Author: Vicky Nagar
Vicky Nagar
Vicky Nagar is an equity trader with 5+ years of experience in trading and investing. He has expertise in equity valuation, sectoral analysis, index analysis, and in identifying the market trends. He is a NISM Certified Research Analyst. Formerly a relationship manager at Kotak Mahindra Bank Limited in the Agri-Business Group, he also has teaching experience at KS School of Business Management, Gujarat University, and as an Academic Associate at IRMA (Institute of Rural Management Anand). He holds a BBA (Gold Medalist) and an MBA (Gold Medalist) in Marketing.
Weekly Market Snap: Sectoral Indices : Weekly % Change Top Gainers CMP % Gain Top Losers CMP % Loss CNXREALTY 643.75 10.42 NIFTYAUTO 16045.40 -0.77 NIFTYMEDIA 2266.75 3.96 NIFTYOILANDGAS 7773.50 2.97 NIFTYPSUBANK 5055.35 2.74 NIFTYCONSURDURBL 28644.8 2.18 Cash Market (Nifty Total Market) Top Price Gainers CMP % Gain Top Price Losers CMP % Loss Top Volume Buzzers CMP Vol JPASSOCIAT 18.30 39.16 SYRMA 510.00 -15.06 GREENLAM 554.20 9.84x GREENLAM 554.20 28.27 ACI 521.00 -14.22 PPLPHARMA 104.65 7.95x JPPOWER 11.45 23.12 PRUDENT 1129.60 -11.82 ARVIND 205.40 7.48x JINDALSAW 460.55 20.11 GMDCLTD 327.25 -11.23 THOMASCOOK 144.50 7.20x TI 242.90 19.10 DCMSHRIRAM 876.00 -9.81…
Weekly Market Snap: Sectoral Indices : Weekly % Change Top Losers CMP % Loss NIFTYMEDIA 2180.50 -5.36 NIFTYMETAL 6453.10 -3.87 NIFTYCOMMODITIES 6202.05 -2.82 CNXIT 30599.7 -2.76 NIFTYHEALTHCARE 9270.55 -2.73 Cash Market (Nifty Total Market) Top Price Gainers CMP % Gain Top Price Losers CMP % Loss Top Volume Buzzers CMP Vol SWANENERGY 369.20 18.22 MMTC 51.90 -18.33 PRSMJOHNSN 135.85 15.35x BSE 1862.95 17.33 STLTECH 135.90 -17.64 CREDITACC 1570.70 9.83x CREDITACC 1570.70 13.01 IONEXCHANG 545.70 -16.62 JUBLPHARMA 397.25 7.56x VOLTAMP 4988.95 12.25 FINPIPE 194.35 -13.56 GREENLAM 432.05 7.30x ICIL 264.70 9.04 WESTLIFE 820.25 -12.37 KKCL 758.45 6.74x Futures Market Top Price Gainers…
Weekly Market Snap: Sectoral Indices: Weekly % Change Top GainersCMP% GainTop LosersCMP% LossCNXREALTY612.804.31NIFTYPSUBANK5048.95-3.24NIFTYAUTO16444.952.84CNXIT31807.95-1.65NIFTYCPSE3912.302.59NIFTYCONSURDURBL29164.8-0.60NIFTYFMCG52520.701.83CNXENERGY27201.351.76 Cash Market (Nifty 500) Top Price GainersCMP% GainTop Price LosersCMP% LossTop Volume BuzzersCMPVolITI271.1041.20RAJESHEXPO445.60-10.33ITI271.1021.16xMMTC74.6026.44TRITURBINE375.20-9.53MMTC74.6019.89xNAM-INDIA394.3017.86SWSOLAR310.55-9.09LXCHEM282.7017.85xWELCORP440.6012.67MAPMYINDIA2025.00-8.51SHARDACROP442.0011.99xPOWERINDIA4450.5012.08SUZLON26.80-7.9ACI649.759.72x Futures Market Top Price GainersCMP% GainTop Price LosersCMP% LossTop Volume BuzzersCMPVolNMDC159.909.67ICICIPRULI522.60-6.57CUB137.105.24xIDEA12.009.59BANKBARODA203.50-5.48METROPOLIS1558.405.06xTATAMOTORS667.107.17BANDHANBNK240.70-4.82CHAMBLFERT291.204.87xCOALINDIA307.957.00MPHASIS2376.20-4.61UBL1582.654.75xTVSMOTOR1600.906.64VOLTAS845.45-4.48NMDC159.903.42x Weekly Market Movement: In the recent week, the Indian stock market witnessed slight gains for the second consecutive week, with the Nifty closing above 19,750 points. The S&P BSE Sensex increased by 287.11 points or 0.44%, settling at 66,282.74, and the Nifty 50 index added 97.55 points or 0.50%, closing at 19,751.05. The BSE Mid-Cap index rose by 0.71% to 32,305.62, while the…
Weekly Market Snap: Sectoral Indices : Weekly % Change Top Gainers CMP % Gain Top Losers CMP % Loss CNXREALTY 587.50 2.06 NIFTYFMCG 51577.90 -0.05 CNXIT 32341.70 1.75 NIFTYCONSURDURBL 29341.65 1.36 NIFTYMEDIA 2286.75 0.82 NIFTYCONSUMPTION 8485.6 0.30 Cash Market (Nifty 500) Top Price Gainers % Gain Top Price Losers % Loss Top Volume Buzzers Qty GODREJIND 26.24 FLUOROCHEM -6.70 GODREJIND 17.51x ECLERX 19.21 BCG -5.56 KPIL 7.59x PCBL 16.92 TRITURBINE -5.41 METROBRAND 7.19x INFIBEAM 14.08 JBMA -5.35 ECLERX 5.80x KALYANKJIL 13.45 CGPOWER -5.3 PNBHOUSING 5.44x Futures Market …
