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Morning Market Quote : The relief rally witnessed yesterday is unlikely to have a free run up in the coming days 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 relief rally witnessed yesterday is unlikely to have a free run up in the coming days. Two sets of factors- external and internal- will restrain a sustained rally. Externally, the strong dollar and high bond yields in the US will prompt the FIIs to sell on rallies. Internally, the growth and earnings slowdown will be near-term negatives that will restrain the...
Morning Market Quote : The relief rally witnessed yesterday is unlikely to have a free run up in the coming days Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Morning Market Quote : The relief rally witnessed yesterday is unlikely to have a free run up in the coming days Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-24 09:25:12 am
Market Watch: Expect recovery as panic eases - Geojit Financial Services Ltd Nifty 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 23837. If relief rallies gain strength, expect 24165, but not much beyond. Alternatively, inability to float above 23700 after early upside attempts, could be seen as a weak signal, but we see low prospects of yet another panic down move. The 21 Nov low of 23265 is likely to stay intact for the week.   For More Ge...
Market Watch: Expect recovery as panic eases - Geojit Financial Services Ltd
Market Watch: Expect recovery as panic eases - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-23 10:29:23 am
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
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
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
Agri Commodity Technical Report 23 December 2024 - Geojit Financial Services Ltd JEERA NCDEX JAN Choppy moves expected. A direct rise above 24500 or a fall below 23400 may lend fresh direction for the day. DHANIYA NCDEX JAN May vary inside 7700-8100 ranges. TURMERIC NCDEX APR May trade sideways to weak. However, an unexpected rise above 14350 may improve sentiments.   COCUDAKL NCDEX JAN While there prevails a weak bias, a direct voluminous rise above 2685 accompanied by considerable volume may set in some short-covering moves. KAPAS N...
Agri Commodity Technical Report 23 December 2024 - Geojit Financial Services Ltd
Agri Commodity Technical Report 23 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-23 09:17:04 am
Commodity Intraday Technical Outlook 23 December 2024 - Geojit Financial Services Ltd Gold LBMA Spot Prices remain choppy and possibly trade below $2675 levels for the day. Silver LBMA Spot Expect to continue the weak momentum as long a prices stay below $30. Crude Oil NYMEX If the support of $69 remain hold, expect recovery upticks for the day. Gold KG Feb Further selloffs expected only below Rs 75500. If not, may see recovery rallies. Silver KG Mar If unable to break the resistance of Rs 90000 momentum remains on the weaker side. Crude Oil Jan...
Commodity Intraday Technical Outlook 23 December 2024 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 23 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-23 09:04:35 am
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 20 December 2024 - Geojit Financial Services Ltd Bullion Gold Extended dip below 74930 may induce further weakness. Recovery moves may gather momentum above 75980 region.   Silver Extended dip below trend line support 85700 may trigger weakness. Inability to cross below the same may induce recovery upticks.   Energy Crude Oil Prices may weaken further below 5800 region. Else, mild recovery upticks may occur holding the same region.   Natural Gas Prices may edge northward in the ...
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 20 December 2024 - Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 20 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-20 05:34:02 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
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
Mutual Fund Industry Update - November 2024 by Geojit Financial Services Ltd Monthly Net Fund flow highlights – Nov 2024 (Amount in Rs.) Industry roped in net inflows of 60295 crs, down -34.7% from near 3 mth avg. Open-ended Equity, Debt, Hybrid, Solution, Other schemes saw net inflows. Close-ended Equity & Debt funds reported net outflows. * Equity fund inflows stayed steady at 35927 crs, 5 th best in 5+ yrs, albeit down -5.8% from 3 mth avg. Gross purchases were down by -15.7% from 3M avg and redemptions were down -26.3% from 3M avg, in a month when ...
