers results and raised questions about strength of consumer spending, S&P lost 0.25% and Nasdaq closed just above the flat line as names like Tesla, Alphabet and MSFT supported the index. Asia: Asia-Pacific markets are mixed on Wednesday as investors assess private business activity surveys from Australia and Japan, as well ...
Market is expected to open on a flattish note and likely to remain range bound during the day - Nirmal Bang Ltd
Market is expected to open on a flattish note and likely to remain range bound during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
23/08/2023 9:18:28 AM
Nifty has an immediate support placed at 19330 and on a decisive close below expect a fall to 19240-19170 levels - Nirmal Bang Ltd Market Review: Indian markets closed nearly unchanged on Tuesday. The upward momentum of Indian equities was affected by concerns over global uncertainties. Sectors focused on exports, such as IT and pharma, witnessed selling, while power and capital goods stocks gained traction. The S&P BSE Sensex rose 3.94 points or 0.01% to 65,220.03. The Nifty 50 index advanced 2.85 points or 0.01% to 19,396.45 Nifty Technical Outlook Nifty is expected to open with on flattish note and is lik...
Nifty has an immediate support placed at 19330 and on a decisive close below expect a fall to 19240-19170 levels - Nirmal Bang Ltd
Nifty has an immediate support placed at 19330 and on a decisive close below expect a fall to 19240-19170 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
23/08/2023 9:07:47 AM
Index is likely to open on a flat note today and is likely to remain range bound during the day - Nirmal Bang Ltd Summary * Indian markets closed on a flat note where buying was mainly seen in Automobile, Metals, FMCG sectors. Nifty Aug Future closed at 19386.30 (down 13.25 points) at a discount of 10.15 pts to spot. * FIIs were net sellers in Cash to the tune of 495.17 Cr and were net sellers in index futures to the tune of 48.71 Cr. * India VIX decreased by 1.77% to close at 11.75 touching an intraday high of 12.09. Open Interest in Nifty Options: * The above second chart shows previous ...
Index is likely to open on a flat note today and is likely to remain range bound during the day - Nirmal Bang Ltd
Index is likely to open on a flat note today and is likely to remain range bound during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
23/08/2023 8:57:19 AM
Market is expected to open with on flattish note and is likely to remain range bound during the day - Nirmal Bang Ltd Market Review US: U.S. stock futures were flat Monday night as the Nasdaq Composite and the S&P 500 snapped a four-day negative streak, in what has been a losing month for all the major averages. Asia: Asia-Pacific markets largely rose even as yields of U.S. 10- year Treasury bonds hit levels not seen in over a decade. India: On Monday, domestic equity indices, Sensex and Nifty ended with decent gains, snapping a two day losing streak. Market is expected to open with on flattish ...
Market is expected to open with on flattish note and is likely to remain range bound during the day - Nirmal Bang Ltd
Market is expected to open with on flattish note and is likely to remain range bound during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
22/08/2023 9:32:26 AM
Nifty has an immediate resistance placed at 19470 and on a decisive close above expect a rise to 19540/19640 levels - Nirmal Bang Ltd Market Review: Indian markets recovered with mild gains on Monday, breaking a twoday losing streak. The IT sector's performance contributed to the positive momentum. Investors are eagerly awaiting the comments of the Fed chair regarding interest rates as they seek clarity. The S&P BSE Sensex advanced 267.43 points or 0.41% to 65,216.09. The Nifty 50 index added 83.45 points or 0.43% to 19,393.60 Nifty Technical Outlook Nifty is expected to open with on flattish note and is li...
Nifty has an immediate resistance placed at 19470 and on a decisive close above expect a rise to 19540/19640 levels - Nirmal Bang Ltd
Nifty has an immediate resistance placed at 19470 and on a decisive close above expect a rise to 19540/19640 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
22/08/2023 9:04:16 AM
Index is likely to open on a negative note today and is likely to remain range bound during the day - Nirmal Bang Ltd Summary * Indian markets closed on a positive note where buying was mainly seen in Technology, Metals, Banking sectors. Nifty Aug Future closed at 19399.55 (up 68.05 points) at a premium of 5.95 pts to spot. * FIIs were net sellers in Cash to the tune of 1901.10 Cr and were net buyers in index futures to the tune of 211.99 Cr. * India VIX decreased by 1.50% to close at 11.96 touching an intraday high of 12.59 Open Interest in Nifty Options: * The above second chart shows previo...
