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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
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 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
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
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
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
Quote on Fed Rate Cut by Dr Ravi Singh, SVP - Retail Research, Religare Broking Ltd 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
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
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
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 Analysis : The large-cap segment bore the brunt of the selling pressure, while the broader indices displayed relative resilience 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 remained under pressure and ended the session with a loss of nearly one and a half percent, reflecting weak sentiment. After an initial dip, the Nifty witnessed a gradual decline throughout the day and eventually closed near its intraday low at 24,336. All sectors came under selling pressure, with metals, autos, and energy stocks taking the biggest hit. While the br...
Daily Market Analysis : The large-cap segment bore the brunt of the selling pressure, while the broader indices displayed relative resilience Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
Daily Market Analysis : The large-cap segment bore the brunt of the selling pressure, while the broader indices displayed relative resilience Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
Source: Religare Broking Ltd
2024-12-17 04:37:26 pm
Daily Market Analysis : Markets began the week on a subdued note, following a volatile session on Friday, and ended with a loss of nearly half a percent Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd   Markets began the week on a subdued note, following a volatile session on Friday, and ended with a loss of nearly half a percent. After an initial decline, the Nifty gradually drifted lower in the first half and then traded within a range for the rest of the session. Sectoral trends were mixed, with gains in realty and pharma offset by declines in metal, IT, and energy. Mea...
Daily Market Analysis : Markets began the week on a subdued note, following a volatile session on Friday, and ended with a loss of nearly half a percent Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets began the week on a subdued note, following a volatile session on Friday, and ended with a loss of nearly half a percent Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-12-16 03:53:38 pm
Weekly Market Analysis : Markets strengthened recovery and gained nearly a percent, in continuation to Friday`s rebound Says Mr. Ajit Mishra, Religare Broking Below the Quote on Weekly Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd.   The markets extended their positive momentum for the fourth consecutive week, gaining nearly half a percent amid consolidation. The benchmark indices remained in a tight range throughout most of the week but managed to close firmly on the final day despite significant volatility. Favorable macroeconomic data, including lower CPI inflation and improved Index of Industrial...
Weekly Market Analysis : Markets strengthened recovery and gained nearly a percent, in continuation to Friday`s rebound Says Mr. Ajit Mishra, Religare Broking
Weekly Market Analysis : Markets strengthened recovery and gained nearly a percent, in continuation to Friday`s rebound Says Mr. Ajit Mishra, Religare Broking
Source: Religare Broking Ltd
2024-12-14 11:28:06 am
Daily Market Analysis : Nifty`s strong close near the day`s high suggests the potential for further upside, with confirmation expected above the 24,800 level Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd   The final trading session of the week was a roller-coaster ride, with Nifty experiencing sharp swings in both directions before ending at 24.768.30 level nearly 1% higher. Sectoral indices mirrored this volatility, with FMCG, IT, and banking leading the gains, while metals and realty ended in the red. The broader indices also saw choppy trading but managed to close flat. ...
Daily Market Analysis : Nifty`s strong close near the day`s high suggests the potential for further upside, with confirmation expected above the 24,800 level Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Nifty`s strong close near the day`s high suggests the potential for further upside, with confirmation expected above the 24,800 level Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-12-13 05:00:00 pm
Daily Market Analysis : Markets closed slightly lower on the weekly expiry day, shedding nearly half a percent amid mixed signals Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   Markets closed slightly lower on the weekly expiry day, shedding nearly half a percent amid mixed signals. After an initial uptick, the Nifty gradually declined throughout the session, ending near the day’s low at 24,548.70 level. Sectorally, most indices saw profit booking, with FMCG and energy being the top losers, though resilience in the IT sector helped lim...
