Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Market Commentary

| More

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 comforts to emerging markets including India. Notably, minutes of recently concluded FOMC meeting are to be published today, which will be in focus for the day.

Domestic equities look to be flat at the moment. Given sharp rise in Coronavirus cases in the country and resultant mobility restrictions in several states, domestic equities are expected to remain volatile in the near term. While we believe that weekend lockdowns and night curfews are unlikely to create any major issue with regards to supply chain and demand disruption in the near term, prolonged restrictions and more states taking such measures may create some disruption in coming months. However, softening of bond yields, contraction in crude prices and weakness in dollar index in current week so far could offer some respite to markets. RBI's policy meeting outcome will be in focus today. While RBI is expected to keep policy rates and stance unchanged, investors will be focusing on RBI's commentary over inflation and bond markets. We believe that given experience in 2020 and possibility of further ramp-up in vaccination rollout process, spread of virus can be controlled without a large-scale of economic damage. Therefore, any near-term possible correction in the market should be treated as opportunity of bargain trading. A strong pick up in capital expenditures in FY22E, impact of new reforms announced in the budget to stimulate consumption activities and allocation for higher capital expenditures in select large state's budget for FY22E should continue to support ongoing rebound in corporate earnings. Investors must focus on quality stocks with robust earnings visibility and margins of safety.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

Post Market views - June 22, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Daily Markets - June 22, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - June 22, 2021 - Bonanza Portfolio

Rupee - June 22, 2021 - Reliance Securities

Technical View - June 22, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Daily Markets - June 21, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Rupee - June 21, 2021 - Reliance Securities

Daily Market Commentary - June 21, 2021 - Bonanza Portfolio

Technical View - June 21, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Post Market views - June 21, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Daily Markets - June 18, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Technical View - June 18, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - June 18, 2021 - Reliance Securities

Daily Market Commentary - June 18, 2021 - Bonanza Portfolio

Post Market views - June 18, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Rupee - June 17, 2021 - Reliance Securities

Daily Market Wrap - June 17, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - June 17, 2021 - Bonanza Portfolio

Post Market views - June 17, 2021 - Mr. Vikas Jain, Senior Research Analyst at Reliance Securities

Technical View - June 17, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - June 16, 2021 - Reliance Securities

Daily Markets - June 16, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - June 16, 2021 - Bonanza Portfolio

Post Market views - June 16, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - June 16, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - June 15, 2021 - Reliance Securities

Daily Market Wrap - June 15, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - June 15, 2021 - Bonanza Portfolio

Post Market views - June 15, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - June 15, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - June 14, 2021 - Reliance Securities

Daily Markets - June 14, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - June 14, 2021 - Bonanza Portfolio

Post Market views - June 14, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - June 14, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - June 11, 2021 - Reliance Securities

Daily Market Wrap - June 11, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Nifty at 15800 but midcap index at crucial juncture now : Angel Broking

Sensex Hitting Record Highs - Views of Mr. Amar Ambani, Senior President and Head of Research - Institutional Equities, YES SECURITIES

Post Market views - June 11, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - June 11, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Rupee - June 10, 2021 - Reliance Securities

Daily Market Wrap - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - June 10, 2021 - Bonanza Portfolio

Technical View - June 10, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

Post Market views - June 10, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Rupee - June 9, 2021 - Reliance Securities

Daily Market Wrap-Up - June 9, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Daily Market Commentary - June 9, 2021 - Bonanza Portfolio

Post Market views - June 9, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020