Market Pulse - The Weekly Equity Report - 10th February 2025
Disclaimer - https://bit.ly/3WWzJ8d
Disclaimer - https://bit.ly/3WWzJ8d
mastertrust
@mastertrustresearch
Subscribe for stock market data points and analysis!!
Open a free trading and demat account
https://www.mastertrust.co.in/open-trading-account/1
MasterTrust Research (English)
Are you looking to invest in the stock market but don't know where to start? Look no further than MasterTrust Research! Our Telegram channel, @mastertrustresearch, provides subscribers with valuable stock market data points and analysis to help you make informed investment decisions. Whether you are a seasoned investor or just starting out, our channel offers insights and information that can benefit your trading strategy.
In addition to the insightful content we provide, we also offer the opportunity to open a free trading and demat account through our website. This allows our subscribers to seamlessly execute their investment strategies with ease.
Don't miss out on this valuable resource for stock market enthusiasts. Subscribe to MasterTrust Research today and take your trading game to the next level! Visit https://www.mastertrust.co.in/open-trading-account/1 to open your free account now.
mastertrust
08 Feb, 07:00
Weekly Commodity Dossier - 10th February 2025
Disclaimer - https://bit.ly/3WWzJ8d
Disclaimer - https://bit.ly/3WWzJ8d
mastertrust
07 Feb, 17:35
COMMODITY: EXIT AT 294, SELL NATURAL GAS MINI FEB FUT @ 294 SL 299 TGT 285 Disclaimer: https://bit.ly/49hBt1e
mastertrust
07 Feb, 14:30
COMMODITY: STOPLOSS HIT AT 84250, SELL GOLD MINI MAR FUT @ 84050 SL 84250 TGT 83400 Disclaimer: https://bit.ly/49hBt1e
mastertrust
07 Feb, 14:20
COMMODITY: SELL NATURAL GAS MINI FEB FUT @ 294 SL 299 TGT 285 Disclaimer: https://bit.ly/49hBt1e
mastertrust
07 Feb, 13:32
U.S. ECONOMIC DATA
Non-Farm Employment Change
Actual 143K
Forecast 169K
Previous 307K
U.S. ECONOMIC DATA
Unemployment Rate
Actual 4.0%
Forecast 4.1%
Previous 4.1%
Non-Farm Employment Change
Actual 143K
Forecast 169K
Previous 307K
U.S. ECONOMIC DATA
Unemployment Rate
Actual 4.0%
Forecast 4.1%
Previous 4.1%
mastertrust
07 Feb, 13:12
COMMODITY: SELL GOLD MINI MAR FUT @ 84050 SL 84250 TGT 83400 Disclaimer: https://bit.ly/49hBt1e
mastertrust
07 Feb, 12:47
The key equity indices ended in red for the third consecutive day on Friday following the Reserve Bank of India's (RBI) announcement of a 25 basis points (bps) cut in the repo rate, bringing it down to 6.25 %.This marked the first rate reduction in over five years, signalling an effort to boost economic growth amid global uncertainties. Metal and auto sector stocks gained, but they were offset by the decline in FMCG, public banking and energy sector.The S&P BSE Mid-Cap index rose 0.13% and the S&P BSE Small-Cap index fell 0.68%. Now, on the downside 23,400 holds the significant support level for Nifty (spot) and on the upside 23,700 holds the resistance level.
mastertrust
07 Feb, 11:43
Commodity Trading Guide 07th-FEB-2025
Disclaimer: https://bit.ly/3AEJJvD
Disclaimer: https://bit.ly/3AEJJvD
mastertrust
07 Feb, 10:30
Latest after the Bell 🔔 4.00 PM – Friday, 7th February 2025
➡️ Indian benchmark indices experienced a volatile movement following the RBI’s decision to cut the key repo rate by 25 basis points. This marks the first rate cut since May 2020, aimed at supporting the decelerating economy, which is expected to grow at its slowest pace in four years. The rate cut is designed to enhance liquidity and stimulate consumption amidst weakening demand. On the sectoral front, realty, metal, and auto stocks recorded gains, while FMCG, media, and PSU bank stocks faced a correction.
NIFTY (-43.40, 23559.95)
SENSEX (-197.97, 78860.19)
BANKNIFTY (-223.25, 50158.85)
Key Takeaways
✅ RBI’s Monetary Policy Committee, under new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25% to support the slowing economy. The decision to lower rates marks the first cut in nearly five years, following the FY26 Budget presentation by Finance Minister Nirmala Sitharaman. The MPC unanimously maintained its “neutral” stance. The RBI has projected GDP growth for FY27 at 6.7%, while inflation projections for the current fiscal year remain unchanged at 4.8%. This move aims to stimulate growth while maintaining price stability.
✅ Shares of Bharti Airtel gained more than 3 percent buoyed by the company's stellar performance in the December quarter. The telecom operator's net profit skyrocketed 505 per cent, to Rs 14,781 crore in Q3, driven by a one-time exceptional gain due to consolidating a majority stake in Indus Towers. The telecom company enjoyed a one-time gain of Rs 7,546 crore during the reporting quarter which helped it surpass the Street's estimated net profit of Rs 5,039 crore.
✅ Shares of metal companies surged after the first MPC under RBI's new Governor cut the central bank's repo rate by 25 basis points to 6.25 percent. A cut in the repo rate is considered a positive for the growth of infrastructure and real estate. Metal stocks shine on such prospects, being a necessary raw material in such developments.
✅ Cochin Shipyard’s share price fell over 3 percent after the company reported a 27% decline in third-quarter profit for the current fiscal. The profit after tax stood at Rs 177 crore, down from Rs 244 crore in the same period last year. Despite the drop in profits, the company’s board declared a second interim dividend of Rs 3.50 per equity for the financial year 2024-25.
Stocks Hits New 52-Week High
✔️KOTAK BANK (1957.40) (2.16%)
✔️LAURUS LAB (641.00) (0.66%)
Stocks at New 52-Week Low
✔️TIINDIA (2912.95) (-1.90%)
✔️3M India (28349.00) (-1.12%)
✔️ RITES (232.15) ( -0.90%)
✔️ Adv-Dec 27 / 23
✔️ INDIA VIX 13.6850 (-3.46%)
✔️ Nifty PCR (13 FEB) 0.67
✔️ Bank Nifty PCR (27 FEB) 0.85
✔️ Nifty Midcap (0.20%, 53609.15)
✔️ Nifty SmallCap (-0.29%, 17000.85)
✔️ Nifty IT (-0.23%, 42921.65)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
➡️ Indian benchmark indices experienced a volatile movement following the RBI’s decision to cut the key repo rate by 25 basis points. This marks the first rate cut since May 2020, aimed at supporting the decelerating economy, which is expected to grow at its slowest pace in four years. The rate cut is designed to enhance liquidity and stimulate consumption amidst weakening demand. On the sectoral front, realty, metal, and auto stocks recorded gains, while FMCG, media, and PSU bank stocks faced a correction.
NIFTY (-43.40, 23559.95)
SENSEX (-197.97, 78860.19)
BANKNIFTY (-223.25, 50158.85)
Key Takeaways
✅ RBI’s Monetary Policy Committee, under new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25% to support the slowing economy. The decision to lower rates marks the first cut in nearly five years, following the FY26 Budget presentation by Finance Minister Nirmala Sitharaman. The MPC unanimously maintained its “neutral” stance. The RBI has projected GDP growth for FY27 at 6.7%, while inflation projections for the current fiscal year remain unchanged at 4.8%. This move aims to stimulate growth while maintaining price stability.
✅ Shares of Bharti Airtel gained more than 3 percent buoyed by the company's stellar performance in the December quarter. The telecom operator's net profit skyrocketed 505 per cent, to Rs 14,781 crore in Q3, driven by a one-time exceptional gain due to consolidating a majority stake in Indus Towers. The telecom company enjoyed a one-time gain of Rs 7,546 crore during the reporting quarter which helped it surpass the Street's estimated net profit of Rs 5,039 crore.
✅ Shares of metal companies surged after the first MPC under RBI's new Governor cut the central bank's repo rate by 25 basis points to 6.25 percent. A cut in the repo rate is considered a positive for the growth of infrastructure and real estate. Metal stocks shine on such prospects, being a necessary raw material in such developments.
✅ Cochin Shipyard’s share price fell over 3 percent after the company reported a 27% decline in third-quarter profit for the current fiscal. The profit after tax stood at Rs 177 crore, down from Rs 244 crore in the same period last year. Despite the drop in profits, the company’s board declared a second interim dividend of Rs 3.50 per equity for the financial year 2024-25.
Stocks Hits New 52-Week High
✔️KOTAK BANK (1957.40) (2.16%)
✔️LAURUS LAB (641.00) (0.66%)
Stocks at New 52-Week Low
✔️TIINDIA (2912.95) (-1.90%)
✔️3M India (28349.00) (-1.12%)
✔️ RITES (232.15) ( -0.90%)
✔️ Adv-Dec 27 / 23
✔️ INDIA VIX 13.6850 (-3.46%)
✔️ Nifty PCR (13 FEB) 0.67
✔️ Bank Nifty PCR (27 FEB) 0.85
✔️ Nifty Midcap (0.20%, 53609.15)
✔️ Nifty SmallCap (-0.29%, 17000.85)
✔️ Nifty IT (-0.23%, 42921.65)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
mastertrust
07 Feb, 09:46
Short-Term Calls BUY RECLTD @ 441.70 SL 432 TGT 454 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
07 Feb, 09:40
Short-Term Calls BUY ICICIBANK @ 1255.20 SL 1230 TGT 1295 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
07 Feb, 09:36
Short-Term Calls BUY TECHM @ 1689 SL 1649 TGT 1750 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Jan, 15:12
U.S. ECONOMIC DATA
CB Consumer Confidence
Actual 104.1
Forecast 105.7
Previous 109.5
CB Consumer Confidence
Actual 104.1
Forecast 105.7
Previous 109.5
mastertrust
28 Jan, 13:32
U.S. ECONOMIC DATA
Durable Goods Orders m/m
Actual -2.2%
Forecast 0.3%
Previous -1.2%
Durable Goods Orders m/m
Actual -2.2%
Forecast 0.3%
Previous -1.2%
mastertrust
28 Jan, 13:21
The key equity benchmarks ended with gains on Tuesday, following the Reserve Bank of India's announcement of several measures to boost liquidity in the banking system. The Nifty closed above the 22,950 mark. Realty, financial services and PSU bank shares advanced while pharma, healthcare and media stocks corrected. The S&P BSE Mid-Cap index shed 0.61% and the S&P BSE Small-Cap index slipped 1.77%. Now, on the downside 22,800 holds the significant support level for Nifty (spot) and on the upside 23,100 holds the resistance level.
mastertrust
28 Jan, 12:20
📊 Market at a Glance – NIFTY 50 Heatmap 🔥
Today's market action summed up in one glance! 📉📈
🔹 Financial stocks leading the charge with Bajaj Finance, Axis Bank, and Shriram Finance in the green.
🔹 Pharma and FMCG struggling, with Sun Pharma, Britannia, and Hindalco facing the heat.
Volatility remains high—where do you see the next big move? 🤔💡
Today's market action summed up in one glance! 📉📈
🔹 Financial stocks leading the charge with Bajaj Finance, Axis Bank, and Shriram Finance in the green.
🔹 Pharma and FMCG struggling, with Sun Pharma, Britannia, and Hindalco facing the heat.
Volatility remains high—where do you see the next big move? 🤔💡
mastertrust
28 Jan, 12:00
COMMODITY: EXIT AT 90390, SELL SILVER MINI FEB FUT @ 90100 SL 90600 TGT 89300 Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Jan, 11:25
Commodity Trading Guide 28th-JAN-2025
Disclaimer: https://bit.ly/3AEJJvD
Disclaimer: https://bit.ly/3AEJJvD
mastertrust
28 Jan, 10:30
Latest after the Bell 🕓 4.00 PM – Tuesday, 28 January 2025
➡️ Indian equity benchmarks rebounded on Tuesday, driven by gains in banking and finance stocks after the Reserve Bank of India (RBI) unveiled liquidity-boosting measures, amid mixed global cues and concerns over US tech valuations. The RBI’s announcement of ₹60,000 crore in government securities purchases and a $5 billion USD/rupee swap auction injected ₹1.5 trillion into the banking system, fueling expectations of a rate cut in February. While auto, bank, and realty sectors rose, capital goods, power, metal, oil & gas, PSU, healthcare, and IT sectors saw declines of 0.5-1%.
NIFTY (128.10, 22957.25)
SENSEX (535.24, 75901.41)
BANKNIFTY (802.20, 48866.85)
Key Takeaways
✅ Chinese startup DeepSeek has shaken the global tech sector with its AI model, DeepSeek-R1, rivaling the capabilities of Google and OpenAI. Remarkably, the company spent under $6 million on computing power, far less than the multibillion-dollar budgets of U.S. tech giants. This disrupts assumptions about U.S. dominance in AI and challenges high market valuations of companies like Nvidia. DeepSeek’s emergence has caused market shifts, with Nvidia losing nearly $600 billion in market capitalisation after its shares plummeted 17 percent, and U.S. President Trump urging more competition to maintain leadership.
✅ Hyundai Motor India reported an 18% decline in net profit for Q3, totaling ₹1,161 crore. Revenue also dropped by 1.3%, primarily due to lower demand and rising input costs. Despite the challenges, the company maintained strong performance in exports and digital sales. Hyundai aims to regain momentum with new model launches and improved production efficiency in the upcoming quarters to enhance its market position.
✅ TVS Motor’s Q3 PAT rose 4% YoY to ₹618 crore, missing estimates. Revenue increased by 14% YoY to ₹7,918 crore. EBITDA grew by 9% YoY to ₹1,015 crore, with a margin of 12.8%. The company’s two-wheeler sales grew 9% YoY, while the three-wheeler segment saw a 28% increase. Domestic sales improved by 10%, but exports declined by 7%. The company’s electric vehicle segment saw a growth of 15%.
✅ Cipla’s Q3 results showed a 49% YoY jump in consolidated PAT to ₹1,571 crore, surpassing estimates. Revenue rose 12% YoY to ₹5,927 crore, with an EBITDA margin expansion of 430 bps. India revenue growth was 13%, and the global respiratory business grew by 16%. The company also reported a 4% YoY growth in its branded business, continuing strong performance in key segments.
✅ Shares of Anant Raj hits 20% lower circuit, amid a global sell-off in tech stocks driven by concerns over the rise of low-cost Chinese AI models. Anant Raj, primarily a real estate player, has diversified into data center services through its subsidiary, Anant Raj Cloud, which offers secure, reliable, and scalable solutions. The stock decline reflects market worries about the broader impact of AI advancements on various sectors, including real estate and tech services.
