Markets Score Weekly Gain Amid GST Boost; Swiggy, Ola In Focus | Closing Bell Live
The Nifty 50 gave up nearly 250 points from day’s high on account of profit booking, but still managed to end with moderate gains on September 4. Experts say the trend could strengthen further if the index sustains above the 20- and 50-day EMAs. On the downside, 24,700 has emerged as immediate support, and a breach of this could open the door for a decline toward the 24,500–24,400 zone. On the upside, 25,000 remains the key decisive level for a move toward 25,500. The GIFT Nifty is hinting at a positive start this morning. Among stocks in focus today: Sammaan Capital, Biocon, Aarti Drugs, and Varun Beverages. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder of NeoTrader, and Mayuresh Joshi, Head of Equity Research at William O’Neil India.
Analysts say this simplification could boost consumption, formalise the economy, and improve corporate earnings over the medium term.
Catch Nandita Khemka and Yatin Mota in conversation with Pankaj Tibrewal, founder and CIO of IKIGAI Asset Manager
Bulls staged a healthy comeback after a day of bearish action, lifting the Nifty 50 higher by 135 points on September 3. However, the index still could not surpass the previous day’s high of 24,756 — a crucial hurdle that will determine the strength of the next upmove. While sentiment improved after Monday’s slide, technical and momentum indicators continue to paint a mixed picture. Experts note that a decisive reclaim and sustain above 24,750 could pave the way for a rally towards 24,800, which coincides with the 50-day EMA, and eventually the psychologically key 25,000 mark. On the flip side, if the index fails to hold this zone, consolidation is likely to continue, with immediate support placed at 24,500 and a strong support zone seen at 24,400–24,300. Meanwhile, the GST Council has cleared the much-awaited two-slab rate structure, a move expected to provide a big boost to consumption and investment sentiment. Autos, FMCG, cement and insurance are the sectors likely to benefit the most and will remain in sharp focus in today’s trade. Catch Nandita Khemka in conversation with Pankaj Pandey, Head of Retail Research at ICICIDIRECT, and Chandan Taparia, Senior Vice President, Head – Derivatives & Technical Research at Motilal Oswal, as they decode the road ahead on Opening Bell Live.
Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar.
The Nifty 50 failed to hold on to follow-up buying on September 2, slipping 176 points from the day’s high to close 0.2 percent lower. The index was unable to sustain above the midline of the Bollinger Bands, tempering sentiment after Monday’s rebound. Analysts expect rangebound trade to persist until the benchmark climbs back above all key moving averages. On the downside, 24,400 is seen as immediate support, with 24,300–24,250 forming a crucial base. On the upside, resistance is pegged at 24,700–24,800, with 25,000 remaining a major hurdle. Meanwhile, the two-day GST Council meeting begins today, where the Centre’s proposal for a two-rate structure will be discussed. FMCG, Autos will continue to be in focus. Stocks in news include TCS, Waaree Energies, and Eternal. Tune in as Nandita Khemka speaks with Vishnu Kant Upadhyay, Assistant Vice President – Research & Advisory at Master Capital Services, and Puneet Sharma, CEO and Fund Manager at Whitespace Alpha.
Market takes a u-turn after strong start. Nifty ends below 24,600, sheds nearly 200 points from day's high. Midcap index trims gains but ends with gains. Breadth positive; NSE advance-decline ratio at 2:1. FMCG, metals, PSU banks & realty gain. Autos, pharma & IT see selling pressure. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar.
Indian equity market bounced back smartly on September 1 after a three-day slide, taking support at 24,420 and ending 0.8% higher to kick off the week on a positive note. That said, sentiment remains cautious, with experts flagging 24,630, the 100-day EMA, as the key hurdle. A sustained move above this level could power the Nifty towards 24,700-24,800 and even 25,000, while a break below 24,420 may drag it back to the August low of 24,330. This morning, GIFT Nifty is pointing to a gap-up open on what will be the index’s first Tuesday F&O expiry. Stocks in focus today include Hero MotoCorp, Hyundai Motor India, and IGL. Catch Nandita Khemka in conversation with Ajit Mishra, SVP - Technical Research at Religare Broking, and Rahul Arora, CEO at Nirmal Bang.
Near 200 point surge on the Nifty. Nifty reclaims 24,600; ends near day's high. GDP print, GST optimism leads to a strong start to september. Broader markets fired up; Nifty midcap up 2%. NSE advance-decline ratio at 5:2. Autos lead from the front; idex up nearly 3%. IT, PSU banks, realty in fine fettle; Pharma under pressure. Catch Nandita Khemka in conversation with Nirav R karkera, Head of Research, Fisdom.
