Stock Market Updates: Recent Episodes
HDFC Securities
The S&P 500 and Nasdaq closed lower on Thursday. Stocks retreated after a rally to all-time highs prompted calls for a near-term pullback amid signs of buyer fatigue.Economic data released on June 20 indicated that unemployment in the US continues to rise. The Labor Department reported that fillings for jobless benefits reached 238,000 for the week ended June 15, up 5,500 from the previous week. This is the highest level since September 2023.The Bank of England kept interest rates unchanged at 5.25 percent, which came in line with the market’s expectations. Traders are betting the Bank of England will cut rates in August after dovish signals from policymakers. The Union Cabinet has approved an increase in the Minimum Support Prices for 14 crops for the upcoming Kharif season.Asian stocks fell after US shares closed lower overnight.Private equity firm Olympus is looking to offload 5 percent via a block deal of around US$ 100 million in Aster DM Healthcare.Sula Vineyards aims for double-digit growth aided by premiumisation shift SEBI its interim order barring JM Financial from acting as a lead manager for any new public issue of debt securitiesNifty recovered from previous day’s fall and ended higher in a volatile session on June 20. At close, Nifty was up 0.22% or 51 points at 23,567. Nifty could now stay in the 23,413-23,664 band for the near term. Indian markets could open flat to mildly lower, in line with mostly negative Asian markets today and negative US markets on June 20
European stocks and US equity futures paused Wednesday as traders looked for fresh catalysts to extend the latest tech-driven gains. Financial markets in the U.S. were closed Wednesday on account of Juneteenth Day.China left benchmark lending rates unchanged at a monthly fixing on Thursday, in line with market expectations. Asian shares were muted following a rally in the previous session as investors sought new triggers after a holiday in the US.Sun Pharmaceutical Industries Ltd. received Warning Letter from US FDA for its Dadra facility.Asia Opportunities Fund and General Atlantic are likely to sell a combined 4.2% stake in PNB Housing FinanceMAS Financial Services Ltd is launching a qualified institutional placement (QIP) worth Rs 400 croreNifty gave up early gains to end minorly in the negative after a volatile session on June 19. At close, Nifty was down 0.18% or 41.9 points at 23516. Nifty could stay in the 23290-23664 band for the near term.Indian markets could open flat to mildly higher, in line with mildly positive Asian markets today
U.S. stocks finished higher on Tuesday as the S&P 500 and the Nasdaq Composite posted fresh records ahead of the Juneteenth holiday on Wednesday. Nvidia Corp.'s stock surged 3.5%, with the company reaching a valuation of nearly $3.34 trillion. The AI chipmaker was the most valuable U.S. company by market capitalization as of Tuesday afternoon, overtaking megacap tech players Microsoft Corp. and Apple Inc. Fitch Ratings revised India's growth forecast for the ongoing financial year from 7% projected in March to 7.2%. In its latest global economic outlook report released on Tuesday, the agency attributed this upward revision to elevated consumer confidence boosting spending levels and a rise in investments across sectors.Asian equities rose Wednesday after a rise in chipmakers drove US stocks to yet another record-breaking session on Wall Street.Coal India exploring lithium assets in Argentina with U.S. companyAmi Organics launches QIP with floor price of Rs 1,228, aims to raise Rs 500 crore.Radico Khaitan to launch Rampur Asava Indian Single Malt Whisky in IndiaNifty saw another day of records as it extended gains to the fourth session on June 18. At close, Nifty was up 0.39% or 92.3 points at 23557.9. Nifty is yet to show any reversal signal. Nifty could stay in the 23334-23690 band for the near term.Indian markets could open higher, in line with mostly positive Asian markets today and higher US markets on June 18
The S&P 500 and Nasdaq scored record closing highs on Monday as technology shares rallied on enthusiasm over artificial intelligence ahead of this week's economic data and Federal Reserve officials' speeches that could shed light on monetary policy. Crude oil prices surged nearly $2 a barrel on Monday to their highest settlement levels in over a month, adding to last week's gains as investors grew more optimistic on the demand outlook. The country’s largest lender State Bank of India (SBI) has raised its marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers.The Indian government has cut the windfall tax on petroleum crude to Rs.3,250 per metric ton from Rs.5,200, effective June 15.Asian stocks gained on Tuesday after a rally in several large technology companies drove US stocks to another record high and ahead of a chorus of Federal Reserve officials due to speak later in the day. BHEL secures Rs 7,000 crore orders from Adani Power for two power plantsAlembic Pharma received final approval for Icatibant Injection,Coromandel International to develop soil test based nutrient advisory for farmers of MaharashtraNifty ended at a fresh closing high in the last session of the eventful week on June 14. At close, Nifty was up 0.29% or 66.7 points at 23465.6. Nifty formed a long legged doji on daily charts on June 14 suggesting possibility of a reversal. A move above 23490 could nullify the bearish indication on daily charts. We think Nifty could stay in the 23290-23695 band for the near term with a mild bullish bias.Indian markets could open higher, in line with mostly positive Asian markets today and higher US markets on June 17.
U.S. stocks closed mostly higher on Wednesday, helped by a softer-than-expected consumer-price index reading and signs that the US Fed could start to cut interest rates this year. The US Fed acknowledged modest further progress toward the Committee’s 2 percent inflation objective. The committee, in its closely watched “dot plot” of individual participants’ rate expectations, did indicate a more aggressive cutting path in 2025, with four reductions totaling a full percentage point anticipated, up from three.The S&P 500 topped 5,400 for the first time in its history, with Wednesday marking the 20-month anniversary of the bull market.India's industrial output growth slowed to 5 percent in April from 5.4 percent in March. The IIP growth rate in April 2023 was 4.6 percent.Asian markets rose on Thursday after the US Fed kept its benchmark federal rates unchanged for the seventh time, and as US inflation data came softer than anticipated.Nestle India will continue paying general licence fee, or royalty, at the existing rate of 4.5%, net of taxes, to Swiss parent Société des Produits Nestlé S.A.Brigade targets a total development value of Rs 13,000 crore from its Chennai residential portfolioManappuram Finance expects gold loan growth of 12-18% for FY25Nifty snapped a two-day fall and closed higher on June 12. At close, Nifty was up 0.25% or 58.1 points at 23322.9. Nifty touched another all-time high in the early part of the session on June12 but gave up most of the gains during the day. It could now stay in the 23206-23442 band for the near term. An upward breach of this band is likely in the near term.Indian markets could open higher, in line with mostly positive Asian markets today and mostly higher US markets on June 12
U.S. stocks finished mostly higher on Tuesday, helped by shares of Apple Inc. as the iPhone maker surged to a new record. Apple disclosed new artificial-intelligence features including an improved Siri virtual assistant Investors looked ahead to the release of the May consumer-price index and the Federal Reserve’s policy announcementChina’s May consumer inflation rate came in at 0.3%, missing expectations of 0.4% by economists polled by Reuters. The figure was unchanged from April.India’s May inflation rate is forecast to climb marginally to 4.89%, according to a poll of economists, slightly higher than April’s 4.83% increase.Asian stocks ignored a positive US session and opened lower as a double event of US inflation data and the Federal Reserve decision landing later in the day kept traders on edge.State Bank of has approved a plan for long-term fundraising of up to $3 billion.Tata Motors announced on Tuesday its plans to invest between Rs 16,000 crore and Rs 18,000 crore into its electric vehicle (EV) division until 2029.Blinkit, the quick commerce subsidiary of Zomato, is set to receive an infusion of Rs 300 crore in fresh capital from its parent company.Nifty erased all its gains in the last hour of the session on June 11 after making a top at 1345 Hrs and ended little changed from previous day’s close. At close, Nifty was up 5.7 points at 23264.9. Markets seem to be consolidating and Nifty could stay in the 23411-22930 band in this period.Indian markets could open flat, in line with mixed Asian markets today and mostly higher US markets on June 11
U.S. stocks ended higher on Monday, as investors await the Federal Reserve's policy meeting and new inflation data due later this week.Crude oil futures finished higher Monday, with U.S. benchmark prices up by 2.9% — the largest daily rise for a front-month contract since February.Asian stocks were mixed and muted Tuesday, following a quiet session on Wall Street as investors positioned for this week’s Federal Reserve decision and US inflation data.Gail India plans to set up a 1500 KTA ethane cracker project in Madhya Pradesh, with an investment of Rs 60,000 crore.KEC International Ltd. bagged multiple orders worth Rs 1,061 crore in various segments.Rahul Bhatia's promoter entity Interglobe Enterprises Private Ltd plans to sell stake worth $394 million in Indigo AirlinesNifty ended lower in a volatile session on June 10. At close, Nifty was down 0.13% or 30.9 points at 23259.2. Nifty made a fresh record high in the morning of June 10 but came under selling pressure on a day. A bout of mild profit taking seems due. Nifty could face resistance on the up at 23411, while 22930 and later 22643 could offer support. Indian markets could open flat to mildly higher, in line with mixed Asian markets today and higher US markets on June 10
Wall Street stocks ended slightly lower on Friday in volatile trading after stronger-than-expected U.S. jobs data pointed to a robust economy but provoked worries the Federal Reserve may wait longer to cut interest rates than many investors had hoped. The U.S. economy generated about 272,000 jobs in May, far more than the 185,000 analysts had forecast. The unemployment rate inched up to 4%. For the week, the S&P 500 gained 1.32%, Nasdaq rose 2.38%, and the Dow added 0.29%.Asian stocks fell on Monday as traders heavily cut back on bets for Federal Reserve rate cuts this year given a still-tight U.S. labour market, while a snap election call in France sparked wider political concerns. Australia, China, Hong Kong and Taiwan markets are closed for public holidays.RailTel Corporation secures Rs 81-cr order from National Informatics CentreTCS launches artificial intelligence platform to hasten GenAI adoptionBajaj Housing Finance, a subsidiary of Bajaj Finance, files IPO papers with SEBI; to raise Rs 7,000 croreNifty rose for the third consecutive session on Friday to close with the gains of 469 points to close at 23290.15 as the NDA government’s formation gets closer. Participants will watch the composition of the council of ministers in the new NDA Govt and the outcome of the US Fed meet on June 12 for further cues on the direction of the markets.One can maintain a bullish stance with a stop loss of 22780 level. Targets are 23800 – 24100 levels in the next few weeks. In case the Nifty fails to sustain above 22780 then it would be forming a triangle and it could spend a few week’s time in the band of 23338 to 21281.
Sensex and Nifty experienced their most significant single-day drop in four years. However, post this sudden downturn, the market has managed to rebound swiftly, almost reaching new highs once again, buoyed by BJP-led NDA's re-election and global optimism. The S&P BSE Sensex soared 3.69% and the NSE Nifty 50 jumped 3.37% over the week. The markets edged higher in 4 out of 5 trading sessions during the week.In the broader markets, BSE Midcap index was up 2.94% and the BSESmallcap index increased by 3.11% over the week. Market breadth was in favour of gainers with 7 shares advancing for every 5 losers.Average cash turnover on NSE was 38% higher compared to previous week. Among the sectoral indices IT gained 8.2%, FMCG was up 6.9%, Auto was up 6.8% Realty was up 4.8% and Consumer Durables was up 4.1%. On the downside Capital Goods lost 1.7%, PSU Banks fell 1.4% and Power declined 0.4%Among Nifty 100 stocks, M&M surged 14.0%, United Spirits was up 12.8%; Dabur gained 12.5%; Godrej Consumer added 12.4%; and Tech Mahindra rose 12.1%. On the downside, Adani Energy fell 9.2%; Adani Total Gas slipped 5.9%; Adani Enterprises was down 5.6%; Hindustan Aeronautics fell 4.6% and BPCL declined 4.5%. Nifty rose for the third consecutive session on Friday to close with the gains of 469 points to close at 23290.15 as NDA government's formation gets closer. One can maintain a bullish stance with the stoploss of 22780 level. Targets are 23800 - 24100 levels ib the next few weeks. In case the Nifty fails to sustain above 22780 then it would be forming a triangle and it could spend a few week's time in the band of 23338 to 21281.Participants will watch the composition of the council of ministers in the new NDA Govt and the outcome of the US Fed meet on June 12 for
Morning comments (HDFCSec Retail Research)All eyes on MPC Indian markets could open flat to mildly higher, in line with mixed Asian and US markets on June 06Stocks closed mixed Thursday, after the European Central Bank cut rates for the first time in five years and as investors looked ahead to Friday's monthly jobs report to help gauge the strength of the U.S. economy.Wall Street expects to see 190,000 new jobs in the May report, slightly up from April. The unemployment rate is expected to hold steady at a historically low 3.9%Any upside or downside surprise could prompt investors to reassess their outlook for Fed rate policy. Many analysts eye September as the most likely time frame for a rate cut, assuming inflation continues to ease.The European Central Bank cut rates for the first time since 2019. The move was expected but marks a significant change in the central bank's policy. Attention now turns to when the Federal Reserve will follow suit.Monetary Policy Committee is likely to maintain status quo on the Reserve Bank of India's key lending rate amid the continuing need to bring down inflation further, even as economic activity remains strong. All economists polled expect the MPC to hold the Reserve Bank of India's repo rate steady at 6.5%. This will be the first RBI policy after the Lok Sabha election results 2024. In corporate news, Wipro Ltd said it has been awarded a $500-million deal by a leading US communication service provider over a period of five years. Wipro shall provide managed services for some products and industry-specific solutions. RVNL had been awarded a contract worth Rs 495 crore by the NTPC. IRB Infrastructure Developers Ltd along with its associate announced a strong year-on-year toll revenue growth of 30% for May 2024.Nifty extended its recovery for a second consecutive session on June 06 after the steep fall witnessed on June 04. Broad market indices rose more than the Nifty even as the advance decline ratio rose. The intra day volatility is falling over the past two days. Nifty could now stay in the 22419-23180 band for the near term. RBI Governor’s commentary on inflation and future interest rate cut trajectory will drive the markets in the near term. Indian markets could open flat to mildly higher, in line with mixed Asian and US markets on June 06.
The S&P 500 and Nasdaq Composite ended at records Wednesday as Nvidia Corp.'s market capitalization touched the $3 trillion mark for the first time. Nvidia is now worth more than Apple, becoming the second-largest U.S. company behind only Microsoft. The rise came amid tentative optimism for interest rate cuts on signs of slowing labor demand and a cooling economy.US treasury yields continued their fall this week as rate-cut bets were boosted by data showing the economy created fewer than expected private sector jobs in May, with just 152,000 workers hired in the month, down from 188,000 in the prior month, and missing economists estimates of 173,000.Bank of Canada became the first Group of Seven central bank to kick off an easing cycle. The Bank of Canada has trimmed its key policy rate by 25 basis points to 4.75 percent, in a widely expected move that marked its first cut in four years, and said more easing was likely if inflation continued to ease.Asia-Pacific stocks rose on Thursday as hopes for rate cuts by the European Central Bank boosted market sentiment, while major indexes in the U.S. hit fresh highs overnight.BHEL secures Rs 3,500 crore order from Adani Power for Chhattisgarh thermal plant Indian Energy Exchange reports 28.9% jump in May 2024 volumesTorrent Pharma in pact with Takeda to commercialize acid reflux drugNifty erased some of the previous day's losses and ended higher on June 05 after the NDA allies pledged support for the alliance to form a government for the third term. At close, Nifty was up 3.36% or 735.9 points at 22620.4. Nifty now should consolidate after a sharp fall. Nifty could now head towards 22858 and 23180 on the upside while 22319 could offer support in the near term.
US stocks tossed between negative and positive territory on Tuesday, finishing narrowly in the green as investors shifted their rate-cut expectations after more weaker-than-expected economic data.US job openings fell in April to their lowest level since February 2021 (8.1 million, confounding economists' estimates for an increase to 8.37M) as the labor market shows further signs of rebalancing. China's services activity in May accelerated at the quickest pace in 10 months while staffing levels expanded for the first time since January, pointing to sustained recovery in the second quarter. The Caixin/S&P Global services purchasing managers' index (PMI) rose to 54.0 from 52.5 in April, expanding for the 17th straight month and growing at the fastest pace since July 2023. Asian markets traded with a mixed outlook on Wednesday following higher close of US indices on renewed expectations of rate cuts by the Federal Reserve due to a cooling US labour market.GPT Infraprojects received an order of Rs 547 croreTata Motors’ finance unit to merge with Tata CapitalShilpa Medicare filed Type IV DMF of recombinant Human Albumin 20%Nifty tumbled to log its worst session in over four years on June 04 as vote counts from the nation's marathon elections indicated that the incumbent Bharatiya Janata Party might be reliant on alliance partners to return to power for a third time. At close, Nifty was down 5.93% or 1379.4 points at 21884.5.Nifty crashed on June 04 as vote count suggested weaker than expected performance by the NDA. While clarity on the final outcome and formation of the new Govt could take some more time, Nifty could fluctuate between 21710 to 22417 in the near term.Indian markets could open flat to mildly higher, in line with mixed Asian markets today and higher US markets on June 04.
U.S. stocks closed mostly higher on Monday in a volatile day of trade following an early trading glitch on the New York Stock Exchange and as investors looked forward to a series of economic data due later this week, including the jobs report due Friday. The Dow recovered the bulk of its previous losses in the final hour of trade, while the S&P 500 turned positive. U.S. and global benchmark crude futures settled Monday at their lowest levels since February, pressured in the wake of a weekend decision by major oil producers that would lead to higher oil production later this year. July West Texas Intermediate crude fell $2.77, or 3.6%, to settle at $74.22 a barrel on the New York Mercantile Exchange. Asian stocks fell Tuesday morning after concerns about the health of the US economy outweighed expectations for early Federal Reserve policy easing.Welspun Corp associate company signs Rs 3,670 crore contracts with Aramco for steel pipe supplyAmber Enterprises may invest Rs 2,000 crore to set up printed circuit board facilityPNC Infratech subsidiary receives Rs 391 crore from NHAI in settlement agreementNifty logged its best session in over three years on June 03, as investors cheered exit polls, along with better-than-expected India Q4 GDP. At close, Nifty was up 3.25% or 733.2 at 23263.9. It made a new all-time high with large volumes based on the event and economic data. It could now rise towards 23490 in the near term while 23039 could offer support. Counting of votes and final election results could lead to some level of volatility, though lower than the previous session.Indian markets could open higher, in line with mixed Asian markets today and mostly higher US markets on June 03
India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on Saturday suggested his Bharatiya Janata Party-led alliance will clinch a decisive parliamentary majority. According to an exit poll summary by local news channel NDTV, the BJP-led National Democratic Alliance is expected to secure around 365 out of the 543 seats in the lower house of parliament. Asian stocks gained on Monday, as a softer reading of the US Federal Reserve’s preferred measure for inflation bolstered rate-cut hopes.Nifty formed a long legged doji on May 31 and broke the 5-day losing streak. It formed a sideways candle compared to the previous session. On weekly charts, Nifty fell 1.86%, while on monthly charts, Nifty ended May 0.33% lower forming a long doji after a rise. Exit polls' outcome has been slightly better than median expectations. Nifty could see volatile moves early this week after a higher opening based on the outcome of exit polls and later the actual results of voting. Nifty could face resistance in the 22993-23110 band while 22150 could offer support for the early part of next week.DJ (HDFCSec Retail Research)
U.S. stocks ended mostly higher Friday, after erasing earlier losses shortly before the closing bell. India's gross domestic product (GDP) growth surpassed all expectations and stood at 7.8 percent in the January-March quarter, though slower versus 8.4 percent in the third quarter. The full-year 2023-24 GDP growth has been revised upwards to 8.2 percent from the second advance estimate of 7.6 percent.India's eight core sectors posted a growth of 6.2 percent in April, backed by strong electricity and steel output. India's gross goods and services tax (GST) collections rose to ₹1.73 lakh crore in May (vs Rs.2.10 lakh cr in April), growing 10 per cent year on year (YoY) driven by increased revenues from domestic transactionsIndia’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as exit polls on Saturday suggested his Bharatiya Janata Party-led alliance will clinch a decisive parliamentary majority. Asian stocks gained on Monday, as a softer reading of the US Federal Reserve’s preferred measure for inflation bolstered rate-cut hopes.Adani Ports signs 30-year deal to operate terminal at Tanzania's Dar es Salaam PortCoal production in May grew by 7.5% year-on-year to 64.4 million tonnes, and offtake increased by7.2% year-on-year to 68.2 million tonnes.NMDC’s iron ore output falls 37% in May; sales down 22 %Indian markets could open sharply higher due to outcome of exit polls in favour of ruling dispensation
U.S. stocks closed lower on Thursday, pulled down by tumbling technology stocks, including the roughly 20% drop in shares of Salesforce Inc.US Gross domestic product rose 1.3% annualized in the first three months of the year, below the previous estimate of 1.6%, Bureau of Economic Analysis figures published Thursday showed. The economy’s main growth engine — personal spending — advanced 2.0%, versus the previous estimate of 2.5%.India's economy is expected to have grown at a slower pace in the January-March quarter than the previous three months, dampened by a moderation in manufacturing and urban spending. The gross domestic product is estimated to grow by 7% in the January–March period, according to economists, lower than the higher- than-expected 8.4% expansion in the previous quarter. The GDP figures will be released on Friday at 1200 GMT.MSCI's quarterly rejig will come into effect following the market close on May 31, leading to potential inflows of around $2 billion into the Indian equity markets. MSCI's quarterly rebalancing will lead to 13 new stocks being added to the MSCI Global Standard Index, while three stocks will be excluded.China's manufacturing activity unexpectedly fell in May, keeping alive hopes of fresh stimulus as a prolonged property crisis continues to weigh on businesses, consumers and investors. Asian stocks rose Friday as the latest round of US economic data signaled economic momentum is slowing, boosting the case for the Federal Reserve to start cutting interest rates this year.Federal Bank and Tata AIA Life Insurance Announce Strategic Bancassurance PartnershipIDFC First Bank to issue shares worth Rs 3,200 cr via preferential issueOrient Electric appoints Ravindra Singh Negi as Managing Director and CEONifty fell for the fifth consecutive session on May 30, to close with the losses of 0.95% at 22488. From the recent high of 23110, Nifty has witnessed a fall of almost 700 points towards 22417. 50 days EMA for Nifty is placed near 22380, which can offer support for the short term. On the higher side, 22700 could act as an immediate resistance.Indian markets could open higher, in line with mostly higher Asian markets today and despite negative US markets on May 30
Major U.S. stock indexes rose Friday, with the Nasdaq Composite scoring a fresh record peak ahead of the three-day weekend honouring Memorial Day. US stocks got a degree of relief as University of Michigan data showed consumers expect prices to climb at a 3.3% annual rate over the next year, down from the 3.5% expected earlier in the month.The chances of a Fed interest rate cut were pushed back to the Fed's November FOMC meeting, instead of the first cut occurring in September, according to the CME's FedWatch Tool.China’s industrial profits rose 4.3% year on year in the January to April period (unchanged from Jan-March period), data from the National Bureau of Statistics showed.India's total trade deficit in the last fiscal narrowed to $238.3 billion as against $264.9 billion in the previous fiscal.Asian stocks followed gains in US peers as an easing in US consumer inflation expectations boosted the case for the Federal Reserve to cut rates this year.Adani Ports and Special Economic Zone Ltd (APSEZ) will replace Wipro Ltd in the 30-stock blue-chip S&P BSE Sensex from June 24.GAIL's 10 MW green hydrogen plant in Madhya Pradesh inauguratedReliance Industries seeks CCI approval for Viacom18-Star India mergerExcel Industries enters into a long-term supply agreement with a multinational companyAfter making fresh highs above 23,000 in early trade, Nifty settled flat on May 24. At close, Nifty was down 0.05% or 10.6 points at 22957. The low of May 24 i.e. 22908 should be protected on a closing basis for the rally to continue. Nifty could now face resistance at 23175 while 22794 could provide support in the near term.Indian markets could open mildly higher, in line with mixed Asian markets today and positive US markets on May 24
U.S. stocks finished lower Thursday, with the Dow sliding about 600 points on renewed concerns about the US Fed's next move on interest rates. Stocks retreated as data showing US business activity accelerated amid a pickup in inflation strengthened bets the Federal Reserve will remain on hold.As bond yields rose, the stock market's most interest-rate sensitive segments fell, with the S&P 500's real-estate sector ending almost 2.2% lower, Boeing Co. shares also dropped about 7.6%, creating a major drag on the blue-chip index.Asian stocks tracked Wall Street lower following activity data that signaled the Federal Reserve may keep rates on hold for most of this year.Astral Limited Launches New Paint Line as Astral PaintsTech Mahindra, Fuji TV ink pact to produce content globallyL&T Technology Services announces Establishment of Simulation Centre of Excellence for AirbusNifty ended at record high level on May 23 after the RBI announced a mega dividend to the Govt the previous evening. At close, Nifty was up 1.64% or 369.9 points at 22967.7. Nifty rose the most in percentage terms in almost 6 months on May 23. It could now head towards 23175 on the upside while 22794 could offer support on corrections in the near term. Indian markets could open flat to mildly lower, in line with mostly negative Asian markets today and lower US markets on May 23
U.S. stocks traded lower Wednesday as the minutes from the Federal Reserve’s May meeting raised concerns of persistent inflation, indicating the central bank may not cut interest rates soon.Post market, Nvidia’s results sent its shares as much as 7% higher in after-hours trading. Nvidia said second-quarter revenue will be about $28 billion, beating analysts’ estimates. The company also announced a 10-for-1 stock split and boosted its quarterly dividend by 150% to 10 cents a share.The Reserve Bank of India's (RBI) Central Board of Directors has approved the transfer of Rs 2.11 lakh crores as surplus to the government for the financial year 2023-24. The government had budgeted a dividend of Rs 1.02 lakh crore for 2024-25. BPCL Boosts Aviation Fueling Capabilities with New Hydrant Facilities at Manohar InternationalAirport, Goa.NHPC expects to complete all 4 units of the Parbati-II hydroelectric project by Dec 2024Karur Vysya Bank has set a target of opening 100 new branches during the current financial yearacross the country,Asia-Pacific markets were mixed after minutes of the last U.S. Federal Reserve meeting revealed Fed officials’ concerns over persistent inflation, with members seemingly becoming unsure of possible interest rate cuts.Nifty ended a range-bound session on May 22 in the positive. At close, Nifty was up 0.31% or 68.8 points at 22597.8. Nifty settled higher for the fifth consecutive session and recorded its longest winning streak since April 25 Nifty could now rise towards the 22710-22794 band while 22404 can provide support on falls in the near term.Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on May 22
World stocks scored a third straight record high on Thursday as renewed hopes of interest rate cuts in the United States and other major economies extended a month-long global bull run. U.S. stocks closed with small gains on Tuesday, sending the S&P 500 and Nasdaq to record levels, as investors evaluated the latest comments from Federal Reserve officials for clues on the timing of a rate cut while quarterly earnings from Nvidia drew closer.India is likely to grow by 7.5 per cent in the first quarter of the current financial year, driven by rising aggregate demand and non-food spending in the rural economy, according to an article in the RBI's May Bulletin released on Tuesday.Vodafone Idea to raise Rs 2,075 crore via preferential allotment of shares to AB GroupMuthoot FinCorp records highest-ever loan disbursement in FY24 at Rs 61,703 croreGlenmark unit ties up with BeiGene to market cancer drugs in IndiaMost stocks in the Asia-Pacific region were trading mixed Nifty struggled to find a direction on May 21 as India moves closer to the election results day. At close, Nifty was up 0.12% or 27.1 points at 22529.1. The sideways move continues, and Nifty could now face resistance in the 22578-22775 band while 22198 could offer support in the near term.Indian markets could open flat to mildly higher, in line with mixed Asian markets today and positive US markets on May 21
Asian stocks got off to a shaky positive start on Thursday after the US Federal Reserve flagged delays to interest rate cuts but downplayed the prospect of further interest-rate hikes.Nifty erased all the intraday gains in the last hour of trade and ended in the negative zone in a highly volatile session on April 30. At close, The Nifty was down 0.17% or 38.6 points at 22604.9. Nifty formed a higher top and could form a higher bottom in the short term. On monthly charts, Nifty gained 1.24% for the month of April. Nifty could now face resistance at 22783 while 22447 could offer support in the near term.
Bank Nifty made a record high while Nifty is about 120 points short so far. The short-term uptrend of Nifty seems to have resumed after one day of weakness. The next upside levels to be watched are around 22726-22775 band for the near term. Immediate support is at 22447. Indian markets could open mildly higher, in line with mostly higher Asian markets today and positive US markets on Apr 29
Nifty ended lower on April 26, snapping a five-day rally. At close, Nifty was down 0.67% or 150.4 points at 22419.9. N Nifty could now remain in the 22625-22336 band for the near term. A breach of the lower band could take it to 22148.Indian markets could open higher, in line with higher Asian markets today and positive US markets on Apr 26
Nifty extended its gains for the fourth session on April 24, though it gave up a significant part of its intra-day gains. At the close, Nifty was up 0.15% or 34.4 points at 22,402.2. The movement in Nifty seems rangebound in the near term within the 22,503-22,214 band. A breach of this band could decide the future trend of the Nifty.Indian markets could open lower, in line with mostly lower Asian markets today and mixed US markets on Apr 24
US stocks recorded gains across the board on Tuesda. Tesla rose as much as 8% in after-hours trading after the company said its future vehicle lineup would include more affordable models.Easing concerns about the risk of a major re-escalation of tension in the Middle East and a focus on company earnings brought renewed risk appetite from investors.Germany returned to growth in early April after months of contraction, while activity in the broader euro zone expanded at its fastest clip in nearly a year.The U.S. economy lost momentum in April as businesses reported a decline in new orders and reduced employment for the first time since the pandemic. The flash U.S. manufacturing purchasing managers index slipped to a four-month low of 49.9 in April from 51.9 in March. The S&P flash U.S. services PMI fell to a five-month low of 50.9 this month from 51.7 in March.Nikkei led gains in Asia as markets in the region rose across the board, following Wall Street's sustained rally for a second straight day.Mastek wins a new deal from Yanbu Cement CompanyAfter reporting losses in the last two quarters, MCX earned a net profit of Rs 87.8 crore during the January-March quarter of FY24.LTIM could report revenue growth of 3% YoY to Rs 8,950 crore in Rupee terms.Nifty rose for the third session on the trot on April 23, to close at 22368, with a minor gain. Unfilled Gap between 22503 and 22427 is expected to remain a resistance zone for the Nifty in the near term. Support for the Nifty is now shifted up to 22212.Indian markets could open higher, in line with higher Asian markets today and positive US markets on Apr 23.
Nifty ended higher for the second consecutive day on April 22. At close, Nifty was up 0.86% or 189.4 points at 22336.4. The Nifty has reversed the intermediate downtrend and is now headed higher. It could in the near term stay in the 22213-22504 band.Indian markets could open flat, despite mostly higher Asian markets today and higher US markets on Apr 22
Nifty reversed a four-day losing streak to end Apr 19 higher. At close, Nifty was up 0.69% or 151.2 points at 22147. It could in the near term face resistance from the 22427-22503 band while 21710-21778 band could offer support.Indian markets could open higher, in line with mostly higher Asian markets today and despite mostly lower US markets on Apr 19
Nifty extended losses for the third consecutive day on April 16 as geopolitical concerns weighed on investor sentiments. At close, Nifty was down 0.56% or 124.6 points at 22147.9. Nifty fell with a downgap on April 16 and made a bearish candle. Nifty could continue to display weak bias in the near term and head towards 21947, while 22503 could be a strong resistance.
While the Nifty remains in an intermediate uptrend, sell off seen on Friday's, as well as anticipated fall on today's opening trade will break the nearby supports thereby leading to a short term reversal. Nifty could now head towards the next major supports of 22303-22142 in the coming sessions. The 22303 level corresponds to the previous swing low and the 22142 level corresponds to the 50 day SMA. As the intermediate uptrend is intact, we expect any correction to halt at lower levels and the intermediate uptrend to resume. The the Israel-Iran conflict, domestic and global economic macroeconomic data, crude oil prices, January-March quarter results for Q4FY24, general elections 2024,and global cues are likely to keep investors on their toes and will guide market direction this week.Indian markets to open lower, in line with lower asian markets, sharply lower US markets on 12th April and in response to hightened geo-political uncertaininties.
Nifty started new week by climbing to a fresh record high and closing level on Apr 08 led by gains in automobile stocks. With this, the market cap of BSE-listed firms crossed the Rs 400 lakh crore mark. At close, Nifty was up 0.68% or 152.6 points at 22666.3. It has formed a higher top higher bottom formation compared to the previous sessions. Nifty could now stay in the 22529-22810 band for the near term.Indian markets could open mildly higher, in line with positive Asian markets today and despite flat US markets on Apr 08
Asian stocks followed gains on Wall Street after better-than-expected US payrolls data on Friday. The focus will soon shift to US March inflation data due mid-week.Nifty recovered from early morning weakness and closed flat on April 05. At close, Nifty was down 0.9 points at 22513.7. Nifty closed flat after a 110-point high low range day on Apr 05. On weekly charts it rose 0.84%, up for the third consecutive week. A breach of this week’s low of 22304 could denote a change in trend to down. Nifty could remain in the 22453-22619 band over the near term.Indian markets could open flat to mildly higher, in line with positive Asian markets today and higher US markets on Apr 05.
Nifty ended higher in the volatile session on Apr 04 snapping a two-day losing streak. At close, Nifty was up 0.36% or 80 points at 22514.7. Nifty made a new high at 22619 but closed below the earlier high of 22529. Nifty could now remain in the 22453-22619 band for the near term.Indian markets could open lower, in line with lower Asian markets today and negative US markets on Apr 04.
Nifty ended a choppy session flat on April 03 At close, Nifty was down 0.08% or 18.7 points at 22434.7. Nifty closed nominally lower on April 03. The Nifty closes over the last three days are in a small band of 22435-22462 despite intra day volatility, suggesting tug of war between bulls and bears. Nifty will have to break the 22204-22529 band for further cues on direction.
Nifty snapped its three-day rally on April 02 despite a sharp last half hour recovery. At close, Nifty was down 0.04% or 8.7 points at 22453.3. The 22204-22529 band stays valid for the time being for the Nifty. A breach of this band could decide the future direction of Nifty.Indian markets could open lower, in line with mostly lower Asian markets today and negative US markets on Apr 02
Niftya extended the winning run on the second consecutive day on March 28 although it pared some gains in the last hour of the session. At close, Nifty was up 0.92% or 203.3 points at 22326.9. 22526 is proving tough to be breached on the up, while 21973-22180 band could provide the near term support for the markets. Indian markets could open higher, in line with mostly positive Asian markets today and higher US markets on Mar 28
Nifty recouped part of the late losses to continue its rally on March 27. At close, Nifty was up 0.54% or 118.9 points at 22123.7. Nifty formed a small candle with a high upper shadow on March 27. Nifty keeps facing selling pressure as it nears 22,200. Nifty could now remain in the 21932-22204 band for the near term.
Nifty snapped its three-day rally and ended lower on March 26 led by losses in heavy weights while broader indices ended higher. At close, Nifty was down 0.42% or 92.1 points at 22004.7. Nifty could stay in the 21793-22180 band in the near term.
Indian markets could open flat to mildly lower, in line with mixed Asian markets today and despite negative US markets on Mar 26
Nifty ended on a positive note for the third consecutive session on March 22. At close, Nifty was up 0.39% or 84.8 points at 22096.8. Nifty formed a large bull candle on March 22 and ended the week higher by 0.33%. The Nifty could rise towards 22297 and later 22527 over the coming few sessions while the 21860-21875 band could offer support.
Indian markets could open flat to mildly lower, in line with mixed Asian markets today and despite negative US markets on Mar 25
Nifty ended higher for the fifth straight session, after hitting an all-time high on the intraday charts. At close, Nifty was up 0.37% or 81.6 points at 22122.3.Nifty could face resistance from 22187 while 21954 could offer support in the near term.
- Today markets could be volatile as the street interprets the announcements of the FM and later analyses the effect of this pronouncements on the economy and markets.
- Indian markets could open flat to mildly higher, despite mostly lower Asian markets today and negative US markets on Jan 31
Nifty has been displaying a one day up one day down pattern for at least the last 7 sessions. This shows the indecision on the part of investors and traders ahead of the vote on account and US Fed meet. It could now face resistance at 21813 while 21429 could offer support.Indian markets could open flat, despite mostly lower Asian markets today and mixed US markets on Jan 30
Nifty could now find 21710 as a tough resistance on the upside while 21026 could offer support on downmoves.Indian markets could open mildly higher, in line with mostly higher Asian markets today and higher US markets on Jan 18
- Nifty could rise towards 21990 and later 22280 in the coming week while 21764 and 21449 could be the supports.
- Indian markets could open higher, in line with higher Asian markets today and positive US markets on Jan 12
- The Nifty is now expected to retest the upper trajectory around 21765-21834 levels in the next few sessions. Immediate support is placed at 21449 levels.