Stocks at New 52 Week Low
✔️BHEL (187.62) (-3.56%)
✔️KPIT Technologies (1259.10) (-3.26%)
✔️Mangalore Refinery (123.07) (-3.04%)
✔️Sona BLW Precision (497.20) (-2.95%)
✔️Tube Investments (3131.00) (-2.31%)
✔️ Adv-Dec 25 / 25
✔️ INDIA VIX 18.20 (0.39%)
✔️ Nifty PCR (30 JAN) 0.89
✔️ Bank Nifty PCR (30 JAN) 0.73
✔️ Nifty Midcap (-0.51%, 51529.45)
✔️ Nifty SmallCap (-1.81%, 16008.50)
✔️ Nifty IT (-0.57%, 41820.65)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
➡️ Indian equity benchmarks rebounded on Tuesday, driven by gains in banking and finance stocks after the Reserve Bank of India (RBI) unveiled liquidity-boosting measures, amid mixed global cues and concerns over US tech valuations. The RBI’s announcement of ₹60,000 crore in government securities purchases and a $5 billion USD/rupee swap auction injected ₹1.5 trillion into the banking system, fueling expectations of a rate cut in February. While auto, bank, and realty sectors rose, capital goods, power, metal, oil & gas, PSU, healthcare, and IT sectors saw declines of 0.5-1%.
NIFTY (128.10, 22957.25)
SENSEX (535.24, 75901.41)
BANKNIFTY (802.20, 48866.85)
Key Takeaways
✅ Chinese startup DeepSeek has shaken the global tech sector with its AI model, DeepSeek-R1, rivaling the capabilities of Google and OpenAI. Remarkably, the company spent under $6 million on computing power, far less than the multibillion-dollar budgets of U.S. tech giants. This disrupts assumptions about U.S. dominance in AI and challenges high market valuations of companies like Nvidia. DeepSeek’s emergence has caused market shifts, with Nvidia losing nearly $600 billion in market capitalisation after its shares plummeted 17 percent, and U.S. President Trump urging more competition to maintain leadership.
✅ Hyundai Motor India reported an 18% decline in net profit for Q3, totaling ₹1,161 crore. Revenue also dropped by 1.3%, primarily due to lower demand and rising input costs. Despite the challenges, the company maintained strong performance in exports and digital sales. Hyundai aims to regain momentum with new model launches and improved production efficiency in the upcoming quarters to enhance its market position.
✅ TVS Motor’s Q3 PAT rose 4% YoY to ₹618 crore, missing estimates. Revenue increased by 14% YoY to ₹7,918 crore. EBITDA grew by 9% YoY to ₹1,015 crore, with a margin of 12.8%. The company’s two-wheeler sales grew 9% YoY, while the three-wheeler segment saw a 28% increase. Domestic sales improved by 10%, but exports declined by 7%. The company’s electric vehicle segment saw a growth of 15%.
✅ Cipla’s Q3 results showed a 49% YoY jump in consolidated PAT to ₹1,571 crore, surpassing estimates. Revenue rose 12% YoY to ₹5,927 crore, with an EBITDA margin expansion of 430 bps. India revenue growth was 13%, and the global respiratory business grew by 16%. The company also reported a 4% YoY growth in its branded business, continuing strong performance in key segments.
✅ Shares of Anant Raj hits 20% lower circuit, amid a global sell-off in tech stocks driven by concerns over the rise of low-cost Chinese AI models. Anant Raj, primarily a real estate player, has diversified into data center services through its subsidiary, Anant Raj Cloud, which offers secure, reliable, and scalable solutions. The stock decline reflects market worries about the broader impact of AI advancements on various sectors, including real estate and tech services.
Stocks at New 52 Week Low
✔️BHEL (187.62) (-3.56%)
✔️KPIT Technologies (1259.10) (-3.26%)
✔️Mangalore Refinery (123.07) (-3.04%)
✔️Sona BLW Precision (497.20) (-2.95%)
✔️Tube Investments (3131.00) (-2.31%)
✔️ Adv-Dec 25 / 25
✔️ INDIA VIX 18.20 (0.39%)
✔️ Nifty PCR (30 JAN) 0.89
✔️ Bank Nifty PCR (30 JAN) 0.73
✔️ Nifty Midcap (-0.51%, 51529.45)
✔️ Nifty SmallCap (-1.81%, 16008.50)
✔️ Nifty IT (-0.57%, 41820.65)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
mastertrust
28 Jan, 09:55
Short-Term Calls BUY TVSMOTOR @ 2341 SL 2299 TGT 2395 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
09 Jan, 13:03
COMMODITY: BUY CRUDE OIL MINI JAN FUT @ 6320 SL 6260 TGT 6450 Disclaimer: https://bit.ly/49hBt1e
mastertrust
09 Jan, 12:04
COMMODITY: BUY GOLD MINI FEB FUT @ 78050 SL 77800 TGT 78600 Disclaimer: https://bit.ly/49hBt1e
mastertrust
09 Jan, 11:04
Commodity Trading Guide 09th-JAN-2025
Disclaimer: https://bit.ly/3AEJJvD
Disclaimer: https://bit.ly/3AEJJvD
mastertrust
09 Jan, 10:31
Latest after the Bell 🔔 4.00 PM – Thursday, 09 January 2025
➡️ Indian benchmark indices Nifty and Bank Nifty traded negative as the earnings season kicked off with results from IT major TCS and Tata Elxsi. Investor sentiment was cautious amid concerns over potential moderation in corporate earnings and fewer anticipated U.S. rate cuts. Sectorally, FMCG was the only index to end in the green, while all others traded in the red, reflecting widespread market pessimism.
NIFTY (-162.45, 23526.50)
SENSEX (-528.28, 77620.21)
BANKNIFTY (-331.55, 49503.50)
Key Takeaways
✅ In December 2024, the mutual fund industry experienced a net outflow of Rs 80,509 crore, with Rs 1.27 lakh crore withdrawn from debt funds. Equity mutual fund inflows increased by 15% month-on-month to Rs 41,155 crore, driven by sectoral, thematic, mid-cap, and flexi-cap funds.
✅Greaves Cotton Limited, a 165-year-old Indian engineering company, announced today its participation in the upcoming Auto Expo – The Motor Show 2025 in Delhi. The company plans to unveil new electric two- and three-wheeler vehicles alongside fuel-agnostic solutions, highlighting its expansion in the sustainable mobility sector.
✅ Delta Autocorp's SME IPO, aiming to raise ₹55 crore, was oversubscribed 113.59 times by January 9, 2025. Retail investors led with a 167.51 times subscription, while non-institutional investors subscribed 110.78 times, and qualified institutional buyers 21.27 times. Shares had a grey market premium of ₹116, indicating an 89% premium over the ₹130 upper price band.
✅ Tata Motors reported a slight increase of 1 per cent in group global wholesales, totaling 3,41,791 units in Q3 FY25. Passenger vehicle wholesales, including electric vehicles, rose by 1 per cent to 1,39,829 units. Jaguar Land Rover's global wholesales increased by 3 per cent to 1,04,427 units, while commercial vehicle wholesales declined by 1 per cent to 97,535 units.
✅ Shares of SRF and Navin Fluorine surged up to 15%, following reports of a significant hike in refrigerant gas prices in the U.S. Supply constraints for gases like R32 and R125 have led to price increases of up to 200%, potentially boosting SRF's and Navin Fluorine's earnings.
✅On January 9, 2025, the Indian rupee reached a new low of 85.93 against the US dollar due to strong dollar demand and rising US Treasury yields. The Reserve Bank of India intervened, selling dollars through state-run banks, which helped the rupee recover to 85.89.
Stocks at New 52 Week High
✔️SRF (2664.35) (13.33%)
✔️Navin Fluorine (3822.55) (9.43%)
✔️PTC Industries (17305.00) (0.89%)
✔️Vijaya Diagnostic (1218.80) (0.80%)
✔️ Adv-Dec 16 / 34
✔️ INDIA VIX 14.45 (-1.30%)
✔️ Nifty PCR (09 JAN) 0.65
✔️ Bank Nifty PCR (30 JAN) 0.64
✔️ Nifty Midcap (-0.93%, 55745.90)
✔️ Nifty SmallCap (-1.35%, 18118.35)
✔️ Nifty IT (-1.16%, 43126.45)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
➡️ Indian benchmark indices Nifty and Bank Nifty traded negative as the earnings season kicked off with results from IT major TCS and Tata Elxsi. Investor sentiment was cautious amid concerns over potential moderation in corporate earnings and fewer anticipated U.S. rate cuts. Sectorally, FMCG was the only index to end in the green, while all others traded in the red, reflecting widespread market pessimism.
NIFTY (-162.45, 23526.50)
SENSEX (-528.28, 77620.21)
BANKNIFTY (-331.55, 49503.50)
Key Takeaways
✅ In December 2024, the mutual fund industry experienced a net outflow of Rs 80,509 crore, with Rs 1.27 lakh crore withdrawn from debt funds. Equity mutual fund inflows increased by 15% month-on-month to Rs 41,155 crore, driven by sectoral, thematic, mid-cap, and flexi-cap funds.
✅Greaves Cotton Limited, a 165-year-old Indian engineering company, announced today its participation in the upcoming Auto Expo – The Motor Show 2025 in Delhi. The company plans to unveil new electric two- and three-wheeler vehicles alongside fuel-agnostic solutions, highlighting its expansion in the sustainable mobility sector.
✅ Delta Autocorp's SME IPO, aiming to raise ₹55 crore, was oversubscribed 113.59 times by January 9, 2025. Retail investors led with a 167.51 times subscription, while non-institutional investors subscribed 110.78 times, and qualified institutional buyers 21.27 times. Shares had a grey market premium of ₹116, indicating an 89% premium over the ₹130 upper price band.
✅ Tata Motors reported a slight increase of 1 per cent in group global wholesales, totaling 3,41,791 units in Q3 FY25. Passenger vehicle wholesales, including electric vehicles, rose by 1 per cent to 1,39,829 units. Jaguar Land Rover's global wholesales increased by 3 per cent to 1,04,427 units, while commercial vehicle wholesales declined by 1 per cent to 97,535 units.
✅ Shares of SRF and Navin Fluorine surged up to 15%, following reports of a significant hike in refrigerant gas prices in the U.S. Supply constraints for gases like R32 and R125 have led to price increases of up to 200%, potentially boosting SRF's and Navin Fluorine's earnings.
✅On January 9, 2025, the Indian rupee reached a new low of 85.93 against the US dollar due to strong dollar demand and rising US Treasury yields. The Reserve Bank of India intervened, selling dollars through state-run banks, which helped the rupee recover to 85.89.
Stocks at New 52 Week High
✔️SRF (2664.35) (13.33%)
✔️Navin Fluorine (3822.55) (9.43%)
✔️PTC Industries (17305.00) (0.89%)
✔️Vijaya Diagnostic (1218.80) (0.80%)
✔️ Adv-Dec 16 / 34
✔️ INDIA VIX 14.45 (-1.30%)
✔️ Nifty PCR (09 JAN) 0.65
✔️ Bank Nifty PCR (30 JAN) 0.64
✔️ Nifty Midcap (-0.93%, 55745.90)
✔️ Nifty SmallCap (-1.35%, 18118.35)
✔️ Nifty IT (-1.16%, 43126.45)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
mastertrust
09 Jan, 09:49
Short-Term Calls BUY ABFRL @ 275.5 SL 270 TGT 282 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
09 Jan, 09:39
TATACHEM SL HIT AT 1004: Short-Term Calls BUY TATACHEM @ 1024.25 SL 1004 TGT 1067 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
09 Jan, 09:14
PIRAMAL PHARMA LIMITED stop loss price 243.90 reached; Short-Term Calls BUY PPLPHARMA @ 250.40 SL 243.90 TGT 258,260 Validity - 15 days. Disclaimer: https://bit.ly/49hBt1e
mastertrust
09 Jan, 09:09
Short-Term Calls FO BUY NSEPUT ABB 30JAN2025 6400 @ 120 SL 86 TGT 182 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
09 Jan, 09:07
Master your portfolio with ease! 🎯
Experience seamless investing like never before! This hassle-free app empowers you to master your portfolio with ease, providing real-time insights and swift trading options. Whether you're tracking investments or making strategic moves, everything is just a tap away. Take control of your financial journey effortlessly!
Download Link Below: 👇🏻
iOS Link - https://apps.apple.com/in/app/agnik/id6677025754
Android Link - https://play.google.com/store/apps/details?id=com.mastertrust.agnik
#BanoSmartKaroStart
Experience seamless investing like never before! This hassle-free app empowers you to master your portfolio with ease, providing real-time insights and swift trading options. Whether you're tracking investments or making strategic moves, everything is just a tap away. Take control of your financial journey effortlessly!
Download Link Below: 👇🏻
iOS Link - https://apps.apple.com/in/app/agnik/id6677025754
Android Link - https://play.google.com/store/apps/details?id=com.mastertrust.agnik
#BanoSmartKaroStart
mastertrust
09 Jan, 09:05
TATAELXSI SL HIT AT 6445; Short-Term Calls BUY TATAELXSI @ 6590-6600 SL 6445 TGT 6800 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
09 Jan, 08:42
Short-Term Calls BUY HDFCBANK @ 1661.5 SL 1628 TGT 1698,1710 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
09 Jan, 08:23
✨ Unlock the Future: Pre-Budget 2025-26 Insights ✨
Join us for an exclusive webinar:
📌 Topic: What Lies Ahead for the Indian Economy?
📅 Date: 15th January 2025
⏰ Time: 4 PM
✨ Speakers:
Harsha Upadhyaya, CIO - Equity & Debt, Kotak Mutual Fund
Seats are limited—secure your spot today!
🔗 Register Now!
https://us06web.zoom.us/webinar/register/WN_JPRT1hLRROyb1sYTqzuq9Q#/
Join us for an exclusive webinar:
📌 Topic: What Lies Ahead for the Indian Economy?
📅 Date: 15th January 2025
⏰ Time: 4 PM
✨ Speakers:
Harsha Upadhyaya, CIO - Equity & Debt, Kotak Mutual Fund
Seats are limited—secure your spot today!
🔗 Register Now!
https://us06web.zoom.us/webinar/register/WN_JPRT1hLRROyb1sYTqzuq9Q#/
mastertrust
09 Jan, 07:37
⭐️ CRUDE OIL UPDATE⭐️
➡️Brent – Trading at $76.07 per barrel against the previous close of $76.16.
➡️WTI – Trading at $73.23 per barrel against the previous close of $73.32.
Oil prices fell more than 1% on Wednesday as a stronger dollar and smaller-than-expected decline in U.S. fuel inventories last week pressured prices, reversing earlier gains driven by tightening supplies from Russia and other OPEC members.
Key Triggers
👉U.S. crude oil inventories decreased by 1.0 million barrels to 414.6 million barrels, 6% below the five-year average. Motor gasoline inventories rose by 6.3 million barrels but remained 1% below the five-year average. Distillate fuel inventories increased by 6.1 million barrels, while propane/propylene inventories decreased by 2.5 million barrels but stayed 9% above the five-year average. Total commercial petroleum inventories rose by 5.0 million barrels.
👉U.S. Crude oil imports averaged 6.4 million barrels per day, down by 0.497 million barrels per day from the previous week. Over four weeks, imports averaged 6.6 million barrels per day, 1.4% higher than last year. Motor gasoline imports averaged 0.455 million barrels per day, and distillate fuel imports averaged 0.2 million barrels per day.
👉U.S. total products supplied over the last four weeks averaged 20.2 million barrels per day, up by 0.1% from last year. Motor gasoline product supplied rose by 1.2% to 8.6 million barrels per day. Distillate fuel product supplied grew by 9.1%, and jet fuel product supplied increased by 8.8% compared to the same period last year.
👉U.S. crude oil refinery inputs averaged 16.9 million barrels per day, up by 44 thousand barrels per day from the previous week, with refineries operating at 93.3% capacity. Gasoline and distillate fuel production both decreased to 8.9 million and 5.2 million barrels per day, respectively.
👉Oil prices dropped on Thursday, continuing the losses from the previous day, as a smaller-than-expected decline in U.S. fuel inventories weighed on the market. However, concerns about tighter supplies from OPEC members and Russia limited further declines.
Looking forward to: -
➡️ U.S. Natural Gas Storage
Outlook: Sideways Lower
Recommendation: Sell Crude Oil @ 6350 SL 6420 TGTs 6232
➡️Brent – Trading at $76.07 per barrel against the previous close of $76.16.
➡️WTI – Trading at $73.23 per barrel against the previous close of $73.32.
Oil prices fell more than 1% on Wednesday as a stronger dollar and smaller-than-expected decline in U.S. fuel inventories last week pressured prices, reversing earlier gains driven by tightening supplies from Russia and other OPEC members.
Key Triggers
👉U.S. crude oil inventories decreased by 1.0 million barrels to 414.6 million barrels, 6% below the five-year average. Motor gasoline inventories rose by 6.3 million barrels but remained 1% below the five-year average. Distillate fuel inventories increased by 6.1 million barrels, while propane/propylene inventories decreased by 2.5 million barrels but stayed 9% above the five-year average. Total commercial petroleum inventories rose by 5.0 million barrels.
👉U.S. Crude oil imports averaged 6.4 million barrels per day, down by 0.497 million barrels per day from the previous week. Over four weeks, imports averaged 6.6 million barrels per day, 1.4% higher than last year. Motor gasoline imports averaged 0.455 million barrels per day, and distillate fuel imports averaged 0.2 million barrels per day.
👉U.S. total products supplied over the last four weeks averaged 20.2 million barrels per day, up by 0.1% from last year. Motor gasoline product supplied rose by 1.2% to 8.6 million barrels per day. Distillate fuel product supplied grew by 9.1%, and jet fuel product supplied increased by 8.8% compared to the same period last year.
👉U.S. crude oil refinery inputs averaged 16.9 million barrels per day, up by 44 thousand barrels per day from the previous week, with refineries operating at 93.3% capacity. Gasoline and distillate fuel production both decreased to 8.9 million and 5.2 million barrels per day, respectively.
👉Oil prices dropped on Thursday, continuing the losses from the previous day, as a smaller-than-expected decline in U.S. fuel inventories weighed on the market. However, concerns about tighter supplies from OPEC members and Russia limited further declines.
Looking forward to: -
➡️ U.S. Natural Gas Storage
Outlook: Sideways Lower
Recommendation: Sell Crude Oil @ 6350 SL 6420 TGTs 6232
mastertrust
09 Jan, 07:32
MAHINDRA & MAHINDRA LTD Book profit at 3150.0 ; Short-Term Calls BUY M&M @ 3098.3 SL 3020 TGT 3190 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Dec, 10:46
Weekly Commodity Dossier - 30th December 2024
Disclaimer - https://bit.ly/3WWzJ8d
Disclaimer - https://bit.ly/3WWzJ8d
mastertrust
28 Dec, 08:34
Market Pulse - The Weekly Equity Report - 30th December 2024
Disclaimer - https://bit.ly/3WWzJ8d
Disclaimer - https://bit.ly/3WWzJ8d
mastertrust
27 Dec, 18:00
U.S. ECONOMIC DATA
Crude Oil Inventories
Actual -4.2M
Forecast -0.7M
Previous -0.9M
Crude Oil Inventories
Actual -4.2M
Forecast -0.7M
Previous -0.9M
mastertrust
27 Dec, 16:01
🛢Crude Oil 🛢
Crude Oil 🛢 prices traded higher 📈 today, attempting to break resistance at 6040, driven by optimism over 🇨🇳 China's stimulus measures and expectations of declining 🇺🇸 U.S. inventories. The World Bank's improved growth forecast for China in 2024 and 2025 further supported sentiment, despite lingering concerns over weak household 🏠 and business confidence. China's plan to issue 3 trillion yuan 💵 in special treasury bonds added to recovery hopes. However, gains were capped by a stronger U.S. dollar💰 , which makes oil costlier for buyers using other currencies.
Crude Oil 🛢 prices traded higher 📈 today, attempting to break resistance at 6040, driven by optimism over 🇨🇳 China's stimulus measures and expectations of declining 🇺🇸 U.S. inventories. The World Bank's improved growth forecast for China in 2024 and 2025 further supported sentiment, despite lingering concerns over weak household 🏠 and business confidence. China's plan to issue 3 trillion yuan 💵 in special treasury bonds added to recovery hopes. However, gains were capped by a stronger U.S. dollar💰 , which makes oil costlier for buyers using other currencies.
mastertrust
27 Dec, 15:46
U.S. ECONOMIC DATA
Natural Gas Storage
Actual -93B
Forecast -100B
Previous -125B
Natural Gas Storage
Actual -93B
Forecast -100B
Previous -125B
mastertrust
27 Dec, 14:22
🧈 Gold 🧈
Gold 🧈 prices dropped sharply 📉 amid thin year-end trading, with subdued activity as institutional traders closed their books for the holiday season. The cautious outlook following the 🏦 Federal Reserve’s hawkish stance kept prices near the week's opening levels in the domestic market. Limited economic data and policy updates reduced market volatility, while a stronger dollar 💰 and higher interest rates continued to pressure gold, as they increased its opportunity cost compared to interest-bearing assets like bonds.
Gold 🧈 prices dropped sharply 📉 amid thin year-end trading, with subdued activity as institutional traders closed their books for the holiday season. The cautious outlook following the 🏦 Federal Reserve’s hawkish stance kept prices near the week's opening levels in the domestic market. Limited economic data and policy updates reduced market volatility, while a stronger dollar 💰 and higher interest rates continued to pressure gold, as they increased its opportunity cost compared to interest-bearing assets like bonds.
mastertrust
27 Dec, 13:59
COMMODITY: EXIT AT 294, SELL NATURAL GAS MINI JAN FUT @ 293 SL 297 TGT 283 Disclaimer: https://bit.ly/49hBt1e
mastertrust
27 Dec, 13:32
COMMODITY: EXIT AT 806, BUY COPPER JAN FUT @ 806.5 SL 804.5 TGT 811 Disclaimer: https://bit.ly/49hBt1e
mastertrust
27 Dec, 12:20
The domestic equity indices ended with minor gains on Friday. The Nifty settled above the 23,800 level. Pharma, auto and healthcare shares advanced while metal, PSU bank and oil & gas shares decline. Indian Rupee hit a fresh record low against the US dollar on Friday. The currency opened at 85.3100 and touched a fresh all-time low of 85.8075 and is currently trading at 85.5100. In the broader market, the S&P BSE Mid-Cap index shed 0.08% and the S&P BSE Small-Cap index added 0.28%. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tumbled 5.70% to 13.24. Now, on the downside 23,650 holds the significant support level for Nifty (spot) and on the upside 24,000 holds the resistance level.
mastertrust
27 Dec, 11:43
COMMODITY: SELL NATURAL GAS MINI JAN FUT @ 293 SL 297 TGT 283 Disclaimer: https://bit.ly/49hBt1e
mastertrust
27 Dec, 11:39
COMMODITY: BUY COPPER JAN FUT @ 806.5 SL 804.5 TGT 811 Disclaimer: https://bit.ly/49hBt1e
mastertrust
27 Dec, 10:57
Commodity Trading Guide 27th-DEC-2024
Disclaimer: https://bit.ly/3AEJJvD
Disclaimer: https://bit.ly/3AEJJvD
mastertrust
27 Dec, 10:30
Latest after the Bell 🔔 4.00 PM – Friday, 27 December, 2024
➡️ Indian benchmark indices, Nifty and Bank Nifty, traded flat in the holiday-shortened week due to subdued year-end activity. Market sentiment improved on rumours of income tax cuts in the February budget. Sectoral performance was mixed: auto, pharma, and media gained 0.4-1%, while realty, PSU banks, oil & gas, and metals declined by 0.5-1%, reflecting cautious investor sentiment.
NIFTY (63.20, 23813.40)
SENSEX (226.59, 78472.48)
BANKNIFTY (140.60, 51311.30)
Key Takeaways
✅Mamata Machinery made a remarkable stock market debut, listing at a 147% premium on NSE at Rs 600, far above its IPO price of Rs 243. The company, valued at Rs 1,476.47 crore, saw identical listings on BSE. Its Rs 179.39 crore IPO was oversubscribed by a staggering 194.95 times. With a price band of Rs 230-243, retail investors needed Rs 14,823 for the minimum application of 61 shares.
✅India's Finance Ministry links the recent economic slowdown to the Reserve Bank of India's (RBI) tight monetary policy and macroprudential measures. Despite GDP growth slowing to 5.4% in the July-September quarter, the ministry expects a rebound in the fiscal year's second half, fueled by rising demand and possible policy easing. The RBI, maintaining interest rates at 6.5% to curb inflation, faces calls from officials to lower rates to boost growth. Economists predict new RBI Governor Sanjay Malhotra may introduce rate cuts by February to stimulate economic activity.
✅UltraTech Cement has acquired an 8.7% stake in Star Cement for ₹851 crore, purchasing up to 3.70 crore shares at a maximum of ₹235 per share. This strategic investment aims to strengthen UltraTech's position in India's northeastern cement market. This move comes shortly after UltraTech's acquisition of a majority stake in The India Cements Ltd., enhancing its market presence.
✅ Transrail Lighting IPO Listing, Share Price: Transrail Lighting shares were listed at ₹590 apiece on the National Stock Exchange (NSE) on Friday, December 27, a premium of 36.57% to the issue price of ₹432 apiece.
✅ Unimech Aerospace and Manufacturing will finalise the allotment of its initial public offering (IPO) on Friday, December 27. The shares are set to debut on the BSE and NSE on December 31.
✅Anya Polytech & Fertilizers IPO has been oversubscribed by nearly 16 times by day two. The company aims to raise Rs 44.80 crore, with strong demand from retail investors. The IPO is open until December 30, 2024.
Stocks at New 52 Week High
✔️ Caplin Point (2600.15)
✔️Jubilant Foodworks (708.10)
✔️Oberoi Realty (2315.80)
✔️ Adv-Dec 28 / 22
✔️ INDIA VIX 13.25 (-5.70%)
✔️ Nifty PCR (02 JAN) 0.92
✔️ Bank Nifty PCR (29 JAN) 1.09
✔️ Nifty Midcap (-0.26%, 56979.80)
✔️ Nifty SmallCap (0.15%, 18755.85)
✔️ Nifty IT (0.13%, 43721.40)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
➡️ Indian benchmark indices, Nifty and Bank Nifty, traded flat in the holiday-shortened week due to subdued year-end activity. Market sentiment improved on rumours of income tax cuts in the February budget. Sectoral performance was mixed: auto, pharma, and media gained 0.4-1%, while realty, PSU banks, oil & gas, and metals declined by 0.5-1%, reflecting cautious investor sentiment.
NIFTY (63.20, 23813.40)
SENSEX (226.59, 78472.48)
BANKNIFTY (140.60, 51311.30)
Key Takeaways
✅Mamata Machinery made a remarkable stock market debut, listing at a 147% premium on NSE at Rs 600, far above its IPO price of Rs 243. The company, valued at Rs 1,476.47 crore, saw identical listings on BSE. Its Rs 179.39 crore IPO was oversubscribed by a staggering 194.95 times. With a price band of Rs 230-243, retail investors needed Rs 14,823 for the minimum application of 61 shares.
✅India's Finance Ministry links the recent economic slowdown to the Reserve Bank of India's (RBI) tight monetary policy and macroprudential measures. Despite GDP growth slowing to 5.4% in the July-September quarter, the ministry expects a rebound in the fiscal year's second half, fueled by rising demand and possible policy easing. The RBI, maintaining interest rates at 6.5% to curb inflation, faces calls from officials to lower rates to boost growth. Economists predict new RBI Governor Sanjay Malhotra may introduce rate cuts by February to stimulate economic activity.
✅UltraTech Cement has acquired an 8.7% stake in Star Cement for ₹851 crore, purchasing up to 3.70 crore shares at a maximum of ₹235 per share. This strategic investment aims to strengthen UltraTech's position in India's northeastern cement market. This move comes shortly after UltraTech's acquisition of a majority stake in The India Cements Ltd., enhancing its market presence.
✅ Transrail Lighting IPO Listing, Share Price: Transrail Lighting shares were listed at ₹590 apiece on the National Stock Exchange (NSE) on Friday, December 27, a premium of 36.57% to the issue price of ₹432 apiece.
✅ Unimech Aerospace and Manufacturing will finalise the allotment of its initial public offering (IPO) on Friday, December 27. The shares are set to debut on the BSE and NSE on December 31.
✅Anya Polytech & Fertilizers IPO has been oversubscribed by nearly 16 times by day two. The company aims to raise Rs 44.80 crore, with strong demand from retail investors. The IPO is open until December 30, 2024.
