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Evening Track : Renewed Geopolitical uncertainty fuels commodities price by Kotak Securities Ltd

Comex Gold futures continue to trade positive for the fourth day about $2,670 an ounce, driven by increased haven demand and expectations of further US interest rate cuts. Renewed geopolitical tensions, particularly Russia's ongoing invasion of Ukraine and the recent deployment of British cruise missiles by Kyiv, have contributed to heightened uncertainty, boosting gold's appeal as a safe-haven asset. On the domestic front, Federal Reserve Bank of Boston President Susan Collins advoca...

Evening Track : Renewed Geopolitical uncertainty fuels commodities price by Kotak Securities Ltd

Source: Kotak Securities Ltd
2024-11-21 05:19:38 pm

Below the Quote on Market Wrap Up by Shrikant Chouhan, Head Equity Research, Kotak Securities Ltd Today, the benchmark indices continued selling pressure at higher levels, the Nifty ends 169 points lower while the Sensex was down by 423 points. Among Sectors, PSU Banks, Media, Metal indices lost the most shed over 2 percent whereas despite weak market sentiment Reality index outperformed, rallied nearly 1 percent. Technically, on daily charts the index has formed bearish candle a...

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

Source: Kotak Securities Ltd
2024-11-21 04:59:14 pm

Below the Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities Comex gold extended its gains for a third consecutive day on Wednesday, reaching $2,682.80 per ounce, driven by safe-haven demand amid escalating geopolitical tensions. The Russia-Ukraine conflict intensified, particularly after Russia threatened to use nuclear weapons, although Moscow's assurances that every effort would be made to avoid nuclear war helped ease market concern...

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

Source: Kotak Securities Ltd
2024-11-21 12:18:56 pm

Quote on the first leg of the 6 changes on Index Derivative Contracts that goes live from 20th November 2024 by Ashish Nanda, Kotak Securities

Below the Quote on the first leg of the 6 changes on Index Derivative Contracts that goes live from 20th November 2024 by Ashish Nanda, Kotak Securities Today is 20th November 2024 and the day when new Index Derivative Framework formally goes live. Interestingly, there is only one clause that goes live from today: “Increase in tail risk coverage on the day of options expiry”. Impact of balance 5 clauses will be seen progressively from 1st December 2024 to 30...

Quote on the first leg of the 6 changes on Index Derivative Contracts that goes live from 20th November 2024 by Ashish Nanda, Kotak Securities

Source: Kotak Securities Ltd
2024-11-21 11:48:24 am

Evening Track : Weakening dollar, Geopolitical risks drive gold prices higher by Kotak Securities

Comex Gold future surged on Monday and continued their rally on Tuesday to trade over $2,636 an ounce, driven by a weakening dollar and uncertainty about the Federal Reserve's interest rate path. The recent decline in the dollar, fueled by the waning "Trump trade," has benefited gold. Despite a recent dip, Goldman Sachs maintains its bullish outlook for gold, predicting a price of $3,000 per ounce by the end of 2025. Central bank buying and trade tensions are seen as key factors...

Evening Track : Weakening dollar, Geopolitical risks drive gold prices higher by Kotak Securities

Source: Kotak Securities Ltd
2024-11-19 05:04:26 pm

Commodity Research Evening Track by Kotak Securities

Gold rises as dollar rally fades Comex Gold futures rebounded more than 1% to trade near $2,600 per ounce after a significant weekly decline, driven by a weaker dollar and anticipation of potential Fed rate cuts. Goldman Sachs reiterated its bullish outlook on gold, forecasting a price target of $3,000 per ounce by the end of 2025. The bank's bullish stance is underpinned by factors such as expected Fed rate cuts, increased central bank gold purchases, and the potential inflationary im...

Evening Track : Commodities steady ahead of US inflation numbers by Kotak Securities

Source: Kotak Securities
2024-11-13 05:10:55 pm

Below the Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Today, the benchmark indices continued profit booking at higher levels, the Nifty shed 324 points while the Sensex was down by 984 points. Among Sectors, all the major sectoral indices all the major sectoral indices witnessed profit booking at higher levels but Reality index lost the most, shed over 2.25 percent. Technically, after weak open throughout the day market register...

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

Source: Kotak Securities
2024-11-13 04:05:15 pm

Below the quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities Comex gold fell below $2,600 for the first time since mid-September, pressured by a stronger US dollar and rising Treasury yields. Investors are continuing to assess the implications of Trump's victory, particularly as several key appointments in his cabinet have adopted tough stances on China. Additionally, the World Gold Council (WGC) reported global gold ETF outflows of ar...

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

Source: Kotak Securities
2024-11-13 03:46:09 pm

Below the Quote On Market Wrap by Shrikant Chouhan, Head of Equity Research, Kotak Securities Today the benchmark indices witnessed a sharp selloff, the Nifty ends 257 points lower while the Sensex was down by 790 points. Among Sectors, almost all the major sectoral indices witnessed profit booking at higher levels but PSU Banks and Auto indices lost the most shed nearly 2 percent. Technically, on daily charts, it has formed long bearish candle and on intraday charts, it is ...

Market Wrap by Shrikant Chouhan, Head of Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-11-12 05:14:15 pm

Below the Quote On Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities Oil prices declined on Monday after China’s fiscal stimulus measures, announced at the National People’s Congress, fell short of investor expectations, signaling limited impact on fuel demand. In the U.S., the Federal Reserve kept the Federal Funds Rate steady at 4.75%, aligning with market forecasts as officials aim to maintain stability amid inflationary pressures. Addi...

Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-11-11 06:07:16 pm

Below the Quote On Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities COMEX Gold prices fell to a one-month low of $2,650.30 per ounce last week, as investor sentiment shifted toward risk assets following Trump's election victory and the Republican Party’s successful bid to regain control of the US Senate. Gold briefly rebounded above $2,700 after the Federal Reserve’s widely anticipated 25-basis point rate cut. However, stronger dol...

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

Source: Kotak Securities Ltd
2024-11-11 03:25:59 pm

China's Underwhelming Stimulus and Rising Dollar Dampen Commodity Prices Comex Gold edged lower to trade near $2,790 per ounce on Friday, following a volatile week marked by uncertainty around US interest rates and the impact of the recent election. Fed Chair Jerome Powell's remarks about the potential for a December rate cut, while acknowledging ongoing economic expansion, added to market uncertainty. The initial surge in the US dollar following the election had weighed heavily on...

Commodity Research Evening Track by Kotak Securities

Source: Kotak Securities Ltd
2024-11-08 05:16:31 pm

Below the Quote On Weekly Market Round Off by Shrikant Chouhan, Head Equity Research, Kotak Securities The Nifty-50 Index and Sensex were flat to marginally negative in the past week, while the mid-cap index lost around 0.45% and small-cap index lost 1.3% underperforming large-caps. Indian Markets underperformed most global markets as markets grappled with slowing macro and weak micro conditions. Meanwhile, the Q2FY25 earnings season continued to remain weak, with more misse...

Weekly Market Round Off by Shrikant Chouhan, Head Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-11-08 04:25:14 pm

Below the Quote On FPI-FII details by Shrikant Chouhan, Head Equity Research, Kotak Securities Q) The amount/reason for outflow/inflow (1st Nov to 7th Nov 2024). FIIs continued to be net cash sellers to the tune of Rs. 16,445.49 crores, to date in Nov’24. Q) How is the future FPI flow expected to be? Global market sentiment saw sharp volatility in the aftermath of Republicans winning all three branches of the US government, resulting ...

