WEEKLY TRENDSETTER (SEPT 6,2024) 2024 AUG 23 AUG 30 Ch % NIFTY 24823 25235 1.71 BANK NIFTY 50933 51351 0.72 USD/INR 83.90 83.86 -0.08 MARKET REVIEW-The week saw gains on all days and Nifty managed to close above 25000 for the week. This was despite muted contribution coming from banking counters. BACK TO RESULT …
Nifty marches on despite Virat and Rohit’s(banking counters)patchy form! Read More »
WEEKLY TRENDSETTER (AUGUST 30,2024) 2024 AUG 16 AUG 23 Ch % NIFTY 24541 24823 +1.10 BANK NIFTY 50517 50933 +0.93 USD/INR 83.95 83.90 -0.02 MARKET REVIEW-The week saw steady gains on all days and finally the closing gave hopes of the 25000 level again getting conquered early next week. Banking counters also looked steady …
Broader market again on a resurgence mode while Nifty looks to go past 25000 again! Read More »
WEEKLY TRENDSETTER (AUGUST 23,2024) 2024 AUG 9 AUG 16 Ch % NIFTY 24367 24541 +0.71 BANK NIFTY 50484 50517 +0.07 USD/INR 83.95 83.95 0.00 MARKET REVIEW-The domestic market was distinctly weak to begin with. However, the US markets came to the rescue with strong gains which changed the sentiments and provided ammunition to the …
WEEKLY TRENDSETTER (AUGUST 16,2024) 2024 AUG 2 AUG 9 Ch % NIFTY 24717 24367 -1.42 BANK NIFTY 51350 50484 -1.69 USD/INR 83.75 83.95 +0.24 MARKET REVIEW-The week saw a sharp gap down opening pushing the Nifty below 24000.However, it recovered but still not enough to fill the opening gap. The week was highly volatile …
Both bulls and bears left nursing wounds after a volatile week ! Read More »
WEEKLY TRENDSETTER (AUGUST 9,2024) 2024 JULY 26 AUG 2 Ch % NIFTY 24834 24717 -0.47 BANK NIFTY 51296 51350 +0.11 USD/INR 83.72 83.75 +0.04 MARKET REVIEW-The week did see 25000 on Nifty being conquered but the joy was short-lived as geopolitical tension again resurfaced which resulted in markets tumbling towards close of week. The …
Correction seen in the coming week as 25000 could be near term resistance on Nifty ! Read More »
WEEKLY TRENDSETTER (AUGUST 2,2024) 2024 JULY 19 JULY 26 Ch % NIFTY 24531 24834 +1.24 BANK NIFTY 52265 51296 -1.85 USD/INR 83.65 83.72 0.08 MARKET REVIEW-The week was action packed as expected, with volatility at its best. A sell-off post budget saw the index dipping to almost 24000.After 2 days of sluggishness the first …
Bulls get into the act while bears run for cover! Read More »
WEEKLY TRENDSETTER (JULY 26,2024) 2024 JULY 12 JULY 19 Ch % NIFTY 24502 24531 +0.12 BANK NIFTY 52278 52265 -0.02 USD/INR 83.52 83.65 +0.16 MARKET REVIEW-The week saw peaking of indices even as the broader market was showing signs of fatigue. With budget round the corner, all eyes will be on the FM for …
WEEKLY TRENDSETTER (JULY 19,2024) 2024 JULY 5 JULY 12 Ch % NIFTY 24324 24502 +0.73 BANK NIFTY 52660 52278 -0.73 USD/INR 83.50 83.52 +0.02 MARKET REVIEW-The week was difficult to navigate as sharp profit-taking was seen in the broader market. The IT pack came to rescue towards end of week which boosted the sentiments …
WEEKLY TRENDSETTER (JULY 12,2024) 2024 JUNE 28 JULY 5 Ch % NIFTY 24010 24324 1.31 BANK NIFTY 52342 52660 0.61 USD/INR 83.41 83.50 0.11 MARKET REVIEW-The week saw some decent sector rotation as pharma, IT and the PSU pack were in stellar form even as banking sulked after some sluggish quarterly data from HDFC …
Middle order (IT and pharma) steadies the Nifty as top order batsman(HDFC Bank) falters! Read More »
WEEKLY TRENDSETTER (JuLY 5,2024) 2024 JUNE 21 JUNE 28 Ch % NIFTY 23501 24010 +2.17 BANK NIFTY 51661 52342 +1.32 USD/INR 83.58 83.41 -0.20 MARKET REVIEW-The week largely saw the heavyweights in limelight which kept the indices propped up but the broader market witnessed profit-taking which resulted in a sense of unease as the …