Stocks at New 52 Week High
✔️ Caplin Point (2600.15)
✔️Jubilant Foodworks (708.10)
✔️Oberoi Realty (2315.80)
✔️ Adv-Dec 28 / 22
✔️ INDIA VIX 13.25 (-5.70%)
✔️ Nifty PCR (02 JAN) 0.92
✔️ Bank Nifty PCR (29 JAN) 1.09
✔️ Nifty Midcap (-0.26%, 56979.80)
✔️ Nifty SmallCap (0.15%, 18755.85)
✔️ Nifty IT (0.13%, 43721.40)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
mastertrust
27 Dec, 09:26
SENSEX 78800 PE Book profit at 110; Intraday Call F&O; BUY BSEPUT SENSEX 27DEC2024 78800 @ 70-75 TGT 150 Disclaimer: https://bit.ly/49hBt1e
mastertrust
27 Dec, 08:58
Short-Term Calls BUY SWANENERGY @ 741.6 SL 725 TGT 773 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
27 Dec, 07:37
⭐️ CRUDE OIL UPDATE⭐️
➡️Brent – Trading at $72.86 per barrel against the previous close of $73.17.
➡️WTI – Trading at $69.64 per barrel against the previous close of $70.10.
Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oil importer.
Key Triggers
👉 A stronger U.S. dollar put pressure on oil prices, limiting gains. The dollar has risen approximately 7% this quarter and remains at a near two-year high against major currencies after the Federal Reserve indicated slower rate cuts in 2025. This appreciation of the dollar makes oil more expensive for buyers using other currencies.
👉Russia’s domestic LPG prices halved in December following the EU's ban on imports, effective December 20. The sanctions, initially proposed by Poland, target LPG used for vehicles, heating, and petrochemical production. Meanwhile, the European Commission's 14th sanctions package proposes restrictions on LNG re-exports and EU involvement in new Russian LNG projects, though direct imports to the EU remain unaffected.
👉 Bharat Petroleum Corp plans to invest $11 billion in a new refinery and petrochemical project in Andhra Pradesh to meet rising fuel demand in India's fast-growing economy. The country aims to become a key refining hub as Western companies reduce crude processing amid the energy transition.
👉 India's oil demand growth is set to outpace China's for the first time in 2024 and is projected to maintain this trend through 2025. According to Kang Wu, global head of macro and oil demand research at SPGCI, India's oil demand rose by 180,000 barrels per day this year, surpassing China’s 148,000 bpd growth. In 2025, India’s oil demand is forecast to grow by 3.2% year-on-year, compared to China’s 1.7% growth rate.
👉Oil prices traded steadily on Friday but were poised for a weekly gain, fuelled by optimism that economic stimulus measures will drive a recovery in China, the world’s largest oil importer.
Looking forward to: -
➡️ U.S. Crude Oil Inventories
➡️ EIA Weekly Petroleum Status Report
Outlook: Sideways
Recommendation: Prices are likely to trade sideways in the range of 5844 to 6062
➡️Brent – Trading at $72.86 per barrel against the previous close of $73.17.
➡️WTI – Trading at $69.64 per barrel against the previous close of $70.10.
Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oil importer.
Key Triggers
👉 A stronger U.S. dollar put pressure on oil prices, limiting gains. The dollar has risen approximately 7% this quarter and remains at a near two-year high against major currencies after the Federal Reserve indicated slower rate cuts in 2025. This appreciation of the dollar makes oil more expensive for buyers using other currencies.
👉Russia’s domestic LPG prices halved in December following the EU's ban on imports, effective December 20. The sanctions, initially proposed by Poland, target LPG used for vehicles, heating, and petrochemical production. Meanwhile, the European Commission's 14th sanctions package proposes restrictions on LNG re-exports and EU involvement in new Russian LNG projects, though direct imports to the EU remain unaffected.
👉 Bharat Petroleum Corp plans to invest $11 billion in a new refinery and petrochemical project in Andhra Pradesh to meet rising fuel demand in India's fast-growing economy. The country aims to become a key refining hub as Western companies reduce crude processing amid the energy transition.
👉 India's oil demand growth is set to outpace China's for the first time in 2024 and is projected to maintain this trend through 2025. According to Kang Wu, global head of macro and oil demand research at SPGCI, India's oil demand rose by 180,000 barrels per day this year, surpassing China’s 148,000 bpd growth. In 2025, India’s oil demand is forecast to grow by 3.2% year-on-year, compared to China’s 1.7% growth rate.
👉Oil prices traded steadily on Friday but were poised for a weekly gain, fuelled by optimism that economic stimulus measures will drive a recovery in China, the world’s largest oil importer.
Looking forward to: -
➡️ U.S. Crude Oil Inventories
➡️ EIA Weekly Petroleum Status Report
Outlook: Sideways
Recommendation: Prices are likely to trade sideways in the range of 5844 to 6062
mastertrust
27 Dec, 06:45
JUBLFOOD SL HIT AT 707; Intraday call BUY JUBLFOOD @ 717-719 SL 707 TGT 735 Disclaimer: https://bit.ly/49hBt1e
mastertrust
27 Dec, 06:31
HERO MOTOCORP LTD stop loss price 4270 reached; Intraday call BUY HEROMOTOCO @ 4315 SL 4270 TGT 4376. Disclaimer: https://bit.ly/49hBt1e
mastertrust
27 Dec, 06:21
Short-Term Calls FO BUY NSEPUT CUMMINSIND 30JAN2025 3300 @ 98 SL 71 TGT 151 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
27 Dec, 06:18
Dr. Manmohan Singh: A Legacy of Economic Vision and Nation-Building
Today, we remember and honour Dr. Manmohan Singh, one of the finest economists and leaders of our time, whose transformative policies shaped modern India.
As the architect of the 1991 Economic Reforms, Dr. Singh dismantled bureaucratic hurdles, ushered in liberalization, and opened India to global markets. His reforms laid the foundation for economic resilience, fostering growth across industries and elevating millions from poverty.
Dr. Singh’s leadership was marked by humility, wisdom and an unwavering commitment to India’s growth. Whether navigating economic crises or advocating for social reforms, his contributions resonate far beyond numbers and policies.
Rest in peace, Dr. Manmohan Singh. Your legacy as a visionary, statesman, and reformer will forever inspire a nation striving for excellence.
Today, we remember and honour Dr. Manmohan Singh, one of the finest economists and leaders of our time, whose transformative policies shaped modern India.
As the architect of the 1991 Economic Reforms, Dr. Singh dismantled bureaucratic hurdles, ushered in liberalization, and opened India to global markets. His reforms laid the foundation for economic resilience, fostering growth across industries and elevating millions from poverty.
Dr. Singh’s leadership was marked by humility, wisdom and an unwavering commitment to India’s growth. Whether navigating economic crises or advocating for social reforms, his contributions resonate far beyond numbers and policies.
Rest in peace, Dr. Manmohan Singh. Your legacy as a visionary, statesman, and reformer will forever inspire a nation striving for excellence.
mastertrust
06 Dec, 16:19
🧈Gold 🧈
Yellow Metal 🧈 prices exhibited mixed fluctuations today due to uncertainty surrounding the 🏦 Federal Reserve's long-term interest rate policy and a strong dollar 💵. Geopolitical risks, such as the crisis in the French government, unrest in South Korea, and tensions in the Middle East, provided some support for safe-haven assets. With the Fed expected to implement a 25-basis-point rate cut, concerns about future policy under incoming President Trump added to market volatility.
Yellow Metal 🧈 prices exhibited mixed fluctuations today due to uncertainty surrounding the 🏦 Federal Reserve's long-term interest rate policy and a strong dollar 💵. Geopolitical risks, such as the crisis in the French government, unrest in South Korea, and tensions in the Middle East, provided some support for safe-haven assets. With the Fed expected to implement a 25-basis-point rate cut, concerns about future policy under incoming President Trump added to market volatility.
mastertrust
06 Dec, 15:32
Crude Oil 🛢🛢
Crude Oil prices fell 📉 today despite OPEC+ 🏗 extending supply cuts through 2025, amid growing concerns about weakening demand, particularly in 🇨🇳 China. Slowing economic activity, rising electric vehicle adoption, and potential trade tariffs from 🇺🇸 Trump added pressure. Geopolitical tensions in the Middle East kept a risk premium in the market but failed to offset bearish demand signals.
Crude Oil prices fell 📉 today despite OPEC+ 🏗 extending supply cuts through 2025, amid growing concerns about weakening demand, particularly in 🇨🇳 China. Slowing economic activity, rising electric vehicle adoption, and potential trade tariffs from 🇺🇸 Trump added pressure. Geopolitical tensions in the Middle East kept a risk premium in the market but failed to offset bearish demand signals.
mastertrust
06 Dec, 14:39
COMMODITY OPTIONS: BOOK PROFIT AT 150, BUY NSE CRUDEOIL 16DEC2024 5800 PE @ 135 SL 110 TGT 195 Disclaimer: https://bit.ly/49hBt1e
mastertrust
06 Dec, 14:38
COMMODITY OPTIONS: EXIT AT 13.5, BUY NATURALGAS 23DEC2024 260 CE @ 13 SL 11 TGT 17 Disclaimer: https://bit.ly/49hBt1e
mastertrust
06 Dec, 13:32
U.S. ECONOMIC DATA
Unemployment Rate
Actual 4.2%
Forecast 4.1%
Previous 4.1%
U.S. ECONOMIC DATA
Non-Farm Employment Change
Actual 227K
Forecast 218K
Previous 36K
Unemployment Rate
Actual 4.2%
Forecast 4.1%
Previous 4.1%
U.S. ECONOMIC DATA
Non-Farm Employment Change
Actual 227K
Forecast 218K
Previous 36K
mastertrust
06 Dec, 13:00
COMMODITY OPTIONS: BUY NATURALGAS 23DEC2024 260 CE @ 13 SL 11 TGT 17 Disclaimer: https://bit.ly/49hBt1e
mastertrust
06 Dec, 12:54
COMMODITY OPTIONS: BUY NSE CRUDEOIL 16DEC2024 5800 PE @ 135 SL 110 TGT 195 Disclaimer: https://bit.ly/49hBt1e
mastertrust
06 Dec, 12:36
Indian equity markets ended flat in today's session, December 6, with the Nifty 50 and Sensex showing little movement after a series of key announcements by the Reserve Bank of India (RBI) in its MPC meeting today, which maintained the repo rate at 6.5% for the eleventh consecutive policy meeting. The Nifty settled below the 24,700 level. Media, IT and bank stocks declined while metal, consumer durables and auto shares advanced.The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.36% and the S&P BSE Small-Cap index rallied 0.60%. Now, on the downside 24,550 holds the significant support level for Nifty (spot) and on the upside 24,850 holds the resistance level.
mastertrust
06 Dec, 11:24
🚨 Stay Alert! Protect Yourself from Scammers🚨
Beware of unauthorized groups and videos misusing mastertrust's name to spread false information. Recently, scammers have been impersonating our directors in fake WhatsApp groups, offering misleading stock advice in mastertrust’s name.
Always rely on updates from our official channels, where all information is validated by our experts.
Report any suspicious activity to [email protected] or
Call our helpline number: 080-69991111.
Let’s stay vigilant and protect our investments!
#StayAlert
Beware of unauthorized groups and videos misusing mastertrust's name to spread false information. Recently, scammers have been impersonating our directors in fake WhatsApp groups, offering misleading stock advice in mastertrust’s name.
Always rely on updates from our official channels, where all information is validated by our experts.
Report any suspicious activity to [email protected] or
Call our helpline number: 080-69991111.
Let’s stay vigilant and protect our investments!
#StayAlert
mastertrust
06 Dec, 10:53
Commodity Trading Guide 06th-DEC-2024
Disclaimer: https://bit.ly/3AEJJvD
Disclaimer: https://bit.ly/3AEJJvD
mastertrust
06 Dec, 10:30
Latest after the Bell 🔔 4.00 PM – FRIDAY, 06 DECEMBER, 2024
➡️ Indian benchmark indices, Nifty and Bank Nifty, closed flat in a volatile session after the RBI's Monetary Policy Committee held the repo rate steady but cut the Cash Reserve Ratio (CRR) by 50 basis points to 4%. Sectorally, IT and media indices declined, while auto, metal, FMCG, telecom, and PSU Bank gained 0.3-1%. The market saw mixed sentiment as investors digested the policy decision and its implications.
NIFTY (-30.60, 24677.80)
SENSEX (-56.74, 81709.12)
BANKNIFTY (-94.05, 53509.50)
Key Takeaways
✅ The Reserve Bank of India (RBI) slashed the Cash Reserve Ratio (CRR) by 50 basis points to 4%, injecting ₹1.16 lakh crore into the banking system. This move, announced by Governor Shaktikanta Das, reverses the tightening cycle initiated in April 2022. While the repo rate remained at 6.5%, the RBI lowered its FY25 GDP growth forecast to 6.
✅ Vedanta's shares surged over 7% after the company announced the release of encumbrances on its equity shares. The $1.2 billion bond issued by Vedanta Resources Finance II PLC, and guaranteed by Vedanta Resources and subsidiaries, has been fully redeemed. This lifted restrictions on promoter entities regarding asset encumbrances and disposals.
✅ GMP of Emerald Tyres and Nisus Finance has surged up to 70 percent as the initial public offer (IPO) of the two issues witnessed robust subscription. A high GMP indicates that investors are willing to pay a significant premium over the IPO's issue price to secure a stake in the company.
✅ Shares of Garden Reach Shipbuilders & Engineers surged after the company signed agreement for construction and delivery of second ship from series of 4 additional 7,500 DWT multi-purpose vessels in Germany.
✅ Maruti Suzuki will raise prices by up to 4% starting January 2025. Hyundai Motor also announced price hikes from January 1, 2025. Luxury brands like Mercedes-Benz, BMW, and Audi are following suit. Rising input costs and operational expenses are driving these increases. Get ready to pay more for your next car.
Stocks at New 52 Week High
✔️CDSL (1883.80)
✔️PBFINTECH (2142.30)
✔️MCX (6920.00)
✔️BSE (5396.45)
✔️ZOMATO (302.95)
✔️ Adv-Dec 18 / 32
✔️ INDIA VIX 14.10 (2.82%)
✔️ Nifty PCR (12 DEC) 0.89
✔️ Bank Nifty PCR (24 NOV) 1.07
✔️ Nifty Midcap (0.45%, 58704.60)
✔️ Nifty SmallCap (0.82%, 19492.10)
✔️ Nifty IT (-0.20%, 44716.05)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
➡️ Indian benchmark indices, Nifty and Bank Nifty, closed flat in a volatile session after the RBI's Monetary Policy Committee held the repo rate steady but cut the Cash Reserve Ratio (CRR) by 50 basis points to 4%. Sectorally, IT and media indices declined, while auto, metal, FMCG, telecom, and PSU Bank gained 0.3-1%. The market saw mixed sentiment as investors digested the policy decision and its implications.
