Markets Expected To Remain Range-Bound Ahead

weekly share market news and updates

Our Analysis

The market witnessed a soft opening to the week and it seemed that it will be yet another dull week as we have seen the market moving in the range-bound over the last four-five week. Tuesday's trading session turned out to be the best trading session on the back of low levels of WPI and CPI inflation and given the hope of rate cut in the next monetary policy.
The D-streets focus was shifted to Q3 results, The companies have witnessed robust growth in revenue YoY, However, the overall PAT of these company declined marginally. Mid- Small company posting good result were rewarded by the investor going forward we can see the same as the company's fair value can be evaluated by the investor.

This Weeks Market Highlights:

Benchmark Indices:

1)On Monday, Indian equity benchmarks ended negative, the Sensex was down 156.28 points or 0.43% at 35853.56, and the Nifty down 57.40 points or 0.53% at 10737.60.

2)Among sectors compiled by BSE ended lower led by Capital Goods Index's 1.93 percent decline. While, Healthcare Index was the top gainer, up 0.38 percent. The BSE midcap and smallcap indices fell 0.44 % and 0.5%, respectively.

3)On Tuesday, Indian equity benchmarks surged on rate cut hopes after inflation cooled down to the lowest level, the Sensex was up 1.30% at 36318.33, while the Nifty was higher by 149.20 at 10886.80.

4)All sector indices ended in the green, with maximum buying visible among IT and energy names, while metals and banks, too, closed with highest gains. The BSE midcap and smallcap indices were up by 0.67% and 1.13%, respectively.
5) On Wednesday, Equity Benchmark indices ended the volatile day on a flat note, The Sensex was up 2.96 points at 36321.29, while Nifty was up 3.50 points at 10890.30.
6) On Thursday, Indian equity benchmarks rose for the third day in a row, The Sensex was up 52.79 points at 36374.08, while Nifty was up 14.90 points at 10,905.20.
7. Benchmark indices started the day on the positive note with Nifty holding above 10,900 marks.

Broader Index & Global Market:

-Great Britain's parliament rejected Theresa May's Brexit's deal, Which means it will uphill task for her to complete the Brexit deal before the deadline of March 29,2019. Post this defeat the Brexit is most likely to get delayed, If Britain fails to strike a deal and leave EU without one, then it would result in new trade barrier due to which Britain would have to incur substantial losses.

-Wall Streets major indexes hit highs as strong earnings from Bank of America Corp and Goldman Sachs Group and a report publishing that the United States was considering lifting tariffs on Chinese imports lifted investor sentiment. Asian shares also crept higher.

Movers & Shakers

Shares of Dr. Lal path lab jumped more than 5 percent in a week as The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the Government's announcement of according 'industry status' to private hospitals, along with support for land acquisition, clearances and funding, to boost expansion of healthcare infrastructure in tier 2 and 3 cities. Dr. Lal PathLabs Ltd said, "The key to engaging more private healthcare organizations will be a viable model for their sustainability. The new hospitals which will be mandated to impanel under PMJAY should be allowed to charge other patients who can afford to pay as per market rates, as the current PMJAY package rates may not be sustainable to set up and run operations in such locations".

Shares of the Avenue Supermarts plunged more than 12 percent in a week after its profit for the December quarter came in flat as against a growth of 10-18 percent as expected by analysts. The operator of the D-Mart chain of stores reported a 2.1 percent year-on-year (YoY) rise in profit after tax (PAT) at Rs 257 crore for the December quarter. It had reported Rs 252 crore profit in the year-ago quarter. The flat growth in profit was mainly due to gross margin reduction on account of price cuts, the food and grocery retailer told the BSE