- Indian markets could open flat, despite mildly higher Asian markets today and positive US markets on Jan 10th
- Nifty could remain in the 21850-21500 band for the near term and a breach of 21500 could take it lower to 21365.
- Indian markets could open flat, in line with mixed and range bound Asian markets today
- Nifty rose on Jan 04, recovering a large part of losses of the previous two sessions. Nifty could now rise towards 21741 while 21500 could offer support.
- Indian markets could open flat, in line with mixed and rangebound Asian markets today and despite lower US markets on Jan 04
Nifty came off its life highs and ended the first day of the year with little changed from Friday's close. A late sell-off saw all the intra day gains being wiped off.It formed a triple bottom formation over the past three days in the 21677-21681 band. A breach of this band could take the Nifty down to 21575. On the other hand, 21834 could offer resistance.
Nifty ended at a record high for the fifth consecutive session on December 28. Nifty continued its up move on Dec 28 making yet another upgap.
The F&O expiry on Dec 28 could have contributed partly to these gains. It will be interesting to see whether this momentum continues in the new monthly F&O expiry.
Nifty could now rise towards 21920 while 21675 could offer support.
Nifty continued to rally for the fourth consecutive session on Dec 27 and hit its highest ever closing levels.The upward momentum could continue in the near term and Nifty could now face resistance at 21720 while the 21505-21593 band could offer support.
Nifty could keep witnessing a sell on rise pattern amidst low volumes for the next few days as a lot of participants are on holiday.
Nifty could keep witnessing a sell on rise pattern amidst low volumes for the next few days as a lot of participants are on holiday.
Nifty rebounded on Dec 21 after the worst sell-off in 10 months. Nifty could now rise towards the 21337-21365 band while 21006 could offer support.
Nifty crashed on Dec 20, falling steeply post 1300Hrs. At close, Nifty was down 1.41% or 302.9 at 21150.6.Nifty seems to have entered a short-term correction and the target in the near term is the 20950-21006 band. On upmoves, the 21235-21365 band could act as a resistance.Indian markets could open mildly lower, in line with mostly lower Asian markets today and negative US markets on Dec 20.
Nifty closed lower on Dec 18, snapping a three day rally weighed down by weak Asian markets. At close, Nifty was down 0.18% or 38 points at 21418.7. Nifty formed a doji after a sideways move and formed an inside day. Nifty could now stay in the 21287-21492 band for the near term. High level of the broader indices is weighing on the minds of participants, but dips are getting bought into.
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U.S. stocks booked back-to-back losses on Thursday, with the S&P 500 index ending at the lowest level since May, while the Nasdaq Composite slid further into correction territory following another batch of disappointing megacap company earnings. A blockbuster report on summertime economic growth and retreating Treasury yields failed to bolster market sentiment.
A preliminary reading on third-quarter U.S. GDP came in hotter than expected on Thursday morning, with data from the Commerce Department showing the economy grew at an annualized pace of 4.9%, surpassing the 4.7% pace that Wall Street had expected. Consumer spending, the main engine of U.S. growth, rose at a 4% clip from July to September.
The European Central Bank on Thursday paused on interest-rate hikes for the first time since summer 2022, while the Bank of Canada Wednesday kept benchmark rates unchanged for a second straight meeting, saying steeper borrowing costs are dampening consumption and bringing supply and demand closer to balance.
China's industrial profits grew at a slower rate in September, but showed signs of improvement over the first nine months of the year as Beijing pushes to shore up the economic recovery.
Asian equities gave up early gains despite cautious optimism that solid post-market US tech earnings are set to spur a rebound on Wall Street. Amazon.com Inc. and Intel Corp. both gained in after-trading hours.
Nifty fell again for the sixth consecutive session on October 26 even as a series of poor corporate results in the US cast a shadow on the global risk appetite already impacted by the conflict in the Middle east. At close, Nifty was down 1.39% or 264.9 points at 18857.3. Nifty continues to fall relentlessly. On Thursday it fell with a downgap and is now close to its 200 DEMA of 18830. The upgap support at 18829 is also close by. It could now bottom out for the time being over the next 1-2 days and 18691-18829 could be a support while 18972 could be the initial resistance.
Indian markets could open mildly lower, in line with mostly lower Asian markets today and negative US markets on Oct 26.
Nifty Midcap and smallcap indices recouped almost all the losses of yesterday’s session with more than 1% gain in today’s session. Most of the Asian markets are trading in green today. Intraday support for the Nifty is seen at 19600. Resistances for Nifty are seen at 19696 and 19766. Indian markets are expected to remain strong for rest of the session and it is advisable to remain bullish in benchmark indices.
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Indian markets could open flat to mildly lower, in linewith mixed Asian markets today and lower US markets on Sept 21Listen to the D-Street Details with Devarsh Vakil
Indian markets could open lower, in line with negative Asianmarkets today and lower US markets on Sept 20 post the US Fed meet outcome Listen to the D-Street Details with Devarsh Vakil
Indian markets could open lower, in line with mostly negative Asian markets today and lower US markets on Sept 19.
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Indian markets could open mildly lower, in line with mostly negative Asian markets today and lower US markets on Sept 15
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Trend of the Indian markets is bullish, and stock specific bullish bets can be taken in rest of the session with appropriate stoploss.Catch the mid-market details with Vinay Rajani
Indian markets could open mildly higher, in line with mostly positive Asian markets today and higher US markets on Sept 14
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Intraday support for the Nifty is seen near 20,000 levels. Intraday resistances for Nifty are seen at 20,114 and 20,190. Trend of the Indian markets is bullish, and traders are advised to utilize intraday dips to go long.
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Indian markets could open mildly higher, in line withlargely positive Asian markets today and higher US markets on Sept 13.
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Positional support for Nifty is seen in the band of 19,800-19,900.
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Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on Sept 12.
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We expect Nifty to outperform from here on.Traders should reduce the exposure in smallcap and midcap stocks.
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Indian markets could open higher, despite mixed Asian markets today and in line with slightly higher US markets on Sept 11. Listen to the D-Street Details with Devarsh Vakil
Today is the 7th consecutive session for Nifty for registering gains. Intraday resistances for Nifty are seen at 19,945 and 20,000, while support for the same is seen at 19,882. Trend of the Market is expected to remain bullish for rest of the session and every intraday dip should be utilized to go long in Nifty.
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Indian markets could open mildly higher, despite mixed Asian markets today and in line with slightly higher US markets on Sept 08
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Resistances for Nifty are seen at 19,858 and 19,980 Catch the mid-market details with Vinay Rajani
It could now stay in the 19,795-19,587 band with an upward bias for the near term
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Indices have become choppy today and we need to closely track today’s close for getting clear direction in the benchmark indices like Nifty and Bank nifty. Catch the mid-market details with Vinay Rajani
Indian markets could open mildly lower, in line with mostly lower Asian markets today and lower US markets on Sept 06. Listen to the D-Street Details with Devarsh Vakil
Nifty has got strong support in the zone of 19,450-19,500 zone. Intraday support is placed at 19,543. Intraday Resistances for the Nifty are seen at 19,562 and 19,600. Traders are advised to hold nifty longs with 19,500 Stoploss. Catch the mid-market details with Vinay Rajani.
Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on Sept 05. Listen to the D-Street Details with Devarsh Vakil
Intraday supports for the Nifty are seen at 19,550 and 19,500. Resistances for the Nifty are seen at 19,590 and 19,645.
Trend of the Nifty is expected to remain range bound, while
stock specific bullish moves in mid and smallcap is likely to continue.
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Nifty could now face resistance in the 19,584-19,646 band while 19,310 could offer support.Indian markets could open flat, in line with mildly lower Asian markets today.
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Trend of the Market is expected to remain bullish for rest of the session and every intraday dip should be utilized to go long in Nifty. Short term supports for Nifty are seen at 19,432 add 19,383. Above 19,500 Nifty could move towards 19,586.
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Indian markets could open mildly higher, in line with mildly positive Asian markets today and positive US markets on Sept 01
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Benchmark indices like Nifty and Bank Nifty have been consolidating in a narrow range for the last 6 trading sessions. However, the breadth of the market is very strong as Smallcap and midcap indices continued to soar and make fresh all-time highs.
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Indian markets could open flat, in line with mildly positive Asian markets today and despite lower US markets on Aug 31.
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With the Nifty correcting further, more downsides are likely once the immediate support of 19,290 is broken. Immediate resistance is at 19,388.
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Nifty could now stay in the 19,306-19,472 band for the near term.
Indian markets could open mildly higher, in line withpositive Asian markets today and higher US markets on Aug 30.
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With the Nifty surging higher, traders will need to watch if the index can cross the immediate resistance of 19,453 for further upsides. Crucial supports are now at 19,407.
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Violation of the range 19,452-19,288 on either side could bring momentum back to the Nifty on the respective side.
Indian markets could open higher, in line with positive Asian markets today and higher US markets on Aug 29.
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With the Nifty bouncing back, traders will need to watch if the index can cross the immediate resistance of 19,398 for further upsides.Crucial supports are now at 19,317.
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The Indian stock market is likely to open higher on Tuesday led by positive global cues amid gains in Asian and US peers.
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With the Nifty bouncing back, traders will need to watch if the index can cross the immediate resistance of 19,388 for further upsides. Crucial supports are now at 19,303.
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Nifty continued its downward journey on Aug 25 andfell 0.62% to close at 19,265.8. Nextsupport for the Nifty is seen in the zone of 19,050-19,100. On the upside 50 days SMA, placed at 19,375 would act as a resistance now. Balanced message from Jackson Hole on Friday could result in some upward bounce early this week.
Indian markets could open higher, in line with positive Asian markets today and higher US markets on Aug 25.
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With the Nifty correcting further, more downsides are likely once the immediate support of 19,229 is broken. Immediate resistance is at 19,340.
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Indian markets could open lower, in line with mostly lower Asian markets today and sharply lower US markets on August 24
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With the Nifty correcting from the highs, further downsides are likely once the immediate support of 19,437 is broken. Immediate resistance is at 19,470.
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Indian markets could open higher, in line with higher Asian markets today and positive US markets on Aug 23.
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With the Nifty bouncing back, traders, will need to watch if the index can cross the immediate resistance of 19,461 for further upsides. Crucial supports are now at 19,366.
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Indian markets could open flat, despite mildly higher Asian markets today and lower US markets on Aug 22.
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With the Nifty bouncing back, traders will need to watch if the index can cross the immediate resistance of 19,444 for further upsides. Crucial supports are now at 19,381.
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Nifty ended higher on Aug 21 aided by buying across Metals, Power, and IT stocks. At close, Nifty was up 0.43% or 83.5 points at 19,393.6. Nifty bounced up as expected post the doji formed in the previous session.
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With the Nifty bouncing back, traders will need to watch if the index can cross the immediate resistance of 19,421 for further upsides. Crucial supports are now at 19,301.
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Indian markets could open flat, despite mostly negative Asian markets today and lower US markets on Aug 18.
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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Today’s low of Nifty is near 50 days of EMA support. Any level below 19,253 could drag the Nifty lower toward the next support of 19,050-19,100. On the daily chart, Nifty has been forming lower tops and lower bottoms, which indicates a down trend.
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Indian markets could open lower, in line with mostly negative Asian markets today and lower US markets on Aug 17.
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With the Nifty bouncing back, traders will need to watch if the index can cross the immediate resistance of 19,365 for further upsides. Crucial supports are now at 19,337.
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Indian markets could open lower, in line with negative Asian markets today and lower US markets on Aug 16.
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With the Nifty bouncing back, traders will need to watch if the index can cross the immediate resistance of 19,466 for further upsides. Crucial supports are now at 19,359-19,317.
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Indian markets could open lower, in line with negative Asian markets today and lower US markets on Aug 15.
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With the Nifty in correction mode, traders will need to watch if the index can hold above the immediate intraday support of 19,340. Else, a further correction is likely.
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In the week gone by, the Indian rupee surged and purged but closed with no change. It has outperformed Asian currencies amid dollar inflows. The RBI surprised the market with a 10% ICRR to control inflation and remove surplus liquidity and kept the other rate unchanged with a “withdrawal of accommodative” stance. The domestic equity market remained under pressure, in line with its Asian peers. Foreign institutions remained net buyers of Indian equities and debt by investing more than $800mn in the past week.
● Last week, spot USDINR closed at 82.84, the strongest close since February 27. The set-up favours the bulls club amid broad-based strength in the greenback and risk-averse sentiments across the globe. In a holiday truncated week, the pair is expected to find support at 82.50 and resistance at 83.30.
● After whipsawing amid mixed US economic data, the dollar index finally ended the week with gains of 0.81% to 102.84, up for a fourth straight week for the first time since February. The current monetary policy mix in developed nations and divergent economic momentum are acting as catalysts for a stronger US dollar.
● Data last week encouraged the case for a prolonged pause in the Fed’s hiking cycle. But for the Indian traders, the focus will shift to India’s CPI, which might leap above RBI’s tolerance level amid surging vegetable and food article prices.
The Dow finished Friday with a modest gain for the session and the week, while the S&P 500 index and Nasdaq Composite posted a second straight weekly loss.
U.S. stock indexes closed mostly lower on Friday, losing steam intraday, a trend that’s taken hold in mid-August as technology shares slump, longer-dated Treasury yields rise, and investors consider if corporate earnings can hold up through the rest of this year.
Rising Treasury yields also added to the pressure on stocks. The 10-year note yield was up 8.5 basis points at 4.166% on Friday.
The U.S. producer-price index rose 0.3% in July.
A survey showed U.S. consumer sentiment climbing to the highest level in nearly two years in July with calming inflation and a strong labor market boosting consumers.
India's industrial output grew by 3.7 percent in June, a three-month low. It is also below the consensus estimate of 5 percent.
Asian shares struggled on Monday ahead of China data (retail sales and industrial output) that is likely to amplify the case for serious stimulus.
Nifty fell for the second consecutive session on Aug 11, pulled down by weak global cues. At close, Nifty was down 0.59% or 114.9 points at 19,428.3. 19,300 could be the next support for Nifty while 19,645 could now prove to be a resistance.
Indian markets could open lower, in line with negative Asian markets today and despite mixed US markets on Aug 11.
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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Post opening, Nifty witnessed selling pressure and the index reached the lowest level of the last 5 trading sessions. Nifty has got strong resistance at 19,645 and unless that is taken out, the view is to sell on rallies. Intraday supports for the Nifty are seen at 19,425 and 19,356.
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U.S. stocks eked out slight gains on Thursday, after an initial rally in the S&P 500 index and Nasdaq Composite faded, as investors gauged if July’s report on consumer prices could spell the end of Federal Reserve interest rate hikes.
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Nifty is trading in a range. Further directional cues are likely to emerge on a move beyond the 19,467-19,645-trading range.
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U.S. stocks finished lower on Wednesday, posting back-to-back losses after a slump in technology shares and a jump in U.S. crude oil prices weighed on Wall Street, while investors absorbed news of deflation in China and looked ahead to the U.S. July consumer price index data due Thursday morning.
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With the Nifty in correction mode, traders will need to watch if the index can hold above the immediate supports of 19,450-19,439. Else, a further correction is likely.
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U.S. stocks finished lower on Tuesday, though off session lows, as investors shunned assets viewed as risky following weak China international trade data for July and weighed the threat of a credit-rating downgrade on major U.S. banks.
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Nifty is trading in a range. Further directional cues are likely to emerge on a move beyond the 19,533-19,635-trading range.
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U.S. stocks finished with solid gains on Monday, producing the best day for Dow industrials since mid-June, as investors kept a close eye on Treasury yields and the final stretch of earnings seasons.
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With the Nifty bouncing back, further upsides are likely once the immediate resistance of 19,595 is taken out. Weakness could re-emerge if the support of 19,524 is broken.
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Indian markets could open flat to mildly higher, in line with largely positive Asian markets today and despite lower US markets on Aug 04.
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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
With the Nifty bouncing back, further upsides are likely once the immediate resistance of 19,539 is taken out. Weakness could re emerge if the support of 19,436 is broken.
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Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on Aug 03.
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With the Nifty in correction mode, traders will need to watch if the index can hold above the immediate support of 19,361. Else, a further correction is likely.
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U.S. stock indexes finished sharply lower on Wednesday with the benchmark S&P 500 index registering its worst day since April, as markets were rattled by a lowering of the U.S. government’s credit rating by Fitch Ratings.
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With the Nifty in correction mode, traders will need to watch if the index can hold above the immediate support of 19,517. Else, a further correction is likely.
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Indian markets could open lower, in line with mostly lower Asian markets today and negative US markets on Aug 01.
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With the Nifty correcting from the highs, further downsides are likely once the immediate support of 19,704 is broken. Immediate resistance is at 19,796.
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Indian markets could open mildly higher, in line with mostly higher Asian markets today and positive US markets on July 31.
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After showing weakness in the last two sessions Nifty witnessed an upside bounce so far today. Immediate support is to be watched at 19,600.
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Indian markets could open mildly higher, in line with positive Asian markets today and higher US markets on July 28.
Listen to the D-Street Details with Devarsh Vakil
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
After showing weakness from the highs on Thursday, the Nifty slipped into weakness so far today. The next lower supports to be watched around 19,500-19,450 levels.
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Indian markets could open lower, in line with mostly lower Asian markets today and negative US markets yesterday.
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After showing an upside bounce from the lows on Wednesday, the Nifty slipped into weakness so far today. Immediate support is at 19,700.
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Recent swing lows of 19,615 should be the stoploss in trading long positions. On the upside 19,900-20,000 range could act as an immediate resistance.
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After showing weakness in the last few sessions, Nifty shifted into a sustainable upside bounce so far today. Intraday support is at 19,700 levels.
Catch the mid-market details with Nagraj Shetti
Nifty could stay in the 19,783-19,567 band for the near term.
Indian markets are likely to open mildly higher in line with global cues.
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After showing weakness in the last couple of sessions, Nifty shifted into a range-bound movement with positive bias so far today. Intraday support is at 19,650.
Catch the mid-market details with Nagraj Shetti
Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today and positive US markets on July 24.
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After showing sharp weakness on Friday, Nifty shifted into a weakness with volatility as of now. Intraday support is at 19,650 levels.
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Indian markets could open lower, in line with mixed Asian markets today and mixed US markets on July 21.
U.S. stock indexes ended mixed on Friday in choppy trade, though the Dow Jones Industrial Average extended a winning streak to 10 days (its longest winning streak since August 7, 2017).
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After showing a sustainable upmove in the last few sessions, Nifty slipped into sharp weakness so far today. Intraday support is at 19,650 levels.