Daily Market Analysis : Markets closed slightly lower on the weekly expiry day, shedding nearly half a percent amid mixed signals Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets closed slightly lower on the weekly expiry day, shedding nearly half a percent amid mixed signals Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-12-12 05:01:17 pm
Stock of the day : Petronet LNG Ltd For Target Rs. 355 - Religare Broking Petronet LNG Ltd * Day's price action in PETRONET demonstrates a breakout above its falling channel. * The stock, for an instance, consolidated around the 100 EMA and has created a base at the 200 DEMA, bouncing back from the same. * Recommendation: We maintain a short-term buy on PETRONET with pre-emptive momentum to gain post-breakout. * Traders are recommended to accumulate the stock maintaining 355 level as the first target.   Buy Petronet LNG Ltd ...
Stock of the day : Petronet LNG Ltd For Target Rs. 355 - Religare Broking
Stock of the day : Petronet LNG Ltd For Target Rs. 355 - Religare Broking
Source: Religare Broking Ltd
2024-12-12 10:42:46 am
NIFTY remained range-bound for the fourth consecutive session, closing with minimal change - Religare Broking Ltd NIFTY * NIFTY remained range-bound for the fourth consecutive session, closing with minimal change. * Sectoral trends were mixed, with FMCG, auto, and IT posting modest gains, while energy and banking saw slight declines. * We anticipate the consolidation phase to conclude soon, with the Nifty likely to surpass the 24,800 resistance level. * Traders are advised to maintain a "buy on dips" strategy, focusing on prudent stock selection.   BANKNIFTY * BANK...
NIFTY remained range-bound for the fourth consecutive session, closing with minimal change - Religare Broking Ltd
NIFTY remained range-bound for the fourth consecutive session, closing with minimal change - Religare Broking Ltd
Source: Religare Broking Ltd
2024-12-12 09:52:49 am
Daily Market Analysis : The markets remained range-bound for the fourth consecutive session, closing with minimal change 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 remained range-bound for the fourth consecutive session, closing with minimal change. After a flat opening, the Nifty climbed in the first half but faced resistance near the 24,700 mark, limiting further gains. Sectoral trends were mixed, with FMCG, auto, and IT posting modest gains, while energy and banking saw slight declines. Notably, broader indices extended...
Daily Market Analysis : The markets remained range-bound for the fourth consecutive session, closing with minimal change Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : The markets remained range-bound for the fourth consecutive session, closing with minimal change Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking Ltd
2024-12-11 04:30:30 pm
Daily Market Analysis : Markets remained range-bound for another session, closing nearly unchanged as the recent rebound paused Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   Markets remained range-bound for another session, closing nearly unchanged as the recent rebound paused. After a flat opening, the Nifty index drifted lower during the first half of the session, but a swift recovery in select heavyweights erased the losses, ultimately closing at 24,610.05.  Sectorally, performance was mixed, with realty and IT leading the gain...
Daily Market Analysis : Markets remained range-bound for another session, closing nearly unchanged as the recent rebound paused Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets remained range-bound for another session, closing nearly unchanged as the recent rebound paused Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-12-10 04:35:53 pm
Daily Market Analysis : The markets traded sluggishly and ended slightly lower, extending Friday`s pause 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 traded sluggishly and ended slightly lower, extending Friday’s pause. After an initial uptick, the Nifty moved within a narrow range before closing at the 24,619 level. Sector-wise, a mixed trend persisted, with metal and IT sectors posting gains, while FMCG and auto ended in the red. Broader indices, however, continued their upward movement, advancing b...
Daily Market Analysis : The markets traded sluggishly and ended slightly lower, extending Friday`s pause Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : The markets traded sluggishly and ended slightly lower, extending Friday`s pause Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking Ltd
2024-12-09 04:12:58 pm
Stock of the day : Hindustan Petroleum Corporation Ltd For Target Rs. 412 - Religare Broking Hindustan Petroleum Corporation Ltd * HINDPETRO has advanced towards a breakout from its consolidation range. * Stock has faced a correction phase previously and settled near its 100 DEMA. * Stock consolidated above its 100 DEMA, simultaneously beholding a breakout from the consolidation zone. * Recommendation: We maintain momentum buy on the stock. * Traders are recommended to accumulate the stock in the mentioned range and 410-415 as the first swing target.   B...
