Market Morning Notes For 17th May 2024
Market bounced back sharply in last hour of trade with market breadth turning positive. Action was seen in broader markets especially the capital good space with stocks rallying ac
Market Morning Notes For 16th May 2024
Market activity remained listless on Thursday, with broader markets outperforming the key indices while Nifty Bank settled with loses. With Nifty closing in the positive terrain, w
Market Morning Notes For 15th May 2024
Markets extended gains on Tuesday post formation of hammer pattern on Monday and with formation of small bullish candle. It is highly likely now that a major bottom is already in p
Market Morning Notes For 14th May 2024
Markets witnessed wild swings on Monday with Nifty opening lower by 200 points and later stabilising to finally settle with modest gains led by Nifty Bank. Nifty has led to formati
Market Morning Notes For 13th May 2024
Markets for the week succumbed to selling pressure with Nifty 50 declining around 2% on concerns that ruling party is unlikely to get convincing majority to cross 272 mark. With US
Market Morning Notes For 10th May 2024
Markets witnessed wider cracks on Thursday, with Nifty 50 breaching psychological support of 22,000 on concerns that the NDA is unlikely to garner convincing majority in the Lok Sa
Market Morning Notes For 9th May 2024
Markets witnessed the last round of selling on Tuesday to force Nifty back towards 22,600 after an initial attempt to cross all-time high. Despite volatility, the outlook for marke
Market Morning Notes For 8th May 2024
Markets succumbed to selling pressure on Tuesday on back of uncertainty ahead of election results with India VIX climbing above 17 and Nifty Bank declining more than 1%. At present
Market Morning Notes For 7th May 2024
Market activity remained muted with Nifty forming inside bar like candle and is holding firmly above Friday low. The outlook for market remains positive given bullish formation of
Market Morning Notes For 6th May 2024
Markets for the week ended with marginal gains after Friday’s decline wiped out most of the weekly gains and led to the formation of gravestone doji on candlestick. Gravestone do