Index is likely to open on a negative note today and is likely to remain range bound during the day - Nirmal Bang Ltd
Index is likely to open on a negative note today and is likely to remain range bound during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
22/08/2023 8:45:53 AM
Market is expected to open on flattish note and is likely to remain range bound during the day - Nirmal Bang Ltd Market Review US: The S&P 500 ended nearly flat on Friday as gains in defensive sectors and energy offset weakness in megacap growth stocks, while investors looked toward next week's speech by Federal Reserve Chair Jerome Powell. The tech-heavy Nasdaq posted the biggest weekly decline of the three major indices. Asia: Asian markets stumbled on Monday after China delivered a smaller cut to lending rates than markets had counted on, continuing Beijing's run of disappointing st...
Market is expected to open on flattish note and is likely to remain range bound during the day - Nirmal Bang Ltd
Market is expected to open on flattish note and is likely to remain range bound during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
21/08/2023 9:24:44 AM
Nifty has an immediate support placed at 19300 and on a decisive close below expect a fall to 19240-19170 levels - Nirmal Bang Ltd Market Review: Indian markets market saw a second consecutive decline on Friday, with the Nifty index closing just above 19,300. This was mainly due to profit-taking in IT and PSU stocks. The S&P BSE Sensex declined 202.36 points or 0.31% to 64,948.66. The Nifty 50 index lost 55.10 points or 0.28% to 19,310.15 Nifty Technical Outlook Nifty is expected to open with on flattish note and is likely to remain rangebound during the day. On technical grounds, Nifty ia taking a support o...
Nifty has an immediate support placed at 19300 and on a decisive close below expect a fall to 19240-19170 levels - Nirmal Bang Ltd
Nifty has an immediate support placed at 19300 and on a decisive close below expect a fall to 19240-19170 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
21/08/2023 9:16:59 AM
Index is likely to open on a flat note today and is likely to remain range bound during the day - Nirmal Bang Ltd Summary * Indian markets closed on a negative note where selling was mainly seen in Technology, Finance, Banking sectors. * Nifty Aug Future closed at 19331.50 (down 62.40 points) at a premium of 21.35 pts to spot. * FIIs were net sellers in Cash to the tune of 266.98 Cr and were net buyers in index futures to the tune of 1071.06 Cr. * India VIX decreased by 0.79 to close at 12.14 touching an intraday high of 12.49. Open Interest in Nifty Options:   * The abo...
Index is likely to open on a flat note today and is likely to remain range bound during the day - Nirmal Bang Ltd
Index is likely to open on a flat note today and is likely to remain range bound during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
21/08/2023 9:04:51 AM
Market is expected to open with gap down and is likely to remain under selling pressure during the day - Nirmal Bang Ltd Market Review US: Wall Street's main indexes closed lower after choppy trading on Thursday The S&P 500 is down 2.7% over the past three sessions, its deepest three-session drop since mid-March. The Nasdaq's 3.4% drop over three days marks its deepest three-day drop since February. Asia: Most Asian stocks kept to a tight range on Friday amid persistent fears of rising U.S. interest rates, although signals of more Chinese stimulus measures helped local shares mark some gains. ...
Market is expected to open with gap down and is likely to remain under selling pressure during the day - Nirmal Bang Ltd
Market is expected to open with gap down and is likely to remain under selling pressure during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
18/08/2023 8:56:02 AM
Nifty has an immediate support placed at 19300 and on a decisive close below expect a fall to 19240-19170 levels - Nirmal Bang Ltd Market Review: Indian markets ended lower on Thursday, snapping a two-day gaining streak. Consumer durables and PSU banks shares advanced. On the other hand, FMCG and oil & gas shares declined. The S&P BSE Sensex declined 388.40 points or 0.59% to 65,151.02. The Nifty 50 index lost 99.75 points or 0.51% to 19,365.25 Nifty Technical Outlook Nifty is expected to open with gap down and is likely to remain under selling pressure during the day. On technical grounds, Nifty has an ...
Nifty has an immediate support placed at 19300 and on a decisive close below expect a fall to 19240-19170 levels - Nirmal Bang Ltd
Nifty has an immediate support placed at 19300 and on a decisive close below expect a fall to 19240-19170 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
18/08/2023 8:51:45 AM
Market is expected to open with gap down and likely to witness profit booking during the day - Nirmal Bang Ltd Market Review US: Wall Street ended lower on Wednesday after the Federal Reserve's minutes showed central bank officials were divided over the need for more interest rate hikes at their last meeting. Asia: Shares in Asia fell Thursday after a selloff in US stocks and bonds as investors digested hawkish signals from the Federal Reserve and further signs of stress in China. India: The BSE Sensex gained 137 points to close Wednesday's session at 65,539 points, while the Nifty50 ...