Mutual Fund Industry Update - November 2024 by Geojit Financial Services Ltd
Mutual Fund Industry Update - November 2024 by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-20 12:39:48 pm
Agri Commodity Technical Report 20 December 2024 - Geojit Financial Services Ltd TECHNICAL VIEW JEERA NCDEX JAN Choppy moves expected. A direct rise above 24500 or a fall below 23400 may lend fresh direction for the day. DHANIYA NCDEX JAN May vary inside 7700-8100 ranges. TURMERIC NCDEX APR May trade sideways to weak. However, an unexpected rise above 14350 may improve sentiments.   COCUDAKL NCDEX JAN While there prevails a weak bias, pullbacks to 2645/2680 ranges may not be ruled out KAPAS NCDEX APR25 While there prevails a ...
Agri Commodity Technical Report 20 December 2024 - Geojit Financial Services Ltd
Agri Commodity Technical Report 20 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-20 11:08:25 am
Commodity Intraday Technical Outlook 20 December 2024 - Geojit Financial Services Ltd Intraday Technical Outlook Gold LBMA Spot Mild weakness is likely to extend while prices stay below $2600. Silver LBMA Spot Expect to continue the weak momentum as long a prices stay below $30. Crude Oil NYMEX Intraday momentum mostly on the weaker side. Stiff resistance is placed at $71. Gold KG Feb As long as prices stay below Rs 77000 there are chances of weak bias to continue the day. Silver KG Mar While below Rs 90000 momentum mostly on the weaker side....
Commodity Intraday Technical Outlook 20 December 2024 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 20 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-20 11:01:13 am
Market Watch: BoE keeps rates unchanged. Nifty poised for a feeble bounce back - Geojit Financial Services Ltd Nifty Outlook The presence of several moving averages as well as key fibo supports near 23859 had encouraged us to bet on a close above the same yesterday. We are a due a pull back as a follow through move today, but expect a turn lower again from the 24070-24100 region. Upside hopes will rest on the ability to float above 23950 after such declines and we are looking forward to the same. Else, 23610 and 23345 stand exposed.   For More Geojit Financial Services Ltd Disclaimer h...
Market Watch: BoE keeps rates unchanged. Nifty poised for a feeble bounce back - Geojit Financial Services Ltd
Market Watch: BoE keeps rates unchanged. Nifty poised for a feeble bounce back - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-20 10:01:42 am
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 19 December 2024 - Geojit Financial Services Ltd Bullion Gold Extended dip below 74930 may induce further weakness. Recovery moves may gather momentum above 76020 region.   Silver Extended dip below 87390 may trigger weakness. Inability to cross below the same may induce recovery upticks.   Energy Crude Oil Prices may appear firmer above 6030 region. A voluminous dip below the SMA support of 5880 may trigger mild weakness.   Natural Gas Prices may appear firmer above 298 region....
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 19 December 2024 - Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 19 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-19 06:00:56 pm
Agri Commodity Technical Report 19 December 2024 - Geojit Financial Services Ltd JEERA NCDEX JAN Choppy moves expected. A direct rise above 24500 or a fall below 23400 may lend fresh direction for the day. DHANIYA NCDEX JAN Choppy to weak trades expected unless 8100 is breached convincingly upside. A direct voluminous fall below 7680 could intensify weakness. TURMERIC NCDEX APR May trade sideways to weak. However, an unexpected rise above 14350 may improve sentiments.   COCUDAKL NCDEX JAN Pullbacks to 2680/2710 may not be ruled out even...
Agri Commodity Technical Report 19 December 2024 - Geojit Financial Services Ltd
Agri Commodity Technical Report 19 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-19 11:00:27 am
Commodity Intraday Technical Outlook 19 December 2024 - Geojit Financial Services Ltd Intraday Technical Outlook Gold LBMA Spot Choppy with mild weakness is likely while prices stay below $2600. Silver LBMA Spot Expect to continue the weak momentum as long a prices stay below $30. Crude Oil NYMEX Choppy trades inside $71-67 remains on the cards and breaking any sides would suggest fresh directions. Gold KG Feb As long as prices stay below Rs 77000 there are chances of weak bias to continue the day. Silver KG Mar While below Rs 90000 momentum ...