Stock of the day : Hindustan Petroleum Corporation Ltd For Target Rs. 412 - Religare Broking
Stock of the day : Hindustan Petroleum Corporation Ltd For Target Rs. 412 - Religare Broking
Source: Religare Broking Ltd
2024-12-09 10:22:31 am
Weekly Market Analysis : Markets extended their recovery for the third consecutive week, gaining over 2% amid mixed cues Says Mr. Ajit Mishra, Religare Broking Below the Weekly Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   Markets extended their recovery for the third consecutive week, gaining over 2% amid mixed cues. The sentiment turned positive early on, as weaker-than-expected GDP data raised hopes for RBI intervention, which materialized with a 50-basis-point CRR cut during the policy meet, while the repo rate remained unchanged. Additionally, renewed buying by FIIs, following a prolonged ...
Weekly Market Analysis : Markets extended their recovery for the third consecutive week, gaining over 2% amid mixed cues Says Mr. Ajit Mishra, Religare Broking
Weekly Market Analysis : Markets extended their recovery for the third consecutive week, gaining over 2% amid mixed cues Says Mr. Ajit Mishra, Religare Broking
Source: Religare Broking
2024-12-07 11:00:49 am
Daily Market Analysis : Markets traded within a narrow range and ended the day nearly unchanged despite an eventful session Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd   Markets traded within a narrow range and ended the day nearly unchanged despite an eventful session. After a flat opening, the Nifty remained confined to a tight band, as the MPC meeting outcome aligned with market expectations and failed to evoke a significant reaction. Sectoral trends were mixed, with gains in metal and auto stocks, while IT, banking, and energy sectors r...
Daily Market Analysis : Markets traded within a narrow range and ended the day nearly unchanged despite an eventful session Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets traded within a narrow range and ended the day nearly unchanged despite an eventful session Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-12-06 04:23:18 pm
Daily Market Analysis : Markets extended their recovery in a volatile session, gaining over 1% after a brief pause Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd   Markets extended their recovery in a volatile session, gaining over 1% after a brief pause. Following a subdued start, a sudden surge in select heavyweight stocks mid-session lifted sentiment, though volatile swings in the final hour tempered the momentum. Ultimately, the Nifty closed at 24,708, up 0.98%, after hitting an intraday high of 24,857.75.  Most sectors co...
Daily Market Analysis : Markets extended their recovery in a volatile session, gaining over 1% after a brief pause Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets extended their recovery in a volatile session, gaining over 1% after a brief pause Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking Ltd
2024-12-05 04:48:36 pm
Daily Market Analysis : The Markets experienced a volatile session and ended nearly flat, taking a breather after three consecutive days of gains 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 experienced a volatile session and ended nearly flat, taking a breather after three consecutive days of gains. While the tone remained positive for part of the session, profit-booking in select heavyweights limited the upside. Sectorally, performance was mixed, with banking and realty outperforming, while energy, auto, and FMCG faced pressure. On the broader fro...
Daily Market Analysis : The Markets experienced a volatile session and ended nearly flat, taking a breather after three consecutive days of gains Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : The Markets experienced a volatile session and ended nearly flat, taking a breather after three consecutive days of gains Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking Ltd
2024-12-04 04:17:19 pm
Daily Market Analysis : The Markets extended their recovery for the third consecutive session, posting gains of 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   The markets extended their recovery for the third consecutive session, posting gains of over half a percent. After opening on a positive note, the Nifty gradually advanced throughout the day, eventually crossing the key resistance level of 24,350. Sector-wise, heavyweights in energy, metals, and banking drove the rally, while defensive sectors like FMCG and pharma sho...
