*Review & Preview @4PM —— Monday, September 23rd 2024* NIFTY (+148, 25939) Sensex (+384, 84929) Bank Nifty (+313, 54106) Fed’s Momentous Jumbo Rate Cut Move Takes Nifty Closer to its Psychological 26,000 Goal-post. Nifty’s Record All-Time-High Now @ 25956. Bank Nifty’s New All-Time-High @54198. The Good News: Nifty Mid-cap and Small-Cap indices outperformer benchmark Nifty. […]
*Morning Action @ 7 AM – Monday, September 23rd 2024* # In early action, Gift Nifty is aiming hard to take over the positive baton from last week’s strong close in the backdrop of Federal Reserve’s jumbo-sized rate cut. Meanwhile, PM Modi attended tech CEOs roundtable in New York with the CEOs of leading American
# All bullish eyes will now aim at Nifty 26,000 mark Read More »
The Week That Was @ 9:00 AM – Saturday, September 21st 2024 September 16th to September 20th 2024. Nifty Bulls Must Be Simply Blushing… …as the rush of ‘Emotional Buying’ transformed into ‘Momentum Buying’ which moved further towards ‘Buying Stampede’ and then the ‘Raging Bull’ market rockets Nifty to fresh all-time-high at 25849.25 mark. The
The dramatic rally should lift Nifty above the key historic 26,000 milestone. Read More »
Review & Preview @4PM —— Friday, September 20th 2024 NIFTY (+375, 25791) Sensex (+1360, 84544) Bank Nifty (+755, 53793) Bulls Party at D-Street as Investors Celebrate Fed’s Jumbo Rate Cut. Investors delighted after S&P Global says India to be the 3rd -largest economy by 2030-31, with an expected annual growth rate of 6.7%. # Buzzing
Bulls Party at D-Street as Investors Celebrate Fed’s Jumbo Rate Cut. Read More »
*Morning Action @ 7 AM – Friday, September 20th 2024* # Overnight, the Dow Jones and the S&P 500 hit new record highs. # As of writing, Gift Nifty too is jumping out of the gate indicating the benchmark Nifty shall scale new record highs after a higher open. # It looks like that Nifty
# The Good News: Nifty is likely to roar towards new records highs. Read More »
Review & Preview @4PM —— Thursday, September 19th 2024 NIFTY (+38, 25416) Sensex (+237, 83185) Bank Nifty (+287, 53038) Nifty logs fresh record all-time-high@ 25611.95 led by gains in NTPC, Titan, and Nestle India. Nifty Mid-cap and Small-cap indices fail to capitalize on jumbo 50 basis points Fed rate cut, down 0.45% and 1.07% respectively.
*Morning Action @ 7 AM – Thursday, September 19th 2024* # As of writing, Gift Nifty, Dow futures and Asian stock markets are comfortably in the green as investors react and assess the Federal Reserve’s decision to cut rates by 50 basis points, an aggressive start to its easing campaign and the first-rate reduction in
# The Numbers are in and the verdict is out… Read More »
*Closing Bell —— Wednesday, September 18th 2024* *Review & Preview @4PM —— Wednesday, September 18th 2024* NIFTY (-41, 25377) Sensex (-131, 82948) Bank Nifty (+562, 52750) Nifty pulls back down ahead of the FOMC meeting outcome as uncertainty swirls over the magnitude of the upcoming Federal Reserve rate cut. Nifty IT Index tumbles 3%. According
*Morning Action @ 7 AM – Wednesday, September 18th 2024* # In early action, Gift Nifty is seen wavering indicating Nifty may spend the day searching for direction. # That’s in-line with our call of the day which suggests bullish sentiments will struggle to get off the mat as uncertainty swirls over the magnitude of
Nifty will aim to hit new record high with Fed rate cut on the horizon Read More »
*Review & Preview @4PM —— Tuesday, September 17th 2024* NIFTY (+35, 25419) Sensex (+91, 83080) Bank Nifty (+36, 52189) Up again for benchmark Nifty on buzz that the Federal Reserve’s rate cut is coming this Wednesday, September 18th. Bullish traders now spy with one big eye if Fed favours with a 50-basis-point rate cut.
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