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The S&P 500 and Nasdaq fell on Thursday, weighed down by drops in Tesla and Netflix following their quarterly results, in contrast, the Dow Jones Industrial Average managed to post its ninth consecutive daily gain, thanks in part to better-than-expected earnings from Johnson & Johnson.
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Nifty continued with range-bound action with positive bias. Intraday support is at 19,750 and the next upside levels to be watched are around 19,950-20,000 levels.
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Indian markets are likely to open mildly lower on the expectation of softer US markets in the evening today on lower-than-expected earnings from Tesla and Netflix.
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After showing high volatility at the highs on Tuesday, the Nifty shifted into a choppy movement as of now. Intraday support is at 19,700 levels.
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Nifty closed lower than opening levels, suggesting some intra-day profit-taking on 18th July. It formed a high wave-type pattern after a rise, hinting at some consolidation.
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Nifty displayed high volatility on Tuesday at the new high of 19,800 levels. Intraday support is around 19,700-19,650 levels.
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Indian markets could open flat to mildly higher, in line with mixed Asian markets today and higher US markets on July 17.
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Nifty continued with follow-through upmove with decent gains so far today. Further upside is expected in the mid to later part of the session.
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Indian markets could open flat to mildly higher, in line with largely higher Asian markets today and despite lower US markets on July 14.
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Nifty continued to show range-bound action as of now and is expected to continue for the day. Intraday support is at 19,400.
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Indian markets could open flat to mildly higher, in line with higher Asian markets today and positive US markets on July 13.
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After slipping into weakness on Wednesday, Nifty shifted into an upside bounce so far today. Intraday support is at 19,450 levels.
Catch the mid-market details with Nagraj Shetti
U.S. stocks rose on Wednesday with the S&P 500 and Nasdaq Composite closing at their highest levels in 15 months, after data showed the rate of inflation in June slowed to the lowest level since early 2021, fueling hopes that the Federal Reserve may be closed to being done with its interest-rate hikes.
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After showing an upmove with volatility on Tuesday, Nifty slipped into minor weakness so far today. Intraday support is at 19,350 levels.
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Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today and positive US markets on July 11.
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After showing choppy movement in the last few sessions Nifty witnessed a sustainable up move so far today. Intraday support is placed at 19,400.
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Indian markets could open flat to mildly higher, in line with higher Asian markets today and positive US markets on July 10.
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After showing sharp weakness from the new highs on Friday, Nifty shifted into an upside bounce so far today. Immediate support is at 19,300 levels.
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Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today and despite negative US markets on July 07.
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After showing a sustainable upside on Thursday, the Nifty slipped into weakness so far today. Intraday support is at 19,350 levels.
Catch the mid-market details with Nagraj Shetti.
Indian markets could open flat to mildly lower, in line with lower Asian markets today and negative US markets on July 06.
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After showing consolidation in the last couple of sessions, Nifty shifted into an upside bounce so far today. Intraday support is at 19,380.
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Indian markets could open flat to mildly lower, in line with mostly lower Asian markets today and negative US markets on July 05.
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Nifty is trading in a range. Further directional cues are likely to emerge on a move beyond the 19,344-19,422 trading range.
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Indian markets could open flat, despite largely lower Asian markets today. US markets were shut on July 04.
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Nifty continued its upside momentum for the sixth consecutive session on Tuesday. Intraday resistance is placed at 19,450 levels.
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Indian markets could open flat, in line with mixed Asian markets today and muted US markets on Monday.
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Nifty continued with upside momentum for the fourth consecutive session on Monday. Intraday support is at 19,250 levels.
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Indian markets could open higher, in line with positive Asian markets today and higher US markets on Friday.
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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty continued to remain strong and extended the gain towards 19,120 till now. BankNifty has also registered a new all-time high of 44675 and currently hovering near highs. Intraday supports for the Nifty are seen at 19,075 and 19,000.
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Indian markets could open higher, aided by the overall rise in the global markets over the past two sessions.
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Nifty opened at a new all-time high today. Post opening, Nifty extended the gain and reached the level of 18,982. Post opening, Intraday supports for the Nifty are seen at 18,901 and 18,860.
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Indian markets could open mildly higher, in line with mixed Asian markets today and higher US markets on Tuesday.
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Intraday supports for Nifty are seen at 18,714 and 18,686. Resistances for Nifty are seen at 18,762 and 18,801. Nifty smallcap index is trading in green for second consecutive session. Trend of the Market is expected to be bullish for today.
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Indian markets could open flat to mildly higher, in line with mixed Asian markets today and despite lower US markets on Monday
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Post opening, Nifty has gone nowhere and remained in the narrow range. Intraday supports for the Nifty are seen at 18647 and 18555. Resistance for Nifty is seen at 18748. Most of the Asian markets are trading in red today. Trend of the Market is expected to remain rangebound with negative bias.
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Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
In the early morning session, Nifty extended the fall and tested a level of 18,647 on the spot. In the Intraday session, Nifty violated crucial support of the previous swing low of 18,660. Intraday resistance for nifty is seen at 18,805. Supports for the Nifty are seen in 18,680 and 18,647.
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Nifty oscillated between gains and losses on June 22 to end lower after Sensex hit fresh record highs. At close, Nifty was down 0.45% or 85 points at 18,771.3. 18,888-18,660 is the band for the Nifty, a breach of which on either side will determine its near term direction.
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Today Nifty missed hitting a new all-time high just by a whisker. Nifty Today’s high of 18,886 is just 1 point lesser than the all-time high registered in Dec 2022. The Nifty small cap index has started losing momentum today and currently trading in the red.
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Indian markets could open lower, in line with mostly lower Asian markets today and lower US markets on Wednesday.
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Nifty opened slightly up by 34 points at 18,849. Post opening, Nifty attempted to surpass the all-time high of 18,887 but failed to do the same. Today is the eighth straight session when Smallcap Index is holding in green. Above the all-time high of 18,887, Nifty could extend its rally towards 19,000 levels.
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Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on Tuesday.
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Today is the seventh straight session when Smallcap Index is holding in green. BankNifty continued to underperform Nifty with a 0.5% loss in today's session. BankNifty is sustaining below its 20 days EMA, while Nifty is placed at a distance from its 20 days EMA placed at 18,590.
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Indian markets could open lower, in line with mostly lower Asian markets today.
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After showing a sustainable upside on Friday Nifty slipped into weakness from the swing highs so far today. Immediate support is at 18,700 levels.
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Indian markets could open flat, in line with mildly lower Asian markets today and lower US markets on Friday.
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After showing weakness from the highs, the Nifty shifted into an upside bounce so far today. Intraday support is at 18,690 levels.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly higher, in line with mixed Asian markets today and despite higher US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
After showing an up move in the last three sessions, Nifty slipped into minor weakness so far today. Immediate support is at 18,650 levels.
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Indian markets could open flat, in line with muted Asian markets today and mixed US markets on Wednesday.
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Post opening, Nifty has been gradually moving up and is currently trading at 18742 with 27 points gain. The Nifty small cap index continued its upward journey and up by 0.33% in today’s session. Intraday supports for Nifty are seen at 18,692 and 18,655.
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Indian markets could open mildly higher, in line with mostly higher Asian markets today and positive US markets on Tuesday.
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Post opening, Nifty has been gradually moving up and is currently trading at 18,710 with 110 points gain. By crossing 8th June 2023, the Nifty smallcap index has reached to the highest level of the current rally. Intraday supports for Nifty are seen at 18,672 and 18,636.
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Indian markets could open mildly higher, despite mixed Asian markets today and in line with higher US markets on Monday.
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Post opening, Nifty has been gradually moving up and is currently trading at 18,620 with 56 points gain. Nifty Small cap Index resumed its uptrend after two sessions break. Trend of the Market is expected to rangebound today with stock-specific bullish action.
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Indian markets could open higher, in line with mixed Asian markets today and slightly higher US markets on Friday.
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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Post opening, Nifty did not sustain at higher levels and breached yesterday’s low of 18,615. BankNifty however has managed to protect yesterday’s low of 43,917. Intraday support for Nifty is seen at 18,600 followed by 18,574 and 18,513.
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Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today and positive US markets on Thursday.
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The Nifty smallcap index has witnessed a sharp intraday fall from the day’s high and trading near the day’s low. Smallcap index is about to break the 13 sessions winning streak in today’s session.
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Indian markets could open flat ahead of RBI MPC meet, despite mildly lower Asian markets today and negative US markets on Wednesday.
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Nifty has also broken out from the trading range which was held for the last 7 trading sessions. The breadth of the market is positive with a 5:2 advance decline ratio at NSE. A sustainable level above 18,700 would result into further momentum buying in the Nifty, which could pull the index towards an all-time high.
The trend of the Nifty is expected to remain bullish for today’s session.
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Indian markets could open flat to mildly up, in line with largely positive Asian markets today and higher US markets on Tuesday.
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Nifty has been trading in the narrow range of 18,500-18,700 in the last two weeks. Breakout from this range on either side is expected to give a directional move in the Nifty. Small cap index seems to have paused the rally which was there for the last 10 consecutive weeks. Intraday resistance for Nifty is seen at 18,605. The trend of the Nifty is range bound with a negative bias for today’s session.
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Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on Monday.
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Nifty seems to have resumed its primary uptrend after small correction. Intraday support for the Nifty is seen at 18,580, followed by 18,528. Resistance for Nifty is seen at 18,662, followed by 18,720. Nifty Small cap Index is trading in green for 12th consecutive session and has registered fresh 52 week high. Trend of the Nifty is bullish, and traders are advised to utilize dips to accumulate longs.
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Indian markets could open higher, in line with mostly positive Asian markets today and sharply higher US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty Small cap Index has been outperforming and is currently trading at its 52-week high with an intraday gain of more than 0.7%. Small cap Index has been rising for the last 10 consecutive weeks. India VIX continued to trade on the lower side near 11, which indicates lower volatility in Nifty.
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Indian markets could open higher, in line with positive Asian markets today and higher US markets on Thursday.
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Nifty Smallcap Index has been outperforming and is currently trading at its 52-week high with an intraday gain of more than 1%. India VIX continued to trade on the lower side below 12, which indicates lower volatility in the Nifty for the Short term.
Catch the mid-market details with Vinay Rajani.
Indian markets could open flat to mildly lower, in line with mixed Asian markets today and lower US markets on Wednesday
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With the Nifty in correction mode, traders will need to watch if the index can hold above the crucial support of 18,459. Else, a further correction is likely.
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Indian markets could open mildly lower, in line with negative Asian markets today and mixed US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty is trading in a range. Further directional cues are likely to emerge on a move beyond the 18,575-18,662 trading range.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open flat, in line with range-bound Asian markets today.
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The Nifty remains in an uptrend. Further upsides are likely once the immediate resistance of 18,641 is taken out. Weakness could emerge if the support of 18,584 is broken.
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Indian markets could open higher, in line with largely higher Asian markets today and sharply higher US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
The Nifty remains in an uptrend. Further upsides are likely once the immediate resistance of 18,450 is taken out. Weakness could emerge if the support of 18,333 is broken.
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From an intraday low of 18,202, Nifty rose more than 135 points on May 25 towards 18,338 and closed at the highest point of the day. At close, Nifty was up by 0.20% or 36 points at 18,321. The 18,458-18,500 range remains a strong resistance on the upside while a breach of 18200 would be considered bearish for the near term.
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With the Nifty correcting further, traders will need to watch if the index can hold above the crucial support of 18,197. Else, a further correction is likely.
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Indian markets could open mildly lower, in line with largely negative Asian markets today and lower US markets on Wednesday.
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Nifty is trading in a range. Further directional cues are likely to emerge on a move beyond the 18,269-18,393 trading range.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open lower, in line with negative Asian markets today and lower US markets on Tuesday.
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The Nifty remains in an uptrend. Further upsides are likely once the immediate resistance of 18,420 is taken out. Weakness could emerge if the support of 18,349 is broken.
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Indian markets could open flat, in line with mostly positive but range-bound Asian markets today, and mixed US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected from the highs, the near-term trend remains up.
Further upsides are likely once the immediate resistance of 18,326 is taken out. Weakness could emerge if the support of 18,231 is broken.
Catch the mid-market details with Subash Gangadharan.
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U.S. stocks finished lower on Friday, weighed down by worries over the debt-ceiling deadline and concerns that more mergers involving regional banks may be needed. All three major indexes booked weekly gains, and the Nasdaq rose 3% in a fourth straight week of gains for its longest winning streak since the week ending Feb. 3, according to Dow Jones Market Data.
US Fed Chair Powell said that uncertainties surrounding the lagging impact of past rate hikes and recent bank credit tightening made it unclear whether more monetary tightening will be necessary.
The Reserve Bank of India said that its board on Friday approved to transfer of a surplus of Rs. 87,416 crores to the government for the financial year ended March 31. This is the highest surplus transfer since Rs. 99,122 crore in FY21.
China kept its benchmark lending rates unchanged for the ninth straight month on Monday, matching market expectations for May. China's one-year loan prime rate (LPR) was kept at 3.65% and its five-year LPR was unchanged at 4.30%.
Asian shares and US stock futures traded in narrow ranges in early trading as uncertainty over US talks to avoid a debt default cast a shadow over markets.
Nifty snapped a 3-session losing streak on May 19 aided by positive global cues. At close, Nifty was up 0.41% or 73.5 points at 18,203.4. Nifty formed a bullish near-hammer pattern on daily charts after a fall. Nifty needs to cross 18,459 on the upside for the upward momentum to continue. 18,055 on the downside needs to be protected if the intermediate bullish trend is to be maintained. The last of the Q4 results are expected in the current week. This could impact the individual stock prices, but the overall mood will be decided by the FPI flows and developments on the US debt default situation.
Indian markets could open flat, in line with rangebound Asian markets today and despite lower US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
With the Nifty correcting from the highs, further downsides are likely once the immediate support of 18,060 is broken. Immediate resistance is at 18,186.
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Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today and positive US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
With the Nifty correcting from the highs, further downsides are likely once the immediate support of 18,162 is broken. Immediate resistance is at 18,297.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open higher, in line with mostly higher Asian markets today and sharply higher US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has corrected further today after closing below the lows of Monday in yesterday's trading session.
Further weakness could be seen if the support of 18,134 is broken.
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Indian markets could open flat to mildly lower, in line with mixed Asian markets today and lower US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has corrected from the highs. Today Further weakness could be seen if the support of 18,346 is broken.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open higher, in line with mostly higher Asian markets today and positive US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
The Nifty remains in an uptrend. Further upsides are likely once the immediate resistance of 18,437 is taken out. Weakness could emerge if the support of 18,287 is broken.
Catch the mid-market details with Subash Gangadharan.
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Indian markets could open lower, in line with mostly lower Asian markets today and negative US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
The Nifty remains in an uptrend. Further upsides are likely once the immediate resistance of 18,304 is taken out. Weakness could emerge if the support of 18,265 is broken.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open lower, in line with mostly lower Asian markets today and mostly lower US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
The Nifty remains in an uptrend. Further upsides are likely once the immediate resistance of 18,330 is taken out. Weakness could emerge if the support of 18,304 is broken.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open flat to mildly higher, in line with mixed Asian markets today and mostly higher US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected from the highs, the near-term trend remains up.
Further upsides are likely once the immediate resistance of 18,323 is taken out. Weakness could emerge if the support of 18,211 is broken.
Catch the mid-market details with Subash Gangadharan.
Stocks in the US closed lower on Tuesday, with cautious investors digesting more earnings reports.
US inflation data is due today.
The U.S. consumer-prices report for April will be published on Wednesday and investors hope to see inflation continuing to ease.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected from the highs, the near-term trend remains up.
Further upsides are likely once the immediate resistance of 18,344 is taken out. Weakness could emerge if the support of 18,276 is broken.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open flat to mildly lower, in line with mixed Asian markets today and sharply mixed US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty remains in an uptrend. Further upsides are likely once the immediate resistance of 18,278 is taken out. Weakness could emerge if the support of 18,215 is broken.
Catch the mid-market details with Subash Gangadharan.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Saumil Gandhi.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Indian markets could open mildly higher, in line with mostly higher Asian markets today and sharply higher US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty has corrected today after the sharp rally seen on Thursday. Further weakness could be seen if the support of 18,085 is broken.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open flat to mildly lower, in line with mixed and range-bound Asian markets today and lower US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
With the Nifty surging higher after the weakness seen yesterday, the uptrend is intact.
Further upsides are likely once the immediate resistance of 18,180 is taken out. Weakness could emerge if the support of 18,144 is broken.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open lower, in line with mixed Asian markets today and lower US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
Now all eyes are on US FED’s FOMC, ahead of its decision Wednesday where wise policymakers are expected to raise interest rates and "guide" for future rate path.
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While the Nifty has corrected from the highs, the near-term trend remains up. Further upsides are likely once the immediate resistance of 18,180 is taken out. Weakness could emerge if the support of 18,101 is broken.
Catch the mid-market details with Subash Gangadharan.
Indian markets could open higher, in line with mostly positive Asian markets today and higher US markets on Friday and Monday put together.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty continued with a follow-through upmove so far today and is currently trading at the highs. Intraday resistance is at 18,030 levels.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open higher, in line with mostly positive Asian markets today and sharply higher US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty continued its upside momentum for the fourth consecutive session so far today. Placed at the hurdle of 17,865 levels. Immediate support is at 17,700 levels.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly lower, in line with mixed Asian markets today and mostly lower US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty shifted into an upside recovery after showing weakness in the early part of the trade. Intraday support is at 17,710 levels.
Catch the mid-market details with Nagaraj Shetti.
U.S. stocks closed lower on Tuesday as investors digested a mixed picture of corporate earnings along with data suggesting a slowing economy and a consumer that’s under pressure from inflation. Investors were taking a risk-off approach on Tuesday, one week ahead of the Federal Reserve’s next meeting on interest rates. The Fed is scheduled to meet next Tuesday and Wednesday on its benchmark interest rate.
Listen to the D-Street Details with Devarsh Vakil.
After showing a sustainable upmove on Monday, Nifty shifted into a range-bound movement with a positive bias. Intraday support is at 17,715.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly higher, despite largely lower Asian markets today and mixed US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
The range-bound movement continued in Nifty on Monday. Nifty is expected to move up in the mid to later part of the session. Intraday support is at 17,600 levels.
Catch the mid-market details with Nagaraj Shetti.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Saumil Gandhi.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Indian markets could open mildly higher, despite mixed Asian markets today and in line with higher US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Weakness continued with range-bound movement on Friday. Immediate support is at 17,580-17,550 levels.
Catch the mid-market details with Nagaraj Shetti.
For two consecutive days, we have seen a tight high-low range for the Nifty. It could soon expand its high-low range. Nifty could stay in the 17,557-17,729 band for the near term.