In this episode of The Wealth Formula podcast, N Mahalakshmi speaks with Saurabh Mukherjea, Founder of Marcellus Investment Managers, on his core investing lessons thus far—valuations, portfolio sizing, and evaluating quality stocks and moats. Besides, in the current macroeconomic context, he believes India will ultimately settle at tariffs lower than China’s, ensuring the China-plus-one trade strategy pays off. While he sees the proposed GST redesign as a boost to consumption demand, he cautions that additional measures will be needed to offset uncertainties stemming from job losses and weak wage growth.
The Nifty logged its steepest weekly fall in five months, sliding 750 points from recent highs as tariff worries and relentless selling weighed on sentiment. Broader markets also closed lower, extending the losing streak to three sessions. Can India’s Q1 GDP numbers bring some relief to Dalal Street and revive bullish momentum? And what’s the best investment strategy in this volatile market? Find out on Opening Bell with Nandita Khemka in conversation with Bodhisatva Ganguli (Group Consulting Editor, Network18), Rajesh Palviya (Senior VP – Technical & Derivatives Research, Axis Securities), and Sushant Bhansali (CEO, Ambit Asset Management).
Nifty fell sharply as the 50 percent tariffs came into effect, slipping 600 points over the past five sessions and ending below 24,550 amid heightened volatility. Broader markets continued to underperform, with IT and realty leading the losses, each shedding over 1.5 percent, while consumer durables stood out as the sole gainer. Key cues for today include Reliance Industries’ AGM and the release of the Q1 GDP print. This morning, global cues were mixed. Asian markets traded mixed as core inflation in Japan slows. Meanwhile, US markets ended higher overnight, with S&P 500 ending above 6,500 for the first time ever. Catch Lovisha Darad in conversation with Raja Venkatraman, Co-Founder - NeoTrader & Trading Influencer and Dipan Mehta, Director, Elixir Equities.
Sensex Extends Drop To 2nd Day, Down 650 Pts. Nifty Slips Below 24,550 On Monthly Expiry Day. Consumer Durable Stocks Shine In Weak Market. All Sectors Nosedive In Red; IT, Realty Top Drags. Broader Markets Extend Underperformance. Nifty Ends Aug Series In Red, Down For 2nd Time. Nifty Auto Best Performer In August Series. Nifty Pharma, Bank Top Laggards In Aug Series. Nifty 50 Gainers: Titan, Adani Ent, Hero Moto. Nifty 50 Losers: Shriram Fin, HCL Tech, Infosys. Catch Lovisha Darad and Yatin Mota as they discuss stocks on their radar.
Indian equity benchmarks Sensex and Nifty slipped to a three-month low on Tuesday, with the Nifty shedding 250 points to close below the 24,750 mark. Despite the weak sentiment, auto and FMCG heavyweights managed to hold their ground, offering some support to the indices. On the flip side, Nifty Realty and Consumer Durables bore the brunt of the sell-off, emerging as the worst-hit sectors. Broader markets also continued to underperform, reflecting a cautious undertone across the street. This morning, global cues were mixed. US markets were positive overnight with the S&P 500 clocking record close. Asia Pacific markets however fell this morning as investors watch out Bank of Korea's policy decision. Catch Lovisha Darad in conversation with Chandan Taparia, Senior Vice President, Head - Derivatives & Technical Research, Motilal Oswal and Vikas Gupta, CEO & Chief Investment Strategist, OmniScience Capital.
Tariff Worries Hit Dalal Street. Trump's Additional Tariffs To Kick In Tomorrow. Sensex Slips 650 Pts, Nifty Below 24,800. Broader Markets Bleed; India Vix Up 2%. Sectors In Red Barring Auto, FMCG. GST Rationalisation Ignites Consumption. Nifty 50 Gainers: Eicher Motors, HUL, Maruti. Nify 50 Losers: Shriram Finance, Sun Pharma, Bajaj Finance. Catch Lovisha Darad and Yatin Mota as they discuss stocks on their radar.
Nifty staged a smart rebound on the back of the US Fed’s dovish signal but ended below the key resistance level of 25,000. IT heavyweights like Infosys, TCS, and Wipro led the gains, while metals and consumer durables also stood out among the top performers. On the flip side, Nifty Media and FMCG indices saw notable declines, and the broader markets underperformed the benchmark. Meanwhile, two new IPOs – Vikran Engineering and Anlon Health – are set to open today. This morning, global cues were muted. US markets retreated overnight as US President fired first Black female governor Lisa Cook over mortgage allegations. Asian markets also faltered this morning as reports suggested that Donald Trump warned 200 percent tariffs on China if they did not export rare earth magnets. Catch Lovisha Darad in conversation with Ajit Mishra--SVP, Technical Research, Religare Broking and Gaurang H Shah, Sr. Vice President, Geojit Financial Services.
