Post Market views - March 4, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities
Post Market views - March 4, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities
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Post Market views - March 4, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities
Sensex tumbles 599 points in line with global meltdown Updated: Updated: March 04, 2021 16:34 IST The broader NSE Nifty too closed with a loss of 164.85 points or 1.08% at 15,080.75. Share Article A view of the Bombay Stock Exchange building in Mumbai. File | Photo Credit: PTI The broader NSE Nifty too closed with a loss of 164.85 points or 1.08% at 15,080.75. Snapping its three-session winning run, the BSE Sensex plunged by around 599 points to crack below the key 51,000-level on Thursday amid a meltdown in global shares triggered by a surge in US bond yields. Intra-day, the 30-share BS...
Positive bias seen for Nifty at open March 03, 2021 × Concerns on rising bond yields have softened after central bankers across the world have pushed back against higher rates After gaining sharply in the last couple of days, Indian markets are likely to open flat on Wednesday. The SGX Nifty at 15,020 points to a 60-point positive opening for Nifty futures, which on Tuesday closed at 14,958.15. Global markets too present a firm trend with most of Asia-Pacific ruling in positive territory though overnight the US markets closed in the red. Concerns pertaining to rising bond yields appear to h...
Post Market views - March 3, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2021-03-03 08:52:07 (Time Zone: Arizona, USA) Domestic equities extended gain for the third consecutive day as fading concerns of rising bond yields and continued rebound in high frequency key economic indicators in Feb'21 emboldened investors. Additionally, global markets also remained supportive. Financials were key market driver today followed by IT, Metals and Reliance Industries. Auto stocks witnessed pullback today after sharp recovery witnessed in last two days. Notably, volatility ...
Post Market views - March 2, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities