Asia Markets largely higher as new BOJ chief chairs fist policy meeting Nik,28571/25/0.35% Dj,33826/524/1.6% Vix17.03 ,-9.61% US stocks rise as traders cheers strong meta results,
Oil,74.71,prices find some support after heavy losses on US recession fears, Gold, 1994.6,climbs on subdued dollar US data in spotlight , Bonds,3.522, yields gain despite slower than expected GDP growth, Dollar,Euro near one year peak as US economic risks weigh on dollar, BC29503/1003/3.5%
Nifty:%;Candle:OF,Long day green; Bank Nifty:% Candle:OF,Short day green ; HB:OF,Short day green, 1681,
News:SGX Nifty indicates a positive start for the broader index with a gain of 140 points after the Nifty closed 101 points higher at 17,915 on Thursday. SGX futures stood at 18,060. Wipro logs in 11% YoY rise in Q4 revenue at Rs 23,190 crore, misses estimates, Axis Bank Q4 result: Private lender reports loss of Rs 5,728 crore,
Events/Results:
Market wrap up(DWM,T,N,E):Equity markets continued their upward journey for the fourth consecutive session on April 27, the expiry day for April futures & options contracts, with the Nifty50 getting back above 17,900 mark driven by buying almost across all sectors barring FMCG. The BSE Sensex rose 349 points to close at 60,649, while the Nifty50 climbed 101 points to 17,915 and formed bullish candlestick pattern on the daily scale, with making higher highs higher lows for four days in a row. “On the daily chart, the index has given an Inverted Head and Shoulder pattern, suggesting a bullish reversal. Besides, the index has remained above the critical moving average. On the higher end, Nifty might move towards 18,000-18,100 over the near term,” On the lower end, the support is placed at 17,800, The market breadth also improved further with three shares advancing for every two declining shares on the NSE. The Nifty Midcap 100 and Smallcap 100 indices gained 0.6 percent and 0.8 percent, respectively.
Asia markets lower as new BOJ chief chairs first policy meeting; Nik,28260/-34/-0.47% Dj,33302/-228/-0.68 Vix18.84; Nasdaq100 futures rise wednesday night following Meta’s quarterly result,
Oil,76.35,slides as recession fears offset US inventory draw, Gold, 1997.1,flirts with $2000 dollar , as US banking worries resurface, Bonds,3.447, yields rise as investors weigh economic data, Fed rate policy plan, Dollar, sterling rises as trader retrace steps out of safe haven dollar, BC 29805/2224/8%
Nifty:17813.6/44.35/0.25%;Candle:OGU,Doji; Bank Nifty:42829.9/151.4/0.35% Candle:OGU,Doji ; HB:OF,Short day green,1672,
News:SGX Nifty indicates a mildly negative start for the broader index with a loss of 37 points after the Nifty closed 44 points higher at 17,813 on Wednesday. SGX futures stood at 17,787. HUL Q4 Preview | Net profit likely to rise 13%, volume growth seen at 5%, SBI Life Q4 results: Net profit up 15% at Rs 777 crore, net premium income at Rs 19,897 crore,
Events/Results:Hindustan Unilever, Axis Bank, Wipro, Tech Mahindra, ACC, Bajaj Finserv, Aarti Surfactants, Aditya Birla Sun Life AMC, Chennai Petroleum Corporation, Coforge, Dwarikesh Sugar Industries, Gateway Distriparks, Glenmark Life Sciences, Indian Hotels, Laurus Labs, LTIMindtree, Motilal Oswal Financial Services, Mphasis, Shriram Finance, Tinplate Company of India, Trent, and Welspun India will be in focus ahead of March quarter and full-year earnings on April 27.
The National Stock Exchange has added GNFC to its F&O ban list and retained Zee Entertainment Enterprises for April 27.
