Weekly Market Wrap For 14th To 18th November
Markets sees selling pressure; Derivative expiry to dictate trend in coming week Nifty took a pause last week after four weeks of consecutive gains as selling pressure was observed at higher levels on the back of profit booking. Nifty Bank however still managed to close higher in the week gone by. Volatility was also observed during the week as the tug-of-war between bulls and bears kept...
Weekly Market Wrap For 24th To 28th October
Markets extend gains in a festive week; Nifty to cross the 18,000 mark Top global market updates for the week Equity markets remained upbeat on a holiday-shortened week as sentiments improved on positive global cues and on growing expectations of smaller-than-expected rate hikes. A strengthening rupee further aided the sentiments. Global markets too traded positively after...
Weekly Market Wrap For 17th to 21st October
Markets End In The Red In A Volatile Week; Fed Rate Action To Dictate Trend Market Overview Equity markets remained bullish during the week as positive global markets and in-line corporate earnings supported the sentiments. The Nifty settled above the 17,500 mark, while the Nifty Bank index gained about 1500 points to close above the 40,700 mark. The rally got supported by Axis...
Weekly Market Wrap From 3rd To 7th October
Markets snap 3-week losing streak; Quarterly earnings in focus in the coming week Indian stock market position Equity markets snapped a three-week losing streak and logged modest gains even as volatility remained high. Markets rebounded after witnessing a sharp sell-off in the past couple of weeks as Nifty got supported by a rally in metal, realty, and IT stocks. Global...
Weekly Market Report For 26th To 30th September
Markets end in the red in a volatile week; Fed rate action dictates the trend Indian stock market position Equity markets fell during the week as volatility remained high on weak global market cues and the Fed chairman commented that the central bank will continue to raise rates to end high inflation, even if it pushes the country into a recession. The MPC delivered...
Weekly Market Report For 12th to 16th Sept
Equity markets fell during the week as higher than expected inflation in the U.S increased the chances of aggressive rate hikes from the U.S Federal Reserve at its upcoming policy meet. Core CPI for August was 6.3% YoY vs an expectation of 6.1% YoY and a prior reading of 5.9% YoY. This sent expectations of a 100-bps rate increase at the upcoming policy meet. The Nifty ended...
Weekly Market Report For 5th to 9th Sept
Markets extend flat in a volatile week; FII flows and global cues dictate trend Equity markets gained during the week on the back of supportive global market cues with investors largely pricing in more interest rate hikes aimed at taming runaway inflation. European markets were trading higher, as investors digest the European Central Bank’s jumbo rate hike ahead of a key EU meeting to...
Weekly Market Report For 29th Aug To 2nd Sept
Markets extend flat in a volatile week; FII flows and global cues dictate the trend. Market Wrap Markets ended flatly in the highly volatile week as global growth concerns weighed on investor sentiment. Besides, weaker-than-expected domestic Q1FY23 GDP data and a marginal downtick in Manufacturing PMI for August worried investors. India’s gross domestic product (GDP) rose 13.5% YoY...
Weekly Market Report For 22nd to 26th August
Weekly Market Wrap Markets extend gains, FIIs flows and earnings are in focus this week Investors focused on the Federal Reserve’s Jackson Hole conference for clues about the central bank’s policy outlook in the week gone by. The Federal Reserve raised rates by three-quarters-of-a-percentage point in June and July. Its next policy meeting is in September, and it is...