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  • The Indian stock market closed in the green on Monday as buying was seen across the sectors, especially in the auto and IT verticals.

    The Indian stock market closed in the green on Monday as buying was seen across the sectors, especially in the auto and IT verticals.

    Dear Trader…

    The markets started the week on a positive note, gaining over half a percent amid volatility, continuing Friday’s rebound. After a gap-up opening, the Nifty future witnessed sharp fluctuations during the initial hours, followed by a range-bound move till the end, eventually settling at the 25,035 level. All key sectors moved in sync with the overall trend, with auto, IT, and FMCG emerging as the top gainers.

    The move reaffirms our positive outlook on the markets; however, caution persists due to mixed global cues, which continue to limit the pace of the rally. As the Nifty once again approaches its previous swing high, sustained strength in key sectors, especially banking, will be crucial to surpass the 25,202 hurdle and regain upward momentum. In the meantime, traders are advised to remain stock-specific and use any intermediate dips or pauses as opportunities to accumulate quality names across sectors.”

    Nifty futures opened at 24950 points against the previous close of 24879 and opened at a low of 24935 points. Nifty Future closed with an average movement of 188 points and a rise of around 156 points and 25035 points…!!

    On the NSE, the midcap 100 index will rise 0.67% and smallcap 100 index is closing rise 0.37%. Speaking of various sectoral indices, Auto, IT, FMCG, Metal and Realty stocks saw heavy gains on the NSE, while all other sectoral indices also closed higher.

    At the start of intra-day trading, June gold opened at Rs.96001, fell from a high of Rs.96101 points to a low of Rs.95507 with a decline of 700 points, a trend of around Rs.95721 and July Silver opened at Rs.97878, fell from a high of Rs.98300 points to a low of Rs.97566 with a decline of 238 points, a trend of around Rs.97816.

    Meanwhile, The US decision to consider extending the deadline for imposing aggressive tariffs on EU, coupled with a decline in the dollar index, contributed to a rebound in the domestic equity markets. These developments suggest that trade negotiations are progressing constructively, which could help moderate market volatility.

    Additionally, the early onset of the southwest monsoon and a decline in domestic bond yields have encouraged investors to maintain their focus on riskier assets. The broader market outperformed, driven by expectations of increased rural consumption and a stronger Q4 GDP, following better-than-anticipated corporate earnings for the quarter.

    Rupee traded higher by 24 paise to close at 85.09 against the US dollar, supported by continued weakness in the dollar index, which fell to 98.93. A series of key US economic data lined up this week including Durable Goods Orders, FOMC Meeting Minutes, Q1 GDP, and the Core PCE Price Index are expected to keep USD-INR volatility elevated.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • Indian equity markets ended lower on Thursday due to weak global cues, especially from the Asian markets which affected investor sentiment.

    Indian equity markets ended lower on Thursday due to weak global cues, especially from the Asian markets which affected investor sentiment.

    Dear Trader…

    Markets edged lower after a brief respite, losing nearly a percent, weighed down by weak global cues. Following a gap-down start, the Nifty future continued to drift lower for most of the weekly expiry session. However, it rebounded in the final hours after retesting the crucial support zone of the short-term moving average – the 20-day EMA – around the 24,404 level, and eventually closed at 24,665.10. In line with the benchmark’s movement, all key sectorial indices ended in the red, with FMCG, IT, and auto among the top losers. The broader indices also remained under pressure and closed with marginal losses.

    The decline was primarily driven by weak global sentiment, particularly from the US markets, in the absence of any significant domestic triggers. Additionally, the recent outflow of foreign funds has further weighed on market sentiment. Going forward, it is crucial for the Nifty to hold above its 20-day EMA support near 24,404. We thus recommend maintaining a cautious stance and adopting a selective approach in the current environment.

    Nifty futures opened at 24778 points against the previous close of 24832 and opened at a low of 24515 points. Nifty Future closed with an average movement of 277 points and a decline of around 167 points and 24665 points…!!