Listen to the D-Street Details with Devarsh Vakil.
The range-bound movement continued in Nifty, which is currently trading on a flat note. Intraday support is at 17,560.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly higher, in line with muted Asian markets today and flat US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
Consolidation movement continued in Nifty so far today. Intraday support is placed at 17,600 levels.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly lower, in line with mostly lower Asian markets today and flat US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
After showing sharp weakness on Monday, Nifty shifted into a follow-through weakness with range-bound movement so far today. Intraday support is at 17,650.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open mildly lower, in line with mostly lower Asian markets today and despite mildly higher US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty broke nine sessions of continuous upmove on Monday and slipped into sharp weakness. Intraday resistance is to be watched at 17,740 levels.
Catch the mid-market details with Nagaraj Shetti.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Saumil Gandhi.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Indian markets could open lower, in line with muted Asian markets today and lower US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty broke 8 consecutive sessions of upside rally on Thursday and is currently trading lower by 77 points. Intraday support is at 17,680 levels.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
Upside momentum with range-bound action continues. Nifty is in an attempt of an upside breakout of crucial hurdle at 17,800 levels.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly higher, in line with mixed Asian markets today and mixed US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty continued its upside momentum amidst choppy action. The range-bound movement with positive bias is likely to continue for the day. Intraday support is at 17,600 levels.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open mildly higher, in line with largely higher Asian markets today and higher US markets on Thursday.
The upside momentum continued in the market after the post-outcome of RBI’s mid-quarter policy review meet today. Intraday support is at 17,500 levels.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly lower, in line with lower Asian markets today and mostly lower US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
After showing a consolidation-type movement on Monday, Nifty continued its upward journey amidst a range movement so far today. The immediate hurdle is at 17,550-17,600 levels and Intraday support is placed at 17,440.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open mildly higher, in line with mixed Asian markets today and despite lower US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil..
After witnessing a sharp upmove on Friday, Nifty shifted into consolidation with a weak bias so far today. Intraday support is at 17,300 levels.
Catch the mid-market details with Nagaraj Shetti.
Nifty broke out upwards on March 31 aided by positive global cues and year end buying. At close, Nifty was up 1.63% or 279.1 points at 17,359.8. Nifty rose smartly on March 31 with an upgap (above the highs of the previous 4 sessions).
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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty has broken out from the crucial resistance of 17,207 and sustaining above it. Technically, Nifty has formed a higher top and higher bottom on the daily chart. There is an unfiled gap between 17,126 to 17,204 which is expected to act as a support in Nifty.
Catch the mid-market details with Vinay Rajani.
Indian markets could open higher, in line with higher Asian markets today and positive US markets on Wednesday and Thursday.
Listen to the D-Street Details with Devarsh Vakil.
For the last four consecutive sessions, Nifty has been consolidating in the narrow range. Nifty small cap and mid cap indices are outperforming the benchmark indices today. Trend of the market is expected to remain bullish for the day. Stoploss in longs should be kept at 16,900.
Catch the mid-market details with Vinay Rajani.
Indian markets could open flat to mildly higher, in line with largely higher Asian markets today and despite lower US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty is consolidating in the narrow range for the last three trading sessions and the range is getting contracted gradually. Support for the Nifty is seen at 16,900 odd levels, below which selling pressure can intensify.
Catch the mid-market details with Vinay Rajani.
Indian markets could open mildly higher, in line with largely higher Asian markets today and mostly higher US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
The trend of the market is expected to remain bullish for the day in the large-cap segment. Traders should avoid trading longs in the mid- and small-cap segments today. Intraday resistances for the Nifty are seen at 17,063 and 17,182. Supports for the Nifty are seen at 16,975 and 16,917.
Catch the mid-market details with Vinay Rajani.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Saumil Gandhi.
Indian markets could open higher, despite mixed Asian markets today and in line with higher US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty mid cap and small cap indices are trading down by 0.28% and 0.37%. Intraday resistances for nifty are seen at 17,109 and 17,173. Intraday Support for the Nifty is seen at 16,995. Trend of the market is expected to remain rangebound with slightly positive bias for rest of the session.
Catch the mid-market details with Vinay Rajani.
Indian markets could open flat to mildly lower, in line with range bound and mixed Asian markets today and despite higher US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
Resistance for Nifty is seen at 17,207, which happens to be the high of yesterday’s high. Intraday supports for Nifty are seen at 17,125 and 17,056. Trend of the market is expected to remain bullish for the rest of the session.
Catch the mid-market details with Vinay Rajani.
Indian markets could open flat to mildly lower, in line with range bound and mixed Asian markets today and despite sharply lower US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
Yesterday Nifty formed a higher top preceded by higher bottom on daily line chart, which indicates first sign of bullish trend reversal. Intraday support for Nifty is seen at 17,100. Band of 17,250-17,300 could act as a resistance in the near term for Nifty. Catch the mid-market details with Vinay Rajani.
Indian markets could open mildly higher, in line with positive Asian markets today and sharply higher US markets on Tuesday. Listen to the D-Street Details with Devarsh Vakil.
After yesterday’s sharp recovery in last one hour, Nifty is consolidating today. All Asian Markets are trading in green today. Looking at the global markets and technical setup, markets are likely to remain strong for rest of the session. Catch the mid-market details with Vinay Rajani.
Indian markets could open mildly higher, in line with largely positive Asian markets today and higher US markets on Monday. Listen to the D-Street Details with Devarsh Vakil.
Previous swing low for Nifty is 16,850 which can act as a short-term support. Below 16,850, Nifty could slide towards next support of 16,747. Catch the mid-market details with Vinay Rajani.
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Nifty could now continue the bounce and head towards 17,255-17,353 band while 16,855 could offer support. Investor wariness about a potential banking crisis despite a lifeline offered, could restrict a fast upmove. Unexpected outcome of the US Fed meet could bring some turbulence in the markets. Listen to the D-Street Details with Nandish Shah.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
On Intraday charts, Nifty has been forming higher tops and higher bottoms, which indicates that market could remain bullish for rest of the session. Intraday resistances for Nifty are seen at 17,081 and 17,145, while supports for the same are seen at 16,990, 16,950 and 16,910. Traders are advised to cut shorts and go long for rest of the session.
Catch the mid-market details with Vinay Rajani.
Nifty snapped a five day fall in a volatile session on March 16. In the process, it rebounded from the brink of a technical correction (10% fall from the recent high, which is also the all-time high). At close, Nifty was up 0.08% or 13.5 points at 16,985.6. Nifty formed a long legged doji after a fall, hinting at a short-term reversal to upside. It could rise towards 17,224 over the next few days.
Listen to the D-Street Details with Nandish Shah.
Today is the 6th consecutive session when Indian benchmark indices have been falling. During the day, we can expect some recovery from the lower levels. A level of 17,050 can act as intraday resistance. However, the positional trend is still bearish.
Indian markets could open flat to mildly higher, in line with mixed Asian markets today and despite mostly lower US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty made a day’s high at 17,211 in the first 5 min of trade and turned south. Nifty Small cap Index is up by more than 1% and is outperforming the Nifty with good margin. Nifty has got resistances at 17,255, while Support for the same is seen at 16,987. Catch the mid-market details with Vinay Rajani.
Indian markets could open higher, in line with positive Asian markets today and sharply higher US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
At present Nifty is trading near day’s low with 110 points loss. Nifty Small cap Index is down by 0.8% and has reached at the lowest point since 22 July 2022. Resistances for Nifty are seen at 17,123 and 17,224. Catch the mid-market details with Vinay Rajani.
Nifty fell for the third consecutive session on March 13, pulled down by banking issues in the U.S. At close, Nifty was down 1.49% or 258.6 points at 17,154.3. Nifty ended at the lowest since mid-October. A breach of 17,087 level on the Nifty could result in a fall towards 16,747. Listen to the D-Street Details with Devarsh Vakil.
Nifty Partially filled the gap which was formed on 10th March between 17,451 and 17,574. Support for the Niffy is seen in the range of 17,300-17,325. Positional support for the Nifty is seen at 17,000 odd levels. Catch the mid-market details with Vinay Rajani.
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A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Nifty fell on Friday as expected with a gap down but did not close at the intra-day low. Key data points to watch out for in the coming week include India CPI on Monday, US CPI on Tuesday, and US retail sales on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
After showing sharp weakness on Thursday, Nifty continued with follow-through declines so far today. Intraday resistance is placed at 17,450 levels.Catch the mid-market details with Nagaraj Shetti.
Indian markets could open lower, in line with negative Asian markets today and sharply lower US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
After showing intraday upside recovery from the lows on Wednesday, Nifty continued with weakness with choppy movement so far today. Immediate support is at 17,600 levels. Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat, in line with rangebound Asian markets today and mixed US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
After showing a sharp upmove in the previous two sessions, Nifty slipped into weakness so far today. Immediate support is at 17,600 levels. Catch the mid-market details with Nagaraj Shetti.
Indian markets could open lower, in line with negative Asian markets today and lower US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Saumil Gandhi.
The sharp upside momentum continued in Nifty for the second consecutive sessions. A sustainable move above 17,800 is likely to bring more upside in the short term. Catch the mid-market details with Nagaraj Shetti.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Indian markets could open higher, in line with mostly higher Asian markets today and higher US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty has reached short term resistance of its 200 days EMA, currently placed at 17,581. Sustainable level above 17,581 could extend the gains towards 17,637 odd levels. Intraday support of the Nifty is seen at 17,500. Market is likely remain bullish for the rest of the session.Catch the mid-market details with Vinay Rajani.
Indian markets could open higher, in line with positive Asian markets today and higher US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty is facing stiff resistance at its 5 days EMA for last three consecutive sessions. Above 17,500 Nifty could find further momentum on the upside. BankNifty has continued its outperformance and is currently trading almost flat. Trend for the days seems sideways for the benchmark indices.Catch the mid-market details with Vinay Rajani.
Indian markets could open mildly down, in line with mostly lower Asian markets today and largely negative US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
BankNifty has continued its outperformance and is trading at 6 day’s high. Above 17,450, Nifty could move up to 17,600. BankNifty is expected to extend the gains towards 41,100 odd levels in spot. Trend of the Asian markets is bullish, and the same is going to add further strength in the Indian markets today.Catch the mid-market details with Vinay Rajani.
Indian markets could open flat to mildly down, in line with mostly rangebound Asian markets today and despite lower US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has failed to sustain the bounce back seen on Monday and has corrected from the highs of today. Further weakness could be seen if the support of 17,339 is broken. Catch the mid-market details with Subash Gangadharan.
Nifty could stay in the 17,299-17,517 band for the near term.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has resumed the downtrend and has broken the 200-day SMA today. Further weakness could be seen if the support of 17,299 is broken.
Catch the mid-market details with Subash Gangadharan.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Saumil Gandhi.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Indian markets could open flat, in line with mostly rangebound Asian markets today and despite lower US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty has resumed the downtrend after a positive opening. Further weakness could be seen if the support of 17,405 is broken.
Catch the mid-market details with Subash Gangadharan.
Indian markets are likely to open higher in line with positive Asian markets and higher US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has resumed the downtrend after a bounce from the lows. Further weakness could be seen if the support of 17,535 is broken.Catch the mid-market details with Subash Gangadharan.
Our markets are likely to open higher in line with rising Asian markets. Expiry related actions will dictate market movement today as February month’s derivative contracts will expire. Foreigners have short position in Index, and it is to be seen whether they let it expiry or roll it over to march month. Listen to the D-Street Details with Devarsh Vakil.
Nifty has witnessed continued selling pressure. Further weakness could be seen if the support of 17,560 is broken.
Catch the mid-market details with Subash Gangadharan.
Support for the Nifty is seen at its previous swing low of 17,719, below which bearish trend would find momentum. Resistance has shifted down to 18,000 odd levels in the Nifty. Listen to the D-Street Details with Devarsh Vakil
Nifty has witnessed some selling from the highs. Further weakness could be seen if the support of 17,817 is broken.Catch the mid-market details with Subash Gangadharan.
Markets are likely to open muted, in line with Asia pacific markets and US futures.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has witnessed some selling from the highs. Further weakness could be seen if the support of 17,883 is broken.
Catch the mid-market details with Subash Gangadharan.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Saumil Gandhi.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Indian markets are likely to open higher, with midcaps hogging the limelight for a couple of sessions in absence of overnight US cues tomorrow.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty has witnessed some selling from the highs. While the underlying trend remains up, further weakness could be seen if the support of 17,912 is broken. Catch the mid-market details with Subash Gangadharan.
Indian markets could open lower, in line with mostly negative Asian markets today and lower US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has witnessed some selling from the highs. While the underlying trend remains up, short term weakness could be seen if the support of 18,052 is broken.Catch the mid-market details with Subash Gangadharan.
Indian markets could open mildly higher, in line with mostly positive Asian markets today.
Listen to the D-Street Details with Devarsh Vakil.
Nifty is trading in a range between the 17,904-17,960 levels. Further directional cues are likely to emerge on a move beyond this range. Catch the mid-market details with Subash Gangadharan.
Indian markets could open lower, in line with negative Asian markets today and mixed US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has bounced back smartly after holding above Monday's lows. Further upsides are likely once the immediate resistance of 17,926 is taken out.Catch the mid-market details with Subash Gangadharan.
Indian markets could open flat to mildly higher, in line with largely positive Asian markets today and higher US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has broken Friday's lows and is trading with a weak bias. Further downsides are likely once the immediate support of 17,719 is broken.Catch the mid-market details with Subash Gangadharan.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Saumil Gandhi.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Indian markets could open mildly lower, in line with largely negative Asian markets today and despite higher US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty is now stuck in a range between the 17,801-17,888 levels. Further directional cues are likely to emerge on a move beyond this range.Catch the mid-market details with Subash Gangadharan.
Nifty made another higher bottom on Feb 09 in the short-term time frame. It could now face resistance from the 17,972-18,016 band while the 17,652-17,721 bands could offer support in the near term. Listen to the D-Street Details with Nandish Shah.
Nifty is now stuck in a range between the 17,779-17,888 levels. Further directional cues are likely to emerge on a move beyond this range.Catch the mid-market details with Subash Gangadharan.
Nifty rose for the third consecutive session helped by largely positive global cues post the remarks by Fed Chair Powell on Tuesday night. At close, Nifty was up 0.85% or 150.2 points at 17,871.7. RBI’s MPC decided to hike the repo rate by 25 basis points to 6.50%, as expected. 7 out of 10 Adani group stocks ended in positive improving market sentiments. Nifty seems to have made a higher bottom on Feb 07 in a short-term time frame. It could now face resistance from the 17,972-18,016 band while the 17,652-17,721 bands could offer support in the near term.
Listen to the D-Street Details with Nandish Shah.
Nifty has now broken out of an intraday trading range. Further upsides are likely once the immediate resistance of 17,880 is taken out.Catch the mid-market details with Subash Gangadharan.
Nifty fell for the second consecutive session on Feb 07, though recovering some of the early afternoon losses. At close, Nifty was down 0.24% or 43.1 points at 17,721.5. Nifty formed a lower top for the second consecutive day. It shows a large amount of intraday volatility. Listen to the D-Street Details with Nandish Shah.
Nifty has now broken down from an intraday trading range. Further downsides are likely once the immediate support of 17,656 is broken.
Catch the mid-market details with Subash Gangadharan.
Nifty could now stay in the 17,870-17,654 band in the near term. Indian markets could open higher, in line with mostly higher Asian markets today.
Listen to the D-Street Details with Devarsh Vakil.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Saumil Gandhi.
Nifty is now stuck in an intraday range between the 17,700-17,760 levels. Further directional cues are likely to emerge on a move beyond this range. Catch the mid-market details with Subash Gangadharan.
Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Indian markets could open mildly higher, despite mixed Asian markets today and higher US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty is now stuck in a range between the 17,445-17,654 levels. Further directional cues are likely to emerge on a move beyond this range. Catch the mid-market details with Subash Gangadharan.
US Fed raised its policy interest rate by 25 basis points, as widely expected, while signaling only a few more might be needed in its inflation fight. This may be good news for the global equities. Nifty continues to face resistance at around 17,760 levels, while support levels have now fallen to 17,353. Listen to the D-Street Details with Devarsh Vakil.
After showing a gradual upside in the last couple of sessions, Nifty witnessed a sharp upmove so far today, post presentation of Union Budget 2023. Intraday resistance is at 18,050 levels. Catch the mid-market details with Nagaraj Shetti.
Indian markets could open higher, in line with mostly higher Asian markets today and sharply higher US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
After showing high volatility on Monday, Nifty displayed choppy movement so far today, which is ahead of key economic event-Union Budget 2023 tomorrow. Intraday support is at 17,520 levels.
Catch the mid-market details with Nagaraj Shetti.
US stocks declined on Monday as investors turned cautious going into an eventful week that includes the Federal Reserve’s rate decision and a slew of big-tech earnings.
Ahead of the Union Budget/US Fed meet outcome, the markets could remain volatile with an upward bias for the next few sessions.
17,760 could be the resistance for the Nifty while 17,493-17,542 band could offer support.
Indian markets could open higher, in line with mostly higher Asian markets today and despite negative US markets on Monday.
After showing sharp weakness in the last couple of sessions, Nifty witnessed high volatility so far today.
A weekly wrap-up of currency markets.
Check out the podcast on currency by Dilip Parmar.
U.S. stocks finished higher Friday, with the technology-heavy Nasdaq Composite booked a fourth straight week of gains, its longest weekly win streak since August.
Indian benchmark equity gauges Sensex and Nifty hit their over three-month lows on Friday, dragged by massive selling mainly in Adani group and banking stocks. At close, Nifty was down by 288 points or 1.61% at 17,604. Above 17,761, resistance for Nifty is seen at 18,000. Below 17,493, Nifty could extend its fall towards the next support of 17,350.
The coming week is full of events. Apart from the balance Q3 corporate results, we have the Union Budget on Feb 01 and the US Fed meeting on the same day. The completion of Adani Enterprise FPO on Jan 31 is another event that could impact the price trends of Adani group stocks.
Indian markets could open mildly higher today.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Nifty continued with sharp weakness for second consecutive session today.
Intraday resistance is placed at 17,680. Catch the mid-market details with Nagaraj Shetti.
Stocks ended the day in the green on Thursday with the S&P 500 ending at the highest level since early December, as the markets digested Q4 GDP growth, which was higher than expected.
Nifty fell sharply on Jan 25th after short seller Hindenburg raised concerns over the Adani group’s debt position. At close, Nifty was down 1.25% or 226.4 points at 17,891.9.