Key Market Drivers

  • India Industrial Production YoY reported lower than expected stood at 0.5 %, Expected 4.1%.
  • December WPI inflation at 3.8 percent versus 4.64 percent, MoM, and 3.58 percent YoY.
  • The finance ministry and the Reserve Bank of India are expected to soon suggest some relaxation in the prompt corrective action (PCA) framework for stressed banks.
  • China indicating more prompt measures to soften the blow from an ongoing tariff war with the United States, A relief in trade-sensitive tech, mining, and car stocks as some results also impressed
  • India's merchandise trade deficit was at a 10-month low of $13.08 billion in December as compared with $16.7 billion in November. The deficit was $14.20 billion in December 2017.
  • British lawmakers defeated Prime Minister Theresa Mays deal on withdrawing from the European Union, prompt political chaos that could lead to a disorderly exit from the EU or even to a U-turn of the 2016 decision to leave.
  • Sebi may soon tighten norms for liquid funds, the most popular mutual fund product among institutional investors with average assets under management of over Rs 6 lakh crore. Some of the proposals that the capital market regulator is considering for liquid schemes are mandatory minimum investments in short-term government bonds and stricter valuation norms.
  • U.K. Consumer Price Index (CPI) YoY reported 2.1%.
  • The government on January 16 eased the procedure for seeking income tax exemption by startups on investments from angel funds and prescribed a 45-day deadline for a decision on such application
  • Markets regulator Sebi has decided to allow mutual funds to write call options subject to certain conditions. Sebi said mutual fund schemes (except Index Funds and ETFs) can write call options only under a covered call strategy for constituent stocks of Nifty 50 and Sensex indices.
  • The Reserve Bank of India relaxed offshore borrowing rules for companies and financial institutions on Wednesday, a move that is likely to boost the rupee exchange rate. Indian borrowers can now raise funds from offshore markets for at least three years without any ceiling on the amount.
  • China's Vice Premier and top trade negotiator Liu He will travel to the US on January 30-31 to hold crucial high-level talks as the world's two largest economies are holding negotiations to resolve their bitter trade dispute ahead of a March 2 deadline.

Event Watch

  • China Industrial Production YoY
  • Bank of Japan Press Conference
  • Germany Manufacturing Purchasing Managers Index (PMI)
  • U.S. Manufacturing Purchasing Managers Index (PMI)
  • Trade talks between US-China.
  • UK Brexit.
  • Oil & Rupee price.
  • Result to watch: Kotak Mahindra Bank.

Stocks To Watch

LUPIN & BIOCON is on the upside while SUNPHARMA is on the downside.

Share Market News 17-January-2019


Market Ends On A Flat Note Ahead of RIL Results.

Indian Equity benchmarks Indices started the day on a positive note, with the Nifty was trading above 10,900 level. The Sensex was up 137.17 points at 36458.46, while Nifty up by 36.40 points at 10926.70. All the sector compiled by NSE advanced led by the Pharma Index's 0.47 % gain. The market breadth was inclined in the favor of buyers. The Midcap index was up 0.35 percent.

In the afternoon session, Indian equity benchmarks were trading higher. The BSE Sensex rose by 0.26 percent or 96.18 points to 36417.47 and the NSE Nifty 50 Index was up by 0.26 percent or 28.50 points to 10,918.80. Among sector Media, PSU Bank was trading in red, While, reality, IT, energy was in green. The NSE mid-cap was up by 0.25% and smallcap indices were trading higher by 0.06%, respectively.

In the last hour of trade, Indian equity benchmarks decline, Nifty was trading at 10870. Indian equity benchmarks rose for the third day in a row, The Sensex was up 52.79 points at 36374.08, while Nifty was up 14.90 points at 10,905.20. Among the sector pharma and PSU bank stocks were under pressure, while some buying was seen in the IT stocks. The NSE mid-cap was up by 0.28 % and smallcap indices were trading higher by 0.23%, respectively

Top Gainers

GAIL by 2.23% to Rs 332.75. , BPCL by 1.99% to Rs 354.75, INFRATEL by 1.78% to Rs 280.75., AXISBANK by 1.64% to Rs 674.90., HCLTECH by 1.55% to Rs 952.80.

Top Losers

SUNPHARMA By -6.61% to Rs 423.80, YESBANK by -3.70% to Rs 200.65, ZEEL by -2.50% to Rs 440.80,EICHERMOT by -1.93% to Rs.20,335.00, SBIN by -1.90% to Rs.297.40.

Analysis Of Top Gainer And Loser

GAIL is the top gainer in today's market, As Bhuwan Chandra Tripathi, Chief Managing Director (CMD) is likely to get his tenure extended as the Chairman of state-run GAIL after his second five-year term ends in July this year. Oil Minister Dharmendra Pradhan has backed increasing Tripathis term until his retirement, which is due in January 2020.

SUNPHARMA is the top loser in today's market, The company has witnessed heavy dumping in stock in last one and a half - two hours.

