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

| More

Daily Markets - August 5, 2020 - Mr. Deepak Jasani, Head Retail Research, HDFC Securities

Posted On: 2020-08-05 09:29:50


Indian benchmark indices gave up early session gains and ended flat on Wednesday. The NSE Nifty 50 index ended 0.1% higher at 11,101.

Volumes on the NSE were on the higher side with Metals and Auto stocks outperforming and Pharma and PSU Banks underperforming. Among metal stocks, Hindalco and Tata Steel which rose 8.2% and 6.3% respectively.

Broader markets outperformed with the midcap index gaining 0.6% while the smallcap index gained 1.2%.

European stocks made gains early on Wednesday aided by a batch of positive earnings, despite a concoction of risks sending gold above $2,000 an ounce for the first time in history. Investors focused on U.S.-China trade discussions and American lawmakers making progress on an economic aid package. Stocks in Asia took a breather on Wednesday, despite a strong performance on Wall Street overnight.

A gauge of India's services sector indicated some improvement in activity as the nation eased certain restrictions imposed to contain the coronavirus pandemic. The India Services Business Activity Index, compiled by IHS Markit, stood at 34.2 in July compared with 33.7 in June, according to a media statement. Consequently, the Composite PMI, measuring services and manufacturing activity together, fell to 37.2 in July from 37.8 in June.

The Nifty has again shown hesitation in showing follow through gains although stock specific moves abound based on micro developments and corporate results.


Source: Equity Bulls

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





Other Headlines:

Daily Markets - Sep 29, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - Sep 29, 2020 - Bonanza Portfolio

Technical View - Sep 29, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Technical View - Sep 28, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Market wrap-up - 28th September, 2020 - Angel Broking

Daily Market Commentary - Sep 28, 2020 - Bonanza Portfolio

Daily Markets - Seo 27, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Rupee - 28th September, 2020 - Angel Broking

Some respite at 200-SMA, but still not out of the woods yet: Angel Broking

Market Outlook - F&O - Sep 25, 2020 - ICICI Securities

Market Outlook - Technical - Sep 25, 2020 - ICICI Securities

Market Outlook - Index to consolidate (11300-10800) amid stock specific action...

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

Daily Market Wrap - Sep 25, 2020 - Angel Broking

Daily Market Commentary - Sep 25, 2020 - Bonanza Portfolio

Weekly Markets Outlook - Sep 25, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Mid-day market comment - Sep 25, 2020 - Angel Broking

Market Wrap - Sep 24, 2020 - Mr. Aamar Deo Singh, Head Advisory, Angel Broking Ltd

Technical View - Sep 24, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Negative global cues weigh heavily on the expiry day: Angel Broking

Daily Markets - Sep 24, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - Sep 24, 2020 - Bonanza Portfolio

Mid-day market comment - Sep 24, 2020 - Angel Broking

Daily Market Wrap - Sep 23, 2020 - Angel Broking

Market fails to capitalize on the positive opening: Angel Broking

Daily Market Commentary - Sep 23, 2020 - Bonanza Portfolio

Daily Markets - Sep 23, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

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

Intraday pullbacks face selling pressure: Angel Broking

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

Daily Market Commentary - Sep 22, 2020 - Bonanza Portfolio

Mid-day market commentary - Angel Broking

Rollover Analysis (September 22): Highest Put base at 11000 remains crucial support in settlement week...

Technical View - Sep 21, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

PCR-OI surged 11% amid broad base meltdown: Angel Broking

Market tumbles on geopolitical concerns: Angel Broking

Daily Market Commentary - Sep 21, 2020 - Bonanza Portfolio

Technical & Derivatives Report - 21st September 2020 - Angel Broking

Daily Markets - Sep 21, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Some tentativeness around 11600 - 11650: Angel Broking

Market Outlook - Technical - Sep 18, 2020 - Dharmesh Shah, Head - Technical, ICICI direct

Derivatives Weekly View (September 18): Nifty likely to consolidate around 11500 in expiry week - ICICI Securities

Daily Markets - Sep 18, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Technical View - Sep 18, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Global weakness leads to some profit taking: Angel Broking

Daily Markets - Sep 17, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Wrap Up - Sep 17, 2020 - Angel Broking

Daily Market Commentary - Sep 17, 2020 - Bonanza Portfolio

Technical View - Sep 17, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

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







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

disclaimer copyright © 2005 - 2019