FPI-FII details by Shrikant Chouhan, Head Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-11-08 04:22:36 pm

Below the Quote On Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities In the last week, the benchmark indices witnessed roller coaster activity, the Nifty ends .80 percent lower while the Sensex was down by 240 points. Among Sectors, IT index was the top gainer, rallied over 3.78 percent whereas Reality indices shed over 4 percent. During the week, after a sharp correction, market took the support near 23850/78250 and bounce back s...

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

Source: Kotak Securities Ltd
2024-11-08 04:17:21 pm

Commodity Research Evening Track by Kotak Securities Ltd

Commodities Weather the dollar storm, Chinese stimulus awaits Comex Gold prices stabilized near $ 2,670 per ounce after a significant 3% drop in the previous session as the market is closely monitoring the outlook for the US and global economies and Donald Trump’s decisive White House victory. This decline was triggered by the dollar's surge to a one-year high after Trump's unexpected presidential victory. As fears of a contested election subsided, some investors took advanta...

Commodity Research Evening Track by Kotak Securities Ltd

Source: Kotak Securities Ltd
2024-11-07 05:12:23 pm

Below the Quote on Market Wrap and Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities Market Wrap: Today, the market surpassed all significant levels, driven by positive sentiment across various asset classes worldwide. The potential verdict for Mr. Trump boosted US stock futures, leading to short covering in other markets. The Nifty and Sensex indices managed to cross 24400/80000 levels, which propelled the market towards 24500/80300. From a tec...

Market Wrap and Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-11-06 04:25:21 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Today, the benchmark indices bounce back sharply, the Nifty ends 218 points higher while the Sensex was up by 694 points. Among Sectors, almost all the major sectoral indices bounce back sharply but Metal index outperformed, rallied over 1.35 percent. Technically, after intraday dip one more time market took the support near 23850/78300 and reversed. Post reversal it ...

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

Source: Kotak Securities Ltd
2024-11-05 04:10:32 pm

Below the Quote On Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities Comex gold surged to $2,757.50 per ounce on Monday, supported by safe-haven demand following recent polling data that suggested a tight US presidential race, with no clear frontrunner between Kamala Harris and Donald Trump ahead of Tuesday's vote. Last week, gold hit a new all-time high of $2,801.80 per ounce amid the closely contested election, reaffirming its status as a saf...

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

Source: Kotak Securities Ltd
2024-11-05 04:08:17 pm

Evening Track : Commodities trading positive on hopes of Chinese stimulus by Kotak Securities Ltd

Comex Gold remains positive today as it trade near $2,753 per ounce as investors closely watched the US presidential election, which could significantly impact economic policies. With no clear winner emerging from recent polls between Kamala Harris and Donald Trump, uncertainty has fueled demand for safe-haven assets like gold. Many investors believe that the precious metal could appreciate further, especially especially if the result is contested. WTI Oil prices surged about 2.88% as it trad...

Evening Track : Commodities trading positive on hopes of Chinese stimulus by Kotak Securities Ltd

Source: Kotak Securities Ltd
2024-11-04 05:05:32 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Today, the benchmark indices corrected sharply, the Nifty plunge over 310 points while the Sensex was down by 935 points. Among Sectors, all the major sectoral indices were traded in the red but Energy, Oil and Gas indices corrected sharply, shed around 3 percent. Technically, after muted open market breached crucial support of 24150/79200 and post breakdown the selling pressure intens...

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

Source: Kotak Securities Ltd
2024-11-04 05:01:30 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Today, the benchmark indices continued selling pressure at higher levels, the Nifty ends 136 points lower while the Sensex was down by 553 points. Among Sectors, IT Index lost the most; shed 2.85 percent whereas Media and Pharma rallied over 1.5 percent. Technically, from last two days market consistently facing selling pressure at higher levels. A bearish candl...

