Daily Market Feed Post Market Analysis Markets Move Violently ahead of US Stimulus Update – Share Market Highlights Today Today’s Market Summarised Nifty had a very volatile day and moved more than 240 points! Just for context, the last two days Nifty traded in a 80-100 point range and today it was much much more. After opening above the key resistance of 11,950, Nifty went up quickly as expected and took resistance near 12,000. […] Written by Ajay Ajith October 21, 2020October 21, 2020
Daily Market Feed Post Market Analysis Nifty stays flat, PM’s Address to shake markets tomorrow? – Share Market Highlights Today Today’s Market Summarised Nifty opened the day with a small gap-down at 11,864 and took resistance at 11,900 and 11,950 today. While IT and Auto pushed the index up, Pharma formed a few red candles but soon started going back up. So ignoring the wick in the first 5 minutes, Nifty traded in a small […] Written by Ajay Ajith October 20, 2020October 20, 2020
Daily Market Feed Post Market Analysis HDFC Bank disappoints, Bank Nifty outperforms – Share Market Highlights Today Today’s Market Summarised Nifty had a very range bound session today. With high hopes riding on HDFC Bank, the stock failed to perform and the Nifty 50 saw very limited movement, as a result. But as we know, even when Nifty remained flat, individual stocks gave great movement. Nifty opened the day at 11,879 with […] Written by Ajay Ajith October 19, 2020October 19, 2020
Daily Market Feed Post Market Analysis Nifty Closes Week in Red, Metals Outperform – Share Market Highlights Today Today’s Market Summarised Nifty opened the day with a gap-up with positivity from SGX Nifty. After falling heavily yesterday, the index gained a bit today to gain back from the losses. But we cannot yet say that the downtrend has been broken, and will have to wait till next week to know. Nifty ended the […] Written by Ajay Ajith October 16, 2020October 16, 2020
Daily Market Feed Post Market Analysis Why did Banks turn Top Losers? Bears Taking Over? – Share Market Highlights Today Today’s Market Summarised Nifty fell sharply today after opening, to mark the end of a 10-day bull run which saw Nifty rallying from 11,100s to 12,000 levels. Money has been made, now the sentiments have changed and Dalal Street has a new King, the bear. The bears are back, and how so strongly. Nifty has […] Written by Ajay Ajith October 15, 2020October 15, 2020
Daily Market Feed Post Market Analysis Banks give Surprise Move, Wipro Top Loser for The Day – Share Market Highlights Today Today’s Market Summarised Nifty’s movements today felt like getting on a roller coaster. With negative sentiments in global markets, Nifty opened the day at 11,919 but kept falling and falling. After breaking a key support at 11,860, the index tried to pull back multiple times. The European markets opening flat and going up gave Indian […] Written by Ajay Ajith October 14, 2020October 14, 2020
Daily Market Feed Post Market Analysis Sentiments Changing in Nifty? Wipro Announces Buyback – Share Market Highlights Today Today’s Market Summarised Nifty opened the day flat at 11,938 and immediately made the day’s low at 11,890. However, the index was determined and tried to once again make an attempt to cross the 12,000 level. This failed to happen and the index came down and consolidated to close under today’s open at 11,934.50, up […] Written by Ajay Ajith October 13, 2020October 13, 2020
Daily Market Feed Post Market Analysis Nifty Fails to Sustain Above 12,000, Power Disruption in Mumbai – Share Market Highlights Today Today’s Market Summarised Nifty opened the day at 11,976 with a gap-up powered by global positivity and went up trying to cross 12,000. As you all can imagine, the 12,000 level is a strong emotional resistance level, and the index struggled to sustain above that level. The power outage in Mumbai caused trading volumes across […] Written by Ajay Ajith October 12, 2020October 12, 2020
Post Market Analysis Will Nifty at 12,000 become a Reality? – Share Market WrapUp Today Today’s Market Summarised Nifty opened the day at 11,856, with a slight gap-up from yesterday’s close. Just before the RBI policy meet, Nifty went into red for a while but took support at 11,800 and strongly came back. The policies adopted by the Reserve Bank were received well by the market, and Nifty jumped up […] Written by Ajay Ajith October 9, 2020October 9, 2020
Post Market Analysis Nifty forms a Red Candle, Reversal Incoming? – Share Market WrapUp Today Today’s Market Summarised Nifty opened the day at 11,841 with another huge gap-up and went up slowly over the day. The index faced resistance at 11,900, as expected, and reversed to come down till 11,790 in just 45 minutes! Nifty closed the day at 11,834, up 95.75 points or 0.82% but surprisingly under the opening […] Written by Ajay Ajith October 8, 2020October 8, 2020
Post Market Analysis Nifty closes above 11,700, Surprises Investors – Share Market WrapUp Today Today’s Market Summarised Nifty opened the day at 11,679, near yesterday’s high of 11,680, with a slight gap-up tracing SGX Nifty. Interestingly, the index took support at 11,630 after forming two red candles and shot back up. With good support from Reliance, Nifty was able to shoot up till 11,750 very quickly. For the rest […] Written by Ajay Ajith October 7, 2020October 7, 2020
Post Market Analysis What Happened in Today’s Market – Share Market WrapUp Today Today’s Market Summarised Nifty opened the day with a huge gap-up at 11,607 and formed two red candles, which brought in fears of a quick fall to cover the gap. But the index went back up after taking support near yesterday’s high. After trading between 11,580 and 11,610 for most of the day, Nifty broke […] Written by Ajay Ajith October 6, 2020October 6, 2020
TCS: Tata Group’s Cash Cow TCS has become one of the top IT companies in the world. Even though we have heard of the company, most of us are not really aware of the services that they provide, or the scale at which they operate. It is important to know certain relevant details and facts of a company, before investing […] Written by Cherian Varghese October 16, 2020October 16, 2020
Wipro : A True Long Term Candidate? Wipro is a leading Indian multinational corporation that provides global information technology, consulting and business process services. The company was incorporated in 1945 as a manufacturer of vegetable and refined oils. In 1970-80, ‘Western India Palm Refined Oil Limited’ (now known as Wipro) shifted its focus towards the Indian IT industry. Under the leadership of […] Written by Sanidhya Bhardwaj October 15, 2020October 15, 2020
The Barings Bank and the Rogue Trader How many times have you heard that a single employee of the bank has caused the whole bank to shut down? How many times have you heard that a single employee was the reason behind the collapse of a 200-year old bank? I am sure, not very often. Today, we bring one such story which […] Written by Sanidhya Bhardwaj October 14, 2020October 14, 2020