    On the NSE, the midcap 100 index will decline 0.52% and smallcap 100 index is closing decline 0.26%. Speaking of various sectoral indices, the NSE saw gains in only Media stocks, while all other sectoral indices closed lower.

    At the start of intra-day trading, June gold opened at Rs.96214, fell from a high of Rs.96383 points to a low of Rs.95221 with a rise of 151 points, a trend of around Rs.95731 and July Silver opened at Rs.98780, fell from a high of Rs.99365 points to a low of Rs.96650 with a decline of 794 points, a trend of around Rs.97451.

    Meanwhile, The FIIs as per Thursday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 13509.36 crore against gross selling of Rs 11237.12 crore. Thus, FIIs stood as net buyers of Rs 2272.24 crore in equities.

    In the debt segment, the gross purchase was of Rs 2250.16 crore with gross sales of Rs 2849.93 crore. Thus, FIIs stood as net sellers of Rs 599.77 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 52.61 crore, they stood at net buyers in Debt-VRR segment at Rs 481.37 crore, while net sellers in Debt-FAR segment at Rs 1133.75 crore.

    In the hybrid segment, the gross buying was of Rs 5.95 crore against gross selling of Rs 14.28 crore. Thus, FIIs stood as net sellers of Rs 8.33 crore in hybrid segment.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

  • The Indian stock market closed in positive territory on Wednesday, with the benchmark indices showing gains despite some ups and downs during the day.

    The Indian stock market closed in positive territory on Wednesday, with the benchmark indices showing gains despite some ups and downs during the day.

    Dear Trader…

    Indian equity markets demonstrated resilience despite several headwinds, with Nifty future closing with gains of 42 points (+0.17%) at 24,817, recovering from a sharp 194 point (-0.78%) fall on Tuesday. Global markets declined overnight on escalating Israel-Iran tensions, US growth concerns, and reduced hopes for a Fed rate cut. Nifty Realty (+1.7%) and Pharma (+1.3%) led sectoral gains.

    Globally, Brent crude jumped 2% to over $66/bbl amid reports of a potential Israeli strike on Iranian nuclear facilities, adding to geopolitical concerns. Fed officials maintained a hawkish stance, dampening near-term rate cut hopes and warning of a sustained tariff-driven inflation.

    UK inflation also came in higher at 3.5% YoY, the highest in over a year, potentially impacting the Bank of England’s next rate decision. Domestically, India’s core sector output grew a modest 0.5% in April’25, an 8-month low, signalling a moderation in industrial activity.

    Nifty futures opened at 24755 points against the previous close of 24774 and opened at a low of 24720 points. Nifty Future closed with an average movement of 299 points and a rise of around 42 points and 24817 points…!!

    On the NSE, the midcap 100 index will rise 0.78% and smallcap 100 index is closing rise 0.38%. Speaking of various sectoral indices only Consumer Durables stocks were seen selling on the NSE, while all other sectoral indices closed higher.

    At the start of intra-day trading, June gold opened at Rs.95344, fell from a high of Rs.95705 points to a low of Rs.95150 with a rise of 670 points, a trend of around Rs.95511 and July Silver opened at Rs.97447, fell from a high of Rs.97995 points to a low of Rs.97447 with a rise of 426 points, a trend of around Rs.97714.

    Looking ahead, we expect markets to remain firm, supported by healthy domestic macros, decent corporate earnings, and prospects of an above-normal monsoon this year. Institutional buying in broader markets should provide further support. Key earnings due Thursday include ITC, Sun Pharma, Grasim, CONCOR, and GMR Airports.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • The Indian stock markets witnessed a sharp fall on Tuesday amid weak global cues as FII selling was among the key factors that weighed on investors’ sentiment.

    The Indian stock markets witnessed a sharp fall on Tuesday amid weak global cues as FII selling was among the key factors that weighed on investors’ sentiment.