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

Source: Kotak Securities Ltd
2024-10-31 04:49:32 pm

Below the Quate On Diwali 2024 Samvat 2081 Message By Shripal Shah, MD & CEO, Kotak Securities It's been an exceptional year for the Indian stock market, with indices reaching unprecedented highs and abundant wealth-creation opportunities. Despite the geopolitical concerns, domestic events like elections, a good monsoon, strong macro indicators and SEBI’s continuous efforts to protect investors have all contributed to a robust and promising market ecosystem. Notably...

Diwali 2024 : Samvat 2081 Message By Shripal Shah, MD & CEO, Kotak Securities

Source: Kotak Securities Ltd
2024-10-29 05:39:58 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Today, the benchmark indices continued pullback formation, the Nifty ends 128 points higher while the Sensex was up by 364 points. Among Sectors, PSU Bank index outperformed, rallied over 3 percent whereas Auto and Pharma indices shed over 1 percent. Technically, after early Morning correction one more time market took the support near 24150/795000 and bounce back sharply. From t...

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

Source: Kotak Securities Ltd
2024-10-29 05:21:44 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head of Equity Research, Kotak Securities After a long correction, today the benchmark indices witnessed a pullback rally, the Nifty ends 170 points higher while the Sensex was up by 600 points. Among Sectors, almost all the major sectoral indices were traded in to the positive territory but PSU Bank index outperformed, rallied nearly 4 percent. Technically, after early morning intraday correction market took the ...

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

Source: Kotak Securities Ltd
2024-10-28 04:46:06 pm

Below the Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities COMEX gold prices to a record high of $2,772.60 per ounce last week as tightly contested race between Vice President Kamala Harris and former President Donald Trump boosted safe-haven demand. However, prices retreated to $2,722 during the week as strong US economic data raised expectations that the Federal Reserve would take a cautious approach to monetary easi...

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

Source: Kotak Securities Ltd
2024-10-28 04:38:54 pm

Below the Quote on FPI – FII details from Shrikant Chouhan, Head of Equity Research, Kotak Securities Q) The amount/reason for outflow/inflow (1st Oct to 24th Oct 2024). FIIs turned net cash seller to the tune of Rs. 97,205.42 crores, to date in Oct’24. Q) How is the future FPI flow expected to be? Market sentiment continued to be weighed down by weaker-than-expected Q2FY25 earnings prints and continued weak commentary. FPI flows are...

Quote on FPI � FII details from Shrikant Chouhan, Head of Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-10-25 05:21:46 pm

Below the Quote on Weekly Market Round By Shrikant Chouhan, Head Equity Research, Kotak Securities Indian equity markets corrected sharply this week as FII continued with selling in Indian markets. Benchmark indices (Nifty 50 and Sensex 30) declined between 2-3% this week. The midcap and the smallcap stocks witnessed selling pressure. As a result, the BSE Midcap and the BSE Smallcap indices underperformed the larger peers and were down between 5-8% on a weekly basis. All the...

Quote on Weekly Market Round By Shrikant Chouhan, Head Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-10-25 05:16:16 pm

Below the Quote on Weekly Market Wrap by Amol Athawale , VP-technical Research, Kotak Securities In the last week, the benchmark indices continued profit booking at higher levels, the Nifty ends 2.70 percent while the Sensex was down by 1870 points. Among Sectors, all the major sectoral indices were traded in to the red but Media and Metal indices corrected sharply shed over 7 percent. During the week, market consistently faced selling pressure at higher levels and after a long t...

Quote on Weekly Market Wrap by Amol Athawale , VP-technical Research, Kotak Securities.

Source: Kotak Securities Ltd
2024-10-25 05:08:43 pm

Commodities positive on geopolitical risks, China stimulus Comex Gold jumps higher to trade near $2,750 per ounce on Thursday after a sharp decline on Wednesday. However, geopolitical risks and increased investor interest in gold as a safe haven supported its price. Last session, drop was attributed to higher US bond yields and profit taking, following a recent record-high. Additionally, hedge funds and investors have been buying gold, further boosting its value. However, rising bond yield...