Market wrap up(DWM,T,N,E):Equity benchmarks closed with moderate gains on April 26, continuing the uptrend for three days in a row, ahead of the monthly expiry of futures and options contracts on Thursday. Most of the sectors barring metal and oil and gas finished the session on a positive note. The BSE Sensex advanced 170 points to 60,301, while the Nifty50 seems to be inching up towards its recent swing high of 17,860, up 44 points to close at 17,814 and formed a bullish candlestick pattern on the daily charts, making higher highs and higher lows formation. “The Nifty is gradually advancing towards the crucial overhead resistance of 17,863 levels, which is not only a swing high of April 17, but also the high of Bearish Engulfing pattern of daily and weekly timeframe charts,” a sustainable move above this hurdle is likely to open sharp upside momentum for the Nifty ahead, but there is a possibility of minor consolidation movement at the highs before showing a decisive upside breakout for the near term. Immediate support is at 17,700 levels, The broader markets also closed higher with moderate gains. The Nifty Midcap 100 and Smallcap 100 indices gained 0.15 percent and 0.46 percent respectively.
Asia markets mostly lower, as wall street banking fears reignite, Nik,28538/-82/-0.3% Dj,33530/-345/-1% Vix18.76/11.1% US stock futures rise tuesday night after microsoft ,alphabet post earning beats,
Oil,77.4, falls as investors ponder china demand, rate hikes, Gold,2000.4,little changed as US data zooms into focus, Bonds,3.42,yields stumble as investors look to key data for hints about the US economy, Dollar,high as banking jitters resurface , euro slips, BC27417 /36 /0.13%
Nifty:17769.25/25.85/0.15%;Candle:OF,Doji; Bank Nifty:42678.5/42.75/0.1% Candle:OF,Doji ; HB:Of,Short day red,
News:Sebi bans pledging of clients’ funds by brokers as bank guarantees,SGX Nifty indicates a mildly negative start for the broader index with a loss of 37 points after the Nifty closed 25 points higher at 17,769 on Tuesday. SGX futures stood at 17,748. Dalmia Bharat Q4 net profit rises two-fold to Rs 609 crore,
Events/Results:Maruti Suzuki India, Bajaj Finance, HDFC Life Insurance Company, Indus Towers, SBI Life Insurance Company, L&T Technology Services, KPIT Technologies, Can Fin Homes, IIFL Finance, Oracle Financial Services Software, Poonawalla Fincorp, Shoppers Stop, Supreme Petrochem, Syngene International, Tanla Platforms, UTI Asset Management Company, and Voltas will be in focus ahead of quarterly earnings on April 26.
The National Stock Exchange has added Zee Entertainment Enterprises to its F&O ban list for April 26.
Market wrap up(DWM,T,N,E):The market continued to trade higher for the second consecutive session on April 25, driven by select banking & financial services, oil & gas, FMCG and metal stocks. The market continued to trade higher for the second consecutive session on April 25, driven by select banking & financial services, oil & gas, FMCG and metal stocks. “The index remains comfortably above the critical moving averages, suggesting a positive trend. The upside resistance is visible at 17,800, where the bulls may find an immediate resistance. Above 17,800, the Nifty may move higher towards 18,000,” The broader markets had a mixed trend with breadth slightly favouring bulls. The Nifty Midcap 100 index was down 0.1 percent, while the Nifty Smallcap 100 index gained half a percent.
Asia markets mixed at open as investors await big tech earnings, Nik,28693/86/0.3% Dj, 33875/66/0.2% Vix16.89/0.72% US stock futures are flat on Monday noght as wall street looks to tech earnings,
Oil,78.7,prices steady on uncertain global outlook,and supply concerns, Gold,1996,lacks momentum as spotlight remains on Fed outlook, Bonds,3.52, yields fall as investors take stock of US economic outlook, Dollar, edges lower on track for second straight monthly loss, BC 27301/-198/-0.72%
Nifty:17743.4/119.35/0.68%;Candle:OGU,Short day green; Bank Nifty :42635.75/517.75/1.23% Candle:OGU,Short day green ; HB:OGU,Long day green,Short day green,1688,
News:SGX Nifty indicates a mildly positive start for the broader index with a gain of 45 points after the Nifty closed 119 points higher at 17,743 on Monday. SGX futures stood at 17,804. IndusInd Bank Q4 profit zooms 50% to Rs 2,040 crore,
Events/Results:Bajaj Auto, HDFC Asset Management Company, Nestle India, Tata Consumer Products, Anant Raj, AU Small Finance Bank, Dalmia Bharat, Elecon Engineering, Lloyds Metals and Energy, Mahindra CIE Automotive, Mahindra Lifespace Developers, Meghmani Finechem, Mahindra Holidays & Resorts India, Nippon Life India Asset Management, Rallis India, Tata Steel Long Products and VST Industries will announce its quarterly earnings on April 25.
The National Stock Exchange has not added any stock to its F&O ban list for April 25.
Market wrap up(DWM,T,N,E):The market rebounded nicely on April 24 after an over 1 percent loss in the previous week, with the Nifty50 finally getting back above 17,700 level driven largely by banking & financial services stocks. The BSE Sensex reclaimed the psychological 60,000 mark and rallied 401 points to 60,056, while the Nifty50 jumped 119 points to 17,743 breaking out a Bullish Flag pattern on the daily charts. A small positive candle was formed on the daily chart with a long lower shadow. Technically, this pattern indicates an upside breakout of smaller range movement at 17,650 levels,” However, the recent formation of the Bearish Engulfing pattern as per the daily and weekly timeframe chart remains intact. A decisive move above 17,865 levels is expected to negate this bearish pattern and that could probably open a sharp upside for the market ahead,
China markets down 2% leading losses in Asia pacific ,Japan;s core inflation holds steady; Nik,28667/101/0.35% Dj,33809/22/0.07% Vix16.77/-2.3% US stocks end friday session little changed ,dow snaps 4 week win streak, BC 27646/3/-.01%
Oil,77.95,0.75% rises but set for weekly loss as economic uncertainty weighs, Gold, 1994.1,retreats to weekly loss on hawkish Fed, Bonds,3.568, yields inch higher as wall street weighs latest economic data, next fed rate move, Dollar, slips as investors price in end of rate hike cycle,
Nifty:17624.05/0.4/0%;Candle:OF,Doji; Bank Nifty:42118/-151.5/-0.36% Candle:OF,Doji ; HB:OF,Doji;1672;
News:SGX Nifty indicates a mildly positive start for the broader index with a gain of 2o points after the Nifty closed 0.40 points lower at 17,624 on Friday. SGX futures stood at 17,660. ICICI Bank Q4 results: Key highlights from the earnings report,
Events/Results:IndusInd Bank, Century Textiles & Industries, Bank of Maharashtra, Persistent Systems, Mahindra Logistics, IIFL Securities, NELCO, Tamilnad Mercantile Bank, Trident Texofab, and Tata Teleservices (Maharashtra) will be in focus ahead of quarterly earnings on April 24
The National Stock Exchange has not added any stock to its F&O ban list for April 24.
Market wrap up(DWM,T,N,E):The market closed its rangebound session on a flat note on April 21, with the Nifty50 firmly holding its 17,600 mark that coincided with 200-day moving average, while stock-specific action continued amid the ongoing earnings season. The BSE Sensex was up 23 points at at 59,655, while the Nifty50 fell 0.40 points to 17,624, continuing consolidation for a third consecutive session and forming small bodied bearish candlestick pattern on the daily charts with upper and lower shadows. “Technically, this market action signals a formation of high wave type candle pattern. But, having moved with in rangebound action over the last few sessions, the predictive value of this high wave pattern could be less,” Nifty is sustaining above the support of previous upside broken trend line at 17600 levels in the last few sessions, but was not able to show any sustainable upside bounce from the said support. This is not a good sign and this indicates possible downside breakout of the support . the short term trend of Nifty remains weak and there is a possibility of some more weakness in the coming week. A decisive break below 17,600-17,550 levels could open sharp decline for the market. Immediate resistance is at 17,700 levels, However, the broader markets underperformed frontliners as the Nifty Midcap 100 and Smallcap 100 indices fell 0.4 percent and 0.3 percent, respectively, on weak breadth. About three shares declined for every two advancing shares on the NSE.