Daily Market Analysis : The Markets extended their recovery for the third consecutive session, posting gains of over half a percent Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
Daily Market Analysis : The Markets extended their recovery for the third consecutive session, posting gains of over half a percent Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
Source: Religare Broking
2024-12-03 04:21:54 pm
Stock of the day : Petronet LNG Ltd For Target Rs. 365 - Religare Broking Petronet LNG Ltd * PETRONET days price action suggests volume delta with positive rebound. * Stock has given a breakout from its falling trend line and 100 DEMA. * Demonstrates stronger charts comparatively from its peers, bouncing back from 200DEMA. * Recommendation: We maintain momentum buy keeping supports at 100 DEMA. * Traders are recommended to accumulate for momentum upside towards 365 zones. Buy Petronet LNG Ltd CMP 333.10 Range 332-336&n...
Stock of the day : Petronet LNG Ltd For Target Rs. 365 - Religare Broking
Stock of the day : Petronet LNG Ltd For Target Rs. 365 - Religare Broking
Source: Religare Broking Ltd
2024-12-03 11:07:34 am
Banknifty demonstrate consolidation while closing with marginal gains of 0.29% - Religare Broking Ltd Nifty * The December series kicked off on a positive note, with NIFTY gaining nearly 1%.. *  Sectoral outlook: Most key sectors ended higher, with pharma, energy, and auto leading the gains. * 24350 continues to be an immediate resistance. * It is recommended that traders exercise caution while looking at large cap and momentum midcap choices.   Bank Nifty * Banknifty demonstrate consolidation while closing with marginal gains of 0.29%. ...
Banknifty demonstrate consolidation while closing with marginal gains of 0.29% - Religare Broking Ltd
Banknifty demonstrate consolidation while closing with marginal gains of 0.29% - Religare Broking Ltd
Source: Religare Broking
2024-12-03 09:40:51 am
Daily Market Analysis : Markets started the week on a positive note, rising over half a percent despite mixed signals 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 started the week on a positive note, rising over half a percent despite mixed signals. The session opened weak on disappointing GDP data but saw a recovery as select heavyweight stocks across sectors gained momentum, fueled by hopes of RBI measures to support the economy in its upcoming meeting. As a result, Nifty closed near the day’s high at 24,276.05 level....
Daily Market Analysis : Markets started the week on a positive note, rising over half a percent despite mixed signals Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
Daily Market Analysis : Markets started the week on a positive note, rising over half a percent despite mixed signals Says Mr. Ajit Mishra - SVP, Research, Religare Broking Ltd
Source: Religare Broking
2024-12-02 04:04:04 pm
Weekly Market Analysis : Markets gained nearly 1% last week, marking the second consecutive week of advances amid mixed cues Says Mr. Ajit Mishra, Religare Broking Below the Quote on Weekly Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd.   Markets gained nearly 1% last week, marking the second consecutive week of advances amid mixed cues. The week started on a strong note, supported by favorable state election results, but fluctuations in heavyweight stocks limited the upside. Ultimately, Nifty and Sensex closed at 24,131.1 and 79,802.79, respectively. Sectoral performance was broad-based, with energy, met...
Weekly Market Analysis : Markets gained nearly 1% last week, marking the second consecutive week of advances amid mixed cues Says Mr. Ajit Mishra, Religare Broking
Weekly Market Analysis : Markets gained nearly 1% last week, marking the second consecutive week of advances amid mixed cues Says Mr. Ajit Mishra, Religare Broking
Source: Religare Broking Ltd
2024-11-30 11:02:25 am
Daily Market Analysis : The December series began positively, with markets gaining nearly 1% Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   The December series began positively, with markets gaining nearly 1%. Nifty surged early on, settling at 24,131 after a range-bound phase. Pharma, energy, and auto led sectoral gains, while smallcaps moved in line with the benchmark, and midcaps ended flat. Nifty is expected to consolidate further, making stock selection based on relative strength crucial. IT and b...
Daily Market Analysis : The December series began positively, with markets gaining nearly 1% Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : The December series began positively, with markets gaining nearly 1% Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking Ltd
2024-11-29 04:41:54 pm
Daily Market Analysis : Markets broke a 3-day consolidation phase with a sharp decline on the monthly expiry day, losing nearly 1.5% Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   Markets broke a 3-day consolidation phase with a sharp decline on the monthly expiry day, losing nearly 1.5%. Early gains gave way to selling pressure in heavyweights, particularly IT and banking, dragging the indices lower. Most sectors closed in the red, with IT, auto, and financials leading the losses, while broader indices outperformed slightly, ending marginally posit...
