Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Market Commentary

| More

RBI Policy update from Mr. Romesh Tiwari, Head of Research, CapitalAim

Posted On: 2019-06-06 23:23:52


25 basis point cut is inline with our minimum expectation and was already discounted in the market. The downward revision of GDP growth reflects concern over slowdown and supports shifting of RBI stance to accommodating policy. We expect banking shares to remain strong in the midterm while NBFCs may further correct before consolidating. Largely market will not be driven by this news. Current valuations do not justify Nifty and Sensex and are due for a correction soon. Now all the eyes will be on the Budget session which may bring some big measures for revitalizing the economy. Short term target for Nifty is 11,880 and breaking below that may take the Nifty 11,660 levels in the medium term.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Technical View - July 9, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Commentary - July 9, 2020 - Bonanza Portfolio

Market consolidates with positive bias at 200-SMA: Angel Broking

Daily Markets - July 9, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Technical View - July 8, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Profit booking seen in last hour of trade: Angel Broking

Daily Markets - July 8, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Daily Market Commentary - July 8, 2020 - Bonanza Portfolio

Financial space drives the rally, base shifts at 10689: Angel Broking

Daily Markets - July 7, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Technical & Derivatives Report - 7th July 2020 - Angel Broking

Technical View - July 7, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Technical View - July 6, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Commentary - July 6, 2020 - Bonanza Portfolio

Nifty continues its upmove, midcaps in momentum: Angel Broking

Daily Markets - July 6, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Market Outlook - F&O - Amit Gupta, Head - Derivatives, ICICI direct

Market Outlook - Technical - Dharmesh Shah, Head - Technical, ICICI direct

Broader market outperformance to extend.. - Market Outlook - ICICI Securities

Daily Market Commentary - July 3, 2020 - Bonanza Portfolio

Technical View - July 3, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Markets - July 2, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Daily Market Commentary - July 2, 2020 - Bonanza Portfolio

Indian Rupee - July 2, 2020 - Mr. Anuj Gupta (DVP-Commodities & Currencies Research, Angel Broking)

Nifty at 4-months high, base shifts at 10300: Angel Broking

Technical View - July 2, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Markets Daily - July 1, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Financial space takes a lead, Nifty reclaims 10400: Angel Broking

Daily Market Commentary - July 1, 2020 - Bonanza Portfolio

Technical View - July 1, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Commentary - June 26, 2020 - Bonanza Portfolio

Technical View - June 26, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Market Outlook - F&O - June 26, 2020 - ICICI Securities

Market Outlook - Technical - June 26, 2020 - ICICI Securities

Stock specific activity to remain in focus amid consolidation in benchmark indices... - ICICI Securities

Bulls defended the territory, better to take one step at a time: Angel Broking

Daily Markets - June 25, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Daily Market Commentary - June 25, 2020 - Bonanza Portfolio

Technical View - June 25, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Markets - June 22, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Daily Market Commentary - June 22, 2020 - Bonanza Portfolio

Technical View - June 22, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Broader markets witness buying momentum: Angel Broking

Daily Market Commentary - June 19, 2020 - Bonanza Portfolio

Technical View - June 19, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Commentary - June 18, 2020 - Bonanza Portfolio

Daily Markets - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Nifty reclaims 10000 with some authority: Angel Broking

Call writers compelled to unwind positions on expiry day: Angel Broking

Geopolitical concerns keeps market on toes: Angel Broking







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019