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Below the Quote on Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking The benchmark Sensex and Nifty indices are expected to open flat on Dec 24, following GIFT Nifty trends indicating a loss of 2 points for the broader index. After a flat opening, Nifty can find support at 23,650 followed by 23,500 and 23,400. On the higher side, 23,950 can be an immediate resistance, followed by 24,050 and 24,200. The charts of Bank Nifty indicate that it may ge...

Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking

Source: Choice Broking
2024-12-24 09:06:33 am

Below the Quote on Markets by Mr. Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher Indian equity markets rebounded on Monday, snapping a five-day losing streak. The BSE Sensex climbed 498.58 points (0.64%) to close at 78,540.17, while the NSE Nifty rose 165.95 points (0.70%) to settle at 23,753.45. This recovery was driven by gains in financial and IT sectors, with HDFC Bank shares rising nearly 2%. The positive sentiment was influenced by softer U.S. inflation dat...

Quote on Markets by Mr. Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher

Source: Prabhudas Lilladher
2024-12-23 05:47:59 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Today, the benchmark indices witnessed rollercoaster activity, with the Nifty ends 166 points higher and the Sensex up by 499 points. Among sectors, the Realty index outperformed, rallied by 1.50 percent, while selective Auto stocks experienced intraday profit booking at higher levels. Technically, after a gap-up opening, the market exhibited range-bound activity throughout the day. It a...

Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-12-23 04:54:31 pm

Daily Market Analysis : Markets experienced a slight recovery after the recent decline, gaining over half a percent Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

Below the Quote on Daily Market Analysis by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd "Markets experienced a slight recovery after the recent decline, gaining over half a percent. Following an initial gap-up opening, the Nifty oscillated within a range and eventually settled at the 23,753.45 level. Most sectors contributed to the up move, with realty, banking, and FMCG emerging as the top gainers. Meanwhile, the broader indices remained subdued, ending ...

Daily Market Analysis : Markets experienced a slight recovery after the recent decline, gaining over half a percent Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

Source: Religare Broking Ltd
2024-12-23 04:11:05 pm

Morning Nifty and Derivative Comments 23 December 2024 By Anand James, Geojit Financial Services

Below the Quote on Technical Views by Anand James, Chief Market Strategist, Geojit Financial Services Nifty outlook: With the threat of low volumes looming for the last week of the year, Nifty is expected to attempt a pull back above 200 day SMA, presently at 2383. If relief rallies gain strength, expect 24165, but not much beyond. Alternatively, inability to float above 23700 after early upside a...

Morning Nifty and Derivative Comments 23 December 2024 By Anand James, Geojit Financial Services

Source: Geojit Financial Services Ltd
2024-12-23 10:25:41 am

Morning Market Quote : The FII buying witnessed in early December completely reversed last week with FII selling of Rs 15826 crores Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Below the Quote on Market by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services The FII buying witnessed in early December completely reversed last week with FII selling of Rs 15826 crores. The outperformance of the US (S&P 500 up 25% YTD) and the relative underperformance of India (Nifty up 14.64% YTD) are driving this change in FII strategy. The strength of the US economy, robust US corporate earnings, expectation of corporate tax c...

Morning Market Quote : The FII buying witnessed in early December completely reversed last week with FII selling of Rs 15826 crores Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Source: Geojit Financial Services Ltd
2024-12-23 10:22:43 am

Below the Quote on Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking The benchmark Sensex and Nifty indices are expected to open positive on Dec 23, following GIFT Nifty trends indicating a gain of 175 points for the broader index. After a positive opening, Nifty can find support at 23,600 followed by 23,500 and 23,400. On the higher side, 23,900 can be an immediate resistance, followed by 24,000 and 24,200. The charts of Bank Nifty indicate...

Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking

Source: Choice Broking
2024-12-23 09:04:47 am

Below the Quote on Real Estate Sector 2024 Recap and 2025 Outlook by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd “The Indian real estate sector surged in 2024, supported by rising urbanization, shifting lifestyles, and increasing demand across affordable, mid-income, and luxury segments. Residential demand has been particularly strong, while the luxury market saw a boost from high-net-worth individuals and NRIs keen on high-end ...

Quote on Real Estate Sector 2024 Recap and 2025 Outlook by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd

Source: Signature Global India Ltd
2024-12-22 10:05:18 am

Below the Quote on Post GST Council Meeting Insights by Gyanendra Tripathi, Partner & Leader (West), Indirect Tax, BDO India * The decision to retrospectively amend the CGST Act to overcome the Supreme Court decision in the case of the Safari Retreat would not be welcomed by the industry at large. Post the decision, many companies had claimed the ITC relating to the construction of some immovable properties (qualifying as a plant) for the past period and did not uti...

Quote on�Post GST Council Meeting Insights by Gyanendra Tripathi, Partner & Leader (West), Indirect Tax, BDO India

Source: BDO India
2024-12-22 09:16:58 am

Weekly Outlook: Sideways price action strategy remains sell on rise by Lovelesh Sharma, Consultant SAS Online - a deep discount broker

Below the Quote on Weekly Outlook: Sideways price action strategy remains sell on rise by Lovelesh Sharma, Consultant SAS Online - a deep discount broker Nifty Bears further grip the Nifty and broader market as we trend lower towards 23000. Nifty tested the 20 MA on weekly scale and sharply decline to close tad above 50 SMA. The Breadth data points to further weakness while the Santa-Claus rally has turned in favour of bears. Almost four weeks of gains wiped out th...

Weekly Outlook: Sideways price action strategy remains sell on rise by Lovelesh Sharma, Consultant SAS Online - a deep discount broker

Source: PR Agency
2024-12-21 02:14:14 pm

Weekly Note : The Markets faced significant pressure this week, losing nearly 5% and wiping out the gains of the past four weeks Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

Below the Quote on Weekly Note by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd The markets faced significant pressure this week, losing nearly 5% and wiping out the gains of the past four weeks. After a subdued start, benchmark indices, the Nifty and Sensex, continued to decline daily, closing near the week’s lows at 23,857.5 and 78,041.59, respectively. Persistent selling by FIIs, coupled with the hawkish tone of the US Federal Reserve, disrupted the rec...

Weekly Note : The Markets faced significant pressure this week, losing nearly 5% and wiping out the gains of the past four weeks Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

Source: Religare Broking Ltd
2024-12-21 01:50:56 pm

Daily Market Commentary : The broader market was hit even harder, with the Midcap100 and Smallcap100 indices falling 2.8% and 2.2%, respectively Says Mr. Siddhartha Khemka, Motilal Oswal

Below the Quote on Daily market commentary by Mr. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd The Nifty index opened flat but sharply declined in the latter half of the session, ending the day with a loss of 364 points (-1.5%) at 23,587. The broader market was hit even harder, with the Midcap100 and Smallcap100 indices falling 2.8% and 2.2%, respectively. Every sector closed in the red, with losses ranging from 1% to ...

Daily Market Commentary : The broader market was hit even harder, with the Midcap100 and Smallcap100 indices falling 2.8% and 2.2%, respectively Says Mr. Siddhartha Khemka, Motilal Oswal

Source: Motilal Oswal Financial Services Ltd
2024-12-20 05:53:19 pm

Quote on Market Round-Up by Shrikant Chouhan, Head Equity Research, Kotak Securities The Nifty-50 Index and Sensex ended down around 4.25% down in the past week. Both the mid-cap index and small-cap index lost around 2% outperforming large-caps. Global equity markets witnessed various degrees of sell-off (Brazil down 10%, Japan down 5%, S&P-500 down 4%) in the past week, in the aftermath of the US Fed policy meeting, where the US Fed cautioned on the pace of future rate cuts....

Quote on Market Round-Up by Shrikant Chouhan, Head Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-12-20 05:10:54 pm

Below the Quote on Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities In the last week, the benchmark indices corrected sharply, with the Nifty ending 4.7 percent lower, while the Sensex was down by 4100 points. Among sectors, the Pharma index outperformed, rallying over 1.5 percent, whereas the Metal and Bank Nifty indices corrected sharply, shed over 5 percent. During the week, the market slipped below the 20-day and 50-day Simple Moving Averages ...

Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities

Source: Kotak Securities Ltd
2024-12-20 05:02:06 pm

Below the Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research "It has been a muted week for the markets, largely driven by a global sell-off after the US Federal Reserve signalled a slower pace of future rate cuts. This cautious outlook resulted in significant declines in major US indices, with the Dow Jones dropping 4% and the Nasdaq 100 falling 2.5%. On the domestic front, the Nifty 50 declined by 2.4% this week, extending its overall drawdown to ...

Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research

Source: Capitalmind Research
2024-12-20 04:59:33 pm

Below the Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities "The rupee traded with strength at 85.02 for the day, gaining 0.12rs as it bounced back from oversold levels near 85.10. Despite this recovery, the dollar index's sustained strength continues to exert pressure on the rupee, contributing to its weakness for the fourth consecutive week. While today's gains provided some relief, the broader trend remains bearish. T...

Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Source: LKP Securities Ltd
2024-12-20 04:57:09 pm

Below the Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities "Gold witnessed minor buying as the $2,600 level on Comex acted as a temporary support, alongside Rs.75,500 in the domestic MCX market. The momentum remains volatile due to uncertainties surrounding the interest rate cycle. Although the Fed decided to keep rates lower, its projections indicated fewer rate cuts going forward, which has maintained pressure on gold prices f...

Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Source: LKP Securities Ltd
2024-12-20 04:55:26 pm

Market Quote : Disappointment regarding the slower-than-anticipated rate cuts by the US Fed has adversely affected global market sentiment Says Vinod Nair, Head of Research, Geojit Financial Services

Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services "Disappointment regarding the slower-than-anticipated rate cuts by the US Fed has adversely affected global market sentiment. This bearish outlook is particularly impacting the domestic market, which is already contending with high valuations & low earnings growth. The sell-off has been widespread, with significant declines in mid- and small-cap stocks, where valuations premiu...

Market Quote : Disappointment regarding the slower-than-anticipated rate cuts by the US Fed has adversely affected global market sentiment Says Vinod Nair, Head of Research, Geojit Financial Services

Source: Geojit Financial Services Ltd
2024-12-20 04:51:16 pm

Daily Market Analysis : Markets experienced a sharp decline on Friday, shedding nearly one and a half percent as the corrective phase persisted Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

Below the Quote on Daily Market Analysis by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd "Markets experienced a sharp decline on Friday, shedding nearly one and a half percent as the corrective phase persisted. After a choppy start, the Nifty index steadily weakened throughout the day, breaching the critical support of its long-term moving average, the 200 DEMA. Selling pressure was evident across sectors, with realty, IT, and auto taking the hardest hits....

Daily Market Analysis : Markets experienced a sharp decline on Friday, shedding nearly one and a half percent as the corrective phase persisted Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

Source: Religare Broking Ltd
2024-12-20 04:48:12 pm

India`s Steel Imports from China Hit Record High in FY25 by Amit Gupta, Kedia Advisory

India's finished steel imports from China reached a record high in the first eight months of FY25, with 1.96 million metric tons shipped, a 22.8% increase year-on-year. Overall, steel imports rose 26.6%, hitting an eight-year high, with China, Japan, and South Korea accounting for 79% of total imports. The surge has impacted India's smaller mills, forcing operational cuts, as New Delhi considers safeguard duties to curb the influx. While India's steel demand remains strong, driven...

India`s Steel Imports from China Hit Record High in FY25 by Amit Gupta, Kedia Advisory

Source: Kedia Advisory
2024-12-20 03:21:39 pm

Comment on the Net Zero water certification on NTPC RGPPL Ratnagiri Township Becomes India`s First to Achieve IGBC Net Zero Water Certification by Viswajit Srinivasan, a senior banker of Indian origin based out of the UK

Below the Comment on the Net Zero water certification on NTPC RGPPL Ratnagiri Township Becomes India’s First to Achieve IGBC Net Zero Water Certification by Viswajit Srinivasan, a senior banker of Indian origin based out of the UK “Ratnagiri Gas and Power Private Limited (RGPPL) Township being the first township to achieve the Net Zero certification from IGBC is a remarkable milestone. It has been estimated by the IGBC that building projects consume 10% of all water c...