Key Market News

  • Foreign portfolio investors (FPIs) sold Rs 90 crore worth of domestic stocks on Wednesday, DIIs were net buyers to the tune of Rs 304 crore.
  • US oil prices inched down on Thursday, with traders worried about the strength of demand in the United States after gasoline stockpiles there grew last week by far more than analysts had expected.
  • The government on January 16 eased the procedure for seeking income tax exemption by startups on investments from angel funds and prescribed a 45-day deadline for a decision on such applications.
  • Markets regulator Sebi has decided to allow mutual funds to write call options subject to certain conditions. Sebi said mutual fund schemes (except Index Funds and ETFs) can write call options only under a covered call strategy for constituent stocks of Nifty 50 and Sensex indices.
  • The Reserve Bank of India relaxed offshore borrowing rules for companies and financial institutions on Wednesday, a move that is likely to boost the rupee exchange rate. Indian borrowers can now raise funds from offshore markets for at least three years without any ceiling on the amount.
  • U.S. Crude Oil Inventories reported -2.683M.

Stocks To Watch

M&M is on the upside while SBIN is on the downside.

M&M is currently quoting at Rs.734.50 up by Rs 8.25 or 1.14% from its previous closing of Rs.726.25 on the NSE. The scrip opened at Rs.729.00 & has touched a high & low of Rs.740.00 and Rs.727.95 respectively. So far 33,18,430(NSE) shares were traded on the counter. The current market cap of the company is Rs 91,281.41Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 993.00 on 29-AUG-2018 & a 52 week low of Rs.694.00 on 11-DEC-2018.

SBIN is currently quoting at Rs.297.40 down by Rs.-5.75 or -1.90% from its previous closing of Rs.303.15 on the NSE. The scrip opened at Rs.303.90 & has touched a high & low of Rs.304.35 and Rs.295.60 respectively. So far 1,59,74,634(NSE) shares were traded on the counter. The current market cap of the company is Rs.2,65,372.61r. The BSE/NSE group stock has touched a 52 week high of Rs 332.75 on 25-JAN-2018 & a 52 week low of Rs 232.35 on 23-MAR-2018.

Share Market News 16-January-2019

Sensex, Nifty End On A Flat Note; IT, Energy Stocks Gain

Indian equity benchmarks extended gains for the second day. Nifty reclaiming 10,900. The Sensex is up 72.82 points or 0.20% at 36391.15, and the Nifty up 22.90 points or 0.21% at 10909.70. Except for pharma, all other sectoral indices are trading in the green, led by the Media Index. The market breadth was inclining in favor of buyers. The Nifty Midcap index was up to one-fifth of a percent.

In the afternoon session, Indian equity benchmarks were trading higher. The BSE Sensex rose by 0.21 percent or 74.55 points to 36392.88 and the NSE Nifty 50 Index was up by 0.20 percent or 21.75 points to 10,908.55. Among sector Metal, FMCG, Auto were trading in red, While PSU bank, energy, infra was in green. the NSE midcap was up by 0.28 % and smallcap indices were trading higher by 0.38%, respectively.

In the last hour of trade, Nifty was trading at 10880 Mark. Equity Benchmark indices ended the volatile day on a flat note, The Sensex was up 2.96 points at 36321.29, while Nifty was up 3.50 points at 10890.30. Among sector compiled by NSE ended higher led by energy, IT. While NSE Fast Moving Consumer Goods Index was the top loser. The small-cap stocks outperformed their larger peers as the S&P BSE SmallCap Index rose 0.14 percent.

Top Gainers

IBULHSGFIN by 2.66% to Rs 830.40. , YESBANK by 2.36% to Rs 207.80, WIPRO by 2.18% to Rs 337.00., INDUSINDBK by 1.99 % to Rs 1,524.90., BPCL by 1.58% to Rs 347.10.

Top Losers

JSWSTEEL By -1.97% to Rs 286.35, BHARIARTL by -1.57% to Rs 332.45, BAJFINANCE by -1.50% to Rs 2,565.05,UPL by -1.43% to Rs.764.85, ASIANPAINT by -1.28% to Rs.1,388.00.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market, AS The Reserve Bank of India (RBI) on Tuesday said it would inject Rs 10,000 crore into the system through the purchase of government securities on January 17 to increase liquidity. The purchase will be made through open market operations (OMOs).

