Daily Report

The pessimism over Europe and UK lockdowns was carried down to Tuesday’s trade and thereby benchmark indices opened on a negative note. However, bounce back in European markets and US Congress passing the Covid-19 relief bill brought sudden optimism in the market with which Indian benchmark indices closed a percent up. All sectors closed in green with IT……….

Our benchmark indices started off on a subdued note following lower close in the US on Friday and negative opening in Asian markets today. This amid lack of clarity on coronavirus stimulus, however, markets hit a new all-time high in the first half. However, markets witnessed a sharp fall in the afternoon session on the declaration of an emergency in many European

Indian benchmark indices have their Fifth straight daily upbeat session on the day of weekly expiry, though with marginal gains. Both Nifty and Sensex hit record high levels yet again following the firm US indices. Probable positive stimulus package from US Government kept the US markets elevated and so did India. The optimism may continue in Friday’s session…..

It was yet another lackluster day for our benchmark indices where both Nifty and Sensex witnessed range bound volatility after a gap-up opening. Progress in talks over the US stimulus package for economic recovery amongst the leaders boosted the market sentiments across the globe which led in positive opening on Wednesday. However, weakness in Banks……………

The launch of Covid-19 vaccine seemed discounted as our benchmark indices witnessed a sharp fall in the first two hours of Tuesday’s session. Indian markets followed the subdued Asian peers and mixed closure in the US markets where the virus threat and related lockdown counterbalanced the positive vaccine updates.However, benchmark indices erased losses and…….

Indian benchmark indices started off on a positive note but witnessed correction for next four hours followed by a bounce back to close near to where they opened, posting marginal gains from previous close. Overall, weakness in the Dollar against Rupee and continued foreign inflow is keeping the markets elevated and hence consolidation at the peak……………..

Indian benchmark indices were off their record making spree and closed marginally down on Thursday on weak global cues. Cautiousness ahead of the stimulus talks and disappointing unemployment numbers dragged the US major indices and thereby the other indices across globe. The weekly jobless claims hit 853000 as against estimate 730000 Technology stocks dragged down

Indian benchmark indices continued the upsurge on Wednesday following US and Asian major indices which were up on positive updates on the Covid-19 vaccine and ahead of the stimulus package. On the domestic front, third straight day of upbeat in the Reliance Industries along with a bounce back in Banking and NBFC sector kept the markets elevated………………..

Indian benchmark indices hit yet another record high and record closure but witnessed high volatility. Both Nifty and Sensex opened with a gap-up but retreated in the first half followed by a bounce and closed near to where they opened. The optimism was on the back of record closure in the US markets, however, Asian markets seemed under pressure ahead………….