Daily Report

It was stock and sector specific tug-of-war that directed markets and resulted in volatility at the start of June F&O expiry week. Indian benchmark indices started off Monday’s trading on a positive note led by a gap-up opening in Reliance and the continued surge in IT stocks but retreated from that very moment dragged down by banking stocks. Banks followed a massive

After a day’s breather Indian Bulls popped up yet again recovering previous day’s losses, all thanks to the strong global cues. Expected vaccine development and forecasting better corporate earnings uplifted the global markets and India. Moreover, persistent news based gains in heavy weight Reliance Industries despite delay in their results lifted

Indian benchmark indices opened with a gap up on Wednesday but gains were capped and indices retreated snapping last 5 days winning streak. Weak global cues amid rising US-China tensions and widespread disease led the fall across world indices. Benchmark indices closed marginally down.The MidCap index outperformed with marginal gains while the SmallCap….

Hopeful global cues of the EU Summit, stimulus package talks by the US and speedy development in vaccine research against coronavirus kept the Indian benchmark indices elevated for the fourth consecutive session on Tuesday. Continued upsurge in Reliance Industries and Banks cushioned the markets from heavy fall in the Bajaj twins ahead of the results.

Notwithstanding concerns over the rising Covid-19 cases and subdued Asian markets, Indian benchmark indices started off with a gap-up. Markets sustained optimism led by HDFC Bank and IT stocks,post results. Moreover, Bajaj twins too surged ahead of the results and lifted benchmark indices to new multi-month highs. All-in-all,Nifty and Sensex surged for the third

Indian benchmark indices opened on a positive note following the strong global bourses amid progress on corona virus vaccine. After previous day’s sharp move with profit booking in Reliance Industries benchmark indices opened with intraday gap up. Moreover, technology stocks continued the upswing where Infy gained more than 10%

It was completely a “Reliance Industries driven market” on Wednesday. Indian benchmark indices traded with a positive bias till the afternoon session with surge in Reliance and sharp rise in IT stocks post Wipro results. However, markets nosedived during the entire Reliance AGM meet in the afternoon session with profit booking in Reliance Industries

Bears finally showed up to the party and with a bang on Tuesday as our benchmark indices gave a breakdown to their five days range bound move. Banks continued with the downfall along with heavyweight Reliance Industries that witnessed profit booking with just one day left for its AGM. Overall weakness was led by weakness in the global markets

Indian benchmark indices opened with a gap up but lost some steam during the session to end marginally higher on Monday,this, despite positive global cues. Our indices were kept in the green by the prime weighted stock – Reliance and IT giants that surged 1.65% as positive news from qual comm venture committing investment of INR 700 crore in Jio & the big announcement by Google’s CEO