Daily Report

Friday, September, 11, 2020

Daily Reports 11 September 2020

Exuberant performance by the giant Reliance Industries almost exclusively pulled the benchmark indices up which reported their second straight positive closing. Reliance’s likely announcement of 6 major deals for the retail stake sale led the dynamic impulse in thestock price and thereby the Nifty and Sensex which closed 1.5-1.7% up…….view pdf

Thursday, September, 10, 2020

Daily Reports 10 September 2020

Weakness in the global major indices dragged caused a gap-down opening in Indian benchmark indices on Wednesday. Further, cautiousness ahead of Supreme Court hearing on loan moratorium led to volatility in the markets. Moreover, benchmark indices also witnessed choppiness ahead of the weekly expiry. Strength in heavy weight Reliance Industries amid news..view pdf

Wednesday, September, 9, 2020

Daily Reports 09 September 2020

The Indian benchmark indices seemed to be continuing their sideways trend for the third consecutive trading session on Tuesday with lack of direction in global market cues. The markets saw selling pressure with concerns over INDO-CHINA LAC border tensions and the continued increase in Covid-19 cases taking India past Brazil to be ranked 2nd in the world in positivity

Tuesday, September, 8, 2020

Daily Reports 08 September 2020

Despite marginal downside in both the US and Asian markets, Indian benchmark indices opened on a positive note on Monday. Markets witnessed choppiness throughout the session with lack of clarity on moratorium, closing marginally above opening.The choppiness was on the back of sectoral tug of wars, FMCG and IT gained with the US Dollars while Banks & Autos dragged.

Friday, September, 4, 2020

Daily Reports 04 September 2020

Weekly F&O expiry went lull for the Indian benchmark indices where both Nifty and Sensex closed flat to negative and marginally down respectively, despite sharp sell-off in banking sector and subdued movement in Reliance Industries. Dynamic impulse in IT giants amid bounce back in US Dollars, refrained benchmark indices from a sharp decline……view pdf for more

Thursday, September, 3, 2020

Daily Reports 03 September 2020

Our benchmark indices started off on a flat note continuing consolidation trading on Wednesday tracking mixed global trends. Not withstanding our domestic front line stocks such as RELIANCE, TATAMOTORS and ZEEL,our indices experienced a choppy session after SEBI implemented the new guidelines for margin against trading on the previous day impacting volumes…….

Wednesday, September, 2, 2020

Daily Reports 02 September 2020

In a tremendous volatile movement Indian benchmark indices closed 0.7% to 1% up. After a sharp decline on Monday reacting to the India-China LAC tensions and worse than expected GDP data, Nifty opened on a positive note but witnessed choppiness ahead of the AGR meeting which was scheduled at 11:30 a.m. Markets gave an upward spurt after Supreme Court approved…

Tuesday, September, 1, 2020

Daily Reports 01 September 2020

Series of pessimistic events dragged the Indian stock markets down and washed off 6 days winning streak. Indian benchmark indices opened with a gap-up following the Asian bourses which were up more than 1% after better than expected China’s manufacturing data and Warren Buffett’s in vestment in few Japanese companies. However,China’s provocative military movement..

Friday, August, 28, 2020

Daily Reports 28 August 2020

Indian benchmark indices opened on a positive note tracking positive closure in the US markets led by upsurge in technology stocks. Asia and Europe too followed the optimism ahead of FED policy review and positive cues from US-China trade deal. However, weakness in heavy weight Reliance Industries on the one side while 5th consecutive upbeat Bank Nifty….view pdf