Commodity Research Evening Track by Kotak Securities

Source: Kotak Securities Ltd
2024-10-24 06:09:00 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head of Equity Research, Kotak Securities Today, the benchmark indices witnessed lackluster activity, the Nifty ends 20 points lower while the Sensex was down by 17 points. Among Sectors, FMCG index was the top looser, shed 2.80 percent whereas PSU Bank index rallied 1.2 percent. Technically, after a muted open entire day market hovered between 24350 to 24450/79850-80200. A small candle on daily charts and non-direct...

Market Wrap by Shrikant Chouhan, Head of Equity Research, Kotak Securities

Source: Kotak Securities
2024-10-24 05:11:33 pm

Below the Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities Comex gold fell over 1% on Wednesday, closing below $2,730 per ounce after reaching a record high of $2,772.60 earlier in the session, pulled back by a stronger US dollar and rising Treasury yields. While safe-haven demand due to the upcoming US election and ongoing conflicts in the Middle East supported prices initially, this was outweighed by the dollar index hitting a two...

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

Source: Kotak Securities Ltd
2024-10-24 03:10:27 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head of Equity Research, Kotak Securities Today, the benchmark indices witnessed a volatile trading session, after a roller coaster intraday activity the Nifty ends 36 points lower while the Sensex was down by 120 points. Among Sectors, IT index was the top gainer, rallied 2.5 percent whereas Healthcare and Pharma indices shed over 1.5 percent. Technically, after weak opening market bounce back sharply but one more time it witne...

Market Wrap by Shrikant Chouhan, Head of Equity Research, Kotak Securities

Source: Kotak Securities Ltd
2024-10-23 04:36:36 pm

Gold trading near record highs on rising global uncertainties: Comex Gold continue to trade positive to trade over $2,750 per ounce today driven by haven demand driving bullish sentiment as traders monitored geopolitical risks including conflict in the Middle East and the US election that’s less than two weeks away. As a safe-haven asset, gold has seen a significant increase in demand, gaining over 32% year-to-date. Despite a stronger dollar and rising bond yields, gold's upward ...

Commodity Research Evening Track by Kotak Securities

Source: Kotak Securities Ltd
2024-10-22 05:19:52 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Market Wrap: The benchmark indices continued selling pressure at higher levels, the Nifty ends 309 points lower while the Sensex was down by 931 points. Among Sectors, all the major sectoral indices were traded in to the red but PSU Bank index lost the most shed over 4 percent. Technically, after a positive opening one more time market took the resistance nea...

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

Source: Kotak Securities Ltd
2024-10-22 05:12:09 pm

Below the Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities Comex Gold reached a record high of $2,755.4 per ounce on Monday, extending gains from Friday's session. This increase was driven by safe-haven demand amid heightened tensions in the Middle East and uncertainty surrounding the tight US presidential election, where Vice President Harris leads former President Trump by a narrow margin in leading national polls. Meanwhile, Fed officia...

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

Source: Kotak Securities Ltd
2024-10-22 05:03:21 pm

Diwali Mahurat Picks - October 2024 by Kotak Securities Ltd

Wishing everyone Happy Diwali and a Prosperous Samvat 2081 Indian Markets created history in Samvat 2080 by hitting milestone after milestone. The Nifty surpassed 26250 and BSE Sensex surpassed 85900 in September 2024, with both Indexes gaining around 25% during Samvat 2080. The BSE Midcap and Smallcap Index outperformed and gained 45% and 50% respectively. The up move in markets was exceptional considering the spread of Covid19 and subsequent lockdowns. The up move in markets was exceptio...

