*The Week That Was @ 7:30 AM – Saturday, October 19th 2024* October 14th to October 18th 2024. # Amidst turbulence and rocky environment, Nifty ended lower for the 3rd straight week. # Strictly speaking, the bears were back with a vengeance and the negative takeaway was that the bears are not only back in […]
Sun setting down near Dalal Street somewhere? Read More »
Review & Preview @4PM —— Friday, October 18th 2024 NIFTY (+104, 24854) Sensex (+218, 81225) Bank Nifty (+805, 52094) # Nifty witnesses a roller-coaster session, with bears in command in morning session and then bulls take the charge… At the end, all is well as long as the strength does not peter outs to be
All is well as long as the strength does not peter outs to be a dead cat… Read More »
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.*
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