The Equity Research Desk provides fundamental analysis of capital market-related entities to aid wise investment decisions. The analysis also includes IPO news and updates. An Initial Public Offering allows investors to explore the opportunities in various sectors. Nirmal Bang’s IPO watch helps market participants to stay abreast of all the latest developments in this segment.

Daily Report 260424

26-Apr-24

India's benchmark stock indices gained for the fifth straight day on Thursday, with the Nifty 50 closing above 22,500, led by nearly 4% gains in PSU banks. Markets are expected to open on a flattish note and likely to remain sideways move during the day.

Daily Report 250424

25-Apr-24

Indian shares declined for a second day in a row on Wednesday with benchmark Sensex dropping by 535 points owing to selling in HDFC Bank and IT shares amid weak global trends. Markets are expected to open on a flattish note and likely to remain sideways move during the day.

Daily Report 240424

24-Apr-24

Indian equity markets stayed range-bound on Tuesday, giving up most of their gains in the fag-end. The S&P BSE Sensex settled the day up 89 points, while the Nifty50 closed up 32 points. Market is expected to open gap up and likely to witness positive move during the day.

Daily Report 230424

23-Apr-24

India's benchmark stock indices ended higher for the second day on Monday, led by gains in shares of ICICI Bank, Larsen & Toubro, and Infosys, as a relief rally enveloped domestic and global markets alike. Market is expected to open on a positive note and likely to witness range bound move during the day.

Daily Report 220424

22-Apr-24

The Indian indices broke their four-day losing streak and ended higher as banks and metals displayed strong performances. Nifty ended 0.69% higher at 22,147.00 and the Sensex was up 0.83% at 73,088.33. Market is expected to open gap up and likely to witness positive move during the day.

Daily Report 190424

19-Apr-24

India's benchmark stock indices erased intraday gains to extend their losing streak to the fourth session on Thursday as banks dragged. Market is expected to open gap down and likely to witness selling pressure during the day.

Daily Report 180424

18-Apr-24

India's benchmark stock indices extended losses for the third consecutive session on Tuesday as geopolitical concerns weighed on investor sentiment. The indices were dragged by banks and information technology stocks. Market is expected to open on flattish note and likely to witness sideways move during the day.

Daily Report 160424

16-Apr-24

On Monday, the Indian stock market indices ended over a percent lower each for the second consecutive session dragged by selling across sectors amid rising tensions in the Middle East on the Iran-Israel conflict. Market is expected to open gap down and likely to witness selling pressure during the day.

Daily Report 150424

15-Apr-24

Markets erased earlier losses to close little changed on Friday, led by gains in rate-sensitive realty and banking stocks after the RBI kept the rate unchanged at policy. This helped the indices clock their third weekly gain. Market is expected to open gap down and likely to witness profit booking during the day.

Daily Report 120424

12-Apr-24

India's benchmark equity indices ended at an all-time closing high on Wednesday, after extending gains in the last hour of trade. Market is expected to open gap down and likely to witness profit booking during the day.

Daily Report 100424

10-Apr-24

Indian headline indices ended in the red on Tuesday after hitting fresh lifetime highs, dragged by selling pressure in auto and FMCG stocks. The S&P BSE Sensex hit a fresh lifetime high of 75,124.28 in early trade before ending the session at 74,684, down 59 points 0.08%. The broader Nifty scaled a new peak of 22,765.30 but settled at 22,643, lower by 24 points or 0.1%. Market is expected to open gap up and likely to witness positive move during the day.

Daily Report 090424

09-Apr-24

Benchmark indices hit new record highs on Monday, lifted by Maruti Suzuki, M&M, Reliance Industries, Axis Bank, L&T, Bharti Airtel, TCS, and ITC. Market is expected to open gap up and likely to witness positive move during the day.

Daily Report 080424

08-Apr-24

Benchmark indices were listless on Friday after the RBI kept repo rate unchanged at 6.5% for a seventh straight policy. It also maintained the GDP and CPI inflation forecast for FY25. Markets are expected to open on a flattish note and likely to witness sideways move during the day.

Daily Report 050424

05-Apr-24

On Thursday, the domestic equity indices snapped a two-day losing run and ended higher ahead of the RBI monetary policy decision. The Sensex gained 350.81 points to close at 74,227.63, while the Nifty 50 settled 80.00 points, or 0.36%, higher at 22,514.65. Market is expected to open gap down and likely to witness profit booking during the day.

Daily Report 040424

04-Apr-24

The Indian market ended on a flat note in the highly volatile session on April 3. At close, the Sensex was down 27.09 points, or 0.04%, at 73,876.82, and the Nifty was down 18.6 points, or 0.08%, at 22,434.70. Amid weak global cues, the market opened on a negative note but erased all the losses in the initial hours and inched closer to record highs supported by IT, metal, oil & gas, power names. However, selling at final hour erased the intraday gains. Market is expected to open gap up and likely to witness positive move during the day.

© NIRMAL BANG. All rights reserved

Designed , Developed & Content Powered by Accord Fintech Pvt. Ltd.

Open an Account
FOR AFREE *DEMAT & BROKING ACCOUNT

Please fill in the details below

Close X

(Note - You will receive a call from our sales executive)

CLOSE X

RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.