    Dear Trader…

    After two days of consolidation, Indian market witnessed selling pressure with Nifty future declining 194 points to reach 24,782 level (-0.78%). Both FIIs and DIIs turned net sellers to the tune of Rs525cr and Rs238cr respectively, dampening the market sentiment. Amongst sectors, Auto, Financial Services and Healthcare were the top losers (down 1-2% each), dragging the benchmark indices. Nifty Metal gained initially during the session, following China’s announcement of interest rate cut but pared the gains with market decline.

    Asian markets ended with gains, cheering China’s decision to lower its benchmark lending rates for the first time in seven months, trimming the 1-year LPR to 3.0% from 3.1% and the 5-year LPR to 3.5% from 3.6%. The IT index ended with the smallest decline, backed by a rebound in the US market which closed at a 3-month high on Monday.

    Meanwhile, investors are closely tracking the ongoing India and US talks for a trade agreement, which is likely to happen in three stages. As per reports, an interim agreement is expected before July when the pause in US reciprocal tariffs are set to end.

    On the earnings front, ONGC, Indigo, PFC, Mankind Pharma, NTPC Green, RVNL amongst others will be announcing results on Wednesday. We expect markets to remain range bound and track global cues including progress on US trade talks with India, China among others.

    Nifty futures opened at 25040 points against the previous close of 24976 and opened at a low of 24745 points. Nifty Future closed with an average movement of 314 points and a decline of around 194 points and 24782 points…!!

    On the NSE, the midcap 100 index will decline 1.62% and smallcap 100 index is closing decline 0.94%. Speaking of various sectoral indices, the NSE saw gains in Auto, Healthcare, Media, Financial Services, Fmcg Pharma stocks saw heavy gains on the NSE, while all other sectoral indices also closed higher.

    At the start of intra-day trading, June gold opened at Rs.93001, fell from a high of Rs.93927 points to a low of Rs.92810 with a rise of 352 points, a trend of around Rs.93649 and July Silver opened at Rs.95325, fell from a high of Rs.96417 points to a low of Rs.94899 with a rise of 497 points, a trend of around Rs.95950.

    Meanwhile, The FIIs as per Tuesday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 13411.05 crore against gross selling of Rs 12473.22 crore. Thus, FIIs stood as net buyers of Rs 937.83 crore in equities.

    In the debt segment, the gross purchase was of Rs 1126.25 crore with gross sales of Rs 2296.85 crore. Thus, FIIs stood as net sellers of Rs 1170.60 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 531.63 crore, they stood at net sellers in Debt-VRR segment at Rs 319.59 crore, while net sellers in Debt-FAR segment at Rs 319.38 crore.

    In the hybrid segment, the gross buying was of Rs 17.75 crore against gross selling of Rs 20.23 crore. Thus, FIIs stood as net sellers of Rs 2.48 crore in hybrid segment.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

  • The Indian stock market began the week on a weak note as benchmark indices ended lower on Monday, mainly due to profit booking at higher levels.

    The Indian stock market began the week on a weak note as benchmark indices ended lower on Monday, mainly due to profit booking at higher levels.

    Dear Trader…

    Markets made a muted start to the week and ended marginally lower, taking a breather after the recent surge. After a flat opening, the Nifty future oscillated within a narrow range throughout the session and settled near the day’s low at 24965.00. A mixed trend across sectors kept traders engaged, with realty, pharma, and auto indices edging higher, while IT declined by over a percent. The broader market also witnessed a mixed performance, as the small-cap index gained over half a percent, while the mid-cap index ended flat.

    We believe this intermediate pause in the index, without any significant damage to the overall structure, is a healthy sign. During such phases, traders should adopt a stock-specific approach. Among the key sectors, banking now merits more attention following its recent consolidation phase. Meanwhile, other sectors are expected to contribute on a rotational basis. Apart from corporate earnings, global cues and the trend in foreign fund flows will remain key factors to watch.