Comment on the Net Zero water certification on NTPC RGPPL Ratnagiri Township Becomes India`s First to Achieve IGBC Net Zero Water Certification by Viswajit Srinivasan, a senior banker of Indian origin based out of the UK

Source: PR Agency
2024-12-20 02:52:15 pm

China`s Coffee Market: Rapid Growth and Global Impact by Amit Gupta, Kedia Advisory

China's coffee consumption has surged by 150% over the past decade, driven by urbanization, younger demographics, and evolving preferences for higher-quality green coffee. Consumption is projected to reach 6.3 million 60-kg bags in 2024/25, with imports fulfilling a significant portion of demand. Production, concentrated in Yunnan Province, remains stable at around 2 million bags, with efforts to shift from Catimor to premium Arabica varieties like Bourbon and Typica. Import trends reveal...

China`s Coffee Market: Rapid Growth and Global Impact by Amit Gupta, Kedia Advisory

Source: Kedia Advisory
2024-12-20 01:00:34 pm

China`s November Soybean Imports : Shift from Brazil to U.S. by Amit Gupta, Kedia Advisory

In November 2024, China's soybean imports from Brazil fell 25% year-on-year, while U.S. shipments surged as concerns over trade tensions influenced buying decisions. China imported 2.79 million tons of U.S. soybeans, an increase from 2.29 million tons last year. Despite a decline in Brazilian imports, they still accounted for the majority at 3.94 million tons. Argentina saw a significant rise in shipments with 242,227 tons, up from 54,214 tons in November 2023. For the 11 months of 2024, ...

China`s November Soybean Imports : Shift from Brazil to U.S. by Amit Gupta, Kedia Advisory

Source: Kedia Advisory
2024-12-20 12:57:29 pm

Below the Quote on Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking The benchmark Sensex and Nifty indices are expected to open negative on Dec 20, following GIFT Nifty trends indicating a loss of 88 points for the broader index. After a negative opening, Nifty can find support at 23,850 followed by 23,700 and 23,600. On the higher side, 24,100 can be an immediate resistance, followed by 24,200 and 24,300. The charts of Bank Nifty indicate that ...

Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking

Source: Choice Broking
2024-12-20 09:24:32 am

Below the Quote on Perspective on FOMC by Ms. Madhavi Arora, Lead Economist, Emkay Global Financial Services * Fed delivers a hawkish cut: The Fed cut its policy rate by 25bps yesterday, as expected, bringing down the Fed Funds rate to 4.25-4.50%. However, this was a hawkish cut, with the statement indicating that the "extent and timing" of further cuts will depend on data. Powell also stated in the post-meeting press conference that the&nb...

Perspective on FOMC by Ms. Madhavi Arora, Lead Economist, Emkay Global Financial Services

Source: Emkay Global Financial Services Ltd
2024-12-19 06:13:37 pm

Perspective by Ms. Riya Singh - Research Analyst, Commodities and Currency , Emkay Global Financial Services

Below the Perspective by Ms. Riya Singh – Research Analyst, Commodities and Currency , Emkay Global India’s Trade Deficit and Rupee Challenges * India is facing mounting economic pressures as its trade deficit soared to a record high of $37.8 billion in November, up sharply from $27.1 billion in October. This significant gap, driven by record gold imports and a sharp decline in exports, has brought renewed focus on the Indian rupee and the Reserve Bank of Indi...

Perspective by Ms. Riya Singh - Research Analyst, Commodities and Currency , Emkay Global Financial Services

Source: Emkay Global Financial Services Ltd
2024-12-19 05:58:25 pm

Comments On Fed`s Caution Sparks Market Volatility : A Strategic Opportunity for Investors By Dr. Vikas Gupta, CEO and Chief Investment Strategist, OmniScience Capital

Below the Comments On Fed`s Caution Sparks Market Volatility: A Strategic Opportunity for Investors By Dr. Vikas Gupta, CEO and Chief Investment Strategist, OmniScience Capital The Federal Reserve's final rate cut for 2024 has been overshadowed by the December meeting's dot plot update, which significantly revised the expectations for 2025 rate cuts from four to just two. This adjustment reflects the Fed’s cautious stance in light of inflation showing resistanc...

