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Post Market views - April 9, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2021-04-09 04:47:05 (Time Zone: Arizona, USA) Domestic equities traded in a range bound today with continued selling pressure from financials. Further, weak cues from Asian markets and concerns of sharp rise in COVID-19 cases across the country weighed on sentiments. While financials remained a drag today, Pharma stocks witnessed strong buying due to expectations of improvement in sales volume in the backdrop of spike in new Coronavirus cases. Additionally, IT stocks remained in focus toda...

Sensex Falls 155 Points, Nifty Slips Below 14,850 Published: Share Tweet Recipient's Name Send Equity benchmark Sensex dropped 155 points on Friday, tracking losses in index heavyweights ICICI Bank, Reliance Industries and HDFC Bank amid largely negative cues from global markets. Representative Image Similarly, the broader NSE Nifty slipped 38.95 points or 0.26 per cent to 14,834.85. Bajaj Finance was the top loser in the Sensex pack, shedding around 3 per cent, followed by UltraTech Cement, NTPC, A...

Sensex sheds 155 points; Nifty slips below 14,850 Top Searches Sensex sheds 155 points; Nifty slips below 14,850 PTI / Apr 9, 2021, 16:11 IST FacebookTwitterLinkedinEMail Bajaj Finance was the top loser in the sensex pack followed by UltraTech Cement, NTPC, Axis Bank, ICICI Bank, IndusInd Bank, Reliance Industries, L&T and HDFC Bank. (Representative image) MUMBAI: Equity benchmark sensex dropped 155 points on Friday, tracking losses in index heavyweights ICICI Bank, Reliance Industries and HDFC Bank amid largely negative cues from global markets. The 30-share BSE index ended 154.89 points o...

Post Market views - April 8, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2021-04-08 03:03:40 (Time Zone: Arizona, USA) Domestic equities, despite trading positively for most of the sessions today, gave up a large portion of gains towards the end of the day as concerns of rising COVID-19 cases continued to weigh on investors' sentiments. Financials witnessed profit booking today and dragged market. Barring financials, most of key sectoral indices traded in green today with Metal index remaining an outperformer. Expectations of steady 4QFY21 earnings and weakenin...

Pre-Market views - April 7, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities Posted On: 2021-04-06 20:36:37 (Time Zone: Arizona, USA) US equities finished with modest losses after S&P 500 recording fresh high during intraday trade as investors continued to focus on huge infrastructure spending, possible rise in corporate taxes and brightening outlook of USA economy. IMF has raised its forecast for USA and global economy growth to 6.4% and 6%, respectively for 2021. Meanwhile, USA treasury yield softened to 1.66% and dollar index also weakened to 92.3, which should offer some c...