Daily Market Analysis : Markets broke a 3-day consolidation phase with a sharp decline on the monthly expiry day, losing nearly 1.5% Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets broke a 3-day consolidation phase with a sharp decline on the monthly expiry day, losing nearly 1.5% Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking Ltd
2024-11-28 04:53:01 pm
Daily Market Analysis : Broader indices outperformed during the consolidation, registering gains of 0.7% to 1.35% 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 remained range-bound for the third consecutive session, closing slightly higher and continuing the ongoing consolidation phase. After an initial uptick, the Nifty traded within a narrow range during the first half. However, a late surge in select heavyweight stocks lifted the index, which eventually settled at 24,274.90. Sector-wise, the trend remained mixed, w...
Daily Market Analysis : Broader indices outperformed during the consolidation, registering gains of 0.7% to 1.35% Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Broader indices outperformed during the consolidation, registering gains of 0.7% to 1.35% Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking Ltd
2024-11-27 04:53:52 pm
Daily Market Analysis : Markets traded within a range and ended flat, pausing after the recent rebound Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   Markets traded within a range and ended flat, pausing after the recent rebound. Nifty oscillated in a narrow band before settling at 24,192. Sectoral trends were mixed, with IT and FMCG edging higher, while auto, pharma, and energy ended in the red. Broader indices showed a similar trend, with smallcaps gaining nearly 1%.  Nifty’s consolidation is unfolding as exp...
Daily Market Analysis : Markets traded within a range and ended flat, pausing after the recent rebound Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets traded within a range and ended flat, pausing after the recent rebound Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking Ltd
2024-11-26 05:00:15 pm
Daily Market Analysis : Markets began the week on a strong note, extending Friday`s momentum to gain nearly 1.5% Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   Markets began the week on a strong note, extending Friday’s momentum to gain nearly 1.5%. Nifty opened with a gap-up, traded in a narrow range, and settled at 24,221.90. All major sectors contributed to the rally, with realty, banking, and energy leading the charge. Broader indices also mirrored the move, posting gains of 1.6%-2.1%.  Over the last two se...
Daily Market Analysis : Markets began the week on a strong note, extending Friday`s momentum to gain nearly 1.5% Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets began the week on a strong note, extending Friday`s momentum to gain nearly 1.5% Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-11-25 06:08:49 pm
Weekly Market Analysis : Markets ended the week with decent gains, offering relief after weeks of correction Says Mr. Ajit Mishra, Religare Broking Below the Quote on Weekly Note by Mr. Ajit Mishra, SVP - Research, Religare Broking Ltd   Markets ended the week with decent gains, offering relief after weeks of correction. Despite a negative bias for most of the week due to persistent FII selling, Friday’s sharp recovery, led by bargain hunting in index heavyweights, helped indices close near their highs. The Nifty and Sensex gained nearly 2%, ending at 23,907.20 and 79,117.10, respectively. Most sectors, except energy,...
Weekly Market Analysis : Markets ended the week with decent gains, offering relief after weeks of correction Says Mr. Ajit Mishra, Religare Broking
Weekly Market Analysis : Markets ended the week with decent gains, offering relief after weeks of correction Says Mr. Ajit Mishra, Religare Broking
Source: Religare Broking
2024-11-23 02:40:09 pm
Daily Market Analysis : Markets rebounded strongly this week, gaining over 2% after a recent decline Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   Markets rebounded strongly this week, gaining over 2% after a recent decline. While Nifty saw early volatility, strength in banking and IT stocks propelled the index higher, later supported by other sectors. IT and realty outperformed, rising over 3% each, while broader indices participated but lagged the benchmark.  State election results on Monday could influence the ...
