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Below the Quote on Daily market commentary by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Nifty traded in a range ahead of a major event and closed with marginal gains of 22 points at 21839 levels. Broader market ended flat, while sector-wise it was a mixed bag. Oil & Gas, Realty, and FMCG were major gainers. Oil & Gas rose to ~1.3% as crude oil price surged to a 5-month high at $87/bbl. On the Global front...
Daily Market Commentary : Broader market ended flat, while sector-wise it was a mixed bag Says Mr. Siddhartha Khemka, Motilal Oswal
Below the Quote on Daily market commentary by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Nifty traded in negative territory throughout the session after seeing recovery in the previous session. The index closed with a loss of 123 points (-0.6%) at 22023 levels. Broader market ended on a mixed note with Nifty Midcap 100 down -0.5% while Nifty Smallcap 100 up +0.4%. Barring FMCG & Metals All sectors ended in red. Oil &...
Daily Market Commentary : Nifty Smallcap 100 up +0.4%. Barring FMCG Says Mr. Siddhartha Khemka, Motilal Oswal
Below the Quote on Daily market commentary by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Nifty witnessed a sharp correction and fell below the 22000 zone after consolidating for last seven days. The index closed with a loss of 338 points (-1.5%) at 21998 levels. Broader market saw persistent selling and tumbled 4-5%. All sectors ended in red with Metals, Realty, Pharma, Oil & Gas, and PSU bank down 5-6%. India & US i...
Daily Market Commentary : Nifty swung between gains and losses to finally close the volatile day flat at 22336 levels Says Mr. Siddhartha Khemka, Motilal Oswal
Below the Daily market commentary by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Nifty after making a new high above the 22,500 zone, consolidated in positive territory ahead of the long weekend. The index closed with gains of 20 points at 22494 levels. Broader market saw some buying after remaining under pressure for the past few sessions. Majority of the sectors ended in green with buying seen in Metals, FMCG, Financials, a...
Daily Market Commentary : Nifty after making a new high above the 22,500 zone Says Mr. Siddhartha Khemka, Motilal Oswal
Below the Daily Market Commentary On 16 Febraury 2024 by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Domestic equities gained for 4th consecutive day, recovering more than 500 points (2.3%) from a low of 21530 and reaching close to its life-high levels of 22,126. Nifty traded in positive territory throughout the session and closed with handsome gains of 130 points at 22041 levels. Broader market continued to gain strength up...
Daily market commentary : Domestic equities were off from the day`s high amid selling in index heavyweights by Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd
Below the Daily market commentary by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Sharp selling was seen in the broader domestic market on account of the rise in crude oil prices and muted global cues amid the Lunar New Year holiday in Asian markets. Mid and small caps had witnessed strong rallies over the past few months thus making valuations a little stretched. However, buying was seen in large caps where there is still some comfort....
Daily market commentary :Sharp selling was seen in the broader domestic market on account of the rise in crude oil prices says Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd
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