The Indian equity market experienced a tug of war between the bulls and the bears this week, with the benchmark indices largely swaying sideways even as investors continued to remain guarded. This cautiousness isn’t distinctly visible, especially in the Nifty50 index, which has turned so polarised that only a handful of stocks are participating in … Read more
By Lu Wang The relentless rally in US equities has driven bears almost into extinction. But to say bullishness is ubiquitous would be a stretch. From options trading to stock preferences to the direction of retail money flows, signs of trepidation are budding in a market where $27 trillion has been added to equity values … Read more
LONDON: A drubbing in world equity markets and a huge flight to safety into US Treasuries this week suggests investors now doubt that a much-anticipated return to post-COVID normality is feasible any time soon. Data from the United States and China, which account for more than half of world growth, suggests a slowdown in the … Read more
In a strong short covering-led pullback, the Indian equity markets had a very resilient day, and it grossly outperformed the weak global trade setup. The Nifty saw a gap down opening following weak global cues. Even though the market opened lower, the levels formed the intraday low for the markets. After opening levels led to … Read more
While trading in a narrower range, Nifty continued its bounce and ended on a positive note for the fourth consecutive week. The index went on to mark its incremental fresh lifetime high, as it continued to trend higher on reduced and decelerating momentum. The trading range remained narrow of 268 points against 359 points in … Read more
The domestic equity indices continued their journey to new highs during the week gone by, albeit with lower volumes in the derivative segment. Compared with last year’s June, open interest is more or less same, but volumes in the derivative segment are down almost 30-40%. This indicates that intraday volumes have dried up, either due … Read more
The weekly options expiry dominated the session on Thursday as the index stayed much within a defined range on expected lines. Apart from that, the Indian markets ended on a disappointing note as it failed its attempt to break out from the falling channel as it slipped inside it again. The Nifty opened on a … Read more
Markets continued to witness pressure this past week after a fairly bullish run during the week before. The rangebound movement continued yet again, amid indecisiveness among the institutional players and inflation worries coming in from the developed countries. US markets continued to witness profit taking mainly because of inflation spooking investors, and Indian indices bore … Read more
Nifty’s trading range remained wider than usual during the week gone by, but it took a serious cut on Friday’s session. Despite that, the index managed to close the week on a positive note. In the previous weekly note, we had mentioned that Nifty was trading inside the Falling Channel that it had created, and … Read more
The domestic equity market experienced high volatility during the week gone by, with India VIX rising 16.22% on Monday, even as the US equity indices continued to hit fresh highs despite concerns of a hike in corporate tax rate by the Biden administration. Dow continued to inch higher, while the Indian bourses showed signs of … Read more