Review & Preview @4PM —— Thursday, October 17th 2024 NIFTY (-221, 24750) Sensex (-495, 81007) Bank Nifty (-512, 51289) Panic attack grips Dalal Street amidst 5-key negative catalysts: 1) Persistent FIIs selling (This October month, FIIs have pulled out over Rs 63,900 crore from Indian equities). 2) Uninspiring corporate India’s Q2 earnings. 3) Uncertainty over […]
Panic attack grips Dalal Street… Read More »
*Morning Action @ 7 AM – Thursday, October 17th 2024* # In early action, Gift Nifty is seen struggling to keep its head above water despite a strong session witnessed by Wall Street in Wednesday’s session. Dow Jones scaled new record high. # Wall Street investors were still cautiously navigating the earnings season and gearing
*Review & Preview @4PM —— Wednesday, October 16th 2024* NIFTY (-86, 24971) Sensex (-319, 81501) Bank Nifty (-105, 51801) Nifty slips below 25000 mark. Risk-on sentiment falters on 1) Persistent FIIs selling. 2) Uninspiring corporate India’s Q2 earnings. 3) Uncertainty over the Middle East conflict. 4) China concerns. # Buzzing stocks: 1) RailTel jumps 6.7%
Nifty slips below 25000 mark. Read More »
*Morning Action @ 7 AM – Wednesday, October 16th 2024* # Gift Nifty seen running into a wall of worries this Wednesday and also blame the caution on backdrop of foreign investors who turned net sellers in October, to the tune of Rs 63,900 crore so far. # There was little in the way of
Nifty seen running into a wall of worries… Read More »
*Review & Preview @4PM —— Tuesday, October 15th 2024* NIFTY (-71, 25057) Sensex (-153, 81820) Bank Nifty (+89, 51906) Nifty trades fragile after a positive start. Lack of follow-through buying blamed as all anxious eyes turn to announcement of Maharashtra and Jharkhand election dates. Reliance shares fall 2% after soft Q2 results. # Buzzing stocks:
Nifty trades fragile after a positive start. Read More »
*Morning Action @ 7 AM – Tuesday, October 15th 2024* # Gift Nifty powers higher this Tuesday, boosted by strong overnight gains at Wall Street where the Dow Jones, the S&P 500 score fresh record close. # *The trading theme revolves around rising optimism over corporate profits.* *7:00 AM GLOBAL UPDATE:* # GIFT Nifty 🇮🇳:
The running of Nifty bulls shall continue…. Read More »
*Review & Preview @4PM —— Monday, October 14th 2024* NIFTY (+164, 25128) Sensex (+592, 81973) Bank Nifty (+645, 51817) # Nifty clings to gains, as bulls regain mojo post last week’s short-term minor correction as macros remain favorable. Nifty Reality, IT and Bank Nifty star outperformers, up around 1.4% each. # Buzzing stocks: 1) Banking
Nifty clings to gains, as bulls regain mojo on consensus that macros remain favorable. Read More »
*Morning Action @ 7 AM – Monday, October 14th 2024* # Gift Nifty is seen trading cautiously higher after Wall Street enjoyed strong session in Friday’s trade. # *The trading theme revolves around the upcoming US presidential election, uncertainty about the pace of Federal Reserve rate cuts and escalating geopolitical risks in the Middle East.*
*The Week That Was @ 7:30 AM – Saturday, October 12th 2024* October 7th to October 11th 2024. In was an uninspiring week for benchmark Nifty as investors stayed on sidelines despite Wall Street scaling new record highs. The Good News: Nifty’s directional trend remains bullish as the investing theme revolves around the US economy
*Review & Preview @4PM —— Friday, October 11th 2024* NIFTY (-34, 24964) Sensex (-230, 81381) Bank Nifty (-359, 51172) The way Nifty moved in today’s session would have put a tortoise to shame. And you could also compare the market’s range with that of a porcupine’s spines. Yep, absolutely listless. The Good News: The directional
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