Daily Market Analysis : Markets rebounded strongly this week, gaining over 2% after a recent decline Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets rebounded strongly this week, gaining over 2% after a recent decline Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-11-22 04:34:26 pm
Stock of the day : Power Grid Corporation of India Ltd For Target Rs. 342 - Religare Broking Power Grid Corporation of India Ltd * POWERGRID has formed a base and rebounded post, forming 50% retracement and multiple inside bars. * Stock has reclaimed its 100 DEMA post-consolidation, taking major support at its long-term moving average. * Expect the stock to continue its bullish reversal, keeping 100 DEMA as an important support. * Traders are recommended to stay on longs and play for follow-on bounce in the mentioned range. Buy Power Grid Corpor...
Stock of the day : Power Grid Corporation of India Ltd For Target Rs. 342 - Religare Broking
Stock of the day : Power Grid Corporation of India Ltd For Target Rs. 342 - Religare Broking
Source: Religare Broking
2024-11-22 10:44:19 am
Nifty continued its downward trajectory, shedding over half a percent in line with the prevailing trend - Religare Broking Ltd Nifty * NIFTY continued its downward trajectory, shedding over half a percent in line with the prevailing trend. * Sectorally, realty and IT outperformed, while energy, metals, and FMCG ended in the red. * Maintain sell on bounce as 23500 levels i.e., 200 DEMA is key resistance upside. * Traders should maintain caution and adopt a hedged strategy to manage the prevailing market uncertainty.   Bank Nifty * Banknifty traded dull with volati...
Nifty continued its downward trajectory, shedding over half a percent in line with the prevailing trend - Religare Broking Ltd
Nifty continued its downward trajectory, shedding over half a percent in line with the prevailing trend - Religare Broking Ltd
Source: Religare Broking
2024-11-22 09:17:25 am
Daily Market Analysis : Markets edged lower and lost over half a percent, in continuation to the prevailing downtrend Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   Markets edged lower and lost over half a percent, in continuation to the prevailing downtrend.  The tone was negative from the beginning however buying in select heavyweights from IT and banking space capped the decline as the day progressed. Consequently, the Nifty index hovered in a range for most of the session and settled at 23,349.90 level. On the sectoral front, real...
Daily Market Analysis : Markets edged lower and lost over half a percent, in continuation to the prevailing downtrend Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets edged lower and lost over half a percent, in continuation to the prevailing downtrend Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-11-21 05:02:50 pm
Stock of the day : United Spirits Ltd For Target Rs. 1585 - Religare Broking United Spirits Ltd * UNITEDSPR recently formed a base and rebounded, forming bullish sentiments to resume. * Previously, stock continuously traded above its important moving averages. * Expect the stock to continue its bullish reversal after the accumulation phase at 100 DEMA. * Traders are recommended to stay on the positive side for follow-on bounce towards its previous distributed levels of 1585-1600. Buy United Spirits Limited CMP 1487.4 Range 1...
Stock of the day : United Spirits Ltd For Target Rs. 1585 - Religare Broking
Stock of the day : United Spirits Ltd For Target Rs. 1585 - Religare Broking
Source: Religare Broking Ltd
2024-11-21 09:55:09 am
Banknifty has formed a shooting star candle, which might act as resistance for further follow-on upside - Religare Broking Ltd Nifty * NIFTY experienced a volatile session and ended marginally higher. * Sectoral trends: realty, auto, and pharma leading the gainers, while metal and energy ended in the red. * Nifty's movement reflects that bears are firmly in control, using every rebound as an opportunity to short. * We maintain our “sell on rise” stance for the index until a decisive reversal is evident. while emphasizing a selective approach for stock-specific trades. ...
