Derivative Research Reports

Despite global markets showing some signs of recovery, last couple of months has been a period of consolidation for our markets. The price activity within this consolidation became lethargic as we saw overall trading range getting contracted in recent weeks. On Tuesday, we finally had a breakout from this congestion zone and thereby confirming couple …

In last couple of days, US markets have once again started marching northwards and in line with this, we opened higher after Wednesday’s quiet day of trade. Subsequently, index consolidated for a while; however post the mid session, we saw aggravated profit taking across the board. At one point, things did not look good but …

Since last few days, traders fraternity across the globe was keeping a close eye on important development with respect to the BREXIT. However, it turned out be a nonevent as we saw no major reaction on the global front. Yesterday morning, our markets opened on a flat note and then consolidated in a slender range …

Global markets were cheerful in the morning and hence, the set up was ideal for us to have a head start yesterday. Index opened higher in line with SGX Nifty and maintained its position above the 10800 mark throughout the first half. After a small pause, the buying interest re emerged during the penultimate hour …

Trading for the week began on a flat note despite weak cues from the global peers. However, this subdued opening was merely a formality as we saw index taking a nosedive right from the word go and within no time we were well off the opening point. Although, index remained under pressure for the major …

Last Fridays sharp recovery was followed by a gap up opening on Monday, citing positive cues from the global peers. However, the kind of follow up buying was needed after such head start, was clearly missing. Hence, we saw restricted moves on the same day and in fact, throughout the remaining part of the week. …

Globally, there was no major trigger for the financial markets and in line with this; we too had a flat start around 10850. During the first half, Nifty gradually corrected a bit and then consolidated for the remaining part to conclude the session with nearly three tenths of a percent loss from the previous close

Yesterday, our markets kicked off with a decent upside gap as the global set up was just ideal for such kind of head start. Subsequently, index consolidated for a while by maintaining overall upward bias. However, post the midsession, index abruptly took a nosedive and gave away nearly 100 points before anyone could realize. Fortunately …

Yesterday, we started the day on a flat note in line with other Asian peers. During the first half, index swayed on both sides with lot of volatility. However, in the second half, strong buying emerged at lower levels and thereafter, we had a steady up move to reclaim the 10800 on a closing basis

Yesterday morning, the global set up was just perfect to kick start the trading week on a cheerful note. Our benchmarks opened higher in line with the SGX Nifty; however, the follow up buying was clearly missing right from the word go. Index consolidated for the major part thereafter and eventually in the latter half, …

The inaugural week of 2019 started well as we were at a kissing distance from surpassing key hurdles. However, global turmoil once again spooked market participants and hence, we had a couple of terrible days of trade in the midst of the week. Fortunately, some respite was seen globally on Friday and hence, we eventually …

A global turmoil is weighing down heavily on our markets since last couple of days. We had wild swings on both sides in first couple of hours. However, Wednesdays high of 10810 acted as a stiff hurdle and throughout the remaining part; index extended the fall to eventually sneak below the 10700 mark on a …