Comments On Fed`s Caution Sparks Market Volatility : A Strategic Opportunity for Investors By Dr. Vikas Gupta, CEO and Chief Investment Strategist, OmniScience Capital

Source: OmniScience Capital
2024-12-19 05:53:23 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Today, the benchmark indices corrected sharply, with the Nifty ends 247 points lower and the Sensex down by 964 points. Among sectors, the Pharma and Healthcare indices rallied over 1 percent, while the IT, Defence, and financial indices shed over 1 percent. Technically, after a gap down, the market hovered within the range of 23900/79200 to 24000/79500 throughout the day. We believ...

Market Wrap By Shrikant Chouhan, Head Equity Research, Kotak Securities

Source: Kotak Securities
2024-12-19 05:45:41 pm

Daily Market Analysis : The market extended its decline for another session, losing nearly 1%, primarily driven by weak global cues Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd "The market extended its decline for another session, losing nearly 1%, primarily driven by weak global cues. The Nifty opened with a downside gap, testing the support zone near the previous swing low of 23,850 in early trades. It then moved in a narrow range throughout the session before closing at 23,941 on the weekly expiry day. The selling pressure was broad-...

Daily Market Analysis : The market extended its decline for another session, losing nearly 1%, primarily driven by weak global cues Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd

Source: Religare Broking Ltd
2024-12-19 04:51:10 pm

Below the Quote on Fed Rate Cut by Dr Ravi Singh, SVP- Retail Research, Religare Broking Ltd "In a widely expected move, the Federal Reserve announced a 25-basis point rate cut yesterday, lowering its target range to 4.25%-4.5%, marking the third consecutive reduction aimed at supporting economic growth amid persistent inflation. While the decision was widely expected, the forward guidance surprised markets, as Fed Chair Jerome Powell indicated expectations for two additiona...

Quote on Fed Rate Cut by Dr Ravi Singh, SVP - Retail Research, Religare Broking Ltd

Source: Religare Broking Ltd
2024-12-19 03:41:28 pm

Below the Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities Comex gold futures fell below $2,600 per ounce owing to the Federal Reserve's hawkish tone, following a widely anticipated 25 basis point rate cut. This prompted the US 10-year yield to rise to 4.45%, and the US Dollar Index to hit a two-year high of 108.3. Fed Chair Jerome Powell remarked that the policy rate has been reduced by a full percentage point from its peak, making the ov...

Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-12-19 03:34:00 pm

Below the Perspective on Gold and Currency price reaction by Mr Nish Bhatt, Founder & CEO, Millwood Kane International The US Fed cut rates by 25 bps per the street expectation. What the market was not expecting was the hawkish Fed commentary. The Fed has now indicated only 2 rate cuts instead of 3-4 earlier. The US Fed also hiked its inflation expectations from 2.5% to 2.1% earlier. The Fed may take over 1-2 years to get inflation under check. This development led to a fall ...

Perspective on Gold and Currency price reaction by Mr Nish Bhatt, Founder & CEO, Millwood Kane International

Source: Millwood Kane International
2024-12-19 01:00:45 pm

Below the Quote on FOMC and US Fed rate cut by Piyush Mehta, smallcase Manager and CIO at Caprize Investment “As FEDs focus moves towards maximum employment and price stability, the FOMC halved the number of rate cuts expected for 2025. Post US markets sharp negative reaction to the overall commentary, all Asian markets have opened negatively as well. Indian markets should follow a similar gap down mood. This could actually open the index to levels of 23500 with high chance...

Quote on FOMC and US Fed rate cut by Piyush Mehta, smallcase Manager and CIO at Caprize Investment

Source: Caprize Investment
2024-12-19 12:55:50 pm

Oilmeals Export Decline by 7% in First Eight Months of 2024-25 by Amit Gupta, Kedia Advisory

India’s oilmeals export saw a 7.15% decline in the first eight months of 2024-25, reaching 27.51 lakh tonnes compared to 29.64 lakh tonnes in the same period of 2023-24. The decline is attributed to reduced exports of rapeseed and castorseed meal, while competition from global soyabean meal markets intensifies. Key Highlights * Oilmeals export down 7.15% during April-November 2024-25. * Rapeseed meal export declined to 13.21 lakh tonnes (16.07 lakh tonnes in 2023-24). * Soya...

