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

| More

Daily Market - June 4, 2021 - Mr. Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities

Posted On: 2021-06-05 04:42:18 (Time Zone: UTC)


Indian benchmark indices ended the day with small losses on the last trading session of the week. After opening on a positive note, Nifty made an attempt to move up in the early part of the session. It made a new high at 15733 levels and showed minor weakness from the highs. A recovery in the last one hour helped to curb the losses. The Nifty finally lost 20.1 points or 0.13% to close at 15,670.3. Broad market indices like the BSE Mid Cap and Small Cap indices gained more, thereby outperforming the Sensex/Nifty. Market breadth was positive on the BSE/NSE.

Sectorally, the top gainers were the BSE Oil and Gas, Capital Goods, Metal, Telecom and Auto indices. The top losers were the BSE Bankex, CD and FMCG indices.

RBI's MPC voted unanimously to leave the policy repo rate unchanged at 4% as expected and continues to maintain accommodative stance. Given the uncertainty circling around economic impacts of the second wave - the rates will be kept low as long as it is required, and they are not thinking about normalising the unconventionally easy policy right now.

Technically, while the Nifty has corrected today, the intermediate uptrend remains intact. We expect the Nifty to gradually move higher towards new life highs in the coming sessions. Immediate supports to watch for weakness are at 15622-15611.


Source: Equity Bulls

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


Other Headlines:

Post Market views - July 22, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Daily Market Wrap - July 22, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Currency Updates - July 22, 2021 - Kotak Securities

Rupee - July 22, 2021 - Reliance Securities

Daily Market Commentary - July 22, 2021 - Bonanza Portfolio

Technical View - July 22, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Market Wrap - July 19, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

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

Daily Market Commentary - July 19, 2021 - Bonanza Portfolio

Rupee - July 19, 2021 - Reliance Securities

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

Rupee - July 17, 2021 - Reliance Securities

Market Outlook - Technical - July 17, 2021 - ICICI Direct

Rupee - July 16, 2021 - Reliance Securities

Daily Market Wrap - July 16, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - July 16, 2021 - Bonanza Portfolio

16000 very much in sight now, banks need to chip in : Angel Broking

Kotak Securities - Evening Currency Updates - 16-07-2021 - Anindya Banerjee

Post Market views - July 16, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - July 16, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

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

Daily Market Wrap - July 15, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

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

Pre-Market views - July 15, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Rupee - July 14, 2021 - Reliance Securities

Daily Market Wrap - July 13, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

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

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

Rupee - July 13, 2021 - Reliance Securities

Daily Market Commentary - July 13, 2021 - Bonanza Portfolio

Daily Market Wrap - July 12, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - July 12, 2021 - Bonanza Portfolio

Post Market views - July 12, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Rupee - July 12, 2021 - Reliance Securities

Technical View - July 12, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Post Market views - July 9, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities.

Rupee Outlook - July 9, 2021 - Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities

Daily Market Wrap - July 9, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Rupee - July 9, 2021 - Reliance Securities

Daily Market Commentary - July 9, 2021 - Bonanza Portfolio

Technical View - July 9, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Currency Updates - July 8, 2021 - Kotak Securities

Markets Daily - Mr. Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities

Rupee - July 8, 2021 - Reliance Securities

Daily Market Commentary - July 8, 2021 - Bonanza Portfolio

Post Market views - July 8, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - July 8, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - July 7, 2021 - Reliance Securities

Daily Markets Wrap - July 7, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - July 7, 2021 - Bonanza Portfolio


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

disclaimer copyright © 2005 - 2020