Market Morning Notes 31st July 2024
Markets formed small doji with inside bar on Tuesday after prices ended on a flat note after initial attempt to cross 25,000 mark in Nifty. With Bank of Japan raising interest rates by 25 bps, it is...
View ArticleMarket Morning Notes 1st August 2024
Nifty continued to trade in less than a percent band broadly within its previous day’s range. Nifty missed touching the psychological mark of 25,000 once again. However with Bank Nifty’s monthly expiry...
View ArticleMarket Morning Notes 2nd August 2024
Nifty traded in less than half a percent band on its weekly expiry session yesterday before ending bit higher above the 25k mark. Global markets have panicked since last night as tensions have...
View ArticleMarket Morning Notes 5th August 2024
Markets posted weekly losses of less than 0.5% on back of sharp surge in Japanese yen but Indian markets managed to decouple to a larger extent despite selling in global markets. With USDJPY drifting...
View ArticleMarket Morning Notes 6th August 2024
Markets fell sharply yesterday following weak global market cues after Bank of Japan raised interest rates following which there were fears of Yen carry trade unwinding globally. India VIX was up...
View ArticleMarket Morning Notes 7th August 2024
Markets pared opening gains on Tuesday to finally end in the negative terrain but managed to hold short term support of 50 DMA amidst positive global market cues. With appearance of breakaway gap, the...
View ArticleMarket Morning Notes 8th August 2024
Markets gained more than percent on Wednesday on back of positive global cues with Bank of Japan assuring of not raising rates during market turbulence. Nifty formed a small inside bar with doji with...
View ArticleMarket Morning Notes 9th August 2024
Markets witnessed sharp swings on Thursday with Nifty entering positive terrain and later settling with losses of 1%. The breakaway gap clearly has been acting as a major resistance at higher levels...
View ArticleMarket Morning Notes 12th August 2024
Markets last week triggered a breakaway gap on the back of unwinding emerging from the yen carry trade, with Nifty finally settling with losses of 1.5%. With Hindenburg putting an allegation on Sebi...
View ArticleMarket Morning Notes 13th August 2024
Markets failed to trigger larger decline despite Hindenburg revelation on SEBI chief with Nifty managed to recoup most of losses and ended on a flat note. At present, the key risk for Indian markets...
View ArticleMarket Morning Notes 16th August 2024
Markets activity remained lacklustre on Wednesday, with Nifty ending unchanged while Bank Nifty continued to extend losses. The short-term support for Nifty is seen at 24,100 below which we expect...
View ArticleMarket Morning Notes 19th August 2024
Markets for the week managed to end with gains of less than 1% after positive US data provided hints of lower risk of recession. On weekly chart, Nifty continued to form a diamond top setup with...
View ArticleMarket Morning Notes For 20th August 2024
Markets witnessed range bound movement on Monday with Bank Nifty ending in losses while Nifty managed to post modest gains on back of upbeat global markets. With EURINR and GBPINR hitting all time high...
View ArticleMarket Morning Notes For 21st August 2024
Markets managed to put up gains on back of contribution from IT sector with Nifty ending near 24,700 thus closing the breakaway gap. At present juncture, risk for Indian markets emerge from...
View ArticleMarket Morning Notes For 22nd August 2024
Market activity remained range bound on Wednesday with Nifty ending with modest gains while Bank Nifty continued to remain under pressure and closed below 50,700 levels. The Fed minutes yesterday...
View ArticleMarket Morning Notes For 23rd August 2024
Markets activity remained muted with Nifty ending with modest gains above 24,800 despite cooling off from days as markets have already discounted September Fed rate cut. At present, the Indian markets...
View ArticleMarket Morning Notes For 26th August 2024
Markets managed to extend gains around 1% for the week on the back of Fed minutes pointing out to rate cut in September, which helped Nifty to cross 24,800. However, although the implied volatility has...
View ArticleWeekly Market Report from 19th August to 23rd August 2024
The Indian stock market benchmarks had a calm day of trading on Friday staying within a tight range and key indices Nifty and Sensex closed at 24823 (up by 0.05 pct) and 81086 (up by 0.04 pct),...
View ArticleMarket Morning Notes For 27th August 2024
Market surged across the globe on Monday following comments from Fed in Jackson Hole which emphasized on rate cut and an accommodative monetary stance. Nifty managed to gain 0.8 pct while Bank Nifty...
View ArticleMarket Morning Notes For 28th August 2024
Benchmark indices ended on a flat note after sharp gains seen in the previous session while the Nifty Bank slightly outperformed. However, the broader markets outperformed with the Nifty Midcap and...
View Article