Weekly Report Category

[vc_row][vc_column][vc_column_text]Weak global markets amid profit taking in the tech stocks, Indo-China border tensions and cautiousness ahead of SC hearing on moratorium had dragged the Indian stock markets in the first half of the weekly session. However, 5-point road map agreement between India and China which included release of troops and avoid action lifted the markets up…[/vc_column_text][spacing desktop_height=”40″ mobile_height=”40″ smobile_height=”40″][buttons text=”View Report PDF” icon_type=”typicons” icon_left_padding=”25px” link_url=”https://www.mangalkeshav.com/research-reports/wp-content/uploads/2020/09/Weekly-Commentary-12-September.pdf” font_family=”Raleway” icon_typicons=”typcn typcn-document-text”][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text]Our benchmark indices witnessed profit taking after the index breached above the six month high territory at the beginning of the week.This fall was amid selling pressure in global equities over concernsin the macroeconomic numbers leading to negativity on a weekly basis across major global indices.Besides, on the domestic front,Indo-China border tensions [/vc_column_text][spacing desktop_height=”40″ mobile_height=”40″ smobile_height=”40″][buttons text=”View Report PDF” icon_type=”typicons” icon_left_padding=”25px” link_url=”https://www.mangalkeshav.com/research-reports/wp-content/uploads/2020/09/Weekly-Commentary-05-September.pdf” font_family=”Raleway” icon_typicons=”typcn typcn-document-text”][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text]Indian stock market Bulls continued with their cautious baby steps for the entire week, cautious because of tug-of war between subdued movement in heavy weights like Reliance, HDFC and dynamic surge in banking stocks with more than 10% gains in representative Bank Nifty during the week. Strong global cues specifically the US major indices which hit record highs.[/vc_column_text][spacing desktop_height=”40″ mobile_height=”40″ smobile_height=”40″][buttons text=”View Report PDF” icon_type=”typicons” icon_left_padding=”25px” link_url=”https://www.mangalkeshav.com/research-reports/wp-content/uploads/2020/08/Weekly-Commentary-29-August.pdf” font_family=”Raleway” icon_typicons=”typcn typcn-document-text”][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text]Robust corporate earnings in China outpaced pessimism over the US-China trade war concerns which kept the Asian markets elevated on Friday. Positive closure in the US markets led by the technology stocks overcoming the weak US data too led to a gap-up opening in the Indian markets. Benchmark indices, heavyweights witnessed slight profit booking in second half…..[/vc_column_text][spacing desktop_height=”40″ mobile_height=”40″ smobile_height=”40″][buttons text=”View Report PDF” icon_type=”typicons” icon_left_padding=”25px” link_url=”https://www.mangalkeshav.com/research-reports/wp-content/uploads/2020/08/Weekly-Commentary-22-August.pdf” font_family=”Raleway” icon_typicons=”typcn typcn-document-text”][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text]Indian benchmark indices discontinued its relief rally in the last week, led by subdued domestic and global cues. Profit taking in Reliance industries and banks followed by the AGR meeting dragged market sentiments. Unchanged rate and possible delay in stimulus package by RBI in the next meet fueled further pessimism. Moreover, on the global front too,…view pdf[/vc_column_text][spacing desktop_height=”40″ mobile_height=”40″ smobile_height=”40″][buttons text=”View Report PDF” icon_type=”typicons” icon_left_padding=”25px” link_url=”https://www.mangalkeshav.com/research-reports/wp-content/uploads/2020/08/Weekly-Commentary-15-August.pdf” font_family=”Raleway” icon_typicons=”typcn typcn-document-text”][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text]Indian Bulls returned this week after a sharp fall in the previous. Positive Auto sales numbers depicting economic revival followed by RBI policy review cheered investor sentiments wherein RBI maintained the rates but announced onetime restructuring of corporate loans and relaxed gold lending norms. Moreover, healing reports on Covid-19 vaccine satisfactory…..[/vc_column_text][spacing desktop_height=”40″ mobile_height=”40″ smobile_height=”40″][buttons text=”View Report PDF” icon_type=”typicons” icon_left_padding=”25px” link_url=”https://www.mangalkeshav.com/research-reports/wp-content/uploads/2020/08/Weekly-Commentary-10-August.pdf” font_family=”Raleway” icon_typicons=”typcn typcn-document-text”][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text]Delayed Reliance results cushioned the markets till July F&O expiry while markets dropped for the last three sessions majorly led by profit booking in Reliance Industries post results and decline in Bank Nifty. On the last trading day of the week markets struggled between Bulls and Bears with bounce back in Bank Nifty post SBI result, sharp surge in Pharma giants [/vc_column_text][spacing desktop_height=”40″ mobile_height=”40″ smobile_height=”40″][buttons text=”View Report PDF” icon_type=”typicons” icon_left_padding=”25px” link_url=”https://www.mangalkeshav.com/research-reports/wp-content/uploads/2020/08/Weekly-Commentary-01-August.pdf” font_family=”Raleway” icon_typicons=”typcn typcn-document-text”][/vc_column][/vc_row]

[vc_row][vc_column][vc_column_text]In Indian stock markets -the bulls dominated the street for the sixth consecutive week despite sudden attacks from the bears. Markets maintained an upsurge keeping the volatility intact after FIIs re-entered D-street during the last week buying INR 7,792 crore worth shares with DIIs shedding with an aim to book profits. Spending package announced by EU[/vc_column_text][spacing desktop_height=”40″ mobile_height=”40″ smobile_height=”40″][buttons text=”View Report PDF” icon_type=”typicons” icon_left_padding=”25px” link_url=”https://www.mangalkeshav.com/research-reports/wp-content/uploads/2020/07/Weekly-Commentary-25-July.pdf” font_family=”Raleway” icon_typicons=”typcn typcn-document-text”][/vc_column][/vc_row]Weekly Commentary 25 July

[vc_row][vc_column][vc_column_text]Indian benchmark indices gave their fifth consecutive weekly upbeat led by high liquidity and expectations of vaccination on Covid-19. Moreover, Reliance bounced back yet again post the AGM day fall,leading to a bounce back in the benchmark indices too. Further, better than expected results from IT giants Infy and Wipro kept the IT sector elevated[/vc_column_text][spacing desktop_height=”40″ mobile_height=”40″ smobile_height=”40″][buttons text=”View Report PDF” icon_type=”typicons” icon_left_padding=”25px” link_url=”https://www.mangalkeshav.com/research-reports/wp-content/uploads/2020/07/Weekly-Commentary-18-July.pdf” font_family=”Raleway” icon_typicons=”typcn typcn-document-text”][/vc_column][/vc_row]