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 110823

11-Aug-23

The benchmark indices ended on negative note.The Sensex falls 307.63 points to end the day at 65,688.18 and the Nifty was at 19,543.10, down by 89.45 points.Nifty Bank slips 338.90 points to 44,541.80.. Market is expected to open on a negative note and likely to witness profit booking during the day.

Daily Report 100823

10-Aug-23

The benchmark indices ended on a positive note. The Sensex was up 146.52 points to end the day at 65,993.02 and the Nifty was up 61.25 points at 19,632.10. Market is expected to open on a negative note and likely to witness profit booking during the day.

Daily Report 090823

09-Aug-23

The benchmark equity indices fell on August 8 as investors turned cautious ahead of the key events — the RBI’s monetary policy and US inflation data — due to be announced later this week.Continuous foreign fund outflows and a weak trend in the Asian and European markets also played spoilsport for the domestic markets.Sensex fell 106.98 points to settle at 65,846.50..Market is expected to open on a flattish note and likely to witness sideways move during the day.

Daily Report 080823

08-Aug-23

The benchmark indices ended on a positive note. The Sensex was up 232.23 points to end the day at 65,953.48 and the Nifty was up 80.30 points at 19,597.30. Market is expected to open on a flattish note and likely to witness sideways move during the day.

Daily Report 070823

07-Aug-23

The benchmark indices ended on a positive note.The Sensex was up 480.57 points to end the day at 65,721.25 and the Nifty was up 135.35 points at 19,517.Nifty bank up by 366.05 points to 44,879.50. Market is expected to open on a positive note and likely to witness sideways move during the day.

Daily Report 040823

04-Aug-23

Benchmark Sensex tanked 542 points to settle at a four-week low while Nifty closed below the 19,400 mark, extending their losses for a third straight day on Thursday in tandem with a bearish trend in global markets following the U.S. rating downgrade.Market is expected to open on a flattish note and likely to witness sideways move during the day.

Daily Report 030823

03-Aug-23

Indian stock market crashed on Wednesday amid weak global market trends and continuous foreign fund outflows. Sensex and Nifty shed around a per cent each. Metal stocks come under pressure, with almost all sectors trading lower on Wednesday. Market is expected to open gap down and likely to witness selling pressure during the day.

Daily Report 020823

02-Aug-23

Indian shares rose marginally on Tuesday, on broad-based gains, after a positive start to the week as investors digested key earnings.Domestic-linked small caps and mid-caps climbed 0.7% and 0.4%, respectively, outperforming the blue chip indexes and hitting fresh 52-week and all-time highs. Market is expected to open on a negative note and likely to witness during the day.

Daily Report 010823

01-Aug-23

Indian benchmark equity indices, Sensex and Nifty, rebounded by over half a per cent on Monday, led by buying in major stocks like Reliance Industries and Tata Consultancy Services, as well as strong global trends. Sensex closed at 66,527.67 with a gain of 0.56%, while Nifty ended at 19,753.80, up by 0.55%.Market is expected to open on a flattish note and likely to witness positive move during the day

Daily Report 310723

31-Jul-23

Indian shares extended losses for the second straight session on Friday, snapping a four-week winning streak, dragged by financials and IT stocks.Market is expected to open on a flattish note and likely to witness sideways move during the day

Daily Report 280723

28-Jul-23

Equity benchmark indices Sensex and Nifty continued their upward movement in early trade on Thursday, aided by sustained buying by foreign institutional investors and value-buying in bellwether stocks. The 30-share BSE Sensex climbed 188.56 points or 0.28 %to 66,895.76. The broader NSE Nifty advanced 69.35 points or 0.35 % to 19,847.65.. Market is expected to open gap down and likely to witness profit booking during the day.

Daily Report 270723

27-Jul-23

Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday helped by fresh foreign fund inflows and rally in the US markets.The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85. Market is expected to open gap up and likely to witness positive move during the day.

Daily Report 260723

26-Jul-23

Indian markets are expected to start flat with global cues and earnings reports driving market sentiments. Wall Street ended higher ahead of a busy earnings week and Fed rate hike decision. Market is expected to open on a flattish note and likely to witness sideways move during the day.

Daily Report 250723

25-Jul-23

The domestic market has seen significant profit booking in the last two consecutive sessions, dragging the benchmarks lower from their record-high levels. In the last two days, the equity barometer Sensex has come down by almost 2 % while the Nifty has come off by 1.5 %. Market is expected to open on a flattish note and likely to witness sideways move during the day.

Daily Report 240723

24-Jul-23

Indian indices slumped on Friday following selloff in heavyweights like INFY, HUL, post their disappointing earnings. Weaknesses in other heavyweights like RIL also took indices lower. Sensex lost 884 points, Nifty fell 234 points at close. Market is expected to open gap down and likely to witness profit booking during the day.

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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.