Commodity Intraday Technical Outlook 19 December 2024 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 19 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-19 10:52:36 am
IPO Note : Transrail Lighting Ltd By Geojit Financial Services Ltd Pioneering in Power Transmission and Distribution Transrail Lighting Ltd. (TLL) is an Indian EPC (engineering, procurement and construction) company specializing in power transmission and distribution. It operates integrated manufacturing facilities for lattice structures, conductors, and monopoles. TLL has completed over 200 projects across 58 countries, showcasing extensive project execution capabilities. The company operates in four verticals: power transmission and distribution (83.4%)...
IPO Note : Transrail Lighting Ltd By Geojit Financial Services Ltd
IPO Note : Transrail Lighting Ltd By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-19 10:43:42 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
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
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
Market Watch : Fed signals fewer cuts in 2025 - Geojit Financial Services Ltd Nifty Outlook The slippage and close below 24260 has upped the chances ofa 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, inorder to peak, the fall that is expected today is less likely to be sustained. This view is also supported by the fact that Nifty has now drifted away the most from its 10 day SMA since 21st of November, when we saw the index reversing the sharp downtrend ...
Market Watch : Fed signals fewer cuts in 2025 - Geojit Financial Services Ltd
Market Watch : Fed signals fewer cuts in 2025 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-19 09:59:47 am
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 18 December 2024 - Geojit Financial Services Ltd Bullion Gold Extended dip below 75900 may induce further weakness. Recovery moves may gather momentum above 76780 region.   Silver Prices may trade southward. Any recovery move in the intraday session could possibly strengthen only with steady move above 91160 region.   Energy Crude Oil Prices may appear firmer above 6030 region. A voluminous dip below the SMA support of 5880 may induce mild weakness.   Natural Gas Extended reboun...
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 18 December 2024 - Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 18 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-18 06:18:14 pm
Buy PI Industries Ltd For Target Rs. 4,480 By Geojit Financial Services Ltd Solid Q2 results; Outlook Positive PI Industries manufactures plant protection and specialty plant nutrient products and solutions under its agri-inputs business. It is also a leading custom synthesis and manufacturing (CSM) company in India, providing contract research and contract manufacturing services to global innovators. • Standalone revenue increased 8.3% YoY to Rs. 2,131cr in Q2FY25, led by growth in exports. Exports grew 7.8% YoY to Rs. 1,761cr. Agchem exports increased ~1...
Buy PI Industries Ltd For Target Rs. 4,480 By Geojit Financial Services Ltd
Buy PI Industries Ltd For Target Rs. 4,480 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-18 05:31:33 pm
Agri Commodity Technical Report 18 December 2024 - Geojit Financial Services Ltd JEERA NCDEX JAN Choppy moves expected. A direct rise above 24500 or a fall below 23400 may lend fresh direction for the day. DHANIYA NCDEX JAN Choppy to weak trades expected unless 8100 is breached convincingly upside. A direct voluminous fall below 7680 could intensify weakness. TURMERIC NCDEX APR Dips to 14100 ranges may not be ruled out before bouncing up. However, such correction stretching beyond 13800 could weaken sentiments.   COCUDAKL NCDEX JAN Pull...
Agri Commodity Technical Report 18 December 2024 - Geojit Financial Services Ltd
Agri Commodity Technical Report 18 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-18 11:27:00 am
Commodity Intraday Technical Outlook 18 December 2024 - Geojit Financial Services Ltd Intraday Technical Outlook Gold LBMA Spot If $2600 remain hold downside, expect recovery upticks. Anyhow still resistance is placed at $2700. Silver LBMA Spot Prices remain choppy in a tight range with mild negative bias. Crude Oil NYMEX Choppy trades inside $71-67 remains on the cards and breaking any sides would suggest fresh directions. Gold KG Feb Immediate resistance is seen at Rs 79000 which needs to be cleared for further rallies. Silver KG Mar If the ...
Commodity Intraday Technical Outlook 18 December 2024 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 18 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-18 11:20:01 am
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
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
Market Watch: Traders eye Fed guidance on January rate cut - Geojit Financial Services Ltd Nifty Outlook With yesterday's extended slippage, Nifty has now retraced to 78.6 fibo of the rise from last week's lows. We are now close to slipping back to bear territory, with just 20% of Nifty 50 stocks trading above 10day SMA, the lowest since mid November. But, 32% of NSE 500 constituents are trading above this key MA, suggesting that broad market is yet to see a crack, leaving room for a mean reversion upmove, aiming 24540. However, slippage past 24260 would need a test of 238...