Asia pacific markets mixed Japan’s core inflation holds steady , Nik,28744/80/0.28% Dj, 33786/-110/-0.33% Vix17.17 / 4.3% US stock futures are flat as wall street processes earning results,
Oil,77.11,dips as expected rate hikes takes toll, Gold,2017.7,firms above $2000on somber US economic data, Bonds,3.536,treausry yield tumbles as economic data points to contracting economy, Dollar, retreats as weak data backs US recession view, BC 28489/-801/-2.74%
Nifty:17624.25/5.7/0.03%;Candle:OF,doji; Bank Nifty:42269.5/115.5/0.27% Candle:Of,Doji ; HB:Of,Doji,1673,
News:RIL may record 17% growth in Q4 operating profit, single-digit rise in topline, bottomline, ICICI Bank net profit likely to rise 30% on higher interest income in Q4, Oil prices slid by about $2 a barrel to their lowest level since late March on Thursday, dragged lower by fears a possible recession could dent fuel demand and after a rise in US gasoline inventories., SGX Nifty indicates a mildly positive start for the broader index with a gain of 29 points after the Nifty closed 5 points higher at 17,624 on Thursday. SGX futures stood at 17,694.,
Events/Results:Reliance Industries (RIL) is going to be in focus ahead of its quarterly and full-year earnings on April 21. Aditya Birla Money, Hindustan Zinc, Tejas Networks, Bheema Cements, Metalyst Forgings, Rajratan Global Wire, and Wendt (India) will also release their quarterly earnings scorecard on the same day. ICICI Bank will be in action ahead of its quarterly and full-year numbers on April 22. Along with that, Yes Bank, Macrotech Developers, CE Info Systems, Star Housing Finance, and Nath Bio-Genes (India) will also be announcing their numbers on the same day.
The National Stock Exchange has not added any stock to its F&O ban list for April 21.
Market wrap up(DWM,T,N,E):The market snapped a three-day fall and closed the weekly F&O expiry session with moderate gains on April 20. Select banking & financial services, and auto stocks supported the market, however, the gains were limited due to selling pressure in pharma, select FMCG and technology stocks. The BSE Sensex rose 65 points to 59,632, while the Nifty50 continued to hold the 17,600 mark, climbing 6 points to 17,625 and forming a Doji kind of pattern on the daily charts, indicating indecisiveness among buyers and sellers about the future trend. On the higher end, he feels 17,700 continues to remain a strong resistance, a decisive move above 17,700 may reinstate the bullishness in the market. However, the broader markets closed flat with a positive bias and the breadth was slightly tilted in favour of bulls.
Asia markets to open mixed, as investors weigh more wall street earnings, Nik,28540/-66/-0.23% Dj,33897/-80/-0.23% Vix16.46/-2.2% US stock futures are slightly down as investors parse corporate earnings,
Oil,78.8,falls 2% as dollar gains on potential Fed rate hike, Gold,2004,slides as yield climbs, doubts grow about Fed’s rate hike pause, Bonds,3.599,rise on global inflation concerns after another hot reading in the UK, Dollar,rise on gaining yield , british inflation lift pound, BC 28897/-1302/-4.3%
Nifty:17618.75/41.4/0.23%;Candle:OGF,Short day red ; Bank Nifty:42154/111.2/0.26% Candle:OGF,Short day red ; HB:OGF,Doji,1666,
News:SGX Nifty indicates a mildly positive start for the broader index with a gain of 23 points after the Nifty closed 41 points lower at 17,618 on Wednesday. SGX futures stood at 17,676.
SGX Nifty indicates a mildly positive start for the broader index with a gain of 23 points after the Nifty closed 41 points lower at 17,618 on Wednesday. SGX futures stood at 17,676.
China, India to lead global growth over the next five years: IMF report, NSE IFSC-SGX Connect to kick off on July 3; SGX NIFTY to be delisted,
Events/Results:
HCL Technologies and ICICI Prudential Life Insurance Company will be in focus ahead of quarterly and full-year earnings on April 20. Cyient, Sterling and Wilson Renewable Energy, Bodhi Tree Multimedia, Orient Green Power Company, Oriental Hotels, Rajnish Wellness, and Reliance Industrial Infrastructure will also release quarterly numbers on the same day.
The National Stock Exchange has not added any stock to its F&O ban list for April 20.
