Disclaimers: This is completely a Knowledge based and Doesn't Contain any "Buy/Sell Tips".Stocks mentioned in this article are not to be viewed as recommendations for buying or selling."They are experiments" and they can move in either-way.
Saturday, June 10, 2017
Friday, June 9, 2017
Friday, December 12, 2014
Daily commentary: 12 12 2014
Market
was flat for the last trading day of the week. Nifty and Sensex ended negative.
Today NSE benchmark Nifty closed -0.81% low and BSE Sensex with -0.91%. Traders
remained cautious ahead of IIP
and retail inflation data to be released later in the day. BSE oil and
gas index hit 7 months low. Today’s fall
is the biggest fall since July.
The
movers of the day are Ultratech Cement , Maruti, Lupin, Ambuju Cement and Sun
Pharma . And the top losers of the day are GAIL, Tata Steel, CAIRN, ONGC and
SSLT.
The
entire Broad Index ended up red. With Midcap and small cap poorly hit. CNX
pharma was up by +0.23%. India Vix was up by +7.67%. Wherein Crude oil fell
below $63/Barrel
Asian markets closed mixed. Japan's
Nikkei finished 0.66% higher, Hong Kong's Hang Seng was down 0.27%, and China's
Shanghai Composite was up 0.43% at the end of the day. US futures are also
sinking. China's industrial
output grew by a less-than-expected 7.2% in November from a year ago, but
retail sales rose 11.7%, beating forecasts.
As there
was a weakness seen in stocks and US dollar; gold were up by 3% putting it us
the biggest rise in last 6 months in global markets. The entire precious metals
even silver and platinum are showing some rise.
Wednesday, December 10, 2014
Daily Commentary: 10/12/2014
After 3 day continues fall today Market closed marginally higher. Nifty was volatile with +0.18% and
Sensex also closed higher yet out of 30 scripts only 13 were on positive note. Meanwhile, ONGC, SBI,
Tata motors were the limelight stocks for the day.
Traders are still cautious over market as there was not directional cue from today. Market breadth on the
BSE remains healthy 1,587 shares advancing and 1,176 shares declining. Foreign Portfolio Investors sold
a net worth Rs 221.52 crore on Tuesday as per provisional data. India VIX was negative by -2.02%
The Top Movers of the day are SBIN, Jindal Steel, ONGC, PNB and Bank of Baroda. Top losers of the
day are NMDC, BHEL, HUL, GAIL and Tech M.
As Chinese consumer inflation was reported to be 5 year low Chinese market +3% higher to yesterday.
Weak crude oil price and pull-down in US Market affected Japanese market due to which Nikkei was low
by -2%
However, BSE Capital Goods, IT and FMCG are losing sheen and are down between -0.4 to -1%. Yet,
Midcap and small cap closed higher and stool as outstanding index for the day. Meanwhile, Government
is thinking to conclude coal linkage rationalization an and swapping agreement for terenal project wich
will save 6000 crores . This is going to benefit power projects of companies including Adani Power,
Indiabulls Power and NTPC, among others.
Sensex also closed higher yet out of 30 scripts only 13 were on positive note. Meanwhile, ONGC, SBI,
Tata motors were the limelight stocks for the day.
Traders are still cautious over market as there was not directional cue from today. Market breadth on the
BSE remains healthy 1,587 shares advancing and 1,176 shares declining. Foreign Portfolio Investors sold
a net worth Rs 221.52 crore on Tuesday as per provisional data. India VIX was negative by -2.02%
The Top Movers of the day are SBIN, Jindal Steel, ONGC, PNB and Bank of Baroda. Top losers of the
day are NMDC, BHEL, HUL, GAIL and Tech M.
As Chinese consumer inflation was reported to be 5 year low Chinese market +3% higher to yesterday.
Weak crude oil price and pull-down in US Market affected Japanese market due to which Nikkei was low
by -2%
However, BSE Capital Goods, IT and FMCG are losing sheen and are down between -0.4 to -1%. Yet,
Midcap and small cap closed higher and stool as outstanding index for the day. Meanwhile, Government
is thinking to conclude coal linkage rationalization an and swapping agreement for terenal project wich
will save 6000 crores . This is going to benefit power projects of companies including Adani Power,
Indiabulls Power and NTPC, among others.
Tuesday, December 9, 2014
Market Commentary:12/9/2014
Major Indian Index Nifty and Sensex opened negative and
after two failed attempts to stay positive Nifty Slipped -1.16% and Sensex
slipped -1.15%. Both the Indices gave conformation of 20DMA negative breakout
which happened yesterday. Indian Market ended up its 8 week low.
Today all the major Indices were negative; India VIX was up
by 2.36%. The major losers in stock are SSTL, ONGC, Tata Power, Tata Steel and
the top gainers are M&M, Dr. Reddy, Sun Pharma and HCL Tech
Most of all Asian Markets are in negative in which Chinese
market fell over 5% creating a major fall since 2009. Meanwhile Brent Crude oil
hit its 5 year low at USD 66/Barrel.
Technical Analyst predicts 100DMA can be the next support
for Nifty and Sensex. Indian stock market is likely to consolidate further this
week. Traders say weak global cues and rise in current account deficit (CAD) is
the major reason for today’s fall.
Sunday, September 21, 2014
Thursday, September 18, 2014
Subscribe to:
Posts (Atom)