WEEKLY TRENDSETTER (MAY 31,2024) 2024 MAY 17 MAY 24 Ch % NIFTY 22502 22957 2.02 BANK NIFTY 48199 48971 1.60 USD/INR 83.30 83.11 -0.23 MARKET REVIEW-The week began on a steady note before a powerful short covering rally pushed Nifty into all-time high and Bank Nifty also trudged along though was shy of the …
Market entering exciting phase with election results due in the next few days! Read More »
WEEKLY TRENDSETTER (MAY 17,2024) 2024 MAY 3 MAY 10 Ch % NIFTY 22475 22055 -3.07 BANK NIFTY 48923 47421 -1.87 USD/INR 83.45 83.50 0.06 MARKET REVIEW-The week saw some serious selling and despite a minor pull back ended with sharp losses. This was despite a buoyant US market. Election jitters may be causing bulls to …
Election jitters spook market sentiments as higher levels attract profit-taking ! Read More »
WEEKLY TRENDSETTER (MAY 3,2024) 2024 APR 19 APR 26 Ch % NIFTY 22147 22420 1.23 BANK NIFTY 47574 48201 1.32 USD/INR 83.48 83.35 -0.16 MARKET REVIEW-The week saw a flying start continuing with previous week’s closing momentum. Expiry pressure saw bears on the backfoot as short covering fueled the bulls’ buying spree. The Bank …
Results season could unfold exciting opportunities ! Read More »
WEEKLY TRENDSETTER (APRIL 26,2024) 2024 APR 12 APR 19 Ch % NIFTY 22519 22147 -1.65 BANK NIFTY 48564 47574 -2.04 USD/INR 83.47 83.48 0.01 MARKET REVIEW-The week was hugely volatile with a negative bias. While US markets sold off for most part of the week, geopolitical tension again resurfaced. However, the market managed to …
A highly volatile week when bulls were almost tripped ! Read More »
WEEKLY TRENDSETTER (APRIL 19,2024) 2024 APR 5 APR 12 Ch % NIFTY 22513 22519 0.02 BANK NIFTY 48493 48564 0.15 USD/INR 83.29 83.47 0.19 MARKET REVIEW-The week started on a steady note. However, the sharp slide in US markets saw selling pressure domestically and the close was near the low point of the week. …
Global jitters puts brakes on domestic optimism ! Read More »
WEEKLY TRENDSETTER (APRIL 5,2024) 2024 MAR 22 MAR 28 Ch % NIFTY 22180 22327 0.66 BANK NIFTY 46863 47124 0.56 USD/INR 83.66 83.39 -0.32 MARKET REVIEW-The truncated week began on a negative note. However, the last two working days of the year saw some fireworks in the large caps which ensured that the Nifty …
Markets look to begin new year on a high as momentum resumes! Read More »
WEEKLY TRENDSETTER (MARCH 29,2024) 2024 MAR 15 MAR 22 Ch % NIFTY 22023 22180 0.71 BANK NIFTY 46594 46863 0.58 USD/INR 82.89 83.66 0.93 MARKET REVIEW-The week began on the backfoot as the market was caught in a vortex of negative news like SEBIs diktat to the mutual funds to do a stress test …
Dollar at all time high signalling election volatility is here! Read More »
WEEKLY TRENDSETTER (MARCH 15,2024) 2024 MAR 2 MAR 8 Ch % NIFTY 22378 22493 0.51 BANK NIFTY 47297 47835 1.14 USD/INR 82.83 82.74 -0.11 MARKET REVIEW-The week saw both the indices closing in the green despite a dip mid-week. However, profit taking continued in the mid cap and small cap segments and with action …
While broader market falters,index keeps its chin up ! Read More »
WEEKLY TRENDSETTER (MARCH 8,2024) 2024 FEB 23 MAR 2 Ch % NIFTY 22212 22378 0.75 BANK NIFTY 46811 47297 1.04 USD/INR 82.93 82.83 -0.12 MARKET REVIEW-The week was highly volatile and it looked like closing below 21500 was possible. However, buying in heavyweights like HDFC Bank, ICICI Bank and Reliance ensured that the index …
Bears scurry for cover as heavyweights come to rescue! Read More »
WEEKLY TRENDSETTER (MARCH 1,2024) 2024 FEB 16 FEB 23 Ch % NIFTY 22040 22212 0.78 BANK NIFTY 46385 46811 0.92 USD/INR 83.01 82.93 -0.10 MARKET REVIEW-The week again played out the underlying strength of the market as dips were bought into and sector rotation was in action. The Nifty is steadily conquering higher levels …