News Bulletin and Market Update: 11/10/2021

News Bulletin ▫️ Andhra Pradesh, Delhi and Rajasthan seeks centre support for power crisis. ▫️Centre clears the fear over coal crisis and said there is enough coal with Coal India Limited and power companies to provide power to the country. ▫️Reliance Industries bought foreign solar panel equipment manufacturer REC Solar Company for ₹5,800 crores. ▫️ [...]

News Bulletin and Market Update: 01/10/2021

Market Update▫️Indian markets continued to fall for 3rd straight day, as weak overseas sentiment weighed on the domestic markets.▫️Sensex and Nifty plunged to 59,126 (-0.48%) and 17,618 (-0.43%).▫️ Market Breadth was almost flat with advance decline of 906:901. However, midcap and small cap indices outperformed the benchmark and closed positive.▫️ Volatility eased down yesterday, with [...]

Market Update and News Bulletin: 30/09/2021

Market Update▫️Indian markets continues their sell off on Wednesday, amid weak global markets, rising treasury yields and rising inflation concerns.▫️Indian bond market is also seeing wide selling as there has been 5-15 bps increase in the bond yields.▫️At the end of the day, Sensex and Nifty closed at 59,413 (-0.43%) and 17,711 (-0.21%).▫️ Private Banks, [...]

Market Analysis and News Update: 23/09/2021

Market Update ▫️Indian markets traded in a narrow range yesterday, ahead of US Fed Policy Outcome. ▫️Sensex and Nifty ended flat at 58,927 (-0.13%) and 17,546.55 (-0.09%). ▫️ Sectorwise, Media and Realty outperformed, while financial services and private banks suffered. ▫️Overall, market breadth was positive with Midcap and Smallcap indices climbing 1.7% and 1.4%. Advance: [...]

Market Update and News Bulletin: 22/09/21

Market Update ▫️Indian markets witnesses a mixed session yesterday, and markets recovered sharply in the second half after fears of contagion effect from the fall out of Evergrande eased. ▫️Sensex and Nifty closed positive at 59,005 (+0.88%) and 17,562 (+0.95%). ▫️ Volatility Index VIX fell by 5.55% to 16.52, reflection increased investor confidence. ▫️Real Estate, [...]

Daily Dose of Market and News: 17/09/21

Market Update ▫️ Indian markets extended the rally, on account of support measures announced by the government for various sectors. ▫️Sensex and Nifty closed at 59,141 (+0.71%) and 17,629 (0.69%). ▫️Banking Sector was show stealer which jumped on expectations of Finance Minister's announcement of government funded Bad Bank. Nifty Bank and Nifty PSU Bank surged [...]