Oilmeals Export Decline by 7% in First Eight Months of 2024-25 by Amit Gupta, Kedia Advisory

Source: Kedia advisory
2024-12-19 12:37:22 pm

Comment on SEBI expanding illustrative list under definition of UPSI as per SEBI PIT regulations By Makarand M Joshi Founder MMJC and associates a corporate compliance firm

Below the Comment on SEBI expanding illustrative list under definition of UPSI as per SEBI PIT regulations By Makarand M Joshi Founder MMJC and associates a corporate compliance firm This change on expanding definition of UPSI is a positive deviation from earlier proposal by SEBI whereby all events or information under Schedule III of LODR were considered as UPSI. SEBI has curtailed the illustrative list of UPSI to 17 events from its earlier proposal of considerin...

Comment on SEBI expanding illustrative list under definition of UPSI as per SEBI PIT regulations By Makarand M Joshi Founder MMJC and associates a corporate compliance firm

Source: PR Agency
2024-12-19 10:33:08 am

Morning Nifty and Derivative Comments 19 December 2024 By Anand James, Geojit Financial Services

Below the Quote on Technical Views by Anand James, Chief Market Strategist, Geojit Financial Services Nifty outlook: The slippage and close below 24260 has upped the chances of a test of 23850 pencilled in yesterday. Given the fairly soft VIX, and the fact that oscillators have not had enough time between the recent trough and the crest, in order to peak, the fall that is expected today is less li...

Morning Nifty and Derivative Comments 19 December 2024 By Anand James, Geojit Financial Services

Source: Geojit Financial Services Ltd
2024-12-19 10:18:16 am

Morning Market Quote : When valuations are high the market needs only a trigger to correct sharply Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Below the Quote on Market by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services When valuations are high the market needs only a trigger to correct sharply. This trigger was provided by the Fed guidance of fewer rate cuts in 2025, which went against market expectations. Even though the rate cut of 25 bp was in tune with the market’s expectation, the indication of only two cuts of 25 bp each in 2025 against market expectation of three...

Morning Market Quote : When valuations are high the market needs only a trigger to correct sharply Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Source: Geojit Financial Services Ltd
2024-12-19 10:14:46 am

Below The Comment On SEBI circular on FPI By Nikunj Saraf, Vice President, Choice Wealth The Securities and Exchange Board of India (SEBI) has issued a bold circular to reshape Offshore Derivative Instruments (ODIs). The move aims to boost transparency, reduce systemic risks, and align foreign investments with India’s market conditions while tackling regulatory loopholes. Foreign Portfolio Investors (FPIs) must now navigate stricter rules, including separate ODI reg...

Comment on SEBI circular on FPI By Nikunj Saraf, Vice President, Choice Wealth

Source: Choice Wealth
2024-12-18 05:52:16 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Today, the benchmark indices witnessed profit booking for the third consecutive day. The Nifty ended 137 points lower, while the Sensex was down by 502 points. Among sectors, the Pharma index gained the most, rallied over 1 percent, whereas the Media index shed over 2 percent. Technically, the market experienced selling pressure at higher levels once again. A bearish candle on daily ch...

Market Wrap By Shrikant Chouhan, Head Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-12-18 05:26:29 pm

Daily Market Analysis : The markets extended their losses for the third straight session Says Mr. Ajit Mishra, Religare Broking Ltd

Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd The markets extended their losses for the third straight session, declining by over half a percent. Following a flat opening, the Nifty gradually slipped lower during the first half and then moved within a range until the close. Persistent foreign fund outflows and caution ahead of the Federal Reserve's policy decision continued to dampen sentiment. Most sectors m...

Daily Market Analysis : The markets extended their losses for the third straight session Says Mr. Ajit Mishra, Religare Broking Ltd

Source: Religare Broking Ltd
2024-12-18 05:21:40 pm

Daily Market Commentary : We expect markets to remain sideways with the Fed commentary determining the near term direction Says Mr. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd

Below the Quote on Daily Market Commentary by Mr. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd Nifty fell for the third consecutive session, losing 137 points to close at 24,199 (-0.6%) amid selling pressure ahead of US Fed’s Interest rate decision later on Wednesday. Over these three sessions, Nifty dropped by 2.3%. Broader markets also ended lower with Midcap and Smallcap indices falling by 0.6-0.9% each...