NIFTY (-30.60, 24677.80)
SENSEX (-56.74, 81709.12)
BANKNIFTY (-94.05, 53509.50)
Key Takeaways
✅ The Reserve Bank of India (RBI) slashed the Cash Reserve Ratio (CRR) by 50 basis points to 4%, injecting ₹1.16 lakh crore into the banking system. This move, announced by Governor Shaktikanta Das, reverses the tightening cycle initiated in April 2022. While the repo rate remained at 6.5%, the RBI lowered its FY25 GDP growth forecast to 6.
✅ Vedanta's shares surged over 7% after the company announced the release of encumbrances on its equity shares. The $1.2 billion bond issued by Vedanta Resources Finance II PLC, and guaranteed by Vedanta Resources and subsidiaries, has been fully redeemed. This lifted restrictions on promoter entities regarding asset encumbrances and disposals.
✅ GMP of Emerald Tyres and Nisus Finance has surged up to 70 percent as the initial public offer (IPO) of the two issues witnessed robust subscription. A high GMP indicates that investors are willing to pay a significant premium over the IPO's issue price to secure a stake in the company.
✅ Shares of Garden Reach Shipbuilders & Engineers surged after the company signed agreement for construction and delivery of second ship from series of 4 additional 7,500 DWT multi-purpose vessels in Germany.
✅ Maruti Suzuki will raise prices by up to 4% starting January 2025. Hyundai Motor also announced price hikes from January 1, 2025. Luxury brands like Mercedes-Benz, BMW, and Audi are following suit. Rising input costs and operational expenses are driving these increases. Get ready to pay more for your next car.
Stocks at New 52 Week High
✔️CDSL (1883.80)
✔️PBFINTECH (2142.30)
✔️MCX (6920.00)
✔️BSE (5396.45)
✔️ZOMATO (302.95)
✔️ Adv-Dec 18 / 32
✔️ INDIA VIX 14.10 (2.82%)
✔️ Nifty PCR (12 DEC) 0.89
✔️ Bank Nifty PCR (24 NOV) 1.07
✔️ Nifty Midcap (0.45%, 58704.60)
✔️ Nifty SmallCap (0.82%, 19492.10)
✔️ Nifty IT (-0.20%, 44716.05)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
mastertrust
06 Dec, 09:33
Short-Term Calls FO BUY NSECALL TATAMOTORS 26DEC2024 820 @ 18.4 SL 10 TGT 32 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
06 Dec, 09:03
Intraday Call F&O; BUY BSEPUT SENSEX 06DEC2024 81700 @ 40 TGT 100 Disclaimer: https://bit.ly/49hBt1e
mastertrust
06 Dec, 08:08
Short-Term Calls BUY ANGELONE @ 3288.00 SL 3210 TGT 3380 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 09:39
VEDANTA LIMITED exit at 453.15 ; Intraday call BUY VEDL @ 453 SL 447 TGT 465 Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 08:52
HEROMOTOCO SL HIT AT 4785; Short-Term Calls BUY HEROMOTOCO @ 4860.2 SL 4785 TGT 5015 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 08:30
NIFTY 24100 CE Target Hit At 50: Intraday Calls FO BUY NSECALL NIFTY 28NOV2024 24100 @ 16 SL .05 TGT 50 Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 08:19
Intraday Calls FO BUY NSECALL NIFTY 28NOV2024 24100 @ 16 SL .05 TGT 50 Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 07:40
⭐️ CRUDE OIL UPDATE⭐️
➡️Brent – Trading at $72.15 per barrel against the previous close of $72.30.
➡️WTI – Trading at $68.61 per barrel against the previous close of $68.72.
Investors remained cautious as U.S. oil prices edged slightly lower Wednesday, with markets balancing a ceasefire deal between Israel and Hezbollah against an unexpected U.S. inventory draw and anticipation of Sunday’s OPEC+ meeting.
Key Triggers
👉 U.S. commercial crude oil inventories decreased by 1.8 million barrels to 428.4 million barrels, exceeding the forecasted draw of 1.3 million barrels, reversing last week's 0.545 million barrels build, about 5% below the five-year average. Motor gasoline inventories grew by 3.3 million barrels but remained 3% below the five-year average. Distillate fuel inventories rose by 0.4 million barrels, while propane/propylene inventories fell by 1.0 million barrels but stayed 9% above the five-year average. Total commercial petroleum inventories declined by 1.8 million barrels.
👉 U.S. crude oil refinery inputs averaged 16.3 million barrels per day for the week ending November 22, 2024, an increase of 67,000 barrels per day from the previous week, with refineries operating at 90.5% capacity. Gasoline production rose to 9.7 million barrels per day, while distillate fuel production averaged 5.1 million barrels per day.
👉Crude oil imports averaged 6.1 million barrels per day, a drop of 1.6 million barrels per day from the previous week. Over the past four weeks, imports averaged 6.6 million barrels per day, up 5.5% from the same period last year. Gasoline imports averaged 636,000 barrels per day, and distillate fuel imports averaged 144,000 barrels per day.
👉 Total petroleum products supplied averaged 20.4 million barrels per day over the last four weeks, a 1.0% increase from the same period last year. Motor gasoline products supplied averaged 8.8 million barrels per day, up slightly year-over-year. Distillate fuel product supplied declined by 3.4%, while jet fuel product supplied increased by 3.3% compared to the same four-week period last year.
👉 Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ meeting this weekend to discuss oil output policy.
Outlook: Sideways
Recommendation: Trading Range: Buy Crude Oil @ 5800 SL Below 5750 TGT 5900
➡️Brent – Trading at $72.15 per barrel against the previous close of $72.30.
➡️WTI – Trading at $68.61 per barrel against the previous close of $68.72.
Investors remained cautious as U.S. oil prices edged slightly lower Wednesday, with markets balancing a ceasefire deal between Israel and Hezbollah against an unexpected U.S. inventory draw and anticipation of Sunday’s OPEC+ meeting.
Key Triggers
👉 U.S. commercial crude oil inventories decreased by 1.8 million barrels to 428.4 million barrels, exceeding the forecasted draw of 1.3 million barrels, reversing last week's 0.545 million barrels build, about 5% below the five-year average. Motor gasoline inventories grew by 3.3 million barrels but remained 3% below the five-year average. Distillate fuel inventories rose by 0.4 million barrels, while propane/propylene inventories fell by 1.0 million barrels but stayed 9% above the five-year average. Total commercial petroleum inventories declined by 1.8 million barrels.
👉 U.S. crude oil refinery inputs averaged 16.3 million barrels per day for the week ending November 22, 2024, an increase of 67,000 barrels per day from the previous week, with refineries operating at 90.5% capacity. Gasoline production rose to 9.7 million barrels per day, while distillate fuel production averaged 5.1 million barrels per day.
👉Crude oil imports averaged 6.1 million barrels per day, a drop of 1.6 million barrels per day from the previous week. Over the past four weeks, imports averaged 6.6 million barrels per day, up 5.5% from the same period last year. Gasoline imports averaged 636,000 barrels per day, and distillate fuel imports averaged 144,000 barrels per day.
👉 Total petroleum products supplied averaged 20.4 million barrels per day over the last four weeks, a 1.0% increase from the same period last year. Motor gasoline products supplied averaged 8.8 million barrels per day, up slightly year-over-year. Distillate fuel product supplied declined by 3.4%, while jet fuel product supplied increased by 3.3% compared to the same four-week period last year.
👉 Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ meeting this weekend to discuss oil output policy.
Outlook: Sideways
Recommendation: Trading Range: Buy Crude Oil @ 5800 SL Below 5750 TGT 5900
mastertrust
28 Nov, 06:16
HINDUSTAN AERONAUTICS LTD stop loss price 4455 reached; Intraday call BUY HAL @ 4523 SL 4455 TGT 4630. Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 05:30
Bullish or Bearish? 📈📉 Check out today’s sector highlights! Which sector are you investing in?
Realty💯
IT👨🏻💻
Auto⚡️
Realty💯
IT👨🏻💻
Auto⚡️
mastertrust
28 Nov, 04:57
Intraday Calls FO BUY NSECALL NIFTY 28NOV2024 24400 @ 29.8 SL 5 TGT 80 Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 04:26
Intraday call BUY VEDL @ 453 SL 447 TGT 465 Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 04:24
Intraday call BUY HAL @ 4523 SL 4455 TGT 4630 Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 04:21
Intraday call BUY BSE @ 4581 SL 4512 TGT 4690 Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 04:20
Introducing Agnik: Your new trading companion
With features like instant login, a sleek interface, customized watchlists, easy order entry, real-time insights, and robust tracking.
Agnik is designed to enhance your trading experience.
Ready to take control of your investments? Download Agnik today! 📲
Download Link Below: 👇🏻
iOS Link - https://apps.apple.com/in/app/agnik/id6677025754
Android Link - https://play.google.com/store/apps/details?id=com.mastertrust.agnik
#Agnik #banosmartkarostart
With features like instant login, a sleek interface, customized watchlists, easy order entry, real-time insights, and robust tracking.
Agnik is designed to enhance your trading experience.
Ready to take control of your investments? Download Agnik today! 📲
Download Link Below: 👇🏻
iOS Link - https://apps.apple.com/in/app/agnik/id6677025754
Android Link - https://play.google.com/store/apps/details?id=com.mastertrust.agnik
#Agnik #banosmartkarostart
mastertrust
28 Nov, 04:18
BANKNIFTY CREDIT SPREAD; SELL NSEPUT BANKNIFTY 24DEC2024 51000 @ 295 ; BUY NSEPUT BANKNIFTY 24DEC2024 50300 @ 195 inflow 100 SL 170 TGT 10 Validity - 27 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 04:09
WAAREE ENERGIES LIMITED Book profit at 2670.3 ; Short-Term Calls BUY WAAREEENER @ 2641 SL 2550 TGT 2790 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Nov, 04:03
THE BIG MOVERS @ 9.30 AM — Thursday, November 28th 2024
➡️ India's benchmark index opened the session on a slightly positive note, supported by easing geopolitical tensions, record highs on Wall Street, and renewed FPI inflows. Optimism from the US Federal Reserve minutes, which highlighted easing inflation and a robust labour market, signalled room for gradual interest rate cuts, further boosting market sentiment. Additionally, India’s VIX fell by 4.44% to 14.62, indicating reduced volatility and strengthening bullish momentum.
➡️ Nifty (-2, 24272)
➡️ Bank Nifty (+186, 52464)
Nifty’s all-time high at the 26277.05 mark.
BUZZING STOCKS
➡️ Top Index Gainers: ADANIENT (+1.89%) HINDUNILVR (+1.04%) HDFCLIFE (+1.00%) COALINDIA (+0.91%) HDFCBANK (+0.86%).
➡️ Top Index Losers: EICHERMOT (-1.18%) M&M (-0.86%) INFY (-0.79%) HINDALCO (-0.55%) TECHM (-0.50%).
This morning, all the sectoral indices are trading mostly in green with the maximum gain seen at Nifty Realty (+1.17%) and the maximum loss seen at Nifty IT (-0.73%).
9.30 am GLOBAL UPDATE
✅ DOW FUTURES (-138, 44722)
✅ NASDAQ (-113, 19061)
✅ NIKKEI (+287, 38404)
✅ HANG SENG (-273, 19330)
✅ SHANGHAI COMPOSITE (-9, 3299)
✅ Dollar Index (+0.16%, 106.21)
✅ WTI OIL (-0.23%, 68.56)
TECHNICAL LEVELS
➡️Nifty
Support:- 24100, 23900
Resistance:- 24400, 24600
➡️ Bank Nifty
Support:- 51800, 51000
Resistance:- 52600, 53400
KEY THEMES FOR THE DAY
👉 Steel prices fall below imports from China amid weak demand. The industry expects the stimulus announced by China will boost global steel prices and offer an opportunity for Indian steel companies to hike prices in the coming months.
👉 HDFC Securities said on Wednesday it has decided to close its franchisee business in an attempt to "streamline operations and enhance service quality", contrary to messages circulating on WhatsApp and social media that the closure is on account of compliance issues.
👉 The pharma industry expects to grow 58 per cent to $130 billion in the next five years from its current market value of $55 billion, driven by innovations, increasing exports, and a strong focus on affordability and efficiency.
👉The Supreme Court’s recent recall of its earlier judgement, which had struck down the retrospective implementation of the Benami Transactions (Prohibition) Amendment Act, 2016, has rekindled a staggering 4,800 benami transaction cases that were gathering dust at the Income Tax department offices across the country.
👉 Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 U.S. jobs and drive up prices for U.S. consumers.
👉 Federal Reserve in FOMC meeting officials expressed confidence in easing inflation and a robust labour market, supporting gradual interest rate cuts, according to November meeting minutes. Despite inflation remaining above the 2% target, officials appeared comfortable with its current trajectory.
👉 US GDP grew by 2.8% quarter-over-quarter in Q3, aligning with forecasts but slightly below the 3.0% growth recorded in Q2.
👉 The US Core PCE Price Index rose 2.8% year-over-year in October, aligning with expectations and up from 2.7% in the previous month.
👉 US Initial Jobless Claims came in at 213K, slightly below the forecast and previous figure of 215K.
👉 Asian shares were subdued on Thursday and the dollar was on the defensive after U.S. data showed progress in slowing inflation had stalled even as the economy remained resilient, raising doubt over the path the Federal Reserve could take next year.
Disclaimer : This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments.
➡️ India's benchmark index opened the session on a slightly positive note, supported by easing geopolitical tensions, record highs on Wall Street, and renewed FPI inflows. Optimism from the US Federal Reserve minutes, which highlighted easing inflation and a robust labour market, signalled room for gradual interest rate cuts, further boosting market sentiment. Additionally, India’s VIX fell by 4.44% to 14.62, indicating reduced volatility and strengthening bullish momentum.
➡️ Nifty (-2, 24272)
➡️ Bank Nifty (+186, 52464)
Nifty’s all-time high at the 26277.05 mark.
BUZZING STOCKS
➡️ Top Index Gainers: ADANIENT (+1.89%) HINDUNILVR (+1.04%) HDFCLIFE (+1.00%) COALINDIA (+0.91%) HDFCBANK (+0.86%).
➡️ Top Index Losers: EICHERMOT (-1.18%) M&M (-0.86%) INFY (-0.79%) HINDALCO (-0.55%) TECHM (-0.50%).
This morning, all the sectoral indices are trading mostly in green with the maximum gain seen at Nifty Realty (+1.17%) and the maximum loss seen at Nifty IT (-0.73%).
