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

| More

Daily market commentary - October 17, 2019 - BONANZA PORTFOLIO LTD

Posted On: 2019-10-17 17:50:10

Mr Jaipal Shetty, Fundamental Analyst

Finance Minister Nirmala Sitharaman has said that trade negotiations between India and the US are going well and will conclude sooner than expected.

Finance Minister stated that the government is focused on boosting consumption.

The central bank's estimates come in the wake of GDP growth plunged to 5% in the first quarter of 2019-20, touching a six-year low, on a massive slowdown in consumption and private sector investments.

Mindtree closed -1.88% as its operating margin missed estimate.

Bajaj consumer care share zoomed after Bajaj Resources, a promoter of firm offloaded stake in company.

The BSE Sensex closed at 39,052.06, up by 453.07 points or 1.17% and NIFTY50 closed at 11,586.35, up by 122.35 points or 1.07%.

The BSE mid cap index up by 1.77%, while small cap index up by 0.89%.

The top gaining sectoral indices are NIFTY Auto up by 3.13%, NIFTY PSU Bank up by 3.00%, NIFTY PVT Bank up by 1.71%, NIFTY Bank up by 1.58%. The top losing sectoral index today was NIFTY IT down by 0.41%.

The top gainers on the Sensex were Yes Bank Ltd up by 15.31%, Tata Motors Ltd up by 13.35 %, Indusind Bank Ltd up by 5.18 %, Bajaj-Auto Ltd up by 3.89% and Tata Steel Ltd up by 3.61%. On the flip side, Bharti Airtel Ltd down by 0.18%, Infosys Ltd down by 0.22%, Tech Mahindra Ltd down by 0.28%, Kotak Mahindra Bank down by 0.31%.


Source: Equity Bulls

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





Other Headlines:

Market fails to capitalize on positive opening: Angel Broking

It was the day of Consolidation; SBI may continue to outperform ahead of IPO SBI card - TradingBells

Daily market commentary - 25th February 2020 - BONANZA PORTFOLIO LTD

Last week optimism gone for a toss, 11800 - 11750 to watch out for: Angel Broking

Technical & Derivatives Report 24th February 2020: Angel Broking

Daily Market Commentary - 20th February 2020 - BONANZA PORTFOLIO LTD

Next week bull trend will resume for fresh all-time high - TradingBells

Recovery results into Island reversal pattern, expect rally to extend: Angel Broking

Index enters consolidation phase, 11990 key supports: Angel Broking

Daily market commentary - February 17, 2020 - Bonanza Portfolio Ltd

Market Commentary - February 4, 2020 - BONANZA PORTFOLIO LTD

Daily market commentary - 27th January 2020 - BONANZA PORTFOLIO LTD

Technical & Derivatives Report 27th January 2020: Angel Broking

Daily market commentary - 24th January 2020 - BONANZA PORTFOLIO LTD

Daily market commentary - 23rd January 2020 - BONANZA PORTFOLIO LTD

Daily market commentary - 21st January 2020 - BONANZA PORTFOLIO LTD

Some reality check at record highs, but the broader trend still remains up: Angel Broking

Index remains choppy but midcaps continue its stellar run: Angel Broking

Daily market commentary - 15th January 2020 - BONANZA PORTFOLIO LTD

Market regains strength after early hiccup, midcaps continue to outshine: Angel Broking

Market trim losses post gap down opening: Angel Broking

Daily market commentary by - January 7, 2020 - BONANZA PORTFOLIO LTD

Market corrects sharply amidst global tensions: Angel Broking

Daily market commentary - 31st December 2019 - BONANZA PORTFOLIO LTD

Mid & small cap offers attractive risk-reward trade-off for 2020

Daily market commentary - 30th December 2019 - BONANZA PORTFOLIO LTD

Daily market commentary - 27th December 2019 - BONANZA PORTFOLIO LTD

Daily market commentary - 26th December 2019 - BONANZA PORTFOLIO LTD

Daily market commentary - 24th December 2019 - BONANZA PORTFOLIO LTD

Daily market commentary - 23rd December 2019 - Mr Jaipal Shetty, Fundamental Analyst, BONANZA PORTFOLIO LTD

Daily market commentary - 20th December 2019 - BONANZA PORTFOLIO LTD

Daily market commentary - 19th December 2019 - BONANZA PORTFOLIO LTD

Santa rally continues for the bulls: Angel Broking

Nifty breaks out to new all-time record close of 12221.65

Daily market commentary - 18th December 2019 - Mr Jitendra Upadhyay, Fundamental Analyst, BONANZA PORTFOLIO LTD

Daily market commentary - 17th December 2019 - Mr Jitendra Upadhyay, Fundamental Analyst, BONANZA PORTFOLIO LTD

New record highs for the index, broader markets rally: Angel Broking

Merely a breather before fresh highs: Angel Broking

Last hour rally brings some relief for traders: Angel Broking

12010 - 11930 becomes a sacrosanct support zone: Angel Broking

Suman Chowdhury, President - Ratings at Acuité Ratings and Research on Q2 FY20 GDP

FIIs 'Long Short Ratio' surged to 61%: Angel Broking

Daily market commentary - 29th November 2019 - Mr Jaipal Shetty, Fundamental Analyst, BONANZA PORTFOLIO LTD

Daily market commentary - 28th November 2019 - Mr Jaipal Shetty, Fundamental Analyst, BONANZA PORTFOLIO LTD

Index at new highs, stocks witnesses buying interest: Angel Broking

Market Wrap - Mr. Santosh Meena, Senior Analyst, TradingBells

Index is all set for new highs: Angel Broking

Index eyeing record highs now, Pharma seems to be the flavor now: Angel Broking

12000 or beyond not too far now: Angel Broking

Index consolidating but 'Pharma' continues to buzz: Angel Broking







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

disclaimer copyright © 2005 - 2019