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Daily Market Outlook – 8th July 2020

NIFTY: The Nifty had a choppy day yesterday, first moving down then moving up, then moving down deeply into the red, and then having a last hour rally that saw a gain of 100 points to close in the green. After daybefores big rally, a choppy day was only expected. Yesterdays intraday movement did not…

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Daily Market Outlook – 7th July 2020

NIFTY: The Nifty opened with a stunning gap, opening around  10724, up almost 100 points at the open. This gap was sustained and after a brief sideways movement, the index continued its up move, touching 10800 by midday. The zone around 10800 provided resistance and profit taking for the rest of the day. A significant…

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Daily Market Outlook – 6th July 2020

NIFTY: The Nifty moved in a very narrow range throughout the day, finally closing with gains but not offering any significant intraday movement. The index opened with a gap up, then made a high of 10631, then a low of 10562 and finally closed at 10607, up 55 points. Reliance, TCS, Hind Unilever were the…

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Weekly Market View – 4th July 2020

The Key benchmark indices rose over 2% over the week led by record close in Reliance Industries. The rally is also supported by hopes of a Covid-19 vaccine coming to everyone’s rescue earlier than expected. The Nifty ending the week 2.16 percent higher at 10607 points while Sensex ended 2.42 percent higher at 36021 points.…

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Techno-Funda Research Report | Recommended Stock of the Week (4th July 2020)

Vinati Organics is engaged in manufacturing of specialty organic intermediates and monomers, such as Isobutyl Benzene (IBB), 2 Acrylamido 2Methylpropane Sulfonic Acid (ATBS), Sodium Salt of 2 Acrylamido 2Methylpropane Sulfonic Acid (NaATBS), Diacetone Acrylamide, Isobutylene, High Purity Methyl Tertiary Butyl Ether (HPMTBE) and TB Amine. The company is world leaders in two of its main…

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Sovereign Gold Bond Scheme 2020-21 Series IV

We are pleased to inform you about the Sovereign Gold Bonds 2020-21 Series IV issuance calendar as decided by Government of India, in consultation with the Reserve Bank of India. They are denominated in grams of gold and can be purchased instead of physical gold. Investors can invest in Sovereign Gold Bond Scheme 2020-21 Series IV…

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Daily Market Outlook – 3rd July 2020

NIFTY: The Nifty continued its momentum from day before and opened with a gap up of almost 63 points at 10493.05. The index first traded sideways till 11:30 am and then began a rally of almost 100 points till 2:00 PM. The index then saw a correction and finally closed at 10551.70 up by 121.65…

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Daily Market Outlook – 2nd July 2020

NIFTY: After four days of narrow range movement nifty had a decent day today. Gaining almost 128 points to close at 10430. The nifty opened almost unchanged in the morning and then after stabilizing for an hour began an up move that took it almost 120 points higher towards 10430. The index had a decent…