The Reserve Bank of India (RBI) has recently made a significant announcement regarding its monetary policy and economic outlook. In its latest update, the RBI decided to keep its benchmark repo rate unchanged at 6.5% for the fourth consecutive time, while maintaining a hawkish policy stance aimed at the "withdrawal of accommodation." Let's delve into the key highlights and forecasts from this important announcement. Steady Repo Rate: The RBI's decision to maintain the repo rate at 6.5% marks the fourth consecutive time it has remained unchanged. The repo rate is the rate at which commercial banks can borrow money from…
Weekly Market Snap: Sectoral Indices: Weekly % Change Cash Market (Nifty 500): Futures Market: Weekly Market Movement: The Indian stock market witnessed a downward trend for the second consecutive week, as concerns about rising oil prices and anticipation of increased US interest rates led to foreign institutional investor (FII) selling. However, the broader market performed better than the major indices, with the BSE Mid-Cap and Small-Cap indices gaining over 1% each. For the week ending September 29, 2023, the S&P BSE Sensex decreased by 180.74 points or 0.27%, settling at 65,828.41. Similarly, the Nifty 50 index lost 35.95 points or…
Weekly Market Snap: Weekly Market Movement: The Indian stock market witnessed a significant bout of profit booking during the week ending September 22, 2023, marking a sharp contrast to the continuous gains witnessed in the previous three weeks. The Sensex concluded just above the 66,000 level, while the Nifty settled slightly above 19,650. The broader market, represented by the BSE Mid-Cap and Small-Cap indices, faced persistent selling pressure for the second consecutive week. The week saw a sell-off in many sectors, including IT, metals, and banks. IT stocks were under pressure due to concerns about a global economic slowdown. Metal…
The FOMC (Federal Open Market Committee) maintained policy rates at 5.25-5.50%, as was widely expected. The statement maintained a hawkish tone and discussed conditions that would warrant further policy tightening. The "dot plot" indicated a median expectation for one more 25 basis points (bps) rate hike in 2023. A hawkish surprise came for 2024, with both median rate expectations for 2024 and 2025 rising by a full 50 bps, reducing the implied rate cuts for 2024 to 50 bps. During the press conference, Powell emphasized the challenges of forecasting and the mixed track record of forecasters. Inflation Concerns: Economic Overview:…
In a remarkable achievement, India has witnessed a rapid surge in electric vehicle (EV) sales, surpassing the one-million mark in just under nine months of 2023. This milestone, previously taking a full year to achieve in 2022, marks a significant shift in the country's automotive landscape. According to data sourced from the Ministry of Road Transport and Highways' Vahan Dashboard, an impressive 1,037,011 EVs were registered with regional transport offices by September 19, accounting for 6.4% of total automobile sales this year. The driving forces behind this surge include increased individual purchases and substantial business-to-business (B2B) acquisitions by EV fleet…
Weekly Market Snap: Weekly Market Movement: Indian stock markets continued their upward trajectory for the third consecutive week, with benchmark indices reaching record highs. The S&P BSE Sensex surged past the 67,800 level, while the Nifty 50 index settled comfortably near the 20,200 mark. However, the broader market, represented by the BSE Mid-Cap and Small-Cap indices, deviated from the trend, concluding a three-week upward trajectory. The Sensex posted impressive growth, surging by 1,239.72 points or 1.86% to reach a closing value of 67,838.63. Similarly, the Nifty 50 index exhibited strength, advancing by 372.40 points or 1.88%, ultimately closing at 20,192.35.…