Market Watch: Traders eye Fed guidance on January rate cut - Geojit Financial Services Ltd
Market Watch: Traders eye Fed guidance on January rate cut - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-18 09:48:37 am
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 17 December 2024 - Geojit Financial Services Ltd Bullion Gold Extended dip below 75900 may induce further weakness. Recovery moves may gather momentum above 76780 region.   Silver Prices may trade southward. Any recovery move in the intraday session could possibly strengthen only with steady move above 91100 region.   Energy Crude Oil As long as EMA level 5910 remain intact, sideway trades or mild upticks can be expected. A voluminous dip below the same may induce mild weakness.   ...
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 17 December 2024 - Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 17 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-17 05:46:18 pm
Market Quote : Widespread pessimism prevails across all sectors ahead of key policy decisions from the US Fed, BoJ, and BoE Says Vinod Nair, Head of Research, Geojit Financial Services Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services   "Widespread pessimism prevails across all sectors ahead of key policy decisions from the US Fed, BoJ, and BoE. While the market has already factored in a 25bps cut from the US Fed, it remains vigilant for any hawkish signals. The BoJ and BoE are largely expected to maintain their current rates for the year. Concurrently, the INR has depreciated to an all-time low, and a record-high trad...
Market Quote : Widespread pessimism prevails across all sectors ahead of key policy decisions from the US Fed, BoJ, and BoE Says Vinod Nair, Head of Research, Geojit Financial Services
Market Quote : Widespread pessimism prevails across all sectors ahead of key policy decisions from the US Fed, BoJ, and BoE Says Vinod Nair, Head of Research, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-17 04:41:29 pm
Agri Commodity Technical Report 17 December 2024 - Geojit Financial Services Ltd JEERA NCDEX JAN Choppy moves expected. A direct rise above 24500 or a fall below 23400 may lend fresh direction for the day. DHANIYA NCDEX JAN Choppy to weak trades expected unless 8100 is breached convincingly upside. TURMERIC NCDEX APR 14200 is the immediate resistance and a voluminous rise above the same may call for 14400 or more. On the downside, slippage past 13800 may intensify weakness.   COCUDAKL NCDEX JAN Pullbacks to 2670-2680 may not be ruled out e...
Agri Commodity Technical Report 17 December 2024 - Geojit Financial Services Ltd
Agri Commodity Technical Report 17 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-17 11:26:53 am
Commodity Intraday Technical Outlook 17 December 2024 - Geojit Financial Services Ltd Intraday Technical Outlook Gold LBMA Spot Further rallies seen only above $2700. Immediate downside reversal point is seen at $2620. Silver LBMA Spot Inability to break the support of $30 there are chances of mild turnaround for the day. Crude Oil NYMEX Consistent trades above $70 may extend rallies. If not, there are chances of selling pressure. Gold KG Feb Immediate resistance is seen at Rs 79000 which needs to be cleared for further rallies. Silver KG Mar ...
Commodity Intraday Technical Outlook 17 December 2024 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 17 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-17 11:20:43 am
Market Watch : Fed expected to cut rates - Geojit Financial Services Ltd Nifty Outlook Though the dip and the turn higher thereafter from the 24630 region evolved on anticipated lines yesterday, the rise in VIX is suggestive of caution. This sets up room for extended consolidation with prospects for further slippages. We will keep the 25600 hopes alive though, with downside marker placed in the 24480-400 region. Meanwhile, we expect early trades to be swing within the 24540-700 band.   For More Geojit Financial Services Ltd Disclaimer https://www...
Market Watch : Fed expected to cut rates - Geojit Financial Services Ltd
Market Watch : Fed expected to cut rates - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-17 09:45:07 am
Morning Nifty and Derivative Comments 17 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: Though the dip and the turn higher thereafter from the 24630 region evolved on anticipated lines yesterday, the rise in VIX is suggestive of caution. This sets up room for extended consolidation with prospects for further slippages. We will keep the 25600 hopes alive though, with a downside marker placed in the 24480-400 region. Meanwhile, we expe...