Nifty seems to have given a fresh breakdown. The 17,761-17,774 band is the immediate support for Nifty below which the downtrend could accelerate. On upmoves, 18,145 could prove to be a resistance.
Indian markets could open mildly higher, in line with higher US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
After showing range bound movement in the last few sessions, Nifty slipped into sharp weakness so far today. Immediate supports to be watched around 17,800 levels.
Catch the mid-market details with Nagaraj Shetti.
U.S. stocks closed mixed on Tuesday as investors followed the latest batch of company earnings, which reflected downbeat outlooks that could possibly foretell a coming recession. Dow Jones Industrial Average still finished over 100 points higher for the third consecutive day of gains.
Nifty closed flat on January 24th. 18,180-18,259 band is proving tough for the Nifty to break.
The Nifty has formed higher lows over the past two days. 18,016 could be a support in the near term.
Indian markets could open lower, in line with mixed Asian markets today and mixed US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil
The choppy movement continued in the market and Nifty struggled to sustain the opening gains today as it slipped into weakness from the day’s high.
Listen to the Mid-day Market Commentary by Nagaraj Shetti.
The Nasdaq Composite led stocks to a higher finish on Monday. Easing recession fears and hopes of a less aggressive Federal Reserve buoyed sentiments.
The U.S. leading economic index sank 1% in December and flashed even stronger signals that a recession is likely soon.
Nifty has been forming a descending triangle pattern on the daily chart with multiple bottoms in the range of 17,750-18,180 range. For a sustained directional move, Nifty has to break out on either side of the range on a closing basis.
Indian markets could open higher, in line with higher Asian markets today and positive US markets on Monday.
After showing weakness with choppy movement on Friday, Nifty shifted into an upmove with range bound action so far today. Intraday support is at 18,060 levels. Catch the mid-market details with Nagaraj Shetti.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Indian markets could open higher, in line with higher Asian markets today and sharply higher US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
After showing weakness with range bound movement, Nifty continued with choppy movements so far today. Intraday resistance is at 18,150 levels.Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today.
Listen to the D-Street Details with Devarsh Vakil.
Nifty slipped into weakness so far today after post sustainable upside bounce of the last two sessions. Intraday resistance is at 18,170.
Catch the mid-market details with Nagaraj Shetti.
Nifty has managed to build on the gains of the previous day. Now it could face resistance from 18,265 while the 18,049-18,072 bands could provide support. Listen to the D-Street Details with Nandish Shah.
Nifty continued with follow-through upmove so far today amidst range movement. Intraday support is at 18,100.
Catch the mid-market details with Nagaraj Shetti.
In current up move, Nifty could find resistance at 18,141-18,265 band. On falls, 17,926-17,972 bands could provide support. Any level above 18,265, would start a new positional up-trend in Nifty. Listen to the D-Street Details with Nandish Shah.
Nifty sustained its early part gains so far today. There is a possibility of further upside in the mid to later part of the session. Intraday support is placed at 17,950-17,900 levels. Catch the mid-market details with Nagaraj Shetti.
Nifty once again failed to build on to gains. It could stay in the 17,994-17,774 band in the near term. A break out from this small range will lead to a sharp move in either direction. Listen to the D-Street Details with Nandish Shah.
After showing an upside bounce from the lows on Friday, Nifty struggled to sustain the opening gains so far today and slipped into weakness. Intraday support is at 17,860. Catch the mid-market details with Nagaraj Shetti.
Nifty seems headed towards 18,127-18,256 band over the next few sessions provided the 17,774 level is protected.
Indian markets could open flat to mildly higher.
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Nifty witnessed an upside recovery from early part weakness so far today and is currently trading higher. Immediate resistance is at 17,950.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open higher, in line with mostly higher Asian markets today and positive US markets on Thursday.
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After showing consolidation-type movement yesterday, Nifty slipped into weakness amidst a range movement so far today. Intraday resistance is at 17,850-17,900 levels. Catch the mid-market details with Nagaraj Shetti.
Indian markets could open mildly higher, in line with mostly higher Asian markets today and positive US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
After showing sharp weakness on Tuesday, Nifty shifted into a consolidation mode so far today. Intraday hurdle is at 18,000 levels.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open mildly higher, in line with mostly higher Asian markets today and positive US markets on Tuesday.
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After showing a sustainable upside bounce on Monday, Nifty witnessed a reversal on the downside so far today and is now trading lower. Immediate resistance is at 18,050 levels. Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly lower, in line with mixed Asian markets today and mixed US markets on Monday.
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After showing weakness in the last three sessions, Nifty witnessed a sharp upside bounce so far today. The opening upside gap remains unfilled. Intraday support is at 18,050 levels.
Catch the mid-market details with Nagaraj Shetti.
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Indian markets could open higher, in line with positive Asian markets today and sharply higher US markets on Friday.
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Weakness with range bound movement continued in Nifty so far today. The next lower supports to be watched for short term is around 16,800 levels.
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Indian markets could open flat, in line with mixed and rangebound Asian markets today.
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After showing sharp weakness on Wednesday, Nifty continued with follow-through weakness as of now. Immediate support is at 17,950 levels.Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly higher.
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After showing range bound movement with positive bias in the last few sessions, Nifty slipped into sharp weakness so far today. Next lower supports to be watched at 17,960 levels.
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A move above 18,265 could result in a faster upmove while a breach of 18,080 could lead to fresh down move.
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The consolidation movement continued in Nifty on Tuesday and is currently trading lower by 15 points. Having placed near support, there is a possibility of an upside bounce from the lows.Catch the mid-market details with Nagaraj Shetti.
Indian markets could open flat to mildly lower, in line with mostly lower Asian markets today.
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Nifty witnessed upside bounce so far with range bound action.
Intraday support is placed at 18,100.
Traders - be cautious on the index front in January
U.S. stocks ended lower Friday, booking their worst annual losses since 2008. The Dow dropped 8.8% in 2022, while the S&P 500 tumbled 19.4% and the technology-heavy Nasdaq plunged 33.1%.
US markets will be closed Monday in observance of the New Year’s Day holiday, which falls on Sunday.
Nifty has formed a bearish pattern on the charts, long side traders need to be cautious on the nifty front for this month.
17,774 now becomes an important support level to track. On up moves, 18,255-18,473 band remains a crucial resistance.
Indian markets could open flat to mildly lower.
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After showing upside bounce from the lows on Thursday, Nifty shifted into a consolidation as of now. Intraday support is placed at 18,150.
Catch the mid-market details with Nagaraj Shetti.
Indian markets could open higher, in line with mostly higher Asian markets today and positive US markets on Thursday.
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50 days EMA for Nifty is placed at 18,160, odd levels and that can act as a strong resistance for the day. Intraday supports for the Nifty are seen at 17,992 and 17,964.
Catch the mid-market details with Vinay Rajani.
Indian markets could open lower, in line with mostly lower Asian markets today and negative US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
50 days EMA for Nifty is placed at 18,165, odd levels and that can act as a strong resistance for the day. Above 18,165, Nifty could extend the gains towards 18,198 and 18,264. Catch the mid-market details with Vinay Rajani.
Indian markets could open lower, in line with mostly lower Asian markets today and negative Nasdaq composite index in the Us on Tuesday.
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50 days EMA for Nifty is placed at 18,163, odd levels and that can act as a strong resistance for the day. Intraday support for the Nifty is seen at 17,950. Markets are expected to remain stock specific bullish today.Catch the mid-market details with Vinay Rajani.
Indian markets could open mildly higher, in line with higher Asian markets today.
Listen to the D-Street Details with Devarsh Vakil.
Nifty opened up by 24 points at 17,830. Post opening, Nifty continued its upward journey and extended the price towards 18,006, adding more than 200 points from day’s low of 17,774. Support for Nifty are seen at 17,900 odd levels.
Catch the mid-market details with Vinay Rajani.
Nifty seems headed towards 17,730. 18,133 may be tough to cross on the upside.
Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today and despite higher US markets on Friday.
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Short term technical setup of Indian benchmark indices have turned bearish and it would be better to stay away from catching a falling knife. Next supports for the Nifty is seen at 17,774 and 17,671. Catch the mid-market details with Vinay Rajani.
Indian markets could open lower, in line with lower Asian markets today and negative US markets on Thursday.
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Nifty and BankNifty have violated its 50 days EMA support. Nifty has also violated the support derived from previous swing high of 18,100. Breadth of the market is extremely weak with 1:10 adv-dec ratio in NSE.
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Indian markets could open higher, in line with higher Asian markets today and sharply positive US markets on Wednesday.
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Yesterday’s low of 18,202 has become a strong support for the Nifty and till that breaks view remains bullish on the Nifty for short term. Intraday resistance for Nifty is seen at 18,450, while supports for the same are seen at 18,330 and 18,257. Catch the mid-market details with Vinay Rajani.
Indian markets could open higher, in line with mostly higher Asian markets today and positive US markets on Tuesday.
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On hourly charts, lower tops and lower bottoms are intact, which indicates short term down trend. Nifty Intraday resistances are seen at 18,365 and 18,486. Intraday Supports for the Nifty are seen at 18,178 and 18,112. Catch the mid-market details with Vinay Rajani.
Indian markets could open flat to mildly lower, in line with mostly lower Asian markets today and lower US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
On hourly charts, lower tops and lower bottoms are intact, which indicates short term down trend. Nifty has got strong resistance at 18,450. Supports for the Nifty are seen at 18,321 and 18,244. Catch the mid-market details with Vinay Rajani.
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Indian markets could open flat to mildly higher, in line with mixed Asian markets today and despite lower US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Technically, Nifty has formed lower top and lower bottom on the daily chart, which is a bearish sign for the short term. Intraday rallies should be utilized to lighten long commitments. Catch the mid-market details with Vinay Rajani.
Indian markets could open mildly lower, in line with largely negative Asian markets today and sharply lower US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
BankNifty has formed lower top and lower bottom formation on intraday charts and expected to witness further fall in the short term. Next support for banknifty is seen at 43,500. Support for Nifty is seen at 18,500, below which it could slide towards 18,410. Catch the mid-market details with Vinay Rajani.
US stocks closed lower in volatile trading on Wednesday following a policy announcement by the Federal Reserve that raised interest rates by an expected 50 basis points, but its economic projections see higher rates for a longer period.
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Resistance for Nifty is seen at 18,730, above which it is likely to march towards new all-time high. Intraday Supports for the Nifty are seen at 18,653 and 18,581. Catch the mid-market details with Vinay Rajani.
Indian markets could open higher, in line with largely positive Asian markets today and higher US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
Today BankNifty has hit fresh all time high of 43,978 and hovering around those levels right now. Resistance for Nifty is seen at 18,664, while support for the same is seen at 18,345. Catch the mid-market details with Vinay Rajani.
Indian markets could open mildly higher, in line with mildly positive Asian markets today and higher US markets on Monday.
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On breach of today’s low of 18,345, Nifty is expected to fall further towards next support of 18,100.
Catch the mid-market details with Vinay Rajani.
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US S&P 500 Index recorded its worst return in five weeks, while the small-cap Russell 2,000 Index endured its worst week since late September.
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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week by Devarsh Vakil.
For last two trading sessions, 18,500 is acting as a support for the Nifty. Far support is seen at 18,442, which happens to be previous swing high on the Nifty chart. Catch the mid-market details with Vinay Rajani.
U.S. stock indexes were higher in the last hour of trade on Thursday, with the S&P 500 attempting to snap a five-session streak of losses.
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Support for the Nifty is seen at 18,442, which happens to be previous swing high on the chart. Traders are advised to either wait for 18,442 support or should wait for 18,730 to be taken out for initiating fresh long positions.Catch the mid-market details with Vinay Rajani.
Nifty is now headed towards 18,442 in the near term. On upmoves 18,591 could offer resistance.
Listen to the D-Street Details with Nandish Shah.
Traders are advised to either wait for 18,445 support or should wait for 18,730 to be taken out for initiating fresh long positions. Below 18,564, Nifty could extend its fall towards the next support of 18,445.Catch the mid-market details with Vinay Rajani.
Indian markets could open flat to mildly lower, in line with mostly lower Asian markets today and negative US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
Nifty has witnessed a correction of more than 300 points from the recent swing high of 18,887. Support for the Nifty is seen at 18,442, which happens to be previous swing high on the daily chart. Catch the mid-market details with Vinay Rajani.
Indian markets could open mildly lower, in line with mostly lower Asian markets today.
Listen to the D-Street Details with Devarsh Vakil.
Nifty is consolidating in the range. Major move is seen in Smallcap segment where Nifty Smallcap Index is up by 0.7% today and outperforming the Nifty with good margin.Catch the mid-market details with Vinay Rajani.
Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today and despite mostly lower US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
After showing upmove over the last 8 sessions the Nifty slipped into profit booking mode on Friday. Next lower supports to be watched at 18,560.Catch the mid-market details with Nagaraj Shetti.
Indian markets could open mildly lower, in line with mostly lower Asian markets today and mixed US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
Today’s is the 8th consecutive session, when Nifty is trading in green. Catch the mid-market details with Vinay Rajani.
Nifty could now rise gradually with some minor corrections thrown in between. On falls 18,614-18,678 band could provide support.
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With the Nifty moving up further, further upsides are likely once the immediate resistance of 18,680 is taken out. Catch the mid-market details with Subash Gangadharan.
Indian markets could open flat, in line with rangebound Asian markets today and despite mildly lower US markets on Tuesday.
Listen to the D-Street Details with Devarsh Vakil.
With the Nifty moving up further, further upsides are likely once the immediate resistance of 18,673 is taken out. Catch the mid-market details with Subash Gangadharan.
Indian markets could open flat to mildly lower, in line with mixed Asian markets today and despite sharply lower US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
With the Nifty moving up further, further upsides are likely once the immediate resistance of 18,605 is taken out. Weakness could emerge if the support of 18,572 is broken.Catch the mid-market details with Subash Gangadharan.
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Indian markets could flat to mildly higher, on lower Asian markets today and in line with flat US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
With the Nifty moving up further, further upsides are likely once the immediate resistance of 18,533 is taken out. Weakness could emerge if the support of 18,445 is broken. Catch the mid-market details with Subash Gangadharan.
US markets were shut on Nov 24th due to Thanksgiving holiday. European stocks gained on Nov 24th touching 3-month highs and the dollar fell after Federal Reserve meeting minutes showed support for more moderate interest-rate increases.
Nifty could now head towards its all-time high of 18,604 while 18,325-18,410 band could provide support.
Indian markets could open flat to mildly lower, in line with mostly lower Asian markets today. US markets were shut on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
With the Nifty moving up further, further upsides are likely once the immediate resistance of 18,397 is taken out. Weakness could emerge if the support of 18,360 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stock indexes finished higher for a second day on Wednesday in a choppy session after the latest meeting minutes from the Federal Reserve showed most policy makers expect a slower pace of interest rate hikes will “soon be appropriate”, even if they are uncertain how high the benchmark rate will rise.
Broad market indices did better than the Nifty even as the advance decline ratio improved.
Release of US Fed meeting minutes has raised hopes of milder rate increases going ahead.
Nifty could trade in the 18,179-18,344 band for the near term with dip buying seen to be prevalent.
Listen to the D-Street Details with Devarsh Vakil.
With the Nifty moving up further, further upsides are likely once the immediate resistance of 18,325 is taken out. Weakness could emerge if the support of 18,251 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks ended higher on Tuesday as Wall Street continued to expect the Fed to downshift their tightening pace next month.
Nifty snapped a three-day losing streak and ended in the positive on Nov 22 nd aided by encouraging global cues.
Nifty recovered on Nov 22nd, as expected and could rise some more.
The next resistance for Nifty is the 18,273-18,308 band while 18,133 could offer support on falls in the near term.
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With the Nifty bouncing back, further upsides are likely once the immediate resistance of 18,226 is taken out. Weakness could emerge if the support of 18,137 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks finished lower on Monday for the third time in the past four trading sessions, as a fresh round of COVID-19 shutdowns in China rattled investors.
Nifty could now take support of 18,103 and bounce up a bit.
Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today and despite lower US markets on Monday.
Listen to the D-Street Details with Devarsh Vakil.
With the Nifty breaking its recent supports, the short term trend is now down. Further downsides are likely once the immediate support of 18,145 is broken. Catch mid-market details with Subash Gangadharan.
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US stocks ended with a slight gain on Friday after shrugging off Federal Reserve warnings.
Cues from the US Fed members hinting at continued rate hikes on Thursday pricked sentiments globally. Nifty could now find support at the 18,044-18,103 band while 18,409 could act as a resistance in the near term.
Indian markets could open lower, in line with mostly lower Asian markets today and despite mildly higher US markets on Friday.
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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
With the Nifty breaking its recent supports, the short-term trend is now down. Further downsides are likely once the immediate support of 18,220 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks ended lower on Thursday to log their first back-to-back losses in two weeks.
The pound dropped after Chancellor Jeremy Hunt outlined a £55 billion ($65 billion) package of tax rises and spending cuts even as the economy slid into recession.
Japan’s core consumer price index for October rose 3.6% compared to a year ago, higher than expected and at the fastest pace in 40 years.
As expected, Nifty fell and could remain in the 18,259-18,442 band.
Indian markets could open flat to mildly higher today.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected from the highs, the near-term trend remains up.
Further upsides are likely once the immediate resistance of 18,418 is taken out. Weakness could emerge if the support of 18,350 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks finished lower on Wednesday following a big profit miss at a big-box retailer Target.
Nifty is witnessing narrow range trade over the last four sessions with the close over these days being in an 80-point band. Nifty could trade in the 18,458-18,179 band for the near term.
Indian markets could open mildly lower, in line with largely negative Asian markets today and lower US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected from the highs, the near-term trend remains up.
Further upsides are likely once the immediate resistance of 18,442 is taken out. Weakness could emerge if the support of 18,354 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks closed higher on Tuesday, but off the session’s best levels. The Dow turned negative earlier in the session after the Associated Press reported that Russian missiles crossed into Poland and killed two people, ratcheting up geopolitical tension given Poland is a NATO country.
Nifty recovered well on Nov 15th from the morning weakness. Nifty could now face resistance in the 18,458-18,543 band while 18,259-18,282 band could offer support in the near term.
Indian markets could open flat to mildly lower, in line with mixed and rangebound Asian markets today.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected from the highs, the near-term trend remains up.
Further upsides are likely once the immediate resistance of 18,378 is taken out. Weakness could emerge if the support of 18,282 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks finished near session lows after giving up all of their earlier gains on Monday.
Today is last day for Q2FY23 results and markets could then focus on overall sentiments vs stock specific action. Nifty could take support from 18,202-18,259 band while 18,399 could offer resistance in the near term.
