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

| More

Daily Markets - April 20, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Posted On: 2021-04-21 03:53:42 (Time Zone: UTC)


Indian Benchmark equity indices extended their decline to a second session even as Maharastra added to lockdown-like curbs amid rampant Covid cases. The Nifty opened higher and kept falling through the day with the downfall accelerating post 1415 Hrs. At close, the Nifty was down 63.10 points or 0.44% at 14,296.40. The broader markets did better with the S&P BSE MidCap and S&P BSE SmallCap indices both ending 0.5% higher.

Volumes on the NSE were in line with recent averages. Among sectors, Pharma and Auto gained the most, while IT and Materials indices fell the most.

Asian stock markets were largely down Tuesday after Wall Street was pulled lower by rising Covid-19 cases, tech stock declines, dollar weakness (7 week low) and a lull in fresh data. Tokyo retreated on worries that the possible reintroduction of COVID-19 emergency measures in the country's biggest cities would slow the economic recovery while Taiwan and Seoul gained. European shares pulled back on Tuesday after hitting record highs a day earlier, as tobacco companies weighed on UK stocks following a report the Biden administration was considering requiring tobacco companies to lower the nicotine levels in all cigarettes sold in the United States and many regional indexes edged off pre-pandemic highs.

Nifty once again failed to hold on to higher levels facing selling pressure. However the broader market did well on April 20. It took support again from 14207. However repeated testing of 14200 is not a good sign. 14200-14505 is the new band for the Nifty for the near term. A breach of 14200 again could result in accelerated selling.


Source: Equity Bulls

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


Other Headlines:

Daily Markets - June 23, 2021 - Mr. Deepak Jasani, Head of Retail Research, HDFC Securities

Once again last hour selling drags Nifty lower : Angel Broking

Rupee - June 23, 2021 - Reliance Securities

Daily Market Commentary - June 23, 2021 - Bonanza Portfolio

Post Market views - June 23, 2021 - Mr. Binod Modi, Head Strategy at Reliance Securities

Technical View - June 23, 2021 - Mr. Nagaraj Shetti, Technical Research Analyst, HDFC Securities

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


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

disclaimer copyright © 2005 - 2020