Banknifty has formed a shooting star candle, which might act as resistance for further follow-on upside - Religare Broking Ltd
Banknifty has formed a shooting star candle, which might act as resistance for further follow-on upside - Religare Broking Ltd
Source: Religare Broking
2024-11-21 09:36:19 am
Daily Market Analysis : Markets experienced a volatile session and ended marginally higher, pausing after the recent decline Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd.   Markets experienced a volatile session and ended marginally higher, pausing after the recent decline. Despite an initial uptick and a positive move in the first half, a sharp sell-off in the latter half erased all gains. Sectoral trends remained mixed, with realty, auto, and pharma leading the gainers, while metal and energy ended in the red. Broader indices outperformed amids...
Daily Market Analysis : Markets experienced a volatile session and ended marginally higher, pausing after the recent decline Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : Markets experienced a volatile session and ended marginally higher, pausing after the recent decline Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-11-19 03:59:56 pm
Religare Broking signs MoU with FPSB India as Authorised Corporate Partner Religare Broking Ltd., one of the leading securities firms in India, has signed a Memorandum of Understanding (MoU) with FPSB India, joining as an Authorised Corporate Partner (ACP) to strengthen its commitment of offering client-centric financial services. FPSB India is the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB Ltd.), the global standards-setting body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER (CFP®) ce...
Religare Broking signs MoU with FPSB India as Authorised Corporate Partner
Religare Broking signs MoU with FPSB India as Authorised Corporate Partner
Source: PR Agency
2024-11-19 11:22:42 am
Stock of the day : ITC Limited For Target Rs. 485 - Religare Broking   ITC Limited   * ITC recently witnessed selling pressure from record highs. * Day price action decodes decent reversal from 200 EMA, which is its long-term           moving average. * According to past data feeds and repeated instances, stock has given bounce over its 200 EMA. * Stock recommendation: We maintain momentum buy and reversal bounce from the said levels. * Traders are recommended to play the reversal bounce to test its immed...
Stock of the day : ITC Limited For Target Rs. 485 - Religare Broking
Stock of the day : ITC Limited For Target Rs. 485 - Religare Broking
Source: Religare Broking Ltd
2024-11-19 11:06:30 am
NIFTY continued its downward trend, slipping nearly half a percent - Religare Broking Ltd Nifty * NIFTY continued its downward trend, slipping nearly half a percent. * Sector-wise, metals, FMCG, and auto gained, while IT and energy sectors remained under pressure. * Nifty has now fallen below 200 DEMA, which is its major support, indicating that the bears are in control. * We recommend maintaining a cautious outlook on the index and focusing selectively on stock-specific opportunities.   Bank Nifty * Banknifty traded in a range throughout the day, tak...
NIFTY continued its downward trend, slipping nearly half a percent - Religare Broking Ltd
NIFTY continued its downward trend, slipping nearly half a percent - Religare Broking Ltd
Source: Religare Broking
2024-11-19 10:15:37 am
Daily Market Analysis : The market continued its downward trend, slipping nearly half a percent Says Mr. Ajit Mishra, Religare Broking Ltd Below the Quote on Daily Market Analysis By Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd   The market continued its downward trend, slipping nearly half a percent. Nifty saw a sharp dip initially but managed to recover most of its losses mid-session before eventually closing with a modest cut at 23,453.80. Sector-wise, there was a mixed performance, with metals, FMCG, and auto gaining, while IT and energy sectors remained under pressure. The broader indices also...
Daily Market Analysis : The market continued its downward trend, slipping nearly half a percent Says Mr. Ajit Mishra, Religare Broking Ltd
Daily Market Analysis : The market continued its downward trend, slipping nearly half a percent Says Mr. Ajit Mishra, Religare Broking Ltd
Source: Religare Broking
2024-11-18 04:27:41 pm
Stock of the day : Indian Hotels Company Ltd For Target Rs. 775 - Religare Broking Indian Hotels Company Ltd * INDHOTEL is continuously trading in a steady uptrend, forming higher highs and higher lows. * Currently, stock is trading near its 52-week high levels. * INHOTEL has bounced multiple times from 100 EMA and retained support trading above the same. * After multiple inside bars of its big bullish candle, stock has given a crossover, forming bullish engulfing and bullish reversal. * Traders are recommended to accumulate the stock...