9.30 am GLOBAL UPDATE
✅ DOW FUTURES (-138, 44722)
✅ NASDAQ (-113, 19061)
✅ NIKKEI (+287, 38404)
✅ HANG SENG (-273, 19330)
✅ SHANGHAI COMPOSITE (-9, 3299)
✅ Dollar Index (+0.16%, 106.21)
✅ WTI OIL (-0.23%, 68.56)
TECHNICAL LEVELS
➡️Nifty
Support:- 24100, 23900
Resistance:- 24400, 24600
➡️ Bank Nifty
Support:- 51800, 51000
Resistance:- 52600, 53400
KEY THEMES FOR THE DAY
👉 Steel prices fall below imports from China amid weak demand. The industry expects the stimulus announced by China will boost global steel prices and offer an opportunity for Indian steel companies to hike prices in the coming months.
👉 HDFC Securities said on Wednesday it has decided to close its franchisee business in an attempt to "streamline operations and enhance service quality", contrary to messages circulating on WhatsApp and social media that the closure is on account of compliance issues.
👉 The pharma industry expects to grow 58 per cent to $130 billion in the next five years from its current market value of $55 billion, driven by innovations, increasing exports, and a strong focus on affordability and efficiency.
👉The Supreme Court’s recent recall of its earlier judgement, which had struck down the retrospective implementation of the Benami Transactions (Prohibition) Amendment Act, 2016, has rekindled a staggering 4,800 benami transaction cases that were gathering dust at the Income Tax department offices across the country.
👉 Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 U.S. jobs and drive up prices for U.S. consumers.
👉 Federal Reserve in FOMC meeting officials expressed confidence in easing inflation and a robust labour market, supporting gradual interest rate cuts, according to November meeting minutes. Despite inflation remaining above the 2% target, officials appeared comfortable with its current trajectory.
👉 US GDP grew by 2.8% quarter-over-quarter in Q3, aligning with forecasts but slightly below the 3.0% growth recorded in Q2.
👉 The US Core PCE Price Index rose 2.8% year-over-year in October, aligning with expectations and up from 2.7% in the previous month.
👉 US Initial Jobless Claims came in at 213K, slightly below the forecast and previous figure of 215K.
👉 Asian shares were subdued on Thursday and the dollar was on the defensive after U.S. data showed progress in slowing inflation had stalled even as the economy remained resilient, raising doubt over the path the Federal Reserve could take next year.
Disclaimer : This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments.
mastertrust
28 Nov, 04:02
PRISM JOHNSON LIMITED Book profit at 204.0 ; TECHNICAL PICK OF THE WEEK: BUY PRSMJOHNSN @ 186 - 188 SL 168 TGT 208,214 Validity - 120 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
25 Nov, 16:54
Gold
Gold prices slid over 2.5% today, as reports of ceasefire talks between Israel and Hezbollah eased safe-haven demand. Despite the decline, the metal retained strong gains from last week, driven by rising geopolitical tensions between Russia and Ukraine. A sharp drop in Treasury yields pressured the dollar, offering limited support to metal markets. However, the dollar's weakness only partially offset losses, leaving gold under pressure amid reduced geopolitical risk.
Gold prices slid over 2.5% today, as reports of ceasefire talks between Israel and Hezbollah eased safe-haven demand. Despite the decline, the metal retained strong gains from last week, driven by rising geopolitical tensions between Russia and Ukraine. A sharp drop in Treasury yields pressured the dollar, offering limited support to metal markets. However, the dollar's weakness only partially offset losses, leaving gold under pressure amid reduced geopolitical risk.
mastertrust
25 Nov, 16:45
Crude Oil
Crude Oil prices dropped by approximately 2.5% today, following reports that Israel and Lebanon had agreed to terms for ending the Israel-Hezbollah conflict, as per some U.S. officials. Meanwhile, traders are assessing last week’s sharp gains, driven by geopolitical tensions after Russia launched a hypersonic missile at Ukraine, signaling to the U.S. and UK in response to Kyiv's use of Western-supplied weapons in attacks on Russian targets.
Crude Oil prices dropped by approximately 2.5% today, following reports that Israel and Lebanon had agreed to terms for ending the Israel-Hezbollah conflict, as per some U.S. officials. Meanwhile, traders are assessing last week’s sharp gains, driven by geopolitical tensions after Russia launched a hypersonic missile at Ukraine, signaling to the U.S. and UK in response to Kyiv's use of Western-supplied weapons in attacks on Russian targets.
mastertrust
25 Nov, 15:48
COMMODITY: BOOK PROFIT AT 5870, SELL CRUDE OIL MINI DEC FUT @ 5930 SL 6000 TGT 5800 Disclaimer: https://bit.ly/49hBt1e
mastertrust
25 Nov, 14:33
COMMODITY: SELL CRUDE OIL MINI DEC FUT @ 5930 SL 6000 TGT 5800 Disclaimer: https://bit.ly/49hBt1e
mastertrust
25 Nov, 14:12
COMMODITY: TARGET HIT AT 76400, SELL GOLD MINI DEC FUT @ 76800 SL 77000 TGT 76400 Disclaimer: https://bit.ly/49hBt1e
mastertrust
25 Nov, 13:58
COMMODITY: SELL GOLD MINI DEC FUT @ 76800 SL 77000 TGT 76400 Disclaimer: https://bit.ly/49hBt1e
mastertrust
25 Nov, 13:14
The domestic equity indices ended with major gains on Monday, gaining for the second day in a row, fueled by the BJP and its allies securing a decisive victory in the Maharashtra state elections, providing a much-needed boost to the markets, which had been under pressure from weak Q2 earnings and persistent FPI selling. The Nifty settled above the 24,200 level. All the sectoral indices on the NSE ended in the green, with PSU bank, oil & gas and realty shares gaining the most. The S&P BSE Mid-Cap index advanced 1.61% and the S&P BSE Small-Cap index jumped 1.86%. Now, on the downside 24,100 holds the significant support level for Nifty (spot) and on the upside 24,350 holds the resistance level.
mastertrust
25 Nov, 11:15
Commodity Trading Guide 25th-NOV-2024
Disclaimer: https://bit.ly/3AEJJvD
Disclaimer: https://bit.ly/3AEJJvD
mastertrust
25 Nov, 10:30
Latest after the Bell 🔔 4.00 PM – MONDAY, 25 NOVEMBER, 2024
➡️ Indian benchmark equity indices closed higher on Monday, with the Nifty gaining over 1% and the Bank Nifty surging more than 2%, buoyed by investor optimism following the BJP-led Mahayuti alliance's victory in the Maharashtra elections. The rally was broad-based, with strong buying across all sectors. PSU Bank and Oil & Gas indices led the gains, each rising over 3%.
NIFTY (314.65, 24221.90)
SENSEX (992.74, 80109.85)
BANKNIFTY (1072.10, 52207.50)
Key Takeaways
✅ Foreign institutional investors (FIIs) are dumping Indian financial stocks, pulling out a record Rs 70,963 crore in 2024. This selloff, attributed to factors like a strong dollar and high US bond yields, has impacted financial stock performance, with the Nifty Bank index trailing the broader market. However, analysts believe this trend reflects short-term adjustments rather than fundamental sector weaknesses.
✅ Paytm shares surged over 4% to reach a 52-week high of Rs 939 on Monday after announcing the launch of an automatic top-up feature for its UPI LITE service. This feature enables PIN-less transactions for payments under Rs 500. Currently available to select Yes Bank and Axis Bank users, it automatically recharges the UPI LITE balance when it falls below a set limit.
✅ PSU stocks experienced a strong rally on Monday following the BJP-led Mahayuti alliance's victory in the Maharashtra Assembly elections. Shares of Bank of Baroda, Indian Bank, HPCL, PFC, IRFC, and others surged between 3% and 11%. PSU Railway stocks led the gains, with RITES rising 11%, while PSU Bank stocks like Central Bank of India saw gains of over 8%.
✅ Congress MPs raised bribery charges against Adani Group. Congress's RS MP Pramod Tiwari said his party wanted the Adani issue to be taken up in Parliament as the first thing when it met on Monday. "It is a grave issue involving the country's economic and security interests as over Rs 2,300 crore was allegedly paid by the company to politicians and bureaucrats to get favourable deals for its solar energy projects," he said.
✅ Shares of J Kumar Infraprojects soared nearly 16% to Rs 795.25, while IRB Infrastructure Developers climbed 7.6% to a high of Rs 51.20. L&T also gained 4.2%, reaching an intraday high of Rs 3,757.70. Other infrastructure stocks, including Ceigall India, Ashoka Buildcon, Afcons Infrastructure, GPT Infraprojects, and KNR Constructions, rose between 2-7%.
Stocks at New 52 Week High
✔️GILLETTE (10527.0)
✔️DOMS (3050.0)
✔️LAURUSLAB (532.15)
✔️FORTIS (706.50)
✔️COFORGE (8605.50)
✔️ Adv-Dec 41 / 09
✔️ INDIA VIX 15.30 (-4.97%)
✔️ Nifty PCR (28 NOV) 1.03
✔️ Bank Nifty PCR (27 NOV) 1.25
✔️ Nifty Midcap (1.61%, 55900.55)
✔️ Nifty SmallCap (2.03%, 18115.85)
✔️ Nifty IT (0.66%, 43618.15)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
➡️ Indian benchmark equity indices closed higher on Monday, with the Nifty gaining over 1% and the Bank Nifty surging more than 2%, buoyed by investor optimism following the BJP-led Mahayuti alliance's victory in the Maharashtra elections. The rally was broad-based, with strong buying across all sectors. PSU Bank and Oil & Gas indices led the gains, each rising over 3%.
NIFTY (314.65, 24221.90)
SENSEX (992.74, 80109.85)
BANKNIFTY (1072.10, 52207.50)
Key Takeaways
✅ Foreign institutional investors (FIIs) are dumping Indian financial stocks, pulling out a record Rs 70,963 crore in 2024. This selloff, attributed to factors like a strong dollar and high US bond yields, has impacted financial stock performance, with the Nifty Bank index trailing the broader market. However, analysts believe this trend reflects short-term adjustments rather than fundamental sector weaknesses.
✅ Paytm shares surged over 4% to reach a 52-week high of Rs 939 on Monday after announcing the launch of an automatic top-up feature for its UPI LITE service. This feature enables PIN-less transactions for payments under Rs 500. Currently available to select Yes Bank and Axis Bank users, it automatically recharges the UPI LITE balance when it falls below a set limit.
✅ PSU stocks experienced a strong rally on Monday following the BJP-led Mahayuti alliance's victory in the Maharashtra Assembly elections. Shares of Bank of Baroda, Indian Bank, HPCL, PFC, IRFC, and others surged between 3% and 11%. PSU Railway stocks led the gains, with RITES rising 11%, while PSU Bank stocks like Central Bank of India saw gains of over 8%.
✅ Congress MPs raised bribery charges against Adani Group. Congress's RS MP Pramod Tiwari said his party wanted the Adani issue to be taken up in Parliament as the first thing when it met on Monday. "It is a grave issue involving the country's economic and security interests as over Rs 2,300 crore was allegedly paid by the company to politicians and bureaucrats to get favourable deals for its solar energy projects," he said.
✅ Shares of J Kumar Infraprojects soared nearly 16% to Rs 795.25, while IRB Infrastructure Developers climbed 7.6% to a high of Rs 51.20. L&T also gained 4.2%, reaching an intraday high of Rs 3,757.70. Other infrastructure stocks, including Ceigall India, Ashoka Buildcon, Afcons Infrastructure, GPT Infraprojects, and KNR Constructions, rose between 2-7%.
Stocks at New 52 Week High
✔️GILLETTE (10527.0)
✔️DOMS (3050.0)
✔️LAURUSLAB (532.15)
✔️FORTIS (706.50)
✔️COFORGE (8605.50)
✔️ Adv-Dec 41 / 09
✔️ INDIA VIX 15.30 (-4.97%)
✔️ Nifty PCR (28 NOV) 1.03
✔️ Bank Nifty PCR (27 NOV) 1.25
✔️ Nifty Midcap (1.61%, 55900.55)
✔️ Nifty SmallCap (2.03%, 18115.85)
✔️ Nifty IT (0.66%, 43618.15)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
mastertrust
25 Nov, 07:44
Something big is coming... Are you ready? 👀
Stay tuned for something smart. 💡💸
Stay tuned for something smart. 💡💸
mastertrust
25 Nov, 07:36
⭐️ CRUDE OIL UPDATE⭐️
➡️Brent – Trading at $74.03 per barrel against the previous close of $74.63.
➡️WTI – Trading at $70.57 per barrel against the previous close of $71.24.
Oil prices climbed about 1% on Friday, settling at a two-week high, as the intensifying war in Ukraine this week boosted the market's geopolitical risk premium.
Key Triggers
👉 U.S. active drilling rigs fell by 1 to 583 this week, with oil rigs up by 1, gas rigs down by 2, and 5 miscellaneous. The total rig count is down 7% year-over-year, Baker Hughes reported.
👉 The S&P Global US Manufacturing PMI for November came in at 48.8, matching expectations and slightly up from October's reading of 48.5, while the S&P Global US Services PMI rose to 57.0 in November, surpassing the forecast of 55.2 and October's reading of 55.0.
👉 China's crude imports are set to rebound in November, reaching their highest level in three months, driven more by favourable pricing than increased demand. Arrivals are expected to hit around 11.4 million barrels per day (bpd), the most since August and the third-highest monthly total in 2024, based on vessel-tracking and port data from Kpler and LSEG Oil Research.
👉 India’s petroleum exports up 12.7% in October; crude imports increase by 4.2%. Indigenous crude oil and condensate production in October 2024 stood at 2.3 million metric tonnes (MMT), marking a 4% decline compared to the same period last year, according to data from the Petroleum Planning and Analysis Cell (PPAC).
👉 Oil prices eased on Monday after last week’s 6% surge but remained close to two-week highs, as escalating geopolitical tensions between Western nations and key producers Russia and Iran heightened supply disruption concerns.
Looking forward to: -
➡️ U.S. CB Consumer Confidence (Nov), GDP (Q3) and PCE Price index YoY this week
Outlook: Sideways Lower
Recommendation: Sell Crude Oil @ 5975 SL 6040 TGTs 5850
➡️Brent – Trading at $74.03 per barrel against the previous close of $74.63.
➡️WTI – Trading at $70.57 per barrel against the previous close of $71.24.
Oil prices climbed about 1% on Friday, settling at a two-week high, as the intensifying war in Ukraine this week boosted the market's geopolitical risk premium.
Key Triggers
👉 U.S. active drilling rigs fell by 1 to 583 this week, with oil rigs up by 1, gas rigs down by 2, and 5 miscellaneous. The total rig count is down 7% year-over-year, Baker Hughes reported.
👉 The S&P Global US Manufacturing PMI for November came in at 48.8, matching expectations and slightly up from October's reading of 48.5, while the S&P Global US Services PMI rose to 57.0 in November, surpassing the forecast of 55.2 and October's reading of 55.0.