Morning Nifty and Derivative Comments 17 December 2024 By Anand James, Geojit Financial Services
Morning Nifty and Derivative Comments 17 December 2024 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-17 09:12:14 am
Morning Market Quote : Globally markets will be looking forward to the FOMC outcome on Wednesday 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   "Globally markets will be looking forward to the FOMC outcome on Wednesday. Markets have already discounted a 25bp rate cut and, t...
Morning Market Quote : Globally markets will be looking forward to the FOMC outcome on Wednesday Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Morning Market Quote : Globally markets will be looking forward to the FOMC outcome on Wednesday Says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-17 09:07:57 am
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 16 December 2024 - Geojit Financial Services Ltd Bullion Gold Pullbacks are likely as long as support of 76300-200 is held downside.   Silver Pullbacks may not be ruled out after the recent declines. However, slippage past 90500 ranges may call for more downside correction.   Energy Crude Oil As long as the key resistance of 6050 caps, may trade sideways with a mild weak bias. A direct voluminous rise above 6050 may call for 6090-6135 or even more.   Natural Gas While the witnes...
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 16 December 2024 - Geojit Financial Services Ltd
Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 16 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-16 05:42:31 pm
Market Quote : The national market traded in a range-bound manner while the realty sector outperformed in expectation of growing demand and a potential rate cut cycle in 2025 Says Vinod Nair, Head of Research, Geojit Financial Services Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services   "The national market traded in a range-bound manner while the realty sector outperformed in expectation of growing demand and a potential rate cut cycle in 2025. A rise in manufacturing and service PMI suggests a positive turnaround in H2FY25 earnings, which may limit further downgrades in FY25 earnings. Rising US 10-year bond yields and a strengthening dollar led investors to rema...
Market Quote : The national market traded in a range-bound manner while the realty sector outperformed in expectation of growing demand and a potential rate cut cycle in 2025 Says Vinod Nair, Head of Research, Geojit Financial Services
Market Quote : The national market traded in a range-bound manner while the realty sector outperformed in expectation of growing demand and a potential rate cut cycle in 2025 Says Vinod Nair, Head of Research, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-16 05:12:47 pm
Agri Commodity Technical Report 16 December 2024 - Geojit Financial Services Ltd JEERA NCDEX JAN Choppy to weak trades expected. However, an unexpected rise above 24500 may improve sentiments. DHANIYA NCDEX JAN Choppy to weak trades expected unless 8100 is breached convincingly upside. TURMERIC NCDEX APR Choppy to weak trades expected unless 14200 is breached convincingly upside for the day.   COCUDAKL NCDEX JAN Pullbacks to 2670-2680 may not be ruled out even as there prevails a weak bias. KAPAS NCDEX APR25 Choppy to weak trades exp...
Agri Commodity Technical Report 16 December 2024 - Geojit Financial Services Ltd
Agri Commodity Technical Report 16 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-16 11:07:08 am
Commodity Intraday Technical Outlook 16 December 2024 - Geojit Financial Services Ltd Intraday Technical Outlook Gold LBMA Spot Further rallies seen only above $2700. Immediate downside reversal point is seen at $2620. Silver LBMA Spot Prices remain choppy in a tight range with mild negative bias. Crude Oil NYMEX Consistent trades above $70 may extend rallies. If not, there are chances of selling pressure. Gold KG Feb Immediate resistance is seen at Rs 79000 which needs to be cleared for further rallies. Silver KG Mar It is required to break ...
Commodity Intraday Technical Outlook 16 December 2024 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 16 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-16 10:58:25 am
Market Watch: Eyes on Fed rate decision, Chinese data - Geojit Financial Services Ltd Nifty Outlook The steepness of last Friday's rise may restrain buyers from chasing upsides right away. But dips to 24640/630 region could see bulls regrouping again, improving the prospects of a 25600 move. Alternatively, a direct fall below 24530 could considerably weaken the bullish momentum.   For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer  SEBI Registration Number: INH200000345
Market Watch: Eyes on Fed rate decision, Chinese data - Geojit Financial Services Ltd
Market Watch: Eyes on Fed rate decision, Chinese data - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-16 09:37:21 am
Morning Nifty and Derivative Comments 16 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 steepness of last Friday’s rise may restrain buyers from chasing upsides right away. But dips to 24640/630 region could see bulls regrouping again, improving the prospects of a 25600 move. Alternatively, a direct fall below 24530 could considerably weaken the bullish m...
Morning Nifty and Derivative Comments 16 December 2024 By Anand James, Geojit Financial Services
Morning Nifty and Derivative Comments 16 December 2024 By Anand James, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-16 09:33:28 am
Morning Market Quote : The excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions about the near-term market trend Says Dr. V K Vijayakumar, Geojit Financial Services Below the Quote on Market by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services   "The excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions about the near-term market trend. The huge positions in F&O segments are causing such heightened volatility in the market. The 500 point move in the nifty from the day’s trough to the peak indicates massive short covering. While FIIs turning buyer...
Morning Market Quote : The excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions about the near-term market trend Says Dr. V K Vijayakumar, Geojit Financial Services
Morning Market Quote : The excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions about the near-term market trend Says Dr. V K Vijayakumar, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-16 09:29:13 am
Quote on FPI by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services Below the Quote on FPI by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services   "FIIs turning buyers in December after relentless selling in October and November has contributed to the recovery in the market from the November lows. FIIs have bought equity for Rs 14435 crores through exchanges till 13th December. The total buy figure including the exchange buying and buying through the ‘primary market and others category’ stood at Rs 2...
Quote on FPI by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Quote on FPI by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-14 02:47:28 pm
Buy Power Mech Projects Ltd For Target Rs.3,330 By Geojit Financial Services Ltd Strong bottom-line show, MDO to drive revenues Power Mech Projects Ltd. (POWM) is a leading infrastructure construction company based in Hyderabad with a global presence. The company’s orderbook is largely backed by orders from Power segment which accounts for 76.8% of total mix. * Q2FY25 consolidated revenues grew at 11% YoY to stand at Rs. 1,035cr., aided by strong execution in the erection segment. EBITDA grew at 9% YoY to stand at Rs. 124 cr.; however, margins saw a 21bps decl...
Buy Power Mech Projects Ltd For Target Rs.3,330 By Geojit Financial Services Ltd
Buy Power Mech Projects Ltd For Target Rs.3,330 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd.
2024-12-14 11:07:38 am
Buy Astra Microwave Products Ltd For Target Rs. 976 By Geojit Financial Services Ltd Order book improving...margin to improve    Astra Microwave Products Ltd. (AMPL) is a leading designer and manufacturer of a wide array of radio frequency systems, microwave chips, and microwave-based components and subsystems for defence, telecom, and space. * In Q2FY25, AMPL reported a 21% increase in revenue, driven by healthy order execution, which was in line with estimates. * EBITDA grew by 18% YoY, while margins were stable at 21.4%. Reported PAT declined by 15% YoY ...
Buy Astra Microwave Products Ltd For Target Rs. 976 By Geojit Financial Services Ltd
Buy Astra Microwave Products Ltd For Target Rs. 976 By Geojit Financial Services Ltd
Source: Geojit Financial Services
2024-12-14 10:55:41 am
Weekly Market Outlook: Friday`s surge in the market aided the indices to end the week on a positive note Says Vinod Nair, Head of Research at Geojit Financial Service Below the Quote on Weekly Market Outlook by Vinod Nair, Head of Research at Geojit Financial Services   "Friday’s surge in the market aided the indices to end the week on a positive note. A rebound from the lows suggests that the buy-on-dips strategy is working well in the market. With inflation coming within the RBI's tolerance level and an expectation of further ease in food prices on account of seasonal corrections in vegetable prices, it could build up ...