Stock of the day : Indian Hotels Company Ltd For Target Rs. 775 - Religare Broking
Stock of the day : Indian Hotels Company Ltd For Target Rs. 775 - Religare Broking
Source: Religare Broking
2024-11-18 10:43:23 am
Nifty had a subdued session on the weekly expiry day following the recent sell-off - Religare Broking Ltd Nifty *  Nifty had a subdued session on the weekly expiry day following the recent sell-off. *  Major sectors outlook : there was a mixed performance—realty and auto sectors edged higher, while FMCG and pharma ended in the red. *  200EMA i.e., 21500 will largely play as make or break level for index. *  We advise monitoring leveraged positions closely at this point.   Bank Nifty *  Post breakdown below 100 EMA, index ...
Nifty had a subdued session on the weekly expiry day following the recent sell-off - Religare Broking Ltd
Nifty had a subdued session on the weekly expiry day following the recent sell-off - Religare Broking Ltd
Source: Religare Broking
2024-11-18 10:30:03 am
Weekly Note November 16 by 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 resumed their corrective trend after a brief period of consolidation, shedding over two and a half percent for the week. Despite a flat opening, pressure from heavyweight stocks pushed the benchmarks lower, resulting in a muted session to close out the week. Mounting concerns over rising CPI inflation and persistent disappointments in corporate earnings weighed heavily on sentiment...
Weekly Note November 16 by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Weekly Note November 16 by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Source: Religare Broking Ltd
2024-11-16 10:46:38 am
Daily Market Analysis : The Nifty index had a subdued session on the weekly expiry day following the recent sell-off Says Mr. Ajit Mishra, Religare Broking Below the Quote on Daily Market Analysis by Mr. Ajit Mishra, SVP - Technical Research, Religare Broking Ltd   The Nifty index had a subdued session on the weekly expiry day following the recent sell-off. The benchmark index saw sharp fluctuations in the early hours, but a lack of clear direction among heavyweights kept the movement contained throughout the day. Sectorally, there was a mixed performance—realty and auto sectors edged higher, while FMCG and pharma ended in the r...
Daily Market Analysis : The Nifty index had a subdued session on the weekly expiry day following the recent sell-off Says Mr. Ajit Mishra, Religare Broking
Daily Market Analysis : The Nifty index had a subdued session on the weekly expiry day following the recent sell-off Says Mr. Ajit Mishra, Religare Broking
Source: Religare Broking
2024-11-14 04:36:56 pm
Stock of the day : Infosys Ltd For Target Rs. 1970 - Religare Broking Infosys Ltd * Among the IT space, INFY is the strongest counter to deliver consistent performance. * INFY has formed a clear uptrend with the least volatility distracting the trend. * Recently, stock comprehended a healthy correction from record highs and rebounded from 100EMA zones. * Recommendation: Maintain buy and accumulate for short as well as medium term for new fresh highs to 2000 Mark. * Traders are recommended to accumulate in the mentioned range. Buy Info...
Stock of the day : Infosys Ltd For Target Rs. 1970 - Religare Broking
Stock of the day : Infosys Ltd For Target Rs. 1970 - Religare Broking
Source: Religare Broking
2024-11-14 10:55:03 am
Nifty Extends Correction, Drops 1.5%, Continues Downward Trend - Religare Broking Ltd Nifty *  NIFTY extended its corrective phase, declining by nearly one and a half percent, continuing the existing downward trend. *  Major sectoral outlook: realty, metal, and auto stocks among the biggest losers. *  Nifty gradually drifted lower, retesting its critical support at the 200-day exponential moving average (DEMA) for the first time in nearly five months. *  Traders are advised to monitor positions closely and maintain a hedged strategy. &nbs...
Nifty Extends Correction, Drops 1.5%, Continues Downward Trend - Religare Broking Ltd
Nifty Extends Correction, Drops 1.5%, Continues Downward Trend - Religare Broking Ltd
Source: Religare Broking Ltd
2024-11-14 09:36:03 am