Market wrap up(DWM,T,N,E):The selling pressure in the equity markets continued for the third day in a row but the trading range gradually narrowed on April 19 with the Nifty50 taking support at the 17,600 mark as well as 200-day moving average (DMA), ahead of the weekly expiry on April 20. The index settled at 17,619, down 41.40 points and formed a bearish candle on the daily scale with small upper and lower shadows, indicating a rangebound and volatile session. The BSE Sensex was down 159 points at 59,568. The Nifty Midcap 100 and Smallcap 100 indices also closed in red with moderate losses after breaking a seven-day winning streak and eleven-day gains respectively. “On the lower end, the Nifty found support at the 200DMA for the second time in the last three days, pointing towards the importance of the said support,” a decisive fall below the 200DMA (17,587) may trigger the panic button. In that case, the Nifty might fall towards the 17,400 level, where the next level of support lies, The momentum indicator is indicating weakness with its bearish crossover on the daily timeframe. Therefore, the near-term trend looks negative, while the short-term set-up remains a buy on dips until the Nifty falls below 17,400 decisively, the market expert said.
Asia markets trade mixed as Fed officials seem divided on rate hikes ahead, Nik,28561/-106/-036% Dj,33977/-10/-0.03% Vix16.83/-0.71% US stock futures inch down ward as investors digest the latest round of earnings, BC 30200/680/2.3%
Oil, 81.2,slips on economy worries, despite upbeat china data, Gold,2019.6,climbs as dollar edges lower , market await fed rate hike path, Bonds,3.585, inches higher as wall street weighs economic outlook, Dollar, strength pauses after upbeat china data , pound gains,
Nifty:17660.15/-46.7/-0.26%;Candle:OGU,Short day red; Bank Nifty:42265.2/2.65/0.01% Candle:OF,Doji ; HB:OF,Doji,1664,
Nifty :Supp Rest
Banknifty:Supp Rest .
SGX Nifty:% FII Long37%FutCash;-810;Opt92%
OI data Nifty ( max pain W17700M)
OI data Bank Nifty Nifty(max pain W M)
News:SGX Nifty indicates a mildly negative start for the broader index with a loss of 32 points after the Nifty closed 46 points lower at 17,660 on Tuesday. SGX futures stood at 17,689. Windfall tax on local crude revised to Rs 6,400, diesel sees cut in export duty, Janet Yellen to lay out US economic priorities on China in Thursday speech, Oil prices edge higher on falling U.S. inventories, China data, Dollar slips after upbeat China data; euro, pound rise, Gold rebounds above $2,000 as dollar, yields retreat.
Events/Results:ICICI Securities, Mastek, Tata Communications, Alok Industries, Artson Engineering, Citadel Realty and Developers, G G Engineering, Gujarat Hotels, and Stampede Capital will be in focus ahead of quarterly earnings on April 19.
The National Stock Exchange has retained Balrampur Chini Mills and Delta Corp on its F&O ban list for April 19.
Market wrap up(DWM,T,N,E):The Nifty50 managed to defend the 17,600 level on April 18 despite selling pressure in the equity markets for the second consecutive session, which experts feel can act as a support in coming sessions. The BSE Sensex fell 184 points to close at 59,727, while the Nifty50 declined 47 points to 17,660 and formed a bearish candlestick pattern on the daily charts. The index has also held its downward-sloping resistance trendline for yet another session, which can be a positive sign. “The Nifty took support at 17,610 and closed above the previous day’s low, which is positive for April 19,” The broader trend still remains positive. One should keep a buy-on-dip approach as long as the index sustains above the 17,600 level, However, the broader markets maintained an upward journey with the Nifty Midcap 100 index rising 0.8 percent, continuing the uptrend for the seventh consecutive session. The Nifty Smallcap 100 index gained a third of a percent, sustaining upmove for the 11th straight day.
