Market Morning Notes 2nd July 2024
Markets extended gains on Monday with the Nifty comfortably cementing its positions above 24,000 with the FMCG sector gaining momentum along with broader markets. The Brent crude has surpassed the USD...
View ArticleMarket Morning Notes 3rd July 2024
Markets cooled off from the day’s high on Tuesday to close in marginal negative terrain while the Bank Nifty suffered deeper cuts of around 1%. With Nifty comfortably holding above 24,000, the upside...
View ArticleMarket Morning Notes 4th July 2024
Markets extended its uptrend with the Nifty comfortably holding above 24,000 levels and the Sensex surpassing 80,000 mark in intraday trade. Nifty is right now in its 5th consecutive week wherein it...
View ArticleMarket Morning Notes 5th July 2024
Markets cooled from day’s high in the last hour of trade to finally settle with marginal gains above 24,300. With sustained rally in the past few days, the short-term oscillators are in overbought...
View ArticleMarket Morning Notes 8th July 2024
Markets for the week ended with gains of over 1% to help Nifty close above 24,300 despite crude prices posted gains for the fourth week in a row. From the current juncture, the risk for Indian markets...
View ArticleMarket Morning Notes 9th July 2024
Market activity on Monday remained muted with Bank Nifty ending in negative terrain while Nifty 50 managed to recover in the last hour of trade to end with small doji star on candlestick. As markets...
View ArticleMarket Morning Notes 10th July 2024
Markets managed to post gains on Tuesday to help Nifty close above 24,400 with maximum gains attributing to Auto sector while India VIX surged more than 5%. In the past few days, India VIX has already...
View ArticleMarket Morning Notes 11th July 2024
Markets witnessed wider swings on Wednesday with Nifty declining over 250 pt in initial trade but managed to recover to finally end with losses of 100 pts. The rise in India VIX suggests that the...
View ArticleMarket Morning Notes 12th July 2024
Market activity on Thursday remained range bound with Nifty trimming losses in the last hour of trade on the back of short covering forcing Nifty futures to end in marginal positive terrain. The...
View ArticleMarket Morning Notes 15th July 2024
Markets managed to post weekly gains of around less than a percent on Friday after IT sector index surged nearly 5% to help Nifty surpass 24,500 mark while broader market movement remained subdued....
View ArticleMarket Morning Notes 16th July 2024
Market opened on a positive note for the week, with Nifty post modest gains on the back of rebound in banking stocks, while the India VIX crossed above 14 mark ahead of Union Budget. At present,...
View ArticleMarket Morning Notes 18th July 2024
Markets formed back-to-back doji star on Tuesday which is a sign of indecisiveness but with closing turning on positive side bulls had an upper end. Despite rise in India VIX, Nifty has been able to...
View ArticleMarket Morning Notes 19th July 2024
Markets formed bullish belt hold line pattern on Thursday on candlestick after Nifty opened lower but managed to end almost at day’s high with gains of around 1% while broader market ended in the...
View ArticleMarket Morning Notes 22nd July 2024
Markets witnessed selling on the final day of the week, which wiped out most of the weekly gains and forced markets to settle with meager gains as traders avoided to take any fresh positions ahead of...
View ArticleMarket Morning Notes 23rd July 2024
Market activity on Monday remained muted with Nifty ending with marginal losses but most importantly, the implied volatility of in-the-money call options surged beyond 24% levels. This sudden surge in...
View ArticleMarket Morning Notes 24th July 2024
Markets fell intraday over 2% on the Budget Day after announcement of increase in STT and LTCG but later recovered to end with losses of less than 0.25%. The India VIX also dipped sharply to fall...
View ArticleMarket Morning Notes 25th July 2024
Markets ended with modest losses on Wednesday amidst volatility in global markets while broader markets like midcap and small cap indices managed to post gain of around 1%. The sharp drop in USDJPY has...
View ArticleMarket Morning Notes 26th July 2024
Markets witnessed wide volatility on the expiry day yesterday with Nifty witnessing wild swings but closed along the flat line. On the sectoral front, Nifty IT, Nifty FMCG index, Oil & Gas, Pharma...
View ArticleMarket Morning Notes 29th July 2024
Markets for the week witnessed sharp recovery to close with gains of 1% despite disappointment in budget over short term and capital gains tax enhancement. The Sensex for the week ended with formation...
View ArticleMarket Morning Notes 30th July 2024
Markets cooled off from day’s high to end on a flat note yesterday after Nifty failed to clear the psychological mark of 25,000 with India VIX ending with gains of more than 3%. We expect market to...
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