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

| More

Daily Market Commentary - Nov 18, 2020 - Bonanza Portfolio

Posted On: 2020-11-18 04:04:22 (Time Zone: Arizona, USA)


Mr Vishal Wagh, Research Head

On Wednesday, Indian equity benchmarks made a cautious start as investors remain concerned about rising cases of coronavirus worldwide amid mixed global cues. Markets are trading a tad lower and hovering near neutral lines, as selling in IT, TECK and Consumer Durables stocks weighted on domestic indices. In the afternoon session, Indian equity benchmarks rebounded in positive territory and currently trading marginally higher with Sensex and Nifty trading above at 44,100 and 12,900 levels.

Most of the Asian equity benchmarks are trading higher on Wednesday, kindled by the optimism that the covid-19 vaccine will soon be out to control the surging coronavirus infections and the economic destruction it caused.

There will be some buzz in sugar stocks as industry body ISMA said sugar production in India, the world's second-largest producer of the sweetener, surged due to better crop output and timely commencement of the crushing operation.

In Nifty 50 top gainers are Mahindra & Mahindra Ltd, Tata Motors Ltd, Larsen & Toubro Ltd, Bajaj Finserv Ltd and IndusInd Bank Ltd. The loser was Bharat Petroleum Corporation Ltd, Hindustan Unilever Ltd, Hero MotoCorp Ltd, ITC Ltd and Dr. Reddy's Laboratories Ltd.

Moving forward, Nifty is in uncharted territory. The extension of the rally till 13040-13134 may continue. On the lower side support is at 12800.


Source: Equity Bulls

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





Other Headlines:

Broader markets witness some profit booking, be watchful: Angel Broking

Daily Markets - Jan 21, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Rupee - Jan 21, 2021 - Reliance Securities

Sensex touches 50k - Comment from YES SECURITIES

Post Market views - Jan 21, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Sensex hits all time high - Mr. Jyoti Roy, DVP - Equity Strategist, Angel Broking Ltd

Ether Hits All-Time High - Views of ZebPay

Stronger hands preferred exiting longs: Angel Broking

Momentous day for India's Capital Markets - Mr. Deepak Jasani

Daily Markets - Jan 20, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

New high again for Nifty, ends around 14650: Angel Broking

Rupee - Jan 20, 2021 - Reliance Securities

Daily Market Commentary - Jan 20, 2021 - Bonanza Portfolio

Post Market views - Jan 20, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - Jan 20, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Markets - Jan 19, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Smart comeback after two days correction, reclaims 14500: Angel Broking

Rupee - Jan 19, 2021 - Reliance Securities

Daily Market Commentary - Jan 19, 2021 - Bonanza Portfolio

Post Market views - Jan 19, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - Jan 19, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Markets - Jan 18, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Friday's Correction extends, Nifty enters sub 14300 territory: Angel Broking

Daily Market Commentary - Jan 18, 2021 - Bonanza Portfolio

Rupee - Jan 18, 2021 - Reliance Securities

Post Market views - Jan 18, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - Jan 18, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - Jan 15, 2021 - Reliance Securities

Daily Markets - Jan 15, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

The fear index rallied 16% last week, stay cautious: Angel Broking

Post Market views - Jan 15, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - Jan 15, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Markets - Jan 14, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Rupee - Jan 14, 2021 - Reliance Securities

Daily Market Commentary - Jan 14, 2021 - Bonanza Portfolio

Post Market views - Jan 14, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - Jan 14, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - Jan 13, 2021 - Reliance Securities

Daily Markets - Jan 13, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Some hint of real of profit booking, market still defends key support: Angel Broking

Daily Market Commentary - Jan 13, 2021 - Bonanza Portfolio

Post Market views - Jan 13, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - Jan 13, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Nifty almost at 14500, IT and Auto stocks shine: Angel Broking

Daily Markets - Jan 11, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Rupee - Jan 11, 2021 - Reliance Securities

Daily Market Commentary - Jan 11, 2021 - Bonanza Portfolio

Post Market views - Jan 11, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - Jan 11, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Markets - Jan 8, 2021 - 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 - 2020