Weekly Commentary 24-July-2020

Equity Market Commentary for the week Indian markets settled higher at the end of another range bound week. The Nifty ended with a weekly gain of 2.7%, whereas Bank Nifty has ended 3.2% higher. Markets continued to trend higher during the week with Nifty50 closing...

Weekly-Commentary-10-July-2020

Equity Market Commentary for the week Indian equity markets made small gains during the week. Steep rise in covid-19 cases both in India and globally continued to weigh on investor sentiment. Market sentiments boosted after PM said at the India global Week Summit...

Weekly-Commentary-3-July-2020

A Mixed Bag Comparison of indices – closing of 3rd July vs closing 26th June 2020 Last week: NIFTY50 +2.2%, Midcap +0.5%, Smallcap +0.0% Sectoral/Thematic: Auto 3.6%, FMCG 2.6%, Realty -3.8%, Pharma -1.7%,  Nifty Hits New 3-Month High on Recovery Hopes IT, energy and...

Weekly-Commentary-26-June-2020

Strength to Strength Comparison of indices – closing 26th June 2020 vs 19th June 2020 Last week: NIFTY50 +1.2%, Midcap +2.9%, Smallcap +2.8% Sectoral/Thematic: FMCG 3.6%, PSE 3.4%, IT 3.3%, Realty -0.7% Auto profitability to remain weak in FY21: Fitch Ratings Sales in...

Weekly-Commentary-19-June-2020

Green Shoots Comparison of indices – closing 19th June 2020 vs 12th June 2020 Last week: NIFTY50 2.7%, Midcap 1.6%, Smallcap 4.2% Sectoral: REALTY 4.1%, BANK 3.3%, FMCG -1.5% Textile cos likely to have significant fall in revenue in H1FY21: Ind-Ra Ind-Ra report states...

Weekly-Commentary-12-June-2020

Slipped Again Comparison of indices – closing 12th June 2020 vs 5th June 2020 Last week: NIFTY50 -1.7%, Midcap +1.3%, Smallcap -0.7%, Sectoral: REALTY +1.3%, METAL -4.1%, BANK -1.8% S&P affirms India’s rating at ‘BBB-’, outlook stable Amidst fear of a rating...
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