    Nifty futures opened at 25060 points against the previous close of 25078 and opened at a low of 24952 points. Nifty Future closed with an average movement of 164 points and a decline of around 113 points and 24965 points…!!

    On the NSE, the midcap 100 index will rise 0.08% and smallcap 100 index is closing rise 0.51%. Speaking of various sectoral indices, the NSE saw gains in only Realty, PSU Bank, Pharma, Auto, Healthcare and Metal stocks, while all other sectoral indices closed lower.

    At the start of intra-day trading, June gold opened at Rs.93024, fell from a high of Rs.94031 points to a low of Rs.92800 with a rise of 1241 points, a trend of around Rs.93682 and July Silver opened at Rs.95499, fell from a high of Rs.96250 points to a low of Rs.95499 with a rise of 832 points, a trend of around Rs.96150.

    Meanwhile, The FIIs as per Monday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 19834.90 crore against gross selling of Rs 12351.49 crore. Thus, FIIs stood as net buyers of Rs 7483.41 crore in equities.

    In the debt segment, the gross purchase was of Rs 1348.11 crore with gross sales of Rs 1893.10 crore. Thus, FIIs stood as net sellers of Rs 544.99 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 122.29 crore, they stood at net buyers in Debt-VRR segment at Rs 161.69 crore, while net sellers in Debt-FAR segment at Rs 584.39 crore.

    In the hybrid segment, the gross buying was of Rs 19.21 crore against gross selling of Rs 24.05 crore. Thus, FIIs stood as net sellers of Rs 4.84 crore in hybrid segment.

    Technically, the important key resistances are placed in Nifty future are at 25008 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 25088 – 25133 levels. Immediate support is placed at 24808 – 24676 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

  • The Indian stock markets ended lower on Friday as investors chose to book profits after recent gains.

    The Indian stock markets ended lower on Friday as investors chose to book profits after recent gains.

    Dear Trader…

    Indian equities remained range bound today after witnessing a strong rally yesterday, ending the day with a decline of 0.17%. Nifty mid-cap 100 remained flat and Nifty small-cap100 gained by 1.8%, outperforming the Nifty future. Defence stocks continued to witness strong gains with Nifty India Defence gaining more than 5%, amid media outlining India’s defence budget may receive an additional allocation of INR 50,000 crore under a supplementary budget. The boost will take overall defence allocation past Rs 7 lakh crore for the financial year 2025–26. FII have been net buyers worth nearly Rs14500cr from the beginning of May till date, while DII bought stock worth Rs18000cr during the same period.

    Railway stocks witnessed strong buying interest with several counters rallying up to 11 per cent. On the earnings front, quarterly results from Amber Enterprise, Data Patterns, Divi’s Labs, Premier Energies, Zen technologies and others are expected to drive stock-specific action. The broader consolidation with a positive bias is likely to persist for the Indian markets, supported by easing geopolitical tensions, progress on trade agreements, and improving signs of macroeconomic stability.

    Nifty futures opened at 25126 points against the previous close of 25078 and opened at a low of 25006 points. Nifty Future closed with an average movement of 143 points and a rise of around 01 points and 25080 points…!!

    On the NSE, the midcap 100 index will rise 0.94% and smallcap 100 index is closing rise 1.86%. Speaking of various sectoral indices only IT, Healthcare, Metal and Pharma stocks were seen selling on the NSE, while all other sectoral indices closed higher.

    At the start of intra-day trading, June gold opened at Rs.92859, fell from a high of Rs.93550 points to a low of Rs.91615 with a decline of 1107 points, a trend of around Rs.92062 and July Silver opened at Rs.95751, fell from a high of Rs.96100 points to a low of Rs.94476 with a decline of 1425 points, a trend of around Rs.94490.

    Meanwhile, The FIIs as per Friday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 21440.45 crore against gross selling of Rs 15693.92 crore. Thus, FIIs stood as net buyers of Rs 5746.53 crore in equities.