FED's Dovish Signal Lights Up D-street. Sensex Surges Over 300 Pts, Nifty Above 24,950. IT, Metal Stocks Outperform. Broader Markets Eke Slim Gains; India Vix Up. Nifty 50 Gainers: Infy, TCS, HCL Tech. Nifty 50 Laggards: Apollo Hospital, Adani Ent, BEL. Catch Lovisha Darad and Yatin Mota as they discuss stocks on their radar.
Nifty snapped its six-week winning streak, slipping below 24,900, even as it managed to end the week with 1% gains. Auto heavyweights emerged as top gainers, while Grasim and Asian Paints were among the biggest laggards. Broader markets saw profit-booking through the week. Globally, sentiment was buoyed after Fed Chair signaled that a rate cut is imminent in the next policy meet. This week, all eyes will be on key cues such as the August 27 double tariffs and the Prime Minister's visit to China. This morning, global cues were positive. US markets closed higher on Friday as US Federal Reserve Chair Jerome Powell signaled that monetary policy easing can begin as soon as next month. Asian markets, too, opened higher this morning. Catch Lovisha Darad in conversation with Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities and Sunil Subramaniam -Market Expert.
Nifty snaps 6-day winning streak, closes below 24,900. Market ends near the low point of the day. Second straight week of gains for D-Street. Broader markets outperform; NSE Adv-Dec ratio at 2:3. Nifty bank slides over a percent. FMCG, IT & metals under pressure. Pharma gains for a second day. Catch Nandita Khemka in conversation with Nilesh Jain, Head VP- Derivative and Technical Research, Centrum Broking Ltd
Bulls power ahead as the Nifty notches its sixth straight day of gains, firmly holding above the 25,000 mark even as profit booking kicks in. With the index eyeing key resistance levels, can this rally sustain momentum or is a pause around the corner? All eyes are on Jerome Powell’s Jackson Hole speech for global cues, while back home, stocks like Apollo Hospitals and Wipro grab the spotlight. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder of NeoTrader, and Nikhil Khandelwal, MD of Systematix Group, as they decode the market’s next move
Nifty extends winning steak for 6th day. Longest winning streak in over 2 months. Midcaps take a pause; Breadth favours gainers. Pharma makes a comeback. Real estate stocks extend gains for 4th day. FMCG stocks see profit booking after three-day rally. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar.
The Nifty 50 continues to ride on strong momentum, closing above the key psychological milestone of 25,000 for the very first time. The index added 70 points on August 20, extending its winning streak to a fifth straight session, ahead of the weekly F&O expiry. Technical indicators remain supportive of the bulls, with short-term moving averages pointing higher and analysts suggesting that as long as the index sustains above the 25,000 mark, the near-term upside targets of 25,170 and 25,250 remain in play. On the flip side, 24,850 — the low of Monday’s bullish breakaway gap day — is likely to serve as a strong support zone. However, global cues are turning out to be mixed, and early trends from the GIFT Nifty are hinting at a muted start to the trading day. Among individual stocks, Ultratech, Clean Science, and Vedanta will be in focus, while investors will also be tracking developments as the Finance Minister addresses the Group of Ministers on rate rationalisation. Catch Nandita Khemka on Opening Bell Live as she discusses the market set-up, trading strategies, and stock ideas with Chandan Taparia, Senior Vice President and Head of Derivatives & Technical Research at Motilal Oswal, and Anand K Rathi, Co-Founder of MIRA Money.
Nifty clocks 5-day winning streak. Nifty ends above 25,000 after 3 attempts. Mid & smallcaps extend gains; breadth positive. IT sees big buying; Infosys, TCS lead. Banks underperform; pharma extends losses. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar.
The Nifty 50 notched its fourth straight gain on August 19, adding 0.4 percent, though it stayed within the previous day’s range. The index continues to trade above key moving averages, with momentum indicators signaling a bullish crossover. Experts suggest that while some consolidation may follow the recent rally, the broader trend remains positive. A decisive move above 25,000 is seen as critical for a further climb toward 25,250, while 24,850 (Monday’s low) is likely to provide near-term support. Meanwhile, gaming stocks such as Nazara Tech and Delta Corp will be in focus after the government moved to ban all money-based gaming transactions under the Online Gaming Bill. Tune in to Opening Bell Live with Nandita Khemka in conversation with Jay Thakkar, Head of Derivatives and Quant Research at ICICI Securities, and Siddharth Bothra, Fund Manager, Equity at Ambit Asset Management.