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Weekly Market View – 11th July 2020

Indian Market Outlook: The Key benchmark indices rose over 1% over the week. The markets continued their range-bound movements as the increasing COVID cases worldwide kept markets on edge. Surging to a new 52-week high Reliance Industries Ltd shares helped the index recoup some losses. The Nifty ended the week 1.51 percent higher at 10768…

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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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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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Weekly Market View – 20th June 2020

Indian Market Outlook: The Key benchmark indices rose over 2% over the week led by Reliance Industries and Bajaj twins. RIL touched an all-time high as well as crossed Rs 11 lakh crore market capitalization after it announced that it has become net debt-free on raising Rs 1.68 lakh crore in under two months. The…

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Weekly Market View – 13th June 2020

Indian Market Outlook: The Key benchmark indices fell over 1% over the week due to Global cues, rising cases of COVID-19, and the United States Federal Reserve’s subdued growth outlook of the US. It projected that the US economy will shrink 6.5% in 2020. The Nifty ending the week 1.67 percent lowers at 9973 points…

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Weekly Market View – 6th June 2020

Indian Market Outlook: The Key benchmark indices rose over 5% over the week, supported by hopes that the easing lockdown will get the economy back on track gradually. The Nifty ending the week 5.86 percent higher at 10142 points while Sensex ended 5.75 percent higher at 34287.24 points. The BSE Midcap index ended 6 percent…

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Weekly Market View – 30th May 2020

Indian Market Outlook: The Key benchmark indices rose over 5% over the week with the FMCG, Auto, Pharma and Metal stocks tracked massive buying with Banking sector. The Nifty ending the week 6 percent higher at 9580 points while Sensex ended 5.71 percent higher at 32424 points. The BSE Midcap index ended 5 percent higher,…

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Weekly Market View – 23rd May 2020

Indian Market Outlook: The Key benchmark indices fell over 1 % over the week dragged by the financials and an escalation in tensions between the US and China. RBI’s decision to increase the moratorium period on loan repayment worried investors, who now fear a major spike in bad loans once that EMI freeze gets over.…

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Weekly Market View – 16th May 2020

Indian Market Outlook: The Key benchmark indices fell over 1.% this week despite the efforts taken by the Government. The package had more to do with fixing supply-side issues than catering to demand-side issues. In the week ended, the S&P BSE Sensex index fell 544.97 or 1.72 percent to settle at 31907.73, whereas NSE Nifty…

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Weekly Market View – 9th May 2020

Indian Market Outlook: The Key benchmark indices fell over 6% this week as coronavirus cases continued to spiral and markets awaited an economic stimulus. Last week, we had some encouraging moves in the market and in the process; the Nifty took a leap beyond the 9800 mark. However, with US President Donald Trump threatening China…