Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Today, the market experienced a significant rally, gaining nearly two percent and reversing the recent negativity. The upbeat tone was evident from the start, with substantial buying in heavyweights across various sectors further driving the momentum. Consequently, both the Nifty and Sensex closed near their highs at 24,834 and 81,332, respectively.
This surg...
Daily Market Analysis : Today, the market experienced a significant rally, gaining nearly two percent and reversing the recent negativity Says Mr. Ajit Mishra, Religare Broking Ltd
Below the Quote on Pre-Market Comment by Deven Mehata, Research Analyst, Choice Broking
The benchmark Sensex and Nifty indices are expected to open flat to positive on July 26, following GIFT Nifty trends indicating a gain of 20 points for the broader index.
Nifty can find support at 24,300 followed by 24,350 and 24,200. On the higher side, 24,500 can be an immediate resistance, followed by 24,550 and 24,600.
The charts of Bank Nifty indicate that it may get suppo...
Pre-Market Comment by Deven Mehata, Research Analyst, Choice Broking
Indian equity indices opened in the green on Friday following positive global cues.
At 9.43 a.m., Sensex was up 329 points or 0.41 per cent, at 80,373 and Nifty was up 118 points or 0.48 per cent, at 24,524.
Buying is seen in the broader markets. Nifty midcap 100 index is up 711 points or 1.25 per cent, at 57,453. Nifty smallcap 100 index is up 74 points or 0.40 per cent, at 18,747.
Among the sectoral indices, Metal, IT, PSU Bank, Pharma, Metal, Realty, Energy, and Infra are th...
Sensex trades higher on positive global cues
Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Markets remained volatile on the monthly expiry day and ended nearly flat, continuing the current consolidation trend. Weak global cues and pressure on major banking stocks led to a gap-down start, but recovery in select heavyweights minimized losses. Ultimately, Nifty closed at 24,406.10. Sector-wise, energy, auto, and pharma performed well despite the choppiness, while m...
Daily Market Analysis : Markets remained volatile on the monthly expiry day and ended nearly flat, continuing the current consolidation trend Says Mr Ajit Mishra, Religare Broking Ltd
Indian equity indices opened in the deep red on Thursday following negative cues from global markets.
At 9.43 a.m., Sensex was at 79,697, down 450 points or 0.56 per cent and Nifty was down 125 points or 0.51 per cent at 24,288.
Midcap and smallcap stocks are seeing less decline. The Nifty Midcap index is down 225 points or 0.40 per cent at 56,647 and the Nifty Smallcap index is at 18,672, down 50 points or 0.27 per cent.
Among the sectoral indices, Metal, realty, pharma, IT, P...
Sensex trades lower on negative global cues
Indian equity indices closed in the red on Wednesday following profit booking in largecap stocks.
At closing, Sensex was down 280 points or 0.35 per cent, at 80,148 and Nifty was down 65 points or 0.27 per cent, at 24,413.
During the session, Markets witnessed high volatility. Sensex touched a high of 80,519 and a low of 79,750, while Nifty traded in the range of 24,504 to 24,307.
There was an upward trend in midcap and smallcap stocks as compared to largecap stocks.
The Nif...
Sensex closes lower, midcap and smallcap outshine largecap stocks
Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
The markets traded lackluster and ended slightly lower, continuing the ongoing consolidation phase. After a flat start, Nifty fluctuated within a narrow range, eventually closing at 24,413.50. Sector-wise, the trend was mixed, with energy, realty, and pharma showing decent gains, while banking and FMCG sectors declined. Notably, the broader indices performed well amid vola...
Daily Market Analysis : The markets traded lackluster and ended slightly lower, continuing the ongoing consolidation phase Says Mr Ajit Mishra, Religare Broking Ltd