Asia markets trade mixed as wall street earnings ;China to release first quarter DGP, Nik,28675/161/0.56% Dj,33987/101/0.3% Vix16.95/-0.7% US stock futures are flat Monday night as traders digest latest earning results,
Oil,80.84,drops 2% on higher dollar ,interest rate concerns ; Gold, 2007.7, slides below $2000 dollar, markets eyes fed rate hike cues, Bonds, 3.595, yields rise as investors weigh economic outlook, Dollar,jumps after new york manufacturing survey, BC 29516/-963/-3.2%
Nifty:17706.85/-121.15/-0.68%;Candle:OGU;Short day red, Bank Nifty:42262.55/130/0.31% Candle:OGU;Short day red ; HB:OGD,Long day red,1671
News:SGX Nifty indicate a mildly negative start for the broader index with a loss of 14 points after the Nifty closed 121 points lower at 17,706 on Monday. SGX futures stood at 17,760. Cement demand seen rising 8-9% in FY24 over 9% growth in FY23, Wholesale inflation drops to 1.34% in March, lowest in 29 months, Oil drops 2% on higher dollar, interest rate concerns, Gold slides below $2,000, market eyes Fed rate hike cues,
Events/Results:ICICI Lombard General Insurance Company, Tata Coffee, Schaeffler India, CRISIL, Seacoast Shipping Services, Accelya Solutions India, Oriental Rail Infrastructure, and Vivanta Industries will be in focus ahead of quarterly earnings on April 18.
The National Stock Exchange has retained Balrampur Chini Mills and Delta Corp to its F&O ban list for April 18.
Market wrap up(DWM,T,N,E):The market snapped a nine-day winning streak and lost more than 500 points on the BSE Sensex despite positive global cues. The correction in technology stocks after lower-than-expected earnings by TCS and Infosys dented sentiment. The BSE Sensex closed below the psychological 60,000 mark, falling 520 points to 59,911, while the Nifty50 declined 121 points to 17,707 and formed a bearish candlestick pattern with a long lower shadow which resembles a Bearish Engulfing kind of pattern formation on the daily scale. “Over the near term, the trend is likely to remain sideways, as, after a rally of 900 points, buyers at 17,000 would want to take some profits. On the lower end, support lies at 17,550, below which the index may fall towards 17,400,” On the higher end, 17,800 is likely to remain resistance for the Nifty, The volatility crossing 13 levels during the day gave discomfort to bulls. India VIX closed at 12.27 levels, up 3.21 percent from 11.91 levels. However, the broader markets performed better than benchmarks as the Nifty Midcap 100 and Smallcap 100 indices gained four-tenth of a percent and a third of a percent respectively.
Asia market mixed as wall street’s earning season continues,Nik,28448/-43/-0.15 Dj,33886/-143/-0.42% Vix17.07/-4.1% dow sheds more than 100 points friday, but notches fourth straight week positive week,
Oil, 82.68,rises, logs weekly gains after IEA predicts record demand, Gold, 2018, beats sharp retreat, as dollar bounces, rate hike bets grow, Bonds,3.515, 2 yr treasury yield rises back above 4% despite positive inflation reports this week, Dollar, bounces off one year low, weak retail sales not as bad as feared, BC
Nifty:17828/15.6/0.09%;Candle:OF,Short day green; Bank Nifty:42132.55/574.6/1.38% Candle:OF,Long day green ; HB:OF,Doji,1692,
News:SGX Nifty indicates a mildly negative start for the broader index with a loss of 83 points after Nifty closed 15 points higher at 17,828 on Thursday. SGX futures stood at 17,786. HDFC Bank reported 19.8 percent YoY growth in standalone profit, Infosys, second largest IT service exporter recorded Rs 6128 crore profit, Oil rises, logs weekly gains after IEA predicts record demand,
Events/Results: Angel One, Hathway Cable & Datacom, Just Dial, Network18 Media & Investments, Quick Heal Technologies, and TV18 Broadcast will be in focus ahead of quarterly earnings on April 17.
The National Stock Exchange has retained Balrampur Chini Mills and Delta Corp to its F&O ban list for April 17.
Market wrap up(DWM,T,N,E):The market remained under control of bulls, who won the fight with bears again to gain for a ninth consecutive session on April 13. Banking & financial services, select auto, FMCG and metal stocks helped the market close higher, but the gains were limited due to selling in technology stocks after lower-than-expected earnings from IT leader TCS. The Nifty is currently trading above its short-term moving averages i.e. 55-day, and 100-day, indicating the sustainability of an ongoing bullish trend. However, traders should be mindful of the possibility of profit booking and should consider their risk tolerance. Nifty to face an immediate hurdle near 17,900-18,000, which if broken decisively, will take such advance further higher towards 18,200 and then 18,400. Considering the ongoing technical developments, buying on the decline will still remain in favour, and any correctional fall for 17,500 will attract fresh buying, he says.
