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Nifty ends around 17,600, Sensex gains 400 pts led by auto, metals; IT drags.
Buying is seen in the auto, bank, capital, metal, pharma, oil & gas and realty names. However, IT and power stocks remain under pressure.
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Topic :- Time:3.00 PM
Nifty spot if manages to close above 17540 level then expect some further upmove in the market in coming sessions and if it closes below above mentioned level then some sluggish movement can follow in the market.Avoid open positions for tomorrow.
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Topic :- Time:2.30 PM
CRUDEOIL Trading View:
CRUDEOIL is trading at 7365.If it holds below 7380 level then expect it to decline towards 7320-7300 levels quickly and if it manages to trade and sustain above 7380 level then some further upmove is expected in it.
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Topic :- Time:2.05 PM
Result Corner:
1. Pankaj Polymers Standalone June 2022 Net Sales at Rs 0.52 crore, up 9092.98% Y-o-Y
2. Sumedha Fiscal Standalone June 2022 Net Sales at Rs 9.95 crore, down 10.62% Y-o-Y
3. Intec Capital Standalone June 2022 Net Sales at Rs 1.09 crore, down 52.47% Y-o-Y
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Topic :- Time:2.00 PM
Nifty is gaining momentum now. Nifty spot if manages to trade and sustain above 17580 level then expect some further upmove in the market and if it breaks and trade below 17540 level then some decline can follow in it.
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Topic :- Time:1.15 PM
Just In:
Dreamfolks Services IPO: Latest GMP ahead of issue opening for subscription tomorrow
Dreamfolks Services IPO is entirely an OFS of up to 1.72 crore equity shares by promoters.
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Topic :- Time:1.00 PM
Nifty is likely to turn volatile now. Nifty spot if manages to trade and sustain above 17560 level then expect some quick upmove in the market and if it breaks and trade below 17520 level then some decline can follow in the Nifty.
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Topic :- Time:12.30 PM
COPPER Trading View:
COPPER is trading at 669.20.If it manages to trade and sustain above 670.20 level then expect some upmove in it and if it breaks and trade below 668.00 level then some decline can follow in it.
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Topic :- Time:12.15 PM
Just In:
5G smartphone searches up two times on Flipkart in first half of 2022.
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Topic :- Time:12.00 PM
Nifty is likely to turn volatile soon. Nifty spot if manages to trade and sustain above 17480 level then expect some upmove in the market and if it breaks and trade below 17440 level then some decline can follow in the Nifty.
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Topic :- Time:12.00 PM
Nifty is likely to turn volatile soon. Nifty spot if manages to trade and sustain above 17480 level then expect some upmove in the market and if it breaks and trade below 17440 level then some decline can follow in the Nifty.
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Topic :- Time:11.30 AM
News Wrap Up:
1. Sensex, Nifty volatile; Bajaj Finserv, M&M rise 2%, IT weak
2. Apple planning for made in India iPhone 14 by Diwali
3. India sees sharp decline in IT sectors ability to fund trade deficit
4. Infosys cuts average variable payout to 70% for Q1 on margin pressure
5. GE Shipping hits over 14-year high, stock zooms 83% thus far in 2022
6. Devyani International tanks 7% after over 2% equity traded via block deals
7. Eicher Motors gains 3%, hits new high; market cap nears Rs 1 trillion
8. Revenue Secy Tarun Bajaj gets additional charge of Corporate Affairs Secy
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Topic :- Nifty Opening Note
Indian Stock Market Trading View For 23 August,2022:
Nifty to remain volatile and is likely to follow global cues.
Nifty spot if manages to trade and sustain above 17520 level then expect some upmove and if it breaks and trade below 17440 level then some decline can be seen. Avoid big trades and trade as per market direction.
Please note this is just opening view and should not be considered as the view for the whole day.
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