Daily Market Feed Pre Market Report Bank Nifty Flies to All-Time High! Pre Market Analysis Here are some of the major updates that could move the markets today: Stocks Monte Carlo Fashions has posted net profit of Rs 19.8 crore for the quarter ended March. Revenue from operations stood at Rs 237 crore. Best Agrolife reported a net loss of Rs 8.4 crore in the March quarter. Revenue was at […] Written by Amal M Prashanth May 30, 2023May 30, 2023
Daily Market Feed Post Market Analysis Bank Nifty Hits All-Time High! – Post-Market Analysis NIFTY started the day at 18,619 with a gap-up of 119 points. As it opened above the important resistance zone of 18,500, such types of gaps are called breakaway gaps if there’s a follow-up. After the gap-up, the index traded in a range of just 60 points throughout the day. NIFTY closed at 18,598, up […] Written by Cherian Varghese May 29, 2023May 29, 2023
Daily Market Feed Pre Market Report Huge Gap-up? Can the Momentum Sustain? Pre Market Analysis Here are some of the major updates that could move the markets today: Stocks Aurobindo Pharma posted net profit of Rs 505 crore for the quarter ended March. The company’s revenue stood at Rs 6,479 crore. Balkrishna Industries reported net profit of Rs 260 crore for the March quarter. Revenue was down 2% to Rs […] Written by Amal M Prashanth May 29, 2023May 29, 2023
Daily Market Feed Post Market Analysis Market to Retrace or Breakout? Reliance Rises 2% – Post-Market Analysis NIFTY started the day at 18,368 with a gap-up of 47 points. The index moved down initially to yesterday’s closing levels (18,330) and then moved up with strength throughout the day to 18,500! NIFTY closed at 18,499, up by 178 points or 0.97%. BANK NIFTY started the day at 43,765 with a gap-up of 83 […] Written by Rohit Satheesan May 26, 2023May 29, 2023
Daily Market Feed Pre Market Report Weekly Close! Pre Market Analysis Here are some of the major updates that could move the markets today: Stocks Page Industries net profit fell 59% to Rs 78 crore for the quarter ended March. Revenue from operations, meanwhile, came in at Rs 969 crore during the March quarter under review, down 13%, compared with Rs 1,111 crore in the corresponding […] Written by Amal M Prashanth May 26, 2023May 26, 2023
Daily Market Feed Post Market Analysis Volatile Monthly Expiry! – Post-Market Analysis NIFTY started the day at 18,268 with a gap-down of 16 points. The index initially moved up to 18,300 (which acted as resistance) and then fell sharply till the 18,250 support zone. It bounced back with strength till 18,300, took resistance from the downward trendline, and fell to 18,200 levels by taking multiple rejections from […] Written by Cherian Varghese May 25, 2023May 25, 2023
Daily Market Feed Pre Market Report Can Global Markets Bring Nifty Down? Pre Market Analysis Here are some of the major updates that could move the markets today: Stocks Hindalco Industries posted a 48% fall in its standalone net profit at Rs 832 crore for the quarter ended March. Revenue from operations during the quarter increased 5% to Rs 19,995 crore. Life Insurance Corp (LIC) has reported standalone net profit […] Written by Amal M Prashanth May 25, 2023May 25, 2023
Daily Market Feed Post Market Analysis Volatility Ahead of Weekly Expiry – Post-Market Analysis NIFTY started the day at 18,294 with a gap-down of 53 points. It moved up with a lot of strength (almost 120 points) initially to 18,400 levels. The index took resistance from that zone and made a U-turn. Then, it consolidated in a nearly 30-point range and fell sharply at 2:40 PM to 18,260 levels. […] Written by Cherian Varghese May 24, 2023May 24, 2023
Daily Market Feed Pre Market Report Negative Global Markets – Pre Market Analysis Here are some of the major updates that could move the markets today: Stocks Ashok Leyland Ltd reported a nearly 17% year-on-year (YoY) drop in net profit for the quarter ended March to Rs 751.41 crore, despite a rise in revenue. NMDC Ltd has posted 22% growth in its consolidated net profit at Rs 2,277 […] Written by Amal M Prashanth May 24, 2023May 24, 2023
Daily Market Feed Post Market Analysis Nifty Holds Above 18,300 Despite Last Hour Fall. Adani Stocks Rally Again! – Post-Market Analysis NIFTY started the day at 18,362 with a gap-up of 48 points. After the initial up-move till 18,420 levels, the index consolidated in a 30-point range for most part of the day. After 2:30 PM, it gave a breakdown and fell to the 18,300 zones to fill the gap made at opening today. NIFTY closed […] Written by Cherian Varghese May 23, 2023May 23, 2023
Daily Market Feed Pre Market Report IT to Continue the Blast? Pre Market Analysis Here are some of the major updates that could move the markets today: Stocks Refining major BPCL Ltd posted 168% growth in its consolidated net profit at Rs 6,780 crore for the three months ended March. Revenue from operations during the reporting quarter rose 8% to Rs 1.33 lakh crore. Foreign investor Morgan Stanley has […] Written by Amal M Prashanth May 23, 2023May 23, 2023
Daily Market Feed Post Market Analysis Heavy Volatility in Bank Nifty! Adani Stocks Rally – Post-Market Analysis NIFTY started the day flat at 18,201. The index moved up over 90 points initially, saw a quick down-move at 10 AM, retraced back, and traded in an 85-point range for the rest of the day. NIFTY closed at 18,314, up by 111 points or 0.61%. BANK NIFTY started the day at 43,935 with a […] Written by Cherian Varghese May 22, 2023May 23, 2023