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

| More

Daily Market Wrap-Up - Oct 19, 2020 - Angel Broking

Posted On: 2020-10-19 04:08:18


Mr. Aamar Deo Singh - Head Advisory, Angel Broking Ltd

"Markets witnessed a sharp rally in todays' trading session, on the back of positive global cues, and strong upmove in the banking and financial stocks. The benchmark Index Nifty 50 closed @ 11,873, up 110 points. Advances outnumbered declines by almost 2:1. Amongst the Top 3 Nifty gainers were Icici Bank, Axis Bank and Nestle whereas Eicher Motors, Hero Motocorp and Cipla were the Top 3 Nifty losers. Overall, the uptrend remains intact but we are likely to see enhanced volatility in coming weeks, with crucial support for the Nifty seen around 11600-11650 levels whereas resistance is seen around 12000-12050 zone."

Mr. Keshav Lahoti - Associate Equity Analyst, Angel Broking Ltd

"Indian market rallied due to rally in banking sector post HDFC Bank strong Q2FY21 result and positive global cues. Sensex , Nifty and Nifty Bank closed up by 1.1%, 0.9% and 3.1% respectively. On the sectoral indices front, it was a mixed day, Bank, FMCG, Metal, Realty closed in green. Whereas Auto, IT, Pharma closed in red. Top gainers of the Nifty were ICICI Bank (5.3%), Axis Bank (4.4%) and Nestle (4.3%). Top losers of the Nifty were Divis Labs (4.0%), Eicher Motors (3.2%) and Hero Motocorp (2.9%). Dow Futures and Nasdaq Futures were up by 0.7% and 1.1% respectively, while FTSE was flat. In this week, leaders of the industry such as ACC, HUL, Britannia results will be announced, which will decide action for that specific sector. Next few days, market action will be dependent on result announcement, management commentary post result and global happenings."


Source: Equity Bulls

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





Other Headlines:

Nifty consolidates around 13000, but broader market outshines: Angel Broking

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

Rupee - Nov 27, 2020 - Reliance Securities

Technical View - Nov 27, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rollover Analysis (November 27): Nifty may continue to consolidate amid high volatility...

November series ends on a positive note at 13000: Angel Broking

Market Wrap - Nov 26, 2020 - Angel Broking

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

Rupee - Nov 26, 2020 - Reliance Securities

Daily Market Commentary - Nov 26, 2020 - Bonanza Portfolio

Daily Markets - Nov 26, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

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

Some decent profit booking after a relentless run: Angel Broking

Market Wrap Up - Nov 25, 2020 - Angel Broking

Daily Market Commentary - Nov 25, 2020 - Bonanza Portfolio

Rupee - Nov 25, 2020 - Reliance Securities

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

13000 finally a reality, banking propels the move: Angel Broking

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

Daily Market Commentary - Nov 24, 2020 - Bonanza Portfolio

Market Commentary - Nov 24, 2020 - Angel Broking

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

13000 just a number now, hope to be the reality soon: Angel Broking

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

Market Wrap-Up - Nov 23, 2020 - Angel Broking

Daily Market Commentary - Nov 23, 2020 - Bonanza Portfolio

Technical View - Nov 23, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Technical View - Nov 20, 2020 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - Nov 20, 2020 - Reliance Securities

Daily Market Commentary - Nov 20, 2020 - Bonanza Portfolio

Markets Daily - Nov 20, 2020 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Euphoric move finally pauses with a sharp u-turn: Angel Broking

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

FIIs buying in equities highest for this financial year: Angel Broking

Rupee - Nov 19, 2020 - Reliance Securities

Daily Market Commentary - Nov 19, 2020 - Bonanza Portfolio

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

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

13000 is merely a formality now: Angel Broking

Daily Market Commentary - Nov 18, 2020 - Bonanza Portfolio

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

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

Nifty just shy away of 13000: Angel Broking

Daily Market Commentary - Nov 17, 2020 - Bonanza Portfolio

Rupee - Nov 17, 2020 - Reliance Securities

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

Covid-19 - Moderna vaccine update - Angel Broking

Technical & Derivatives Report - November 17, 2020 - Angel Broking

Currency Update - Nov 17, 2020 - Reliance Securities

Bulls delighted ahead of Diwali, hope to have fabulous SAMVAT: Angel Broking



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

disclaimer copyright © 2005 - 2019