Daily Market Commentary : We expect markets to remain sideways with the Fed commentary determining the near term direction Says Mr. Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd

Source: Motilal Oswal Financial Services
2024-12-18 05:17:29 pm

Below the Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities Comex Gold futures closed lower on Tuesday, following stronger-than-expected US Retail Sales data, which indicated economic resilience. Retail sales rose by 0.7% in November, building on an upwardly revised 0.5% increase in October. Year-on-year growth for November reached 3.8%, surpassing expectations and highlighting consumer strength. Despite this robust retail performance, the...

Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-12-18 03:00:30 pm

OPEC+ Cautious on Renewed U.S. Oil Output Under Donald Trump by Amit Gupta, Kedia Advisory

OPEC+ is concerned about the resurgence of U.S. oil production under Donald Trump’s presidency, which threatens to undermine their market share and efforts to stabilize prices. Despite earlier delays in raising output, the group has maintained supply cuts to support prices in a weakened demand environment. U.S. oil output has surged by 11% over recent years, with predictions for continued growth, further exacerbating the competition for market share. While Trump’s policies could b...

OPEC+ Cautious on Renewed U.S. Oil Output Under Donald Trump by Amit Gupta, Kedia Advisory

Source: Kedia advisory
2024-12-18 12:59:31 pm

Morning Market Quote : The near-term market construct has turned weak with FIIs turning sellers on rallies Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Below the Quote on Market by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services The near-term market construct has turned weak with FIIs turning sellers on rallies. The trend of FII buying in early December has proved to be, as feared, a flash in the pan. Yesterday’s massive FII sell figure of Rs 6410 crores in the cash market indicates that more selling is in store on market bounces. The underlying reason for the FII selling in Indi...

Morning Market Quote : The near-term market construct has turned weak with FIIs turning sellers on rallies Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services

Source: Geojit Financial Services Ltd
2024-12-18 09:48:54 am

India`s Peanut Oilseeds Surge: Production, Demand, and Policy Impact By Amit Gupta, Kedia Advisory

India’s peanut oilseed production for MY 2024/2025 is projected to rise by 18%, reaching 7.2 million metric tons (MMT) due to expanded cultivation areas and high-yielding varieties. Government policies like increased import duties on edible oils are driving domestic production and crushing rates, with peanut oil output revised to 1.35 MMT. Peanut meal production also sees growth, driven by strong demand from the animal feed industry. However, exports are forecasted to decline as focus s...

India`s Peanut Oilseeds Surge: Production, Demand, and Policy Impact By Amit Gupta, Kedia Advisory

Source: Kedia Advisory
2024-12-18 09:46:10 am

Urad Prices Surge Amid Crop Damages and Rising Global Demand By Amit Gupta , Kedia Advisory

Urad (black matpe) prices are surging due to significant crop damage in Tamil Nadu and Andhra Pradesh, coupled with declining acreage and adverse weather conditions. With a 25% drop in kharif output and increased export prices from Myanmar, the domestic market faces tightening supplies. Karnataka and other regions have reported poor quality and reduced yields, exacerbating the situation. Global markets, including Brazil and Russia, are stepping in to fulfill the shortfall, but the overall sup...

Urad Prices Surge Amid Crop Damages and Rising Global Demand By Amit Gupta , Kedia Advisory

Source: Kedia Advisory
2024-12-18 09:39:26 am

Below the Quote on Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking The benchmark Sensex and Nifty indices are expected to open negative on Dec 18, following GIFT Nifty trends indicating a loss of 60 points for the broader index. After a negative opening, Nifty can find support at 24,200 followed by 24,000 and 23,900. On the higher side, 24,500 can be an immediate resistance, followed by 24,600 and 24,800. The charts of Bank Nifty indicate that ...

Pre-Market Comment by Hardik Matalia, Derivative Analyst, Choice Broking

Source: Choice Broking
2024-12-18 09:05:27 am

Below the Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities "The rupee traded flat near 84.90 as markets remain focused on the FED's final policy decision of the year scheduled for December 18, 2024. While a 0.25bps rate cut has already been factored in, forward commentary and projections will be key. A dovish tone could push the dollar index lower, providing relief for the rupee. However, any uncertain or hawkish rema...

Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Source: LKP Securities Ltd
2024-12-17 05:55:03 pm