Diwali Mahurat Picks - October 2024 by Kotak Securities Ltd

Source: Kotak Securities Ltd
2024-10-22 02:53:02 pm

Gold extends its rally while Crude attempts recovery Comex Gold reached a new record high of $2,651.7 per ounce on Monday fueled by escalating conflict between Israel and Iran, coupled with the uncertainty surrounding the US election results, has driven investors to seek safe-haven assets like gold. Markets are focused on geopolitical risks in the Middle East, with Israel discussing its next attack on Iran after a Hezbollah drone exploded next to Prime Minister Benjamin Netanyahu’s p...

Commodity Research Evening Track by Kotak Securities

Source: Kotak Securities Ltd
2024-10-21 06:13:41 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities oday, the benchmark indices witnessed selling pressure at higher levels, the Nifty ends 73 points lower while the Sensex also down by 73 points. Among Sectors, almost all the major sectoral indices registered selling pressure at higher levels but Media index lost the most shed over 2.6 percent. Technically, the week opening was positive but due to selling ...

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

Source: Kotak Securities Ltd
2024-10-21 04:27:29 pm

Gold rallies to record high on safe haven bids and election jitters Comex Gold prices surged to a new all-time high of $2,729.30 an ounce, driven by escalating tensions in the Middle East and the upcoming US presidential election. Geopolitical tensions in the Middle East, following the killing of a Hamas leader, intensified investor concerns and boosted gold's appeal. Meanwhile, the approaching US election added to market volatility coupled with expectations of further interest rate cu...

Commodity Research Evening Track by Kotak Securities

Source: Kotak Securities Ltd
2024-10-18 05:12:10 pm

Below the Quote on Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities In the last week, the benchmark indices continued profit booking at higher levels, the Nifty ends 110 points lower while the Sensex was down by 156 points. Among Sectors, Auto, consumer and Metal indices corrected sharply while despite weak sentiment some buying were seen in selective Banking and Financial stocks. During the week, the market slipped below 50 day SMA (Simple Moving...

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

Source: Kotak Securities Ltd
2024-10-18 05:02:21 pm

Below the Quote on Havells & CEAT Q2FY25 by Arun Agarwal, VP-Fundamental Research, Kotak Securities Havells Q2FY25 Havells reported healthy revenue growth yoy supported by high double-digit growth in the cable & wires, ECD and Lloyd segment. Start of festive season has seen a pick-up in demand but that could partly be due to an early Diwali this year. Lloyd registered a healthy revenue growth in a seasonally weak quarter. However, the margin performance in some segments ...

Quote on Havells & CEAT Q2FY25 by Arun Agarwal, VP-Fundamental Research, Kotak Securities

Source: Kotak Securities Ltd
2024-10-18 01:50:09 pm

Gold futures near record highs ahead of US economic data releases Comex Gold prices trading positive on Thursday climb above $2,700 an ounce ahead of release of important US economic data later in the day. Moreover, increasingly competitive in US presidential race has heightened demand for safe-haven assets like gold. The precious metal is up about 1% since the start of the week, with investors repositioning portfolios ahead of the US election that’s less than three weeks away. With ...

Commodity Research Evening Track by Kotak Securities

Source: Kotak Securities Ltd
2024-10-17 05:03:46 pm

Below the Quote on Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities Today, the benchmark indices witnessed a sharp selloff, the Nifty ends 220 points lower while the Sensex was down by 500 points. Among sectors all the major sectoral indices registered profit booking at higher levels but realty and auto lost the most fell over 3.5 percent. Technically after a muted opening Nifty breached important level of 24900/81500 and post breakdown the selling pressure...

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

Source: Kotak Securities
2024-10-17 04:25:02 pm

Below the Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities Comex gold prices surged past $2,700 an ounce on Wednesday, bolstered by falling US Treasury yields and strong safe-haven demand amid escalating geopolitical tensions. However, prices pulled back from higher levels due to a stronger dollar. Despite this, safe-haven bids stemming from heightened tensions in the Middle East, particularly following Israel's strikes on Hezbollah in Leb...

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

Source: Kotak Securities Ltd
2024-10-17 03:14:57 pm