👉 China's crude imports are set to rebound in November, reaching their highest level in three months, driven more by favourable pricing than increased demand. Arrivals are expected to hit around 11.4 million barrels per day (bpd), the most since August and the third-highest monthly total in 2024, based on vessel-tracking and port data from Kpler and LSEG Oil Research.
👉 India’s petroleum exports up 12.7% in October; crude imports increase by 4.2%. Indigenous crude oil and condensate production in October 2024 stood at 2.3 million metric tonnes (MMT), marking a 4% decline compared to the same period last year, according to data from the Petroleum Planning and Analysis Cell (PPAC).
👉 Oil prices eased on Monday after last week’s 6% surge but remained close to two-week highs, as escalating geopolitical tensions between Western nations and key producers Russia and Iran heightened supply disruption concerns.
Looking forward to: -
➡️ U.S. CB Consumer Confidence (Nov), GDP (Q3) and PCE Price index YoY this week
Outlook: Sideways Lower
Recommendation: Sell Crude Oil @ 5975 SL 6040 TGTs 5850
mastertrust
25 Nov, 07:30
TATA POWER CO LTD Completely Exit at 416.7 ; Short-Term Calls BUY TATAPOWER @ 421.4 SL 410 TGT 441 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
25 Nov, 07:30
RELIANCE SL HIT AT 1284; Short-Term Calls BUY RELIANCE @ 1297 SL 1284 TGT 1325 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
25 Nov, 07:23
NIFTY 24500 CE SL HIT AT 56: Intraday Calls FO BUY NSECALL NIFTY 28NOV2024 24500 @ 86 SL 56 TGT 150 Disclaimer: https://bit.ly/49hBt1e
mastertrust
25 Nov, 06:39
Short-Term Calls BUY RELIANCE @ 1297 SL 1284 TGT 1325 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 12:25
The benchmark indices ended the day in red with Nifty and Sensex closing at 23,349 and 77,155 respectively.Adani groups stocks lost ₹2.3 lakh crore in market cap as US court indicted Chairman Gautam Adani and others in the bribery case. Shares of the flagship Adani Enterprises ended with losses of 23%, followed by Adani Green and Adani Energy Solutions, both of which fell up to 20% each. Most sectoral indices ended with losses on the NSE, with Nifty PSU Bank cracking nearly 3%, followed by Nifty Metal and Media indices which fell over 2% each. The S&P BSE Mid-Cap index fell 0.37% and the S&P BSE Small-Cap index declined 0.67%. Now, on the downside 23,200 holds the significant support level for Nifty (spot) and on the upside 23,500 holds the resistance level.
mastertrust
21 Nov, 11:12
Commodity Trading Guide 21st-NOV-2024
Disclaimer: https://bit.ly/3AEJJvD
Disclaimer: https://bit.ly/3AEJJvD
mastertrust
21 Nov, 10:32
Latest after the Bell 🔔 4.00 PM – THURSDAY, 21 NOVEMBER, 2024
➡️ Indian benchmark indices, Nifty 50 closed below 23,400 and Bank Nifty below 50,400 on Thursday, hit by a sell-off in Adani stocks after bribery allegations against its chairman. Sector-wise, Energy, FMCG, Oil & Gas, PSU Bank, Media, and Metal indices dropped 1-2%, while Realty gained 1% and IT rose 0.5%. Adani-related developments weighed heavily on market sentiment, causing broad-based declines.
NIFTY (-168.80, 23349.90)
SENSEX (-422.59, 77155.59)
BANKNIFTY (-253.60, 50372.90)
Key Takeaways
✅ Adani Group's market capitalization fell by ₹2.2 lakh crore as its stocks dropped up to 20% on November 21. The decline followed allegations by U.S. prosecutors accusing Gautam Adani of a $250 million bribery scheme to secure solar energy contracts in India. The accusations have significantly impacted investor confidence, leading to sharp declines across the group’s listed companies.
✅ Shares of public sector banks like SBI, Bank of Baroda, and Union Bank fell 4–8% on November 21 amid Adani bribery allegations and a broad market sell-off. Indian banks disclosed significant Adani Group exposures after the January 2023 Hindenburg report, including LIC at ₹35,920 crore and SBI at ₹27,000 crore. The scandal's revival has raised concerns about financial institutions' stability, affecting investor confidence.
✅ Vedanta Resources is delaying a potential dollar bond sale due to market instability caused by the indictment of Adani Group's founder. Despite holding investor calls, Vedanta might postpone the offering until next week, hoping for yield stabilization. The delay highlights the broader market impact of the Adani situation, as investors exercise caution amidst the uncertainty.
✅ Goldman Sachs predicts the Nifty 50 index could reach 27,000 by end-2025, expecting a near-term range-bound market with a target of 24,000 for recovery. Weak earnings and high valuations, combined with a domestic cyclical slowdown, contribute to a flat outlook for the next three months. Despite this, external factors remain stable, supporting long-term growth prospects as economic recovery gains momentum.
✅ International brokerage Bernstein reaffirmed its bullishness on Paytm parent One97 Communications, as the narrative for the beleaguered fintech player changes from survival to optimism. Bernstein hiked its target price on Paytm to Rs 1,000 per share, up from Rs 750 earlier. Based on the previous session's closing price, this indicates an upside of 23 percent.
Stocks at New 52 Week High
✔️VIJAYA DIAGNOSTIC (1134.05)
✔️INDIANHOTEL (785.45)
✔️FORTIS (681.95)
✔️NALCO (247.78)
✔️FEDERALBNK (210.80)
✔️ Adv-Dec 15 / 35
✔️ INDIA VIX 16.00 (2.11%)
✔️ Nifty PCR (28 NOV) 0.81
✔️ Bank Nifty PCR (27 NOV) 0.91
✔️ Nifty Midcap (-0.30%, 54385.35)
✔️ Nifty SmallCap (-0.46%, 17596.60)
✔️ Nifty IT (0.49%, 41952.80)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
➡️ Indian benchmark indices, Nifty 50 closed below 23,400 and Bank Nifty below 50,400 on Thursday, hit by a sell-off in Adani stocks after bribery allegations against its chairman. Sector-wise, Energy, FMCG, Oil & Gas, PSU Bank, Media, and Metal indices dropped 1-2%, while Realty gained 1% and IT rose 0.5%. Adani-related developments weighed heavily on market sentiment, causing broad-based declines.
NIFTY (-168.80, 23349.90)
SENSEX (-422.59, 77155.59)
BANKNIFTY (-253.60, 50372.90)
Key Takeaways
✅ Adani Group's market capitalization fell by ₹2.2 lakh crore as its stocks dropped up to 20% on November 21. The decline followed allegations by U.S. prosecutors accusing Gautam Adani of a $250 million bribery scheme to secure solar energy contracts in India. The accusations have significantly impacted investor confidence, leading to sharp declines across the group’s listed companies.
✅ Shares of public sector banks like SBI, Bank of Baroda, and Union Bank fell 4–8% on November 21 amid Adani bribery allegations and a broad market sell-off. Indian banks disclosed significant Adani Group exposures after the January 2023 Hindenburg report, including LIC at ₹35,920 crore and SBI at ₹27,000 crore. The scandal's revival has raised concerns about financial institutions' stability, affecting investor confidence.
✅ Vedanta Resources is delaying a potential dollar bond sale due to market instability caused by the indictment of Adani Group's founder. Despite holding investor calls, Vedanta might postpone the offering until next week, hoping for yield stabilization. The delay highlights the broader market impact of the Adani situation, as investors exercise caution amidst the uncertainty.
✅ Goldman Sachs predicts the Nifty 50 index could reach 27,000 by end-2025, expecting a near-term range-bound market with a target of 24,000 for recovery. Weak earnings and high valuations, combined with a domestic cyclical slowdown, contribute to a flat outlook for the next three months. Despite this, external factors remain stable, supporting long-term growth prospects as economic recovery gains momentum.
✅ International brokerage Bernstein reaffirmed its bullishness on Paytm parent One97 Communications, as the narrative for the beleaguered fintech player changes from survival to optimism. Bernstein hiked its target price on Paytm to Rs 1,000 per share, up from Rs 750 earlier. Based on the previous session's closing price, this indicates an upside of 23 percent.
Stocks at New 52 Week High
✔️VIJAYA DIAGNOSTIC (1134.05)
✔️INDIANHOTEL (785.45)
✔️FORTIS (681.95)
✔️NALCO (247.78)
✔️FEDERALBNK (210.80)
✔️ Adv-Dec 15 / 35
✔️ INDIA VIX 16.00 (2.11%)
✔️ Nifty PCR (28 NOV) 0.81
✔️ Bank Nifty PCR (27 NOV) 0.91
✔️ Nifty Midcap (-0.30%, 54385.35)
✔️ Nifty SmallCap (-0.46%, 17596.60)
✔️ Nifty IT (0.49%, 41952.80)
Disclaimer: This does not construe as investment advice. Stock market investments are subject to market risks. All information is a point of view and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Returns mentioned herein are in no way a guarantee or promise of future returns. Stock market investments are subject to market risks.
mastertrust
21 Nov, 09:50
BANK NIFTY SPREAD: BUY NSECALL BANKNIFTY 27NOV2024 50400 @ 452 ;SELL NSECALL BANKNIFTY 27NOV2024 50500 @ 405 outflow 47 SL 10 TGT 100 Validity - 4 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 09:39
BAJAJ FINANCE LIMITED exit call at 6475 ; Intraday call SELL BAJFINANCE @ 6500 SL 6570 TGT 6400 Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 09:32
GRASIM INDUSTRIES LTD exit call at 2537 ; Intraday call SELL GRASIM @ 2547.00 SL 2580 TGT 2490 Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 08:07
Intraday call SELL GRASIM @ 2547.00 SL 2580 TGT 2490 Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 07:39
⭐️ CRUDE OIL UPDATE⭐️
➡️Brent – Trading at $73.40 per barrel against the previous close of $72.81.
➡️WTI – Trading at $69.38 per barrel against the previous close of $68.75.
Oil prices settled lower on Wednesday after U.S. crude and gasoline stocks rose by more than expected last week, but losses were capped by worries about the intensifying war between major oil producer Russia and Ukraine.
Key Triggers
👉 U.S. Crude Oil Inventories rose by 0.5 million barrels, exceeding the forecast of -0.1 million barrels but below the previous 2.1 million barrels. At 430.3 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year. Gasoline rose by 2.1 million barrels, 4% below the five-year average. Distillates dropped by 0.1 million barrels, 4% below the five-year average. Total commercial petroleum inventories increased by 3.0 million barrels last week.
👉 U.S. refineries processed an average of 16.2 million barrels/day, a decrease of 281,000 barrels/day from the previous week. Refinery utilization stood at 90.2%, with reductions in gasoline and distillate fuel production to 9.3 million and 4.8 million barrels/day, respectively.
👉 Crude oil imports rose by 1.2 million barrels/day, averaging 7.7 million barrels/day. The four-week average was 6.6 million barrels/day, 2.7% higher than the same period last year. Gasoline imports averaged 0.374 million barrels/day, and distillate imports averaged 0.123 million barrels/day.
👉 Total products supplied averaged 20.7 million barrels/day over the past four weeks, up 1.2% from the same period last year. Motor gasoline supply averaged 8.9 million barrels/day (+0.5%), while distillates fell to 3.8 million barrels/day (-6.4%). Jet fuel supply decreased by 1.3%.
👉 Oil prices rose marginally on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine countered the impact from a bigger-than-expected increase in U.S. crude inventories.
Looking forward to: -
➡️ U.S. Natural Gas Storage
Outlook: Sideways
Recommendation: Buy Crude oil @ 5800 SL 5740 TGTs 5920, 5950
➡️Brent – Trading at $73.40 per barrel against the previous close of $72.81.
➡️WTI – Trading at $69.38 per barrel against the previous close of $68.75.
Oil prices settled lower on Wednesday after U.S. crude and gasoline stocks rose by more than expected last week, but losses were capped by worries about the intensifying war between major oil producer Russia and Ukraine.
Key Triggers
👉 U.S. Crude Oil Inventories rose by 0.5 million barrels, exceeding the forecast of -0.1 million barrels but below the previous 2.1 million barrels. At 430.3 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year. Gasoline rose by 2.1 million barrels, 4% below the five-year average. Distillates dropped by 0.1 million barrels, 4% below the five-year average. Total commercial petroleum inventories increased by 3.0 million barrels last week.
👉 U.S. refineries processed an average of 16.2 million barrels/day, a decrease of 281,000 barrels/day from the previous week. Refinery utilization stood at 90.2%, with reductions in gasoline and distillate fuel production to 9.3 million and 4.8 million barrels/day, respectively.
👉 Crude oil imports rose by 1.2 million barrels/day, averaging 7.7 million barrels/day. The four-week average was 6.6 million barrels/day, 2.7% higher than the same period last year. Gasoline imports averaged 0.374 million barrels/day, and distillate imports averaged 0.123 million barrels/day.
👉 Total products supplied averaged 20.7 million barrels/day over the past four weeks, up 1.2% from the same period last year. Motor gasoline supply averaged 8.9 million barrels/day (+0.5%), while distillates fell to 3.8 million barrels/day (-6.4%). Jet fuel supply decreased by 1.3%.
👉 Oil prices rose marginally on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine countered the impact from a bigger-than-expected increase in U.S. crude inventories.
