CRR_Call Tracker

Text/HTML

Text/HTML

ValueProductView

ValueProductPastPerformance

Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
Bharat Forge Ltd. 25/07/20241,593.85952.3007/04/2025 -40.25% 256 days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days

CRR_MVC_PastPerformance

Text/HTML

Our Other Trader Products

EasyDNNNews

Indian markets set to open in green: Will broader markets rebound or continue to witness profit booking?
DSIJ Intelligence-3
/ Categories: Trending, Mkt Commentary

Indian markets set to open in green: Will broader markets rebound or continue to witness profit booking?

What was witnessed during Wednesday’s session could be termed as a ‘Tale of Two Markets’ wherein, the frontline gauges displayed tremendous strength, aided by a strong move in the banking & financial stocks but the broader markets ended the day on a dismal note. As a result, the market breadth was weak. Nifty Midcap 100 and Nifty Smallcap 100 were down by 1.19 per cent and 1.01 per cent, respectively. Moreover, not even one-fourth of the stocks from both these broader indices managed to close in green.   

Among the sectoral indices, Nifty Financial Services and Nifty Bank were up by 2.59 per cent & 2.33 per cent, respectively. Interestingly, the top four contributors to Nifty 50 were HDFC twins, ICICI Bank, and Kotak Mahindra Bank.   

Technically, the index formed a bullish candle with a gap-up opening, which indicates a follow-through move in the market. The index formed back-to-back gap-up opening while the upside gap of the last two trading sessions is still intact. Going forward, the opening gap of August 4 (16,147-16,176) may act as a support for the index. Meanwhile, on the upside, resistance is likely to be seen around the level of 16,300.  

Overall, the key takeaway for Wednesday’s session was that the banking and financial stocks assisted the index to remain buoyant while the wreck in the broader markets kept traders on tenterhook. Going forward, we would recommend the readers to be selective in their long positions and follow proper risk management. 

Previous Article These Small Cap Stocks made a fresh 52-week high with rising volumes
Next Article Types of issues in primary market
Print
778 Rate this article:
4.0
Please login or register to post comments.

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR