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Month: April 2022

StreetClose for 5th April

StreetClose for 5th April

Closing Update : Indices opened with gap up tracking positive global cues but couldn’t sustain at higher levels to close with negative note. If we look at broader markets sector wise – Nifty FMCG, Auto and Energy Sectors were top gainers whereas Financial services, Private Bank and Services sectors were the top 3 losers on NSE. Top gainers were Adani Ports, Tata motors and NTPC in Nifty50 stocks whereas HDFC Bank, HDFC and Bajaj Finserv were the top losers. With…

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StreetView for 5th April

StreetView for 5th April

Here is the today’s streetView Morning update : Global cues for today : Major global indices closed higher as of yesterday’s trade – US Markets, European markets and Asian markets closed positive on Russia-Ukraine truce hopes. SGX Nifty trading at 17190 levels in morning trades indicating flat to positive opening for Indian indexes. US Dollar and Gold are trading slightly lower where as US Oil is trading higher in early hour trades. News : US, Europe plan Russia sanctions as…

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StreetClose for 4th April

StreetClose for 4th April

Closing Update : Indices opened with gap up above its resistance levels and traded higher for the day to close the day with positive note lead by Financials and Banking stocks. If we look at broader markets sector wise – Nifty Financial Services, Private Bank and Services sectors were the top 3 gainers on NSE. Top gainers were HDFC Bank, HDFC and HDFC Life Nifty50 stocks whereas Infy and Tata Consumer were the top losers. With today’s strong move India…

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StreetView for 4th April

StreetView for 4th April

Here is the today’s streetView Morning update : Global cues for today : Major global indices were mixed as of Friday, US Markets & European markets ended higher where as Asian markets closed Mixed. SGX Nifty trading at 17700 levels indicating flat opening for Indian indexes. Crude Oil and Gold are trading lower where as US Dollar is trading higher in early hour trades. News : China reports 13,000 Covid cases, most since end of Wuhan’s first wave Crucial test…

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Markets for the Week ahead

Markets for the Week ahead

Week that was : Lets recap on market action of this week. Indices started the week lower after previous week’s negative close but recovered from lower levels owing to easing geopolitical issue, fall in Crude prices, rising GST collection etc and closed higher with 3 to 5 % gains in Nifty and Bank Nifty respectively. Top advancing stocks in Nifty 50 for the week were GAIL India (+9.75%), M & M (+8%) and Axis Bank (+7%). Top declining stock for…

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StreetClose for 1st April

StreetClose for 1st April

Closing Update : Tracking weak global cues indices opened lower to recover sharply and closed higher led by Banking, Energy and Reality Stocks. If we look at broader markets sector wise – Nifty PSU Banks, Energy and Reality sectors were the top 3 gainers where as Pharma and IT sectors closed flat. Top gainers were NTPC, BPCL and Power Grid in Nifty50 stocks whereas Heromoto, Tech M and Divislab were the top losers. With today’s strong move India VIX cooled…

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StreetView for 1st April

StreetView for 1st April

Here is the today’s streetView Morning update : Global cues for today : Major global indices were closed lower as of yesterday – US Markets, European markets and Asian Markets closed lower. SGX Nifty trading at 17440 levels in morning trades indicating lower opening for Indian indexes. Crude Oil and Gold are trading lower where as US Dollar is trading flat in early hour trades. News : If China breaches LAC again, Russia won’t help, says US Dy NSA Russia…

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