Tag: FPI

Daily Market Highlights JUN 21

Previous Day Market Sensex closed at 52,344.45 up by 21.12 points Nifty closed at 15,683.35 down by 8.05 points In an asset attachment threat to the Indian government-owned companies issued by Cairn Energy PLC, Air India has time till mid-July to challenge the lawsuit. Based on an arbitral award, Cairn is seeking to recover $1.26

Daily Market Highlights JUN 07

Previous Day Market Sensex closed at 52,100.05 down by 132.38 pointsNifty closed at 15,670.25 down by 20.10 points There is good news on the paddy procurement front in Kharif output for 2020-21. For the previous Kharif season 2020-21, the paddy procurement stood at a record high of 805.21 LMT, sharply better than the 773.45 LMT

Weekly Trigger (May 17 – May 27)

Trigger for the Week How will it impact? ·        Nifty continues to face resistance at around the 15,000 levels ·        Despite VIX staying close to the 20 levels, the Nifty level of 15,000 will remain the big resistance for Nifty ·        COVID cases let up, but rural spread a worry for markets ·        Rural spread

Weekly Capsule (Apr19 – Apr23)

News Announcement Impact Analysis ·        HCL Tech net profits fell by 65% yoy to Rs1,011 crore in the Mar-21 quarter ·        At an operating level, there was a sharp spike in employee benefit cost due to the special bonus paid ·        In addition, the tax costs were also higher due to the additional provisions made

Daily Market Update – APR 22

Previous Market Close Update Sensex closed at 47,705.80 down by 243.62 points Nifty closed at 14,296.40 down by 63.05 points The state government of Maharashtra tightened COVID-19 curbs further with private transport permitted only for emergency or essential services effective from 8 pm on April 22 till May 1. All government offices will only operate at 15%

Daily Market Update APR 19

Previous Market Closed  Sensex closed at 48,832.03 up by 28.35 points Nifty closed at 14,617.85 up by 36.40 points FPIs pulled Rs.4,615 crore from Indian equities in Apr-21 month-to-date. The negative sentiments among FPIs was triggered by the COVID resurgence and the stringent restrictions imposed by major states. FPIs actually pulled out Rs.4,643 crore from

Weekly Trigger (Apr 12 – Apr 16)

Trigger for the Week How will it impact? ·        The week starts with overhang of lockdown in Maharashtra ·        The state is likely to go into a lockdown for a longer period, impacting economic activity in a bigger way ·        Mid-caps and small caps did better than the Nifty in previous week ·        Nifty returned