JSWSTEEL is the top loser in today's market, As JSW Steel is unlikely to bid for Uttam Value Steels and Uttam Galva Metaliks.

Key Market News

  • India's merchandise trade deficit was at a 10-month low of $13.08 billion in December as compared with $16.7 billion in November. The deficit was $14.20 billion in December 2017.
  • Merchandise exports growth was flat at $27.93 billion in December, up 0.34 percent on-year, mainly due to negative growth in gems and jewelry and engineering products.
  • The Reserve Bank of India (RBI) on Tuesday said it would inject Rs 10,000 crore into the system through the purchase of government securities on January 17 to increase liquidity. The purchase will be made through open market operations (OMOs).
  • British lawmakers defeated Prime Minister Theresa Mays deal on withdrawing from the European Union, prompt political chaos that could lead to a disorderly exit from the EU or even to a U-turn of the 2016 decision to leave.
  • Sebi may soon tighten norms for liquid funds, the most popular mutual fund product among institutional investors with average assets under management of over Rs 6 lakh crore. Some of the proposals that the capital market regulator is considering for liquid schemes are mandatory minimum investments in short-term government bonds and stricter valuation norms.
  • Foreign portfolio investors (FPIs) bought Rs 159.60 crore worth of domestic stocks on Monday, DIIs were net buyers to the tune of Rs 417.44 crore.
  • U.K. Consumer Price Index (CPI) YoY reported 2.1%.
  • RESULT UPDTAE : - Zee Entertainment (YoY)

    - Revenue up 18 percent at Rs 2,167 crore.

    - Net profit up 51 percent at Rs 563 crore.

    - Ebitda up 27 percent at Rs 753 crore.

    - Margin at 34.8 percent versus 32.3 percent.

Stocks To Watch

LUPIN is on the upside while JSW STEEL is on the downside.

LUPIN is currently quoting at Rs.860.50 up by Rs 10.80 or 1.27% from its previous closing of Rs.849.70 on the NSE. The scrip opened at Rs.850.40 & has touched a high & low of Rs.865.50 and Rs.854.10 respectively. So far 16,81,504(NSE) shares were traded on the counter. The current market cap of the company is Rs 39,022.23Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 986.10 on 10-SEP-2018 & a 52 week low of Rs.723.65 on 15-MAY-2018.

JSW STEEL is currently quoting at Rs.286.35 down by Rs.-5.75 or -1.97% from its previous closing of Rs.292.10 on the NSE. The scrip opened at Rs.292.05 & has touched a high & low of Rs.293.25 and Rs.285.35 respectively. So far 37,52,037(NSE) shares were traded on the counter. The current market cap of the company is Rs.69,374.23Cr. The BSE/NSE group stock has touched a 52 week high of Rs 427.55 on 21-SEP-2018 & a 52 week low of Rs 265.60 on 06-FEB-2018.

Share Market News 15-January-2019

Hopes of Rate Cut Brings Bulls Back to the markets, Nifty climbs to 10,850

Indian equity benchmarks gained in the opening session today after declining for three consecutive days. The Sensex was up 98.98 points or 0.28% at 35952.54, and the Nifty down 53.80 points or 0.50% at 10683.80. The market breadth was inclining in favor of buyers. About 939 stocks advanced and 466 shares declined on the National Stock Exchange. All the sector compiled by NSE surged, led by the NSE Nifty Media Indexs 0.77 percent gain.

In the afternoon session, Indian equity benchmarks were trading higher. The BSE Sensex surge by 1.13 percent or 406.79 points to 36260.35 and the NSE Nifty 50 Index was up by 1.13 percent or 120.85 points to 10,858.45. All sectorial gauge was trading in the green lead by IT up by 2.77%, followed by Reality, energy & media. the NSE midcap was up by 0.70 % and smallcap indices were trading higher by 0.98%, respectively.

In the last hour of trade, Indian equity benchmarks continued to trade higher, Nifty was trading at 10850 Mark. Indian equity benchmarks surged on rate cut hopes after inflation cooled down to the lowest level, the Sensex was up 464.77 points or 1.30% at 36318.33, while the Nifty was higher by 149.20 points or 1.39% at 10886.80. All sector indices ended in the green, with maximum buying visible among IT and energy names, while metals and banks, too, closed with highest gains. The BSE midcap and smallcap indices were up by 0.67% and 1.13%, respectively.