    In the debt segment, the gross purchase was of Rs 1426.40 crore with gross sales of Rs 2210.70 crore. Thus, FIIs stood as net sellers of Rs 784.30 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 735.96 crore, they stood at net buyers in Debt-VRR segment at Rs 16.54 crore, while net sellers in Debt-FAR segment at Rs 64.88 crore.

    In the hybrid segment, the gross buying was of Rs 28.70 crore against gross selling of Rs 18.83 crore. Thus, FIIs stood as net buyers of Rs 9.87 crore in hybrid segment.

    Technically, the important key resistances are placed in Nifty future are at 25202 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 25272 – 25404 levels. Immediate support is placed at 24939 – 24880 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • Domestic stock markets closed sharply higher on Thursday after US President Donald Trump claimed that India has agreed to reduce tariffs to zero on a range of American goods as part of the bilateral trade deal.

    Domestic stock markets closed sharply higher on Thursday after US President Donald Trump claimed that India has agreed to reduce tariffs to zero on a range of American goods as part of the bilateral trade deal.

    Dear Trader…

    Indian equities soared on Thursday, with the Nifty future jumping 1.47% to close at 25,078 breaching the 25,000 mark for the first time since October 2024, signaling a strong comeback for the bulls. The rally was triggered by positive comments from U.S. President Donald Trump, who stated that India had offered to drop tariffs on U.S. goods as part of trade negotiations and traders swiftly covering their short positions.

    All sectoral indices ended in the green. Nifty Realty led with gains of 1.9%, while auto stocks extended their rally for the third straight session. Defense stocks remain in focus, buoyed by strong domestic demand and rising export optimism, having gained nearly 11% this week. Market volatility remained elevated through the day, partly due to the weekly expiry of Nifty derivatives. On the institutional front, both FIIs and DIIs turned net buyers on Wednesday, collectively purchasing around Rs.1,200 crore, providing further support to the market’s momentum.

    Nifty futures opened at 24733 points against the previous close of 24715 and opened at a low of 24600 points. Nifty Future closed with an average movement of 544 points and a rise of around 362 points and 25078 points…!!

    On the NSE, the midcap 100 index will rise 0.70% and smallcap 100 index is closing rise 0.54%. Speaking of various sectoral indices, Realty, Auto, Metal, Media and Oil and Gas stocks saw heavy gains on the NSE, while all other sectoral indices also closed higher.

    At the start of intra-day trading, June gold opened at Rs.91593, fell from a high of Rs.92290 points to a low of Rs.90890 with a decline of 40 points, a trend of around Rs.92225 and July Silver opened at Rs.94368, fell from a high of Rs.95303 points to a low of Rs.93800 with a decline of 316 points, a trend of around Rs.95150.

    Meanwhile, globally, the UK posted better-than-expected Q1 GDP growth of 0.7%. Investors now await key global data releases—U.S. Initial Jobless Claims, U.S. Retail Sales, and Japan’s GDP—which could guide near-term market direction. On the earnings front, results from Hyundai Motors, BHEL, Credit Access Grameen, and Eureka Forbes are due on Friday—potentially driving stock-specific action.

    Technically, the important key resistances are placed in Nifty future are at 25202 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 25303 – 25373 levels. Immediate support is placed at 24979 – 24880 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • Indian stock markets ended Wednesday’s session on a strong note, supported by gains in metal, real estate and technology shares.

    Indian stock markets ended Wednesday’s session on a strong note, supported by gains in metal, real estate and technology shares.

    Dear Trader…

    Markets traded within a narrow range following Tuesday’s dip but managed to close slightly higher. The session began on a positive note, supported by encouraging factors such as easing retail inflation and stable global cues. However, the absence of sustained buying interest and a mixed performance among heavyweight stocks limited further gains as the day progressed. Eventually, the Nifty future closed at 24,715.90, up by 0.31%. Most key sectors contributed to the up move, with the exception of banking. Notably, metal, realty, and energy sectors were among the top performers.