Indian markets could open mildly higher, in line with largely positive Asian markets today.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected from the highs, the near-term trend remains up.
Further upsides are likely once the immediate resistance of 18,399 is taken out. Weakness could emerge if the support of 18,318 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks ended higher on Friday, with the technology-heavy Nasdaq Composite scoring its biggest weekly gain since March.
For the week, the Dow rose 4.1%, the S&P 500 gained 5.9% and the Nasdaq jumped 8.1%.
The MSCI emerging markets index jumped 5.19%, in its biggest single-day surge since March.
Nifty rose sharply on Nov 11, hitting fresh 52-week highs post the soft CPI data coming out of the US.
Nifty could now rise towards the 18,458-18,604 band in the near term while the 18,179-18,255 band could provide support.
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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
With the Nifty breaking out to new highs, the near-term trend remains up.
Further upsides are likely once the immediate resistance of 18,349 is taken out. Weakness could emerge if the support of 18,282 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks finished sharply higher on Thursday, logging their biggest single-session rally in more than two years on data suggesting inflation may be peaking.
India’s IIP is seen rising to 2.3 percent in September. The data is due this evening.
Triggered by the gains in the US markets overnight, Nifty may rise to 18,342-18,410 band.
Listen to the D-Street Details with Devarsh Vakil.
With the Nifty breaking its near term supports, the near-term trend is down. Further downsides are likely once the immediate support of 17,973 is broken.Catch the mid-market details with Subash Gangadharan.
US stocks finished sharply lower, near session lows on Wednesday.
Investors also have been monitoring a fresh crypto wobble.
FPI buying seems to have thinned out at higher levels.
On rises, Nifty could face resistance at 18,296-18,350 band while 17,910 could offer support on downmoves.
Indian markets could open lower, in line with negative Asian markets today and lower US markets on Wednesday.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected from the highs, the short-term trend remains up.
Further upsides are likely once the immediate resistance of 18,203 is taken out. Further weakness could emerge if the support of 18,167 is broken.
US equity markets rose and the dollar slid on Monday as investors embraced the idea that China may ease COVID restrictions.
Over the past three trading days, the Dollar Index is down 2.5%, and is now at its lowest level since Sept. 20th. This helps push up prices of metals and precious metals.
Indian markets could open higher, in line with gains made by the Asian and US markets over two days. Nifty now face resistance from the 18,342-18,500 band in the near term.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected from the highs, the short-term trend remains up.
Further upsides are likely once the immediate resistance of 18,160 is taken out. Further weakness could emerge if the support of 18,078 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks closed sharply higher on Friday, as investors weighed the jobs report for October.
Midterm U.S. elections will be held on Tuesday where Republicans could win control of one or both chambers and lead to deadlock on fiscal policy.
Positive market sentiment earlier Friday may have been influenced by speculation linked to China. There’s some rumor that the potential exists from their zero-COVID policy, which is why China rallied so strongly.
17,899 could be a support for the Nifty while 18,287 could be a resistance for the near term.
Indian markets could open mildly higher, in line with largely positive Asian markets today and sharply higher US markets on Friday.
Listen to the D-Street Details with Devarsh Vakil.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
While the Nifty has corrected from the highs, the short-term trend remains up. Further upsides are likely once the immediate resistance of 18,108 is taken out. Further weakness could emerge if the support of 18,017 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks ended a choppy session lower on Thursday and extended a losing streak to four sessions.
Markets are more concerned with the ultimate level of rates rather than the pace of tightening.
In Europe, the Bank of England raised interest rates to 3% on Thursday from 2.25%, its biggest rate rises in three decades. The Bank of England told investors to rein in expectations for hikes, which saw the pound slump.
Nifty fell for the second consecutive session on Nov 3rd following negative global cues.
Nifty could now face resistance in the 18,106-18,145 band while 17,838-17,899 band could offer support in the near term.
Indian markets could open flat, in line with mixed Asian markets today and despite lower US markets on Thursday.
Listen to the D-Street Details with Devarsh Vakil.
While the Nifty has corrected, the short-term trend remains up. Further upsides are likely once the immediate resistance of 18,106 is taken out. Further weakness could emerge if the support of 17,959 is broken.Catch the mid-market details with Subash Gangadharan.
While the Nifty has corrected, the short-term trend remains up. Further upsides are likely once the immediate resistance of 18,179 is taken out. Weakness could emerge if the support of 18,066 is broken.Catch the mid-market details with Subash Gangadharan.
U.S. stocks posted back-to-back losses on Tuesday.
Asian stocks were mixed on Wednesday following declines in US shares.
Nifty has formed a doji after a rise suggesting indecision after a rise.
On upmoves, 18,287 could offer resistance while 18,022 could offer support.
Indian markets could open flat, in line with mixed and rangebound Asian markets.
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With the Nifty rallying further, the short-term trend remains up. Further upsides are likely once the immediate resistance of 18,176 is taken out. Weakness could emerge if the support of 18,060 is broken.
The Dow finished with its best October performance ever on Monday. The US Fed, which begins its two-day meeting on Tuesday, is expected to deliver a fourth straight 75-basis-point rate hike on Wednesday in its attempt to tame inflation. Investors will also focus on the communication of the outlook.
Asian shares rose and bond yields firmed in early trade on Tuesday despite mild losses from Wall Street overnight.
Nifty crossed the 18,000 level with an upgap. It could now face resistance at the 18,115-18,228 band while 17,811 could offer support.
Indian markets could open higher, in line with higher Asian markets today and despite negative US markets on Monday.
The intraday trend of Nifty is positive. Index would continue the positive momentum towards 18,000 or higher levels. The level of 18,000 is a psychological resistance. Intraday support is placed at 17,935. Key resistances are placed around 18,000 – 18,050 levels.
Nifty rose for the second consecutive session on Oct 28th after a see-saw session. At close, Nifty was up 0.28% or 49.9 points at 17,786.8.
We have a data heavy week ahead. The US Fed’s policy committee meets on Tuesday and Wednesday and is widely projected to lift its target rate by three-quarters of a percentage point for a fourth-straight time, to 3.75%-4%. The week closes with the US October jobs report. We also have the PMI numbers from India, Core Infra growth numbers from India and RBI MPC policy meet outcome on Nov 03rd.
Nifty moved above the high-low range of the previous three sessions on Friday and closed at the highest in more than 5 weeks. Sectoral rotation is keeping the Nifty afloat in volatile times. Global cues remain positive, but Nifty is participating in a restricted manner on the upside. On a weekly basis, Nifty gained 1.20%, building on the gains of the previous week. Nifty could now head towards 17,838-17,919 band in the near term while 17,568-17,637 band could offer support.
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After showing a positive opening, Nifty extended the rise above previous day’s and also the recent intraday swing high. From the highs, index shifted into minor correction and wiped out more than 90% of the day’s gain. The intraday trend of Nifty is mildly negative. Index is consolidating with range bound action and it may continue for rest of the day in the range between 17,840 to 17,720 levels.
The RBI has announced an additional meeting of the Monetary Policy Committee on Nov. 3rd. The meeting would be convened under Section 45ZN of the RBI Act, which spells out the course of action by the central bank if it fails to meet the inflation target, according to an RBI statement.
Nifty rose in the closing minutes of trade on Oct 27 which was a monthly F&O expiry day. At close, Nifty was up 0.46% or 80.6 points at 17,736.9.
Nifty bounced up after a one-day decline. Nifty could now face resistance in the 17,812-17,839 band while 17,637-17,655 band could provide support.
After showing a positive sign in the opening, Nifty witnessed gradual selloff from high of the day. Index may recover in the second off on the back of derivative expiry. Intraday support is placed at 17,650. Next upside levels to be watched around 17,750 levels.
Global equities advanced on Thursday as Chinese shares extended a rebound and US stock futures overcame earnings worries from tech giants.
Nifty fell on Oct 25, breaking a 7-day winning streak, weighed down by mixed global cues. At close Nifty was down 0.42% or 74.4 points at 17,656.40.
Nifty fell on the 8th day of the upmove filling the upgap made on the previous session. Post the gains made in markets abroad, Nifty could continue its uptrend towards 17,837-17,919.
On the Muhurat trading day (Oct 24), benchmark indices ended on a strong note with the Nifty finishing above 17,700 (up 0.88% at 17,730.8). Nifty logged its best Muhurat trading session since 2008, aided by broad based gains across sectors led by industrials, financial services, information technology, banking, capital goods stocks.
Nifty rose with an upgap on Monday but ended with a doji, suggesting indecision at higher levels. A minor reversal seems to be on cards. Nifty could trade in the 17,670-17,816 band for the near term.
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U.S. stocks finished lower for a second day on Thursday, erasing their earlier gains despite a strong start to the third-quarter earnings season, as Treasury yields rose to fresh multiyear highs. Nifty ended higher on Oct 20th for the 5th consecutive session after a last hour recovery led it to a positive close. Nifty could now remain in the 17,434-17,642 band for the near term.
Nifty opened today with a downside gap. After opening, Nifty filled the gap during the first few hours and began correcting back towards its previous low of 17,421.
Equities were initially buoyed on Wednesday by a well-received update from Netflix Inc. late Tuesday, that cemented the impression that the third-quarter earnings season would support the market.
However, positive news on company earnings was offset by a renewed rise in bond yields and a poorly received US 20-year Treasury auction. The US two-year yield jumped to the highest since 2007. This helped push the U.S. 10-year US Treasury yield to its highest level since July 2008, advancing 13.1 basis points to 4.127%.
Nifty rose for the fourth consecutive session on Oct 19th but closed muted as the Rupee touched a new low vs the USD.
17,608-17,312 could be the band for the Nifty in the near term.
Indian markets could open lower, in line with negative Asian markets today and lower US markets on Wednesday.
After showing an upside bounce from the lows on Tuesday, Nifty witnessed upmove so far today. Intraday support is placed at 17,480 level and resistance is placed at 17,620 level.
U.S. stocks finished higher for the second day in a row on Tuesday as investors celebrated another batch of robust corporate earnings reports.
Nifty rose for the third consecutive session on Oct 18th aided by positive overnight cues.
Indian markets could open flat to mildly higher, in line with mixed Asian markets today and despite positive US markets on Tuesday.
After showing an upside bounce from the lows on Monday, Nifty witnessed sharp upmove so far today. Intraday support is placed at 17,425.
All three major U.S. stock indexes finished higher on Monday, giving the Nasdaq Composite its biggest one-day percentage gain since July,
The S&P 500 closed above a key technical level, bolstering global market sentiment.
Stocks in Asia rebounded as UK reversed more of its unfunded tax cuts.
Nifty rose for the second consecutive session on Oct 17th. At close, Nifty was up 0.73% or 126.1 points at 17,311.9.
Nifty filled the upgap made on the previous day due to the weakness in early morning but closed much higher. Next resistance could come in at 17,497-17,532 band while support could come in at 17,142-17,170 band.
Indian markets could open higher, in line with mostly higher Asian markets today and sharply positive US markets on Monday.
After showing weakness from intraday highs on Friday, Nifty shifted into a sustainable upside as of now. Immediate resistance is placed at 17,340.
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Global cues continue to be choppy while individual company results may result in stock specific moves.
Over a 3-week period, Nifty has formed a higher bottom. Once it breaches 17,429, it will also make a higher top.
An upward breach of 17,429 could result in broad based and volume led rally in the markets.
Indian markets could open lower, in line with lower Asian markets today and sharply negative US markets on Friday.
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After showing weakness with volatility in the last session Nifty witnessed sharp upmove so far today. Immediate support is placed at 17,250 levels.
U.S. stocks staged a massive turnaround on Thursday, ending a six-day losing streak, after erasing an early plunge seen when the September consumer-price index came in higher than economists expected.
Nifty flattered on Wednesday to deceive once again on Thursday. Nifty has formed a triple bottom over the past three days in the 16,950-16,960 band. Post the return of positive sentiments across the globe, on upmoves, Nifty could now face resistance at 17,262 and then at 17,429.
Indian markets could open sharply higher, in line with higher Asian markets today and sharply positive US markets on Thursday.
The alternative movement like one day up and down continued in the market. After showing a sustainable upside bounce in last session, Nifty slipped into weakness so far today. Immediate support is placed at 16,950.
U.S. stock indexes ended a volatile session slightly lower on Wednesday after hotter-than-expected producer price inflation data.
Traders are awaiting U.S. September consumer prices data on Thursday due at 8:30 a.m. Eastern Time. The September CPI reading, which tracks changes in the prices paid by consumers for goods and services, is expected to show an 8.1% rise from a year earlier.
Nifty made a near double bottom on Oct 12th compared to the previous session. It now has a chance to recoup part of the losses seen in the previous 3 sessions. 17,217-17,287 could be the next resistance for the Nifty while 17,064 could be the support.
Indian markets could open mildly lower, in line with mostly negative Asian markets today and mildly lower US markets on Wednesday.
After showing a sharp weakness in the last session, Nifty shifted into a decent upside bounce as of now. Intraday resistance is placed around 17,150-17,180 levels for the day.
U.S. stocks ended a choppy session mostly lower on Tuesday, with the Nasdaq Composite closing at its lowest in more than two years. Asian stocks stayed at two-year lows on Wednesday.
Indian markets fell for the third consecutive day, below the psychologically important 17,000 level.
Indicators and oscillators have turned bearish on the short-term charts.
Below 16,900, Nifty could drag towards next support of 16,747 in the near term. Resistance for Nifty has shifted down to 17,280 levels.
After showing a sustainable upside recovery from the lows in last session, Nifty shifted into a consolidation so far today. Immediate support is placed at 17,100.
Major indexes finished lower for a fourth consecutive session on Monday as concerns about additional rate hikes by the Fed continued to damp sentiment.
Nifty could stay in the 17,102-17,337 band for the near term.
Indian markets could open flat to mildly lower, in line with mildly negative Asian markets today and lower US markets on Monday.
After showing a consolidation pattern with weak bias on Friday, Nifty slipped into a sharp weakness with volatility as of now. Immediate resistance is placed around 17,270-17,300 levels.
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The strong non-farm payroll report for September led to a sell-off in US markets anticipating hawkish rate moves from the US Fed.
The first batch of Q2 Indian corporate results will also start from the coming week and provide triggers for stock specific action.
17,026-17,497 could be the range for the Nifty in the coming week.
Indian markets could open lower, in line with negative Asian markets today and sharply lower US markets on Friday.
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After showing weakness from the hurdles of 17,400 levels in the last session, Nifty slipped into weakness amidst range movement so far today. Immediate support is placed around 17,180-17,150 levels.
U.S. stocks closed lower on Thursday after another volatile session as traders reacted to data showing a sharper-than-expected rise in unemployment claims
Nifty needs to stay above 17,287 for the next few days to validate bullish chart patterns. On upmoves it could face resistance at the 17,484-17,497 band while 17,287 could offer support.
Indian markets could open flat, in line with mixed Asian markets today and despite mildly negative US markets on Thursday.
The upside momentum continued in the market so far today amidst volatility. Immediate support is placed at 17,350-17,300 levels.
Both the Dow and S&P 500 had notched their strongest advance in the first two days of any quarter since the second quarter of 1938.
Oil futures ended Wednesday at their highest price in three weeks after OPEC+ agreed to reduce output by 2 million barrels a day and U.S. data revealed a second straight weekly decline in crude supplies.
Nifty smartly broke out upwards after sideways consolidation. It will now face resistance in the 17,291-17,484 band while 17,176-17,196 band will offer support in the near term.
Indian markets could open higher, in line with mostly positive Asian markets today and gains made in US markets on Tuesday.
Nifty witnessed sharp up move as of today after a weakness of previous session. Currently facing resistance around 17,200-17,300 levels.
Wall Street's three major indexes rallied to close over 2% on Monday as U.S. Treasury yields tumbled.
Nifty continued its downmove on Oct 03rd after a one day reprieve on Friday. At close, Nifty was down 1.21% or 207 points at 16,887.4.
Nifty now has support on the downside at 16,747. On upmoves, 17,114 and later 17,291 could offer resistance.
After showing sharp up move on Friday, the market shifted into a consolidation with weak bias. Immediate support is placed at 16,900-16,950 levels.
U.S. stocks dropped sharply on Friday, with major indexes posting their lowest finishes since 2020 and logging a third straight quarterly decline as investors grew more fearful that aggressive interest rate hikes by the Federal Reserve will drive the economy into a downturn in an attempt to quell inflation.
Shares in the Asia-Pacific mostly fell on Monday as markets enter the last quarter of the year.
Indian markets could open lower, in line with mostly negative Asian markets today and lower US markets on Friday. 16,752-16,794 band could provide support.
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U.S. stocks ended sharply lower on Thursday, with the S&P 500 sliding to another 2022 low, while heavy losses for Apple Inc. and other tech-related stocks.
Asian stocks dropped on Friday in the wake of another plunge on Wall Street
Sept 30th is the month and quarter end and also the 8th day in the series of fall.
Nifty has a fair chance to break the falling streak on Sept 30th.
16,653-16,752 remains a crucial support band for the Nifty while 17,026 remains a resistance.
Supports for the Nifty are seen at 16,773 and 16,688 levels. Resistances for the Nifty is seen at 16,905 and 16,990. Dow Futures is trading with the loss of 345 points.
U.S. stock indexes on Wednesday rebounded from 2022 lows with support from a sharp fall in Treasury yields and a surprise intervention from the Bank of England in the U.K. government bond market.
The Bank of England said that it was stepping into buy unlimited amounts of long-dated bonds to help stabilize markets.
Nifty continued its downmove on Wednesday. However a bounce in other markets could be mirrored by the Indian markets in the near term. On upmoves 17,038 could offer resistance.
Indian markets could open higher, in line with positive Asian markets today and sharply higher US markets on Wednesday.
Previous Resistance of 16,800 could now act as a support for the Nifty and today’s low is also coinciding with 200 days EMA support. On the upside 17,150-17,200 is the strong resistance zone. Any decisive level above 17,200 or below 16,800 would decide further trend of the Nifty.
The S&P 500 index closed at its lowest level in nearly two years Tuesday with only the Nasdaq Composite escaping a daily loss.
Chicago Fed President Charles Evans said the central bank will need to raise rates by at least another percentage point this year.
The net direct tax collection in India increased by 23 percent to Rs 7.04 lakh crore so far this fiscal as announced by the income tax department. This is great news and it will help in reining in fiscal deficit.
Nifty took support from the upgap of 16,947 and closed flat after making a lower low compared to the previous day. Nifty needs to close above 17,196 for confirmation of upward reversal. On falls, 16,942 will be watched closely.