Top Gainers

WIPRO by 5.49% to Rs 329.70. , YESBANK by 4.07% to Rs 203.30, TECHMAHINDRA by 3.85% to Rs 706.00., INFOSYS by 3.76 % to Rs 728.30., RELIANCE by 3.11% to Rs 1,130.95.

Top Losers

MARUTI By -0.81% to Rs 7,349.00,POWERGRID by -0.10% to Rs 192.30, ICICIBANK by -0.09% to Rs 373.00,INFRATEL by -0.04% to Rs.280.00.

Analysis Of Top Gainer And Loser

WIPRO is the top gainer in today's market, Shares of the Bengaluru-based information technology company rose as much as 6 %. A company is considering a proposal to issue bonus shares, the second such by the software services provider in the last two years.

MARUTI is the top loser in today's market, As the company witnessed lack of buying interest as compared with overall market.

Key Market News

  • Foreign portfolio investors (FPIs) sold Rs 732.46 crore worth of domestic stocks on Monday, While DIIs were net buyers to the tune of Rs 527.49 crore.
  • The rupee Monday plunged by 43 paise to close at nearly one-month low of 70.92 amid weak industrial output growth data, fall in domestic equities and sustained foreign fund outflows.
  • Brexit deal vote tomorrow: UK Prime Minister Theresa May must win a vote in Parliament to get her Brexit deal approved, or risk seeing Britains exit from the European Union decline into chaos.
  • Index of Industrial Production slumped to a mere 0.5% in the month of November after a high of 8.1 in the preceding month. Consumer Price Index, on the other hand, eased for a 6th straight month to 2.19% from a high of 5% in June.
  • China indicating more prompt measures to soften the blow from an ongoing tariff war with the United States, A relief in trade-sensitive tech, mining, and car stocks as some results also impressed.

Stocks To Watch

AUROPHARMA is on the upside while DISH TV is on the downside.

AUROPHARMA is currently quoting at Rs.786.55 up by Rs 16.35 or 2.12% from its previous closing of Rs.770.20 on the NSE. The scrip opened at Rs.774.00 & has touched a high & low of Rs.788.95 and Rs.771.10 respectively. So far 18,84,570(NSE) shares were traded on the counter. The current market cap of the company is Rs 46,008.39Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 830.45 on 04-DEC-2018 & a 52 week low of Rs.527.00 on 04-JUN-2018.

DISH TV is currently quoting at Rs.39.95 down by Rs.-1.70 or -4.52% from its previous closing of Rs.37.65 on the NSE. The scrip opened at Rs.37.65 & has touched a high & low of Rs.38.00 and Rs.35.65 respectively. So far 1,27,00,641(NSE) shares were traded on the counter. The current market cap of the company is Rs.6,637.72Cr. The BSE/NSE group stock has touched a 52 week high of Rs 82.35 on 12-APR-2018 & a 52 week low of Rs 32.20 on 10-DEC-2018.

Share Market News 14-January-2019


Sensex Ends 156 Points Lower; Nifty Settles Below 10,750.

Equity Benchmark indices were opened on a lower note The Nifty is trading around 10,750. The Sensex is down 139.52 points or 0.39% at 35870.32, and the Nifty down 44.20 points or 0.41% at 10750.80. The market breadth was inclining in favor of sellers. About 850 stocks declined and 574 shares advanced on the National Stock Exchange.except for pharma, all other sector indices were trading in red, with selling visible among banks, auto, consumption, and infra sectors.

In the afternoon session, Indian equity benchmarks were trading lower. The BSE Sensex down by 0.68 percent or 243.45 points to 35,766.39 and the NSE Nifty 50 Index declined by 0.73 percent or 78.75 points to 10,716.20. except for pharma, all other sector indices were trading in red, with maximum pain visible among banks, metal, and infra sectors. The broader markets, the NSE midcap was down by 0.71 % and smallcap indices were trading lower by 0.50%, respectively.

