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Daily Market Outlook – 1st July 2020

NIFTY: The nifty opened up with a gap of almost 80 points, but could not sustain this gap up. After the first 15 minutes, the index started falling, with one intraday rally which failed to touch the early morning high. The market slid throughout the day. Reaching a low of 10267 before staging a small…

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Daily Market Outlook – 30th June 2020

NIFTY: Indian markets begin their out performance at the opening bell itself, when the nifty opened at 10311, down from Friday but not significantly in the red. Markets moved in a narrow range today, making a low of 10223 and then beginning a rally that saw it close at 10312, down 70 points. Today’s trading…

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Daily Market Outlook – 29th June 2020

NIFTY: The Nifty followed the world markets on Friday and opened with a gap up of 90 points at 10378.90. The index traded very choppy and narrow with lots of ups and downs during the day. The intraday range was very narrow today of just 98 points. After moving random intraday the index finally closed…

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Techno-Funda Research Report | Recommended Stock of the Week (28th June 2020)

Deepak Nitrite Limited is a chemical manufacturing company. The Company offers Sodium Nitrite, 2 Ethyl Hexyl Nitrate and Optical Brightening Agent (OBA). The Company’s segments include Bulk Chemicals and Commodities (BCC), Fine and Speciality Chemicals (FSC), and Fluorescent Whitening Agent (FWA). The BCC segment offers nitro tolunes, fuel additives and sodium nitrite/nitrate. The FSC segment…

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Weekly Market View – 27th June 2020

Indian Market Outlook: The Key benchmark indices rose over 1% over the week led the positive global cues while Global markets were in a consolidation mode after previous weeks of strong rally. The Nifty ending the week 1.35 percent higher at 10383 points while Sensex ended 1.27 percent higher at 35171 points. The BSE Midcap…

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Result Analysis: Galaxy Surfactants

Galaxy Surfactants Ltd is one of India’s leading manufacturer of surfactant and other specialty ingredients which are used in manufacturing of final products like personal and home care. Company is the global supplier to major FMCG companies Like Cavinkare, Colgate-Palmolive (India), Himalaya, Dabur, Jyothy lab etc. Particulars (In Cr.) 4QFY20 3QFY20 4QFY19 QoQ % YoY%…

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Daily Market Outlook – 26th June 2020

NIFTY: The US Markets fell more than 2.6% daybefore, setting up the possibility of a grim opening in India, yesterday morning. The SGX Nifty suggested an open around 10150, down almost 150 points. The actual open was much higher, with the Nifty opening at 10235. This was the first warning that India may not go…

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Daily Market Outlook – 25th June 2020

NIFTY: Yesterday the Nifty opened with a gap up of 58 points at 10529.25. The index begins its day with trading sideways. Soon prices began moving down after making its intraday high around 10553.15. Prices have continued its down move for the whole day. The index has rallied multiple times but could not sustain those…

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Daily Market Outlook – 24th June 2020

NIFTY: Yesterday was a different day, with the Nifty having gone through a choppy period the day before, there was a strong likelihood that the index could move up yesterday. This is exactly what happened. The Nifty opened almost unchanged and then began a rally from the morning to the closing bell. At the end…