    We believe this is a healthy pause in Nifty following Monday’s rally, and it may continue for another session or two. In the meantime, traders should maintain a stock-specific approach and use this consolidation phase to accumulate fundamentally strong names. Alongside key sectors, themes such as defense, railways, and PSU banking are also offering trading opportunities. However, it’s important to maintain a balanced view and avoid excessive exposure.

    Nifty futures opened at 24670 points against the previous close of 24640 and opened at a low of 24572 points. Nifty Future closed with an average movement of 262 points and a rise of around 75 points and 24715 points…!!

    On the NSE, the midcap 100 index will rise 1.11% and smallcap 100 index is closing rise 1.44%. Speaking of various sectoral indices Only Private Bank stocks were seen selling on the NSE, while all other sectoral indices closed higher.

    At the start of intra-day trading, June gold opened at Rs.93143, fell from a high of Rs.93666 points to a low of Rs.92969 with a decline of 516 points, a trend of around Rs.93131 and July Silver opened at Rs.96650, fell from a high of Rs.97053 points to a low of Rs.95770 with a decline of 813 points, a trend of around Rs.95954.

    Meanwhile, The FIIs as per Wednesday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 17669.11 crore against gross selling of Rs 17504.81 crore. Thus, FIIs stood as net buyers of Rs 164.30 crore in equities.

    In the debt segment, the gross purchase was of Rs 1705.10 crore with gross sales of Rs 4199.97 crore. Thus, FIIs stood as net sellers of Rs 2494.87 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 1414.77 crore, they stood at net buyers in Debt-VRR segment at Rs 349.84 crore, while net sellers in Debt-FAR segment at Rs 1429.94 crore.

    In the hybrid segment, the gross buying was of Rs 7.12 crore against gross selling of Rs 9.04 crore. Thus, FIIs stood as net sellers of Rs 1.92 crore in hybrid segment.

    Technically, the important key resistances are placed in Nifty future are at 24808 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 24939 – 25008 levels. Immediate support is placed at 24606 – 24474 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • The Indian stock market bounced back strongly on Monday despite geo-political tensions, with the benchmark indices ending the day on a robust note. 

    The Indian stock market bounced back strongly on Monday despite geo-political tensions, with the benchmark indices ending the day on a robust note. 

    Dear Trader…

    Indian benchmark indices ended over 1% higher on Monday, The 30-share BSE Sensex jumped 1,005.8 points, or 1.27%, to settle at 80,218, while the broader NSE Nifty Future gained 313 points, or 1.30%, closing at 24,452.

    The rally was driven by heavyweight Reliance Industries after it reported better-than-expected earnings, while continued foreign inflows further boosted market sentiment.

    The rally was driven primarily by a surge in the strong performance from select banking stocks and hopes of a new India-US trade deal.

    Nifty futures opened at 24200 points against the previous close of 24139 and opened at a low of 24140 points. Nifty Future closed with an average movement of 389 points and a rise of around 313 points and 24452 points…!!

    Major banking stocks such as ICICI Bank, HDFC Bank, Axis Bank, and SBI contributed significantly to the market’s strong performance, together adding up to 340 points to the Sensex.

    These top four stocks made up nearly 75 per cent of the day’s total gains.

    Among the individual gainers, Sun Pharma, Mahindra and Mahindra, Tata Steel, SBI, Axis Bank, Tata Motors, and Larsen and Toubro all saw an increase of 2-3 per cent in their stock prices.

    However, some stocks like HCL Technologies, UltraTech Cement, Hindustan Unilever, and Eternal faced losses, with HCL Technologies falling nearly 2 per cent.

    In the broader market, the BSE MidCap index rose by 1.4 per cent, while the SmallCap index gained 0.4 per cent.

    Sectoral indices also saw positive movement, with the BSE Oil and Gas index leading the way, climbing nearly 3 per cent.

    Other sectors like banking, capital goods, auto, metal, and healthcare also ended on a strong note, with each index rising by over 1.5 per cent.