After showing sharp weakness in the last couple of sessions, Nifty shifted into a positive note with high volatility. Immediate support is placed at 16,950.
The Dow Jones Industrial Average finished in a bear market on Monday for the first time in more than two years as investors fretted over a combination of interest-rate, currency and economic risks. Stocks came under pressure this Monday on worries about rising borrowing costs, while the surging dollar continued to wreak havoc around the world.
Global bonds are now in their first bear market in 76 years, after having dropped 20% from their peaks.
Nifty has broken the important support of 17,166. 16,947 and 16,794 are the next supports for Nifty while 17,166 could be the resistance in the near term. After steep losses over the last few sessions, a short term bounce is due anytime.
Indian markets could open flat to mildly positive, despite mostly negative Asian markets today and lower US markets on Monday.
Rate sensitives like Auto, NBFC, Banks and real estate could continue to underperform. While defensives like IT, Pharma and FMCG could outperform in today’s trade. Trend has turned bearish for the markets. Rallies should be utilized to lighten the long commitments.
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U.S. stocks closed sharply lower on Friday, ending at its lowest closing value since November 2020.
Nifty fell sharply for the second consecutive week (down 1.16%), breaking some key technical levels on the way.
17,166 is the next support for the Nifty post which a sharper fall could ensue. 17,490 could be the resistance for the Nifty in the near term.
Indian markets could open lower, in line with mostly negative Asian markets today and lower US markets on Friday.
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Nifty has now confirmed bearish lower top and lower bottom formation on the daily charts. For last 6 weeks, Nifty has been trading in the narrow range of 17,450-17,950 on weekly closing basis. Intraday support for the Nifty is seen at 17,365 odd levels, where 50 days EMA is placed. Resistances for the Nifty are seen at 17,532 and 17,628.
U.S. stocks ended lower on Thursday after failed attempt to claw back Wednesday’s losses, as Treasury yields and the dollar climbed further.
Market players were already jittery after a number of companies - most recently FedEx Corp and Ford Motor Co-issued dire outlooks for earnings.
The Indian rupee dropped to a record low versus the U.S. dollar on Thursday.
The level of 17,430 is an important support level for Nifty. Any move below 17,430 will confirm lower top and lower bottom formation which would be considered bearish. On the higher side, 17,920 is a crucial resistance and unless that is taken out, aggressive longs should be avoided.
Indian markets could open lower, in line with negative Asian markets today and lower US markets on Thursday.
BankNifty is on the verge of breaking 5-day’s low support placed around 40,500. Below 40,500, BankNifty could move towards next support of 39,780. Below 17,429, Nifty would confirm lower top and lower bottom formation, which will be bearish for the short term.
U.S. stock indexes finished sharply lower on Wednesday after see-sawing between gains and losses as the Federal Reserve announced another expected sharp interest rate increase and signaled a higher-than-expected peak for rates.
President Vladimir Putin on Wednesday ordered Russia's first mobilization since World War Two calling 300000 reservists.
Nifty has been consolidating in the narrow range of 17,429-18,092 for the last several sessions. Any decisive breakout from this range would give directional move to the Nifty. Indian markets could open lower, in line with negative Asian markets today and lower US markets on Wednesday following the US Fed rate hike.
After showing intraday weakness from the highs, Nifty slipped into weakness so far today. Immediate support is placed at 17,650-17,620 levels.
U.S. stocks finished lower on Tuesday as Treasury yields climbed. Traders appeared skittish about opening new long positions ahead of the Federal Reserve’s September policy meeting. The meeting started Tuesday and will conclude on Wednesday. Will the Fed decision on Wednesday once again be followed by stock-market gains on that day? The previous four times the Fed raised interest rates in 2022 — March 16, May 4, June 15 and July 27 — the S&P 500 rallied 2.2%, 3%, 1.5% and 2.6%, respectively on the same day.
Short term support for the Nifty is seen at 17,541, which happens to be the upgap support. Resistance for Nifty is seen at 17,919.
Indian markets could open lower, in line with mostly negative Asian markets today and lower US markets on Tuesday.
Trend of the Market is likely to remain bullish in today’s session. Intraday resistances for Nifty are seen at 17,953 and 18,048. Supports are seen at 17,810 and 17,716.
U.S. stocks found their footing in the final hour of trading on Monday., after flipping between gains and losses.
Investors prepared for a Federal Reserve meeting (that ends on Wednesday) that’s expected to deliver another large interest-rate hike
A rate hike of three-quarters of a point is expected, and attention will be put on the accompanying dot plot of rate projections.
A rally in megacaps like Apple Inc. and Tesla Inc. drove the rebound.
Nifty managed to close above the upward sloping trend line adjoining the daily lows of 20th Jun and 1st July 2022. Resistance for the Nifty are seen at 17,760 and 17,826.
Indian markets could open higher, in line with positive Asian markets today and higher US markets on Monday.
Above 17,670, Nifty could extend the gain towards 17,734 and 17,820. Intraday supports for Nifty are seen at 17,580, 17,500 and 17,430. Stock specific bullish moves is likely to continue.
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U.S. stocks ended in the red on Friday, falling to two-month lows as a warning of impending global slowdown from FedEx.
FedEx shares plunged 21.4% after the global shipper and economic bellwether late Thursday withdrew its annual outlook
Nifty ended sharply lower for the second consecutive session on Sept 16th pulled down by weak global cues. It was the highest percent fall since June 16, 2022.
On upmoves, 17,771 may be difficult to breach in the near term.
Indian markets could open flat, despite mostly lower Asian markets today and negative US markets on Friday.
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Breadth of the market is weak, with 1:3 advance decline ratio at NSE. Bias for the day is negative and next support for the Nifty is seen at 17,500, which happens to be its 34 days EMA.
U.S. stocks closed lower on Thursday with technology stocks leading the way down, as bond yields marched further ahead. S&P 500 futures fell further after the close as FedEx withdrew its financial forecast and added to worries about a slowing global economy.
The yield on the US 2-year Treasury note climbed for a sixth straight trading session on Thursday, reaching its highest level since October 2007.
Oil futures tumbled more than 3% on demand concerns.
18,096-17,692 could be the band for the Nifty in the near term.
Indian markets could open lower, in line with mostly weaker Asian markets today and negative US markets on Thursday.
Today is a weekly expiry session of the Index options. Till now in the September series Indian markets have remained resilient. A level of 18,100 has become strong resistance for Nifty and unless we see move above that, aggressive longs should not be taken. On the downside, Nifty has got support at 17,700, below which, weakness could extend.
U.S. stocks ended slightly higher on Wednesday after swinging between gains and losses for much of the session.
Nifty opened gap down on Sept 14th but showed remarkable recovery to wipe off most of the losses.
Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today and mildly positive US markets on Wednesday.
Breadth has significantly recovered post opening of the markets. Today’s open and low is same at 17,771, which indicates bullish sentiments for the day.
The Federal Reserve is likely to raise U.S. borrowing costs faster and further than previously expected after data on Tuesday showed underlying inflation broadening out rather than cooling as expected. The Dow Jones closed nearly 1,300 points lower Tuesday as technology stocks led the market to its worst day since June 11, 2020, the dollar index rose 1.5% in its biggest one-day percentage gain since March 19, 2020 to 109.88, close to the highest level in two decades. The fact that the US markets reacted negatively to the inflation number means that our markets could open gap down. Whether and how much it recovers from the morning lows will be crucial to watch. 17,743 could offer support in the near term.
Nifty has managed to surpass the previous swing high resistance of 17,992. Intraday supports for Nifty are seen at 18,040 and 17,980. Resistances for Nifty are seen at 18,118 and 18,200.
U.S. stocks finished with a fourth consecutive day of gains on Monday, handing the S&P 500 and Nasdaq Composite their longest winning streak in two months. Asian equities extended the global rally in risk assets amid speculation Tuesday’s US consumer price data will support bets that inflation there is near peaking. Nifty could face resistance at 18,115 while 17,807 could act as a support in the near term. Indian markets to open higher, in line with higher Asian markets today and positive US markets on Monday.
Nifty is on the verge by surpassing the previous top resistance of 17,992. Above 17,992, Nifty has got resistances at 18,050 and 18,128. Intraday support for Nifty is seen at 17,910.
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Inflows into equity mutual funds in India fell to the lowest in 10 months even as the stock benchmarks rallied. Looking ahead, markets will be focused on the August US consumer-price index due Tuesday, which is seen as one of the key reports before the Sept. 21st Fed rate decision. India’s CPI number due on Monday will also be keenly watched. A close above 17,992 for Nifty would result in a fresh trend breakout that could bring more bullish momentum with 18,115 being the next resistance. Support has now shifted up to 17,484 levels.
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Breadth of the markets has gradually turned negative after strong opening. Nifty intraday supports are seen at 17,766 and 17,724, while resistance for the same are seen at 17,881 and 17,925.
Wall Street stocks initially fell in the wake of Federal Reserve Chair Jerome Powell’s comments but then reversed course to end with solid gains, helped by rate-sensitive banks and healthcare company shares. The European Central Bank hiked interest rates by 75 basis points and signaled that more jumbo-sized rate hikes would likely follow. India (which accounts for 40% of the global rice trade) on Thursday imposed a 20 percent duty on exports of various grades of rice. Nifty broke above the recent high of 17,777 easily. Now the next tough resistance is 17,992. On falls, 17,651 could be the support. Indian markets could open higher, in line with higher Asian markets today and positive US markets on Thursday.
Sustainable level above 17,778, would be considered fresh breakout in Nifty. Intraday support for Nifty is seen at 17,688, while resistance for the same is seen at 17,855.
U.S. stocks finished sharply higher on Wednesday, with all three benchmarks posting their best day of gains in about a month. The Bank of Canada lifted its overnight target rate by three-quarter percentage points to 3.25%, following a surprise increase of a full percentage point in July. The European Central Bank could lift rates as much as 75 basis points on Thursday. Nifty is looking for direction over the past few days and has outperformed the other countries by recovering from lows – whether intra day or otherwise. Nifty could face resistance at 17,777 while 17,468 could provide support in the near term. Indian markets could open higher, in line with mostly higher Asian markets today and positive US markets on Wednesday.
Sustainable level below 17,450 would result in fresh break down in Nifty index. However, on the upside 17,778 is the positional resistance, above which uptrend would resume. Catch complete mid-market details with Vinay Rajani.
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Nasdaq Composite clinched its longest losing streak in six years falling for 7 consecutive sessions. The ICE U.S. Dollar Index was back above 110, right around its strongest level in two decades.
Nifty formed a high wave doji candle suggesting indecision after a rise. Nifty could remain in the 17,402-17.777 band for the near term.
Indian markets could open lower, in line with mostly lower Asian markets today and negative US markets on Tuesday.
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Nifty witnessed sustainable upside recovery after showing weakness in the early mid part of the session. Immediate resistance is placed at 17,780-17,800 levels. Catch complete mid-market details with Nagaraj Shetti.
US Markets were shut on Monday for the LABOUR DAY HOLIDAY, European stocks slumped, the euro fell below 99 cents for the first time in twenty years and natural gas skyrocketed after Russia said it was cutting off gas supplies through the Nord Stream 1 pipeline indefinitely.
China's announcement of a cut in the number of foreign-exchange deposits banks must set aside as reserves helped sentiments in Asia.
Nifty broke out nicely of the two-day range move. Nifty could stay in the 17,778-17,476 band for the near term.
Indian markets could open flat to mildly higher, in line with mostly higher Asian markets today.
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Nifty has got strong resistance at 17,800 odd levels, above which it would resume medium term uptrend. Intraday supports for Nifty are seen at 17,630 and 17,553, intraday resistance is seen at 17,720.
Russia’s Gazprom wouldn’t reopen a natural gas pipeline to Europe on Saturday appeared to weigh on global stock-market sentiments. Nifty needs to break out of the 17,401-17,778 band for further cues on directions. However, it will keep finding it difficult to sustain gains. US markets are shut today due to the labour day holiday. Indian markets could open flat to mildly lower, in line with mixed Asian markets today and lower US markets on Friday.
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Nifty is currently trading within the range of last two trading sessions. Nifty is likely to trade in range of 17,400 to 17,700 for the short term.
U.S. stocks finished mostly higher and snapped four-day losing streak, while the Nasdaq Composite recorded its longest losing streak since February. Global bonds as a whole slumped into their first bear market in a generation. Moody's slashed its forecast for the world's top 20 economies to 2.5% growth from 3.1%, while Fitch acknowledged the euro zone was now set for recession. Nifty failed to build on the large gains made on the previous session. Global sentiments have been able to halt the rallies in India over the past few weeks, though the broader market seems positive. 17,696-17,345 could be the band for the Nifty in the near term.
Nifty has got strong support at 17,500 odd levels, while 17,700 could act as a resistance. Markets are expected to remain stock specific bullish in today’s session.
U.S. stocks ended lower on Wednesday cementing the weakest August performance in seven years as sluggish job growth in the private sector and anxieties about a looming recession following Chair Powell’s Jackson Hole speech drove major indexes to their fourth straight losing session. Dow finished August down 3.9%, while the S&P 500 brought its loss for the month to 4.2%. The Nasdaq posted a monthly drop of 4.6%. Indian markets could open sharply lower, in line with lower Asian markets today and lower US markets on Tuesday and Wednesday.
With the Nifty bouncing back sharply, traders will need to watch if the Nifty can now cross the recent swing highs of 17,727 for further upsides. Immediate supports are now at 17,519.
U.S. stocks finished with back-to-back losses on Monday, handing Dow industrials an almost 1,193-point loss in the past two trading days. Crude Oil was trading near the highest since late July. Potential production outages in Libya could exacerbate a global energy crunch. Our markets could open in the positive, in line with mostly higher Asian markets today and despite lower US markets on Monday.
With the Nifty moving sharply lower, the short term trend is now down. Further downsides are likely once the immediate support of 17,166 is broken.
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U.S. stocks tumbled Friday. Global especially Asian shares are sliding. Indian markets could get impacted by the turn in global sentiments and as more investors turn risk averse ahead of the historically down month of September. However, the intensity and amount of fall in India will be limited as its economy may not be linked fully with the happenings in the US economy. A breakout above/below 17,727-17,133 will determine the short term direction of the Nifty going forward. Indian markets could open sharply lower, in line with negative Asian markets today and sharply lower US markets on Friday.
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While the Nifty has moved higher, it is now stuck in a range between the 17,480-17,750 levels. Further directional cues are likely to emerge on a move beyond this range.
Traders and investors across the globe are waiting for the Federal Reserve Chairman Jerome Powell at Jackson Hole. Good news for banking Stocks - Bank credit growth in India accelerated to 14.2 percent in the quarter ended June 2022 from 6 percent in the same period of the previous year, RBI data showed on Thursday. Indian markets could open higher, in line with mostly higher Asian markets today and positive US markets on Thursday.
The Nifty has moved higher and broken out of its recent trading range. Further upsides are likely once the immediate resistance of 17,717 is taken out. Weakness could emerge if the support of 17,637 is broken.
Fed Chair Powell is due to make a speech at 10 a.m. ET of USA time (7:30 PM IST) on Friday at the Jackson Hole symposium. China stepped up stimulus with a further 1 trillion yuan ($146 billion) of measures. Nifty remained in a very small range through the day and could not breach the high of the previous day. Once that level i.e., 17,626 is breached, more upsides could be in store in this up move.
The Nifty has bounced back from the lows. Further upsides are likely once the immediate resistance of 17,624 is taken out. Weakness could emerge if the support of 17,499 is broken.
Natural-gas prices traded at a 14-year high as a European energy crisis loom. U.S. new home sales plunged to the lowest level in more than six years. The S&P Global U.S. flash PMI at a 25-month low, while the services sector PMI at a 27-month low. In our market action was seen more in the broader markets. This and much more in our Daily Morning Podcast.
The Nifty has bounced back from the lows. Further upsides are likely once the immediate resistance of 17,589 is taken out. Weakness could emerge if the support of 17,345 is broken.
Worst daily drop in two months for US stocks. Chinese Yuan to a 23-month low. Nifty seems to have begun a short-term correction.
The Nifty has moved lower today. Further downsides are likely once the immediate support of 17,544 is broken.
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While world central bankers around the world are raising rates. Why China is cutting rates… Nifty snaps 8 day winning streak. U.S. stocks ended lower Friday, with the S&P 500 and Nasdaq Composite each snapping four-week win streaks, as more than $2 trillion equity-linked options expired. Amazon.com, Apple and Microsoft all fell and were the biggest drags on the S&P 500 and Nasdaq.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
The Nifty has moved lower today. Further downsides are likely once the immediate support of 17,727 is broken.
Nifty made a double top compared to the previous session but ended marginally higher. Large volumes and range moves mean that a lot of churning seems to be happening between sectors and stocks. With no reversal signs on the horizon, Nifty could rise towards 18,115 over the next few sessions. On the other hand, a breach of 17,833 could mean faster downsides. Indian markets could open flat to mildly lower, in line with mixed but rangebound Asian markets today and mildly positive US markets on Thursday.
The Nifty has moved lower today. Further downsides are likely once the immediate support of 17,852 is broken.
Indian markets are less than 4 percent off their lifetime highs. Nifty continues its relentless rise and is currently outperforming global markets. The current uptrend is mature, and one should be careful in loading up new positions - though there are no signs of reversal. On upmoves 18,114 could act as a resistance while 17,719 is a support. Indian markets could open flat to mildly lower, in line with largely negative Asian markets today and lower US markets on Wednesday.
The Nifty has moved higher today. Further upsides are likely once the immediate resistance of 17,941 is taken out.
A rally in retailer shares drove the US markets to a fifth day of gains on Tuesday. Nifty rose on Aug 16th, rising for six days in a row, equalling the longest winning streak in 2022. Sentiments have improved across the board post encouraging macro news locally. Indian markets could open flat to mildly higher, in line with mixed and rangebound Asian markets today.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A monthly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A Monthly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A monthly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A monthly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A monthly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A monthly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Subash Gangadharan.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel (Senior Analyst- Commodities)
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
A monthly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetti
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel
Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Vinay Rajani.
A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetty.
Listen to the 'Weekly Outlook on Gold' Podcast and get the golden insights to start your week by Tapan Patel
Weekly audio podcast by our head of retail research Mr.Deepak Jasani summarising the happenings of the past week and forecasting the market direction in the coming week.
Weekly audio podcast by our head of retail research Mr.Deepak Jasani summarising the happenings of the past week and forecasting the market direction in the coming week.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetty.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetty.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Nagaraj Shetty.
Catch the latest market happenings in our Midmarket podcast with our expert analyst Subash Gangadharan.