Weekly Market Outlook: Friday`s surge in the market aided the indices to end the week on a positive note Says Vinod Nair, Head of Research at Geojit Financial Service
Weekly Market Outlook: Friday`s surge in the market aided the indices to end the week on a positive note Says Vinod Nair, Head of Research at Geojit Financial Service
Source: Geojit Financial Services Ltd
2024-12-13 06:09:21 pm
Commodity Intraday Technical Outlook 13 December 2024 - Geojit Financial Services Ltd Gold LBMA Spot Break above $2700 likely to push prices higher. Immediate downside reversal point is seen at $2620. Silver LBMA Spot Prices remain choppy in a tight range with mild negative bias. Crude Oil NYMEX A direct rise above $70 may extend rallies. If not, there are chances of selling pressure. Gold KG Feb Immediate resistance is seen at Rs 79000 which needs to be cleared for further rallies. Silver KG Mar It is required to break above Rs 96000 to extend ra...
Commodity Intraday Technical Outlook 13 December 2024 - Geojit Financial Services Ltd
Commodity Intraday Technical Outlook 13 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-13 11:20:50 am
Agri Commodity Technical Report 13 December 2024 - Geojit Financial Services Ltd JEERA NCDEX JAN May tick higher. However, an unexpected fall below 23800 could call for more downsides. DHANIYA NCDEX JAN Choppy to weak trades expected unless 8100 is breached convincingly upside. TURMERIC NCDEX APR Choppy to weak trades expected unless 14200 is breached convincingly upside for the day.   COCUDAKL NCDEX JAN May vary inside 2760-2670 ranges. KAPAS NCDEX APR25 Choppy to weak trades expected unless 1535 is breached accompanied by consid...
Agri Commodity Technical Report 13 December 2024 - Geojit Financial Services Ltd
Agri Commodity Technical Report 13 December 2024 - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-13 11:14:25 am
Market Watch : Caution persists ahead of Fed meet next week - Geojit Financial Services Ltd Nifty Outlook The slow decline aiming 24420/380 that we pencilled in yesterday, unfolded through the day, until bargain buying trickled in on approach of the recent low. This raises the prospects of an early end to the consolidation that has been on through the week. Alternatively, inability to float above 24465 early in the day, could delay the onset of reversal attempts, but fears of a collapse can be set aside, unless 24320 also gives away. Until then, brace for upswings shortly. &n...
Market Watch : Caution persists ahead of Fed meet next week - Geojit Financial Services Ltd
Market Watch : Caution persists ahead of Fed meet next week - Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-13 10:00:05 am
Morning Market Quote : In the near-term the market has a headwind and a tailwind Says Dr. V K Vijayakumar, Geojit Financial Services Below the Quote on Market by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services   In the near-term the market has a headwind and a tailwind. The headwind is the resumption of selling by the FIIs who sold stocks for Rs 3560 crores yesterday. Given the high valuations in India FIIs are likely to sell more at every market rise. Selling has been profitable for FIIs since the dollar has been appreciating after the US election. The tailwind which can su...
Morning Market Quote : In the near-term the market has a headwind and a tailwind Says Dr. V K Vijayakumar, Geojit Financial Services
Morning Market Quote : In the near-term the market has a headwind and a tailwind Says Dr. V K Vijayakumar, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-13 09:25:49 am
Market Quote : The market continued to remain range bound ahead of domestic CPI data and weakening rupee Says Vinod Nair, Head of Research, Geojit Financial Services Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services   "The market continued to remain range bound ahead of domestic CPI data and weakening rupee. Though inflation is anticipated to drop, investors are maintaining a close vigil on the vegetable prices, which will determine the future rate trajectory. Meanwhile, the Nifty IT index reached a new high after US inflation data met expectations, boosting hopes for a Fed rate cut next week.&q...
Market Quote : The market continued to remain range bound ahead of domestic CPI data and weakening rupee Says Vinod Nair, Head of Research, Geojit Financial Services
Market Quote : The market continued to remain range bound ahead of domestic CPI data and weakening rupee Says Vinod Nair, Head of Research, Geojit Financial Services
Source: Geojit Financial Services Ltd
2024-12-12 05:14:06 pm