    Rupee traded strong at 84.98, up by 0.25, supported by a sharp surge in capital markets, where major indices rose by 1.20 per cent and banking index jumped by 1.41 per cent.

    Meanwhile, the continued rally in Indian equities reflects a positive investor sentiment, bolstered by favorable global cues and strong corporate earnings. However, market participants remain cautious of potential geopolitical tensions and their impact on market stability. Analysts suggest that while the current momentum is strong, investors should stay informed about global developments that could influence market dynamics.​

    Technically, the important key resistances are placed in Nifty future are at 24452 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 24474 – 24606 levels. Immediate support is placed at 24303 – 23188 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • The benchmark equity indices saw intense selling pressure on Friday amid escalating tensions between India and Pakistan, following the terror attack in Jammu and Kashmir’s Pahalgam.

    The benchmark equity indices saw intense selling pressure on Friday amid escalating tensions between India and Pakistan, following the terror attack in Jammu and Kashmir’s Pahalgam.

    Dear Trader…

    After a positive start supported by favourable global cues, Indian benchmark indices declined sharply. This was on account of profit booking which came in as cross-border tensions between India and Pakistan escalated, following the terrorist attacks in Pahalgam, Kashmir. Nifty future ended with loss of 233 points at 24139 (-0.96%). There were deeper cuts in the broader market indices with Nifty Midcap100 and Smallcap100 down by over 2.5% each.  All the sectoral indices, barring Nifty IT, closed in the red. Realty and Financial services indices were the top losers, falling by ~3% each. Nifty IT being the exception, ended with gains of 0.7% on the back a rally in the tech-heavy US Nasdaq index yesterday.

    Hotel and aviation stocks were under selling pressure as tourism is expected to be negatively impacted after the attack on tourists in Kashmir. On the positive side, news-flows indicated some softness in the US-China tariff war, while India is expected to be closer to signing a trade deal with the US. Geo-political developments between India and Pakistan could add volatility to the Indian market over the next few days. Meanwhile, stock/sector specific action would continue on the back of ongoing Q4 earnings announcements. Key results next week include those from large-caps like Ultratech Cement, Bajaj Finance, Trent, Ambuja Cement amongst others.

    Nifty futures opened at 24465 points against the previous close of 24373 and opened at a low of 23975 points. Nifty Future closed with an average movement of 536 points and a decline of around 233 points and 24139 points…!!

    On the NSE, the midcap 100 index will decline 2.55% and smallcap 100 index is closing decline 2.45%. Speaking of various sectoral indices, the NSE saw gains in only IT stocks, while all other sectoral indices closed lower.

    At the start of intra-day trading, June gold opened at Rs.95999, fell from a high of Rs.96239 points to a low of Rs.94580 with a decline of 1285 points, a trend of around Rs.94627 and May Silver opened at Rs.97495, fell from a high of Rs.97631 points to a low of Rs.96800 with a decline of 637 points, a trend of around Rs.96874.

    Meanwhile, The FIIs as per Friday’s data were net buyers in equity and debt segments both, according to data released by the NSDL. In equity segment, the gross buying was of Rs 21177.26 crore against gross selling of Rs 15751.68 crore. Thus, FIIs stood as net buyers of Rs 5425.58 crore in equities.

    In the debt segment, the gross purchase was of Rs 1520.00 crore with gross sales of Rs 1416.40 crore. Thus, FIIs stood as net buyers of Rs 103.60 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 124.45 crore, they stood at net sellers in Debt-VRR segment at Rs 669.25 crore, while net buyers in Debt-FAR segment at Rs 897.3 crore.

    In the hybrid segment, the gross buying was of Rs 11.95 crore against gross selling of Rs 23.80 crore. Thus, FIIs stood as net sellers of Rs 11.85 crore in hybrid segment.

    Technically, the important key resistances are placed in Nifty future are at 24272 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 24303 – 24373 levels. Immediate support is placed at 24008 – 23808 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in