Looking forward to: -
➡️ U.S. Natural Gas Storage
Outlook: Sideways
Recommendation: Buy Crude oil @ 5800 SL 5740 TGTs 5920, 5950
mastertrust
21 Nov, 07:28
Short-Term Calls BUY NSEPUT VOLTAS 28NOV2024 1660 @ 33.65 SL 24 TGT 52 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 07:27
Intraday Calls FO BUY NSEPUT NIFTY 21NOV2024 23300 @ 9.15 SL TGT 40 Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 07:25
BANKNIFTY 50400PE Book profit at 461 ; Short-Term Calls BUY NSEPUT BANKNIFTY 27NOV2024 50400 @ 400 SL 349 TGT 510 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 07:20
Short-Term Calls BUY PFC @ 456.25 SL 448 TGT 474 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 06:59
Short-Term Calls BUY NSEPUT BANKNIFTY 27NOV2024 50400 @ 400 SL 349 TGT 510 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 06:01
TATAPOWER SL HIT AT 409: Intraday call SELL TATAPOWER @ 402.75 SL 409 TGT 391 Disclaimer: https://bit.ly/49hBt1e
mastertrust
21 Nov, 05:44
POWER GRID CORP. LTD. Book profit at 321 ; Short-Term Calls BUY POWERGRID @ 316.3 SL 308.30 TGT 328 Validity - 15 days Disclaimer: https://bit.ly/49hBt1e
mastertrust
28 Oct, 01:30
INTERESTING READINGS FOR TODAY:
1. India's forex reserves fall by $2 billion to $688.27 billion as of October 18
https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-forex-reserves-fall-by-2-billion-to-688-billion/articleshow/114586062.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
2. IndiGo's turbulent ride in Q2: Airline battles higher fuel costs, grounded aircraft
https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/indigos-turbulent-ride-in-q2-airline-battles-higher-fuel-costs-grounded-aircraft/articleshow/114584565.cms
3. HPCL invested Rs. 3,771 crore in Q2FY25 to boost refining and marketing infrastructure
https://economictimes.indiatimes.com/industry/energy/oil-gas/hpcl-invested-rs-3771-crore-in-q2fy25-to-boost-refining-and-marketing-infrastructure/articleshow/114581309.cms
4. Income disparity in India has declined 74.2% since FY14, reveals SBI study
https://economictimes.indiatimes.com/news/economy/indicators/income-disparity-in-india-has-declined-74-2-since-fy14-reveals-sbi-study/articleshow/114586093.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
5. Higher rates, increasing credit costs to temper profits for microfinance cos says S&P
https://economictimes.indiatimes.com/industry/banking/finance/higher-rates-increasing-credit-costs-to-temper-profits-for-micro-finance-cos-says-sp/articleshow/114585033.cms
1. India's forex reserves fall by $2 billion to $688.27 billion as of October 18
https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-forex-reserves-fall-by-2-billion-to-688-billion/articleshow/114586062.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
2. IndiGo's turbulent ride in Q2: Airline battles higher fuel costs, grounded aircraft
https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/indigos-turbulent-ride-in-q2-airline-battles-higher-fuel-costs-grounded-aircraft/articleshow/114584565.cms
3. HPCL invested Rs. 3,771 crore in Q2FY25 to boost refining and marketing infrastructure
https://economictimes.indiatimes.com/industry/energy/oil-gas/hpcl-invested-rs-3771-crore-in-q2fy25-to-boost-refining-and-marketing-infrastructure/articleshow/114581309.cms
4. Income disparity in India has declined 74.2% since FY14, reveals SBI study
https://economictimes.indiatimes.com/news/economy/indicators/income-disparity-in-india-has-declined-74-2-since-fy14-reveals-sbi-study/articleshow/114586093.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
5. Higher rates, increasing credit costs to temper profits for microfinance cos says S&P
https://economictimes.indiatimes.com/industry/banking/finance/higher-rates-increasing-credit-costs-to-temper-profits-for-micro-finance-cos-says-sp/articleshow/114585033.cms
mastertrust
26 Oct, 10:29
Weekly Commodity Dossier - 28th October 2024
Disclaimer - https://bit.ly/3WWzJ8d
Disclaimer - https://bit.ly/3WWzJ8d
mastertrust
26 Oct, 05:34
The Weekly Equity Report - Market Pulse - 28th October 2024
Disclaimer - https://bit.ly/3WWzJ8d
Disclaimer - https://bit.ly/3WWzJ8d
mastertrust
25 Oct, 16:18
Crude Oil
Oil prices rebounded by 2.1% as investors monitor developments in Middle East tensions, including upcoming Gaza ceasefire talks. Israel's recent strike in southern Lebanon, resulting in the deaths of three journalists, and escalating regional risks have impacted market sentiment. Investors are also awaiting Israel's response to Iran's missile attack on October 1, with potential Israeli action possibly targeting military assets over nuclear or oil sites. Meanwhile, traders seek clarity on China’s economic stimulus efforts, though analysts caution that these measures may have a limited effect on oil demand.
Outlook: Sideways
Oil prices rebounded by 2.1% as investors monitor developments in Middle East tensions, including upcoming Gaza ceasefire talks. Israel's recent strike in southern Lebanon, resulting in the deaths of three journalists, and escalating regional risks have impacted market sentiment. Investors are also awaiting Israel's response to Iran's missile attack on October 1, with potential Israeli action possibly targeting military assets over nuclear or oil sites. Meanwhile, traders seek clarity on China’s economic stimulus efforts, though analysts caution that these measures may have a limited effect on oil demand.
Outlook: Sideways
mastertrust
24 Oct, 01:30
INTERESTING READINGS FOR TODAY:
1. Hindustan Unilever board decides to separate the ice cream business
https://economictimes.indiatimes.com/industry/cons-products/fmcg/hindustan-unilever-board-decides-to-separate-ice-cream-business/articleshow/114506409.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
2. India's diesel consumption to rise 3%-4% this fiscal: Indian Oil chairman
https://economictimes.indiatimes.com/industry/energy/oil-gas/indias-diesel-consumption-to-rise-3-4-this-fiscal-indian-oil-chairman/articleshow/114496902.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
3. NMDC has increased iron ore prices by over 18 pc since August
https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/nmdc-increases-iron-ore-prices-by-over-18-pc-since-august/articleshow/114493206.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
4. Microfinance institutions should refrain from reckless lending: DFS Secretary
https://economictimes.indiatimes.com/industry/banking/finance/microfinance-institutions-should-refrain-from-reckless-lending-dfs-secretary/articleshow/114501127.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
5. Indian entertainment industry lost Rs 22,400 Cr to piracy in 2023: EY-IAMAI Report
https://economictimes.indiatimes.com/industry/media/entertainment/indian-entertainment-industry-lost-rs-22400-cr-to-piracy-in-2023-ey-iamai-report/articleshow/114503950.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
1. Hindustan Unilever board decides to separate the ice cream business
https://economictimes.indiatimes.com/industry/cons-products/fmcg/hindustan-unilever-board-decides-to-separate-ice-cream-business/articleshow/114506409.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
2. India's diesel consumption to rise 3%-4% this fiscal: Indian Oil chairman
https://economictimes.indiatimes.com/industry/energy/oil-gas/indias-diesel-consumption-to-rise-3-4-this-fiscal-indian-oil-chairman/articleshow/114496902.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
3. NMDC has increased iron ore prices by over 18 pc since August
https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/nmdc-increases-iron-ore-prices-by-over-18-pc-since-august/articleshow/114493206.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
4. Microfinance institutions should refrain from reckless lending: DFS Secretary
https://economictimes.indiatimes.com/industry/banking/finance/microfinance-institutions-should-refrain-from-reckless-lending-dfs-secretary/articleshow/114501127.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
5. Indian entertainment industry lost Rs 22,400 Cr to piracy in 2023: EY-IAMAI Report
https://economictimes.indiatimes.com/industry/media/entertainment/indian-entertainment-industry-lost-rs-22400-cr-to-piracy-in-2023-ey-iamai-report/articleshow/114503950.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
mastertrust
23 Oct, 17:01
COMMODITY: STOPLOSS HIT AT 193, BUY NATURAL GAS MINI OCT FUT @ 196 SL 193 TGT 204 Disclaimer: https://bit.ly/49hBt1e
mastertrust
23 Oct, 16:30
Gold
Yellow Metal prices have pulled back from record highs due to profit-taking and reassessment of the Federal Reserve's interest rate cut expectations. Recent U.S. economic data suggests continued growth, leading markets to price in smaller rate cuts, impacting gold’s appeal. The 10-year U.S. Treasury yield hitting three-month highs also added pressure. However, with ongoing geopolitical tensions and U.S. election uncertainties supporting demand for safe-haven assets, a "buy on dip" strategy could be effective as gold remains a crucial hedge in this volatile environment.
Outlook: Buying on Dip
Yellow Metal prices have pulled back from record highs due to profit-taking and reassessment of the Federal Reserve's interest rate cut expectations. Recent U.S. economic data suggests continued growth, leading markets to price in smaller rate cuts, impacting gold’s appeal. The 10-year U.S. Treasury yield hitting three-month highs also added pressure. However, with ongoing geopolitical tensions and U.S. election uncertainties supporting demand for safe-haven assets, a "buy on dip" strategy could be effective as gold remains a crucial hedge in this volatile environment.
Outlook: Buying on Dip
mastertrust
23 Oct, 16:14
Crude Oil
Oil prices experienced volatility today, driven by a larger-than-expected rise in U.S. crude inventories, despite increased refining activity. While the inventory build typically pressures prices downward, the ongoing Middle East conflict has kept concerns about potential supply disruptions alive, preventing a sharp drop. Traders are navigating these opposing forces, leading to range-bound movements in oil prices. The market remains cautious, balancing between the increased U.S. crude supply and the geopolitical risks that could impact future availability. This tension is likely to keep prices fluctuating in the near term.
Outlook: Range Bound
Oil prices experienced volatility today, driven by a larger-than-expected rise in U.S. crude inventories, despite increased refining activity. While the inventory build typically pressures prices downward, the ongoing Middle East conflict has kept concerns about potential supply disruptions alive, preventing a sharp drop. Traders are navigating these opposing forces, leading to range-bound movements in oil prices. The market remains cautious, balancing between the increased U.S. crude supply and the geopolitical risks that could impact future availability. This tension is likely to keep prices fluctuating in the near term.
Outlook: Range Bound
mastertrust
23 Oct, 15:35
U.S. Crude Oil Inventories surged by 5.5M, far exceeding the 0.9M forecast and reversing the previous week's -2.2M decline
mastertrust
23 Oct, 14:44
Gold
Comex($/oz): 2731.50
MCX (Rs/10gms): 77859( - 797 pts)
Silver
Comex($/oz): 33.820
MCX (Rs/kg): 96908(- 3064 pts)
Dow Future: - 252 pts
Comex($/oz): 2731.50
MCX (Rs/10gms): 77859( - 797 pts)
Silver
Comex($/oz): 33.820
MCX (Rs/kg): 96908(- 3064 pts)
Dow Future: - 252 pts
mastertrust
23 Oct, 14:31
U.S. ECONOMIC DATA
Crude Oil Inventories
Actual 5.5M
Forecast 0.9M
Previous -2.2M
Crude Oil Inventories
Actual 5.5M
Forecast 0.9M
Previous -2.2M
mastertrust
23 Oct, 14:09
U.S. ECONOMIC DATA
Existing Home Sales
Actual 3.84M
Forecast 3.88M
Previous 3.88M
Existing Home Sales
Actual 3.84M
Forecast 3.88M
Previous 3.88M
mastertrust
23 Oct, 14:03
COMMODITY: BOOK PROFIT AT 6020, BUY CRUDEOIL MINI NOV FUT @ 5960 SL 5900 TGT 6070 Disclaimer: https://bit.ly/49hBt1e
mastertrust
23 Oct, 13:52
COMMODITY: BUY NATURAL GAS MINI OCT FUT @ 196 SL 193 TGT 204 Disclaimer: https://bit.ly/49hBt1e
mastertrust
23 Oct, 13:13
The domestic equity benchmarks ended with minor cuts on Wednesday, declining for the third day in a row. The Nifty settled below the 24,450 mark. Expensive valuations, muted earnings reported by major companies for the September-ending quarter so far, ongoing selling pressure from foreign portfolio investors (FPIs), rising tensions in the Middle East, and uncertainty surrounding the upcoming U.S. elections are some of the key factors currently weighing on the market. Pharma, auto and oil & gas stocks declined while IT, PSU bank and media shares advanced. The S&P BSE Mid-Cap index added 0.48% and the S&P BSE Small-Cap index gained 0.93%. Now, on the downside 24,300 holds the significant support level for Nifty (spot) and on the upside 24,600 holds the resistance level.
mastertrust
23 Oct, 12:54
COMMODITY: BOOK PROFIT AT 196, BUY NATURAL GAS MINI OCT FUT @ 191 SL 187 TGT 201 Disclaimer: https://bit.ly/49hBt1e
mastertrust
23 Oct, 12:50
COMMODITY: BUY CRUDEOIL MINI NOV FUT @ 5960 SL 5900 TGT 6070 Disclaimer: https://bit.ly/49hBt1e
mastertrust
23 Oct, 12:37
COMMODITY: TRAIL SL AT 192.5, BUY NATURAL GAS MINI OCT FUT @ 191 SL 187 TGT 201 Disclaimer: https://bit.ly/49hBt1e
mastertrust
23 Oct, 11:52
COMMODITY: BUY NATURAL GAS MINI OCT FUT @ 191 SL 187 TGT 201 Disclaimer: https://bit.ly/49hBt1e
mastertrust
19 Oct, 10:47
Weekly Commodity Dossier - 21st October 2024
Disclaimer - https://bit.ly/3WWzJ8d
Disclaimer - https://bit.ly/3WWzJ8d
mastertrust
19 Oct, 09:43
The Weekly Equity Report - Market Pulse - 21st October 2024
Disclaimer - https://bit.ly/3WWzJ8d
Disclaimer - https://bit.ly/3WWzJ8d
mastertrust
18 Oct, 16:18
Crude Oil
Crude Oil prices fell today, as concerns about China's slowing economic growth and reduced refinery output weigh on the market. China's third-quarter growth was the slowest since early 2023, and refinery output shrank for the sixth consecutive month due to weak margins and tepid fuel demand. Despite better-than-expected consumption and industrial production in September, the overall economic slowdown in China, the world's largest oil importer, raises concerns about future oil demand, contributing to the bearish sentiment in both WTI and Brent benchmarks this week.
Outlook: Sideways to Bearish
Crude Oil prices fell today, as concerns about China's slowing economic growth and reduced refinery output weigh on the market. China's third-quarter growth was the slowest since early 2023, and refinery output shrank for the sixth consecutive month due to weak margins and tepid fuel demand. Despite better-than-expected consumption and industrial production in September, the overall economic slowdown in China, the world's largest oil importer, raises concerns about future oil demand, contributing to the bearish sentiment in both WTI and Brent benchmarks this week.
Outlook: Sideways to Bearish
mastertrust
18 Oct, 15:52
COMMODITY: Exit at 284, BUY ZINC MINI OCT FUT @ 283.80 SL 281.7 TGT 288 Disclaimer: https://bit.ly/49hBt1e
mastertrust
18 Oct, 15:14
Gold
Comex($/oz): 2734.00
MCX (Rs/10gms): 77810( + 703 pts)
Silver
Comex($/oz): 32.770
MCX (Rs/kg): 94098(+ 2354 pts)
Dow Future: - 120 pts
Comex($/oz): 2734.00
MCX (Rs/10gms): 77810( + 703 pts)
Silver
Comex($/oz): 32.770
MCX (Rs/kg): 94098(+ 2354 pts)
Dow Future: - 120 pts
4,973
subscribers
11,925
photos
275
videos
![Equity By Research [EBR] Telegram Channel](/avatar/1536/1536515278.jpg)