Market is expected to open with gap down and likely to witness profit booking during the day - Nirmal Bang Ltd
Market is expected to open with gap down and likely to witness profit booking during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
17/08/2023 9:00:19 AM
Nifty has an immediate support placed at 19390 and on a decisive close below expect a fall to 19300-19240 levels - Nirmal Bang Ltd Market Review: Indian markets ended with decent gains on Wednesday. Banks and metal shares declined while auto and pharma shares ended with gains. The BSE Sensex advanced 137.50 points or 0.21% to 65,539.42. The Nifty 50 index added 30.45 points or 0.16% to 19,465. Nifty Technical Outlook Nifty is expected to open with gap down and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate support at 19390. Any move below the same may extend the fal...
Nifty has an immediate support placed at 19390 and on a decisive close below expect a fall to 19300-19240 levels - Nirmal Bang Ltd
Nifty has an immediate support placed at 19390 and on a decisive close below expect a fall to 19300-19240 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
17/08/2023 8:52:55 AM
Market is expected to open with gap down and likely to witness profit booking during the day - Nirmal Bang Ltd Market Review US: U.S. stocks fell and oil slid over 1% on Tuesday as investors renewed fresh concerns over whether the Federal Reserve was done hiking interest rates and the resilience of China's economy Asia: Asia stocks hit a 11-week low on Wednesday as renewed concerns about U.S. interest rates slugged Wall Street, while investors still smarted from dismal Chinese economic data and the absence of meaningful stimulus. India: Benchmark equity indices bounced back sharply and en...
Market is expected to open with gap down and likely to witness profit booking during the day - Nirmal Bang Ltd
Market is expected to open with gap down and likely to witness profit booking during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
16/08/2023 9:13:32 AM
Nifty has an immediate support placed at 19370 and on a decisive close below expect a fall to 19300-19240 levels - Nirmal Bang Ltd Market Review: Indian markets ended with tiny gains on Monday, snapping a two-day losing streak. Metals and PSU bank shares tumbled. On the other hand, IT and FMCG shares advanced. The S&P BSE Sensex gained 79.27 points or 0.12% to 65,401.92. The Nifty 50 index added 6.25 points or 0.03% to 19,434.55. Nifty Technical Outlook Nifty is expected to open with gap down and likely to witness profit booking during the day. On technical grounds, Nifty has an immediate support at 19390. A...
Nifty has an immediate support placed at 19370 and on a decisive close below expect a fall to 19300-19240 levels - Nirmal Bang Ltd
Nifty has an immediate support placed at 19370 and on a decisive close below expect a fall to 19300-19240 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
16/08/2023 8:55:10 AM
Market is expected to to open with gap down and likely to witness profit booking during the day - Nirmal Bang Ltd US: On account of renewed fear of US Fed rate hike post-rise in US inflation, Wall Street indices witnessed sell off pressure on Friday session. Nasdaq index fell around 0.68 % on Friday Asia: Asian shares struggled on Monday ahead of China data that is likely to amplify the case for serious stimulus even as Beijing seems deaf to the calls, while rising Treasury yields pressured sky-high valuations on tech stocks and underpinned the dollar. India: Nifty fell for the second consecutive s...
Market is expected to to open with gap down and likely to witness profit booking during the day - Nirmal Bang Ltd
Market is expected to to open with gap down and likely to witness profit booking during the day - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
14/08/2023 9:12:00 AM
Nifty has an immediate support placed at 19370 and on a decisive close below expect a fall to 19300-19240 levels - Nirmal Bang Ltd Market Review: Indian markets ended ended with modest losses on Friday. PSU Bank and consumer durables shares advanced. On the flip side, media, pharma and healthcare stocks witnessed a bit of a selling pressure. the S&P BSE Sensex slipped 365.53 points or 0.56% to 65,322.65. The Nifty 50 index lost 114.80 points or 0.59% to 19,428.30. Nifty Technical Outlook Nifty is expected to open with gap down and likely to witness profit booking during the day. On technical grounds, Nifty h...
Nifty has an immediate support placed at 19370 and on a decisive close below expect a fall to 19300-19240 levels - Nirmal Bang Ltd
Nifty has an immediate support placed at 19370 and on a decisive close below expect a fall to 19300-19240 levels - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
14/08/2023 9:06:58 AM