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January 25, 2021
The Indian markets fell for a third day on Monday amid sell-off in index heavyweight Reliance Industries (RIL) even as most global markets posted gains on optimism around fresh stimulus in the US. Market players said worries that the government might increase taxes on stock market transaction in the Union Budget also weighed on the sentiment. After swinging nearly 1,000 points, the BSE benchmark settled with a loss of 530.95 points or 1.09 per cent at 48,347.59. The broader Nifty fell 133 poi...
January 22, 2021
Post Market views - Jan 22, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2021-01-22 07:32:57 (Time Zone: Arizona, USA) A sharp pullback was seen in domestic equities mainly on weak global cues. Auto stocks continued to remain in flavour as sharp rebound in earnings of select auto companies boosted confidence among investors. Heavy selling pressure was seen in financials, metals and realty stocks, while defensive sectors like FMCG and IT appeared stable today. A ki...
January 19, 2021
Post Market views - Jan 19, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities
January 18, 2021
Post Market views - Jan 18, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities
January 15, 2021
Post Market views - Jan 15, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities
January 10, 2021
Post Market views - Jan 8, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities
January 7, 2021
Heres why Airtel shares are surging in trade Navdeep YadavJan 7, 2021, 16:45 IST BCCL The stocks of Bharti Airtel rallied as much as 5% during the early trading hours on Thursday. According to a CNBC Awaaz report, the telecom major received banking and investment regulators nod to increase FDI in the Airtel Payments Bank up to 74%. The Department of Telecommunications (DoT) has announced that the next round of spectrum auctions will start on March 1.Bharti Airtels stocks rallied as much as 5% ...
January 7, 2021
Post Market views - Jan 7, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2021-01-07 06:47:41 (Time Zone: Arizona, USA) Domestic equities remained firm today mainly supported by strong global cues. Strong rebound in Banks, Auto and Realty index supported markets, while metals stocks outpaced all. However, it was midcap and small cap stocks, which stole the show once again and investors continued to chase this space owing to wider valuations gap and improved prospect...
January 6, 2021
Sensex, Nifty Scale Fresh Peaks; Financials, IT Stocks Shine The 30-share BSE index pared all losses and staged a smart recovery to end 0.54 per cent higher at 48,437.78. PTI 06 January 2021 outlookindia.com 2021-01-06T17:00:11+05:30 Equity benchmark Sensex defied gravity for the 10th straight session to close at a fresh lifetime high on Tuesday as robust buying in financial and IT stocks offset lacklustre global cues. Persistent foreign fund inflows supported the benchmarks...
January 6, 2021
Markets pause after a 10-day rally; ITC, RIL drop over 2 per cent January 06, 2021 Nifty slips below 14,200, Sensex down 200 points, on US election worries Benchmark indices closed in the red on Wednesday for the first time after ten days, as profit booking emerged in the second half. ITC and Reliance Industries led the declines. The market volatility was further influenced by the uncertainty regarding the Georgia run-off elections in the United States. The tech-heavy Nasdaq 100 index declined...