In the last hour of trade, Nifty was hovering around 10720 Mark. Indian equity benchmarks ended negative, the Sensex was down 156.28 points or 0.43% at 35853.56, and the Nifty down 57.40 points or 0.53% at 10737.60. Among sectors compiled by BSE ended lower led by Capital Goods Index's 1.93 percent decline. While, Healthcare Index was the top gainer, up 0.38 percent. The BSE midcap and smallcap indices fell 0.44 % and 0.5%, respectively.

Top Gainers

YESBANK by 5.83% to Rs 195.00. , INFY by 2.60% to Rs 701.30, SUNPHARMA by 1.60% to Rs 451.50., BAJFINANCE by 1.46 % to Rs 2,551.00., MARUTI by 1.43% to Rs 7,425.00.

Top Losers

WIPRO By -4.93% to Rs 312.50,GAIL by -3.96% to Rs 325.20, IBULHSGFIN by -3.27% to Rs 789.45 ,TECHM by -2.77% to Rs.679.85 ,LT by -2.56% to Rs.1,334.50.

Analysis Of Top Gainer And Loser

YES Bank is the top gainer in today's market, Shares of YES Bank surged nearly 5 percent on Monday as the bank appointed Brahm Dutt as its non-executive chairman. Dutt been on the board of the bank since July 2013 as an independent director and has contributed to almost all the sub-committees of the board over the past 5 years and a half

WIPRO is the top loser in today's market, company witnesses a selling pressure, surged nearly 5% in a day.

Key Market News

  • India Industrial Production YoY reported lower than expected stood at 0.5 %, Expected 4.1%.
  • December WPI inflation at 3.8 percent versus 4.64 percent, MoM, and 3.58 percent YoY.
  • U.S. Core Consumer Price Index (CPI) MoM reported 0.2%.
  • Foreign portfolio investors (FPIs) sold Rs 687.20 crore worth of domestic stocks, While DIIs were net buyers to the tune of Rs 123.17 crore
  • The finance ministry and the Reserve Bank of India are expected to soon suggest some relaxation in the prompt corrective action (PCA) framework for stressed banks.

Stocks To Watch

MINDTREE is on the upside while WIPRO is on the downside.

MINDTREE is currently quoting at Rs.853.30 up by Rs 21.30 or 2.56% from its previous closing of Rs.832.00 on the NSE. The scrip opened at Rs.838.00 & has touched a high & low of Rs.857.85 and Rs.830.00 respectively. So far 23,09,396(NSE) shares were traded on the counter. The current market cap of the company is Rs 13,982.83Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 1,183.80 on 11-SEP-2018 & a 52 week low of Rs.615.00 on 17-JAN-2018.

WIPRO is currently quoting at Rs.312.50 down by Rs.-16.20 or -4.93% from its previous closing of Rs.328.70 on the NSE. The scrip opened at Rs.330.05 & has touched a high & low of Rs.331.10 and Rs.311.35 respectively. So far 69,13,323(NSE) shares were traded on the counter. The current market cap of the company is Rs.1,41,791.57Cr. The BSE/NSE group stock has touched a 52 week high of Rs 343.95 on 13-DEC-2018 & a 52 week low of Rs 253.50 on 06-JUN-2018.

To Read Our Latest Share Market Analysis, Nifty & Sensex updates CLICK HERE...

SUBSCRIBE TO OUR NEWSLETTER

Join Our Nvestor community and get investing insight, stock tips, news & analysis directly deliver to your mailbox.

 

ABOUT AUTHOR

Niveza Editorial Desk : We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While tracking the mood swings of the market we bring our clients the most rewarding deals.

LEAVE A COMMENT

RECOMMENDED READING

Time To Go For Value Over Momentum, Market To Remain Rangebound

Our Analysis Indian share market since the budget announcement has been in the trap of the bears, albeit the budget was more convincing for long term vision rather than a short term act
Read More>>

Share Market News: Today’s Nifty & Sensex Updates

Share Market News 11-July-2019
Read More>>

A Series Of Macro-Events To Guide Nifty, Either 12000+ or 11500

Our Analysis Once again bouncing from the 50-EMA, the benchmark indices posted a decent gain on the derivatives expiry week. However, the Jun series was seen a 'time-wise correction' a
Read More>>

Tiding Volatility Patiently Could Lead To Higher Returns

Our Analysis This week market witnessed a bidirectional run where bears dominated most of the trading sessions. Lofty market valuations, substandard monsoon expectations, NBFC’s liquidi
Read More>>