Research - Angel One - Page 8

Future outlook Markets started the session on a flat note on Monday in line with other global peers. During the first half of the week, Nifty tried recovering from previous Friday’s weakness. However, at higher levels, once again markets looked a bit nervous. The profit booking started on Wednesday after entering the sturdy wall of …

Future outlook Our markets started the week on a flat note in absence of global as well as domestic triggers. As the week progressed, key indices continue to remain in a slumber phase. During the mid-week RBI monetary policy, it appeared as if the Governor dented the sentiments; but immediately on the next day, the …

Future outlook The Indian market had a splendid start to the week, with the benchmark index Nifty50 clocking new highs. The bullish momentum carried throughout the week, with Nifty being on a roll of achieving new heights daily. However, the stellar run of the eight consecutive days came to a halt ahead of the weekend …

Future outlook Market had a mild start to the new trading week post the strong closure from its previous week’s rally and managed to withhold at the higher grounds. After the initial up moves, the index slipped into a consolidation zone for the rest of the trading week and kept hustling in a slender range …

Future outlook Our market has witnessed a pleasant move through the week post the havoc from the previous week. The firm recovery from the lows of 17800 showcased the resilience of the bulls and made a merry Santa rally to close the year on a cheerful note. The benchmark index Nifty50 snapped three consecutive weeks …

The SGX Nifty had indicated a soft opening for new calendar year. However, our markets completely shrugged off these cues as they started the session marginally in the green on Monday. We did see some ambiguity in the first half; but with few heavyweights attracting strong buying around the midsession, Nifty picked up decent momentum …

Our markets had a splendid start for the week owing to favorable developments in US markets over the weekend. At the close, Nifty did not disappoint as it reclaimed 18100 on a closing basis. Honestly, we expected the market to come out of its recent slumber phase; but once again, markets failed to sustain at …

Future outlook Last week, the Adani group fiasco struck our markets like a comet. The spillover effect of this carnage triggered massive sell off in banking space which then spread across the broader market. Around the mid-week, the Finance Minister delivered a stellar ‘Budget’ and markets gave a complete thumbs up to this event. We …

For the third consecutive week, our markets had a promising start; but we failed to capitalize on it once again due to lack of follow up buying interest. The US markets were the spoilsport as we witnessed a sizeable correction there in the latter half of the week. Although, we didn’t mirror the weakness, our …

If you have been in the derivatives market for some time, you would have surely heard the now famous story of how Nick Leeson brought down Barings Bank of London. Leeson, who was heading the Barings trading desk out of Singapore, had heavily sold strangles on the Nikkei (Japanese index). Essentially, he had sold higher …