Market Morning Notes For 24 Aug 2023
Markets managed to post gains on Wednesday on the back of support from Bank Nifty which rallied more than 1% on the back of a drop in USDINR and lower Brent crude prices. However,
Market Morning Notes For 23 Aug 2023
Market action may suggest “All is well” based on the performance of “B” Group stocks movement in the past few days. But underperformance in Nifty 50 indicat
Market Morning Notes For 22 Aug 2023
Markets began the week on a positive note with Nifty ending closer to 19,400 despite continuous selling from FIIs. The Nifty setup clearly calls for caution after the initial impul
Market Morning Notes For 18th Aug 2023
Markets broke crucial support on Thursday with Dollex 30 Index i.e., Sensex in USD terms breaching the support line occurring on 1st Dec 2022 thus opening gates for a 20% decline i
Market Morning Notes For 17th Aug 2023
Markets opened lower on Wednesday on the back of weak global cues but recouped losses to close above 19,450 on the back of a recovery in Auto and IT stocks while Bank Nifty ended w
Market Morning Notes For 16th Aug 2023
Markets managed to recoup losses on Monday to end unchanged despite breaching an intermediate low of 19,296 in early trading hours. The breakout in India VIX above 11.5 along with
Weekly Market Wrap From 7th Aug to 11th Aug 2023
Result season keeps market busy; Macro data, Brent prices, Currency movement in focus Markets extended the downfall for the third week in a row as gains were capped after the RBI,
Market Morning Notes For 14th Aug 2023
Markets extended losses for the third straight week with FIIs opening aggressive short positions in future segment and forcing Nifty to breach 19500 on Friday’s trading session.
Market Morning Notes For 11th Aug 2023
Markets ended lower despite RBI maintaining status quo on repo rate. However, major reaction from market was seen after RBI increased the inflation forecast which triggered renewed
Market Morning Notes For 10th Aug 2023
Markets witnessed a late recovery to end in positive terrain above 19600 on Wednesday ahead of the RBI credit policy meeting. Although RBI is unlikely to raise rates further, the c