Resurgent Sensex & Nifty Amid Global Stock Market Rally, Fed Speeches, and Earnings Season in Focus
Last week, Sensex & Nifty experienced a robust resurgence. The global stock markets, particularly in the US, saw a notable uptick, primarily due to a significant drop in UST levels to 4.5%.
Dated 6 Nov 2023
By Team INRBonds
Global cues will set trend for Sensex & Nifty
The first week of 2023 will be dominated in the US by non-farm payrolls report, and the Federal Reserve December policy-meeting minutes. Also, investors will follow closely global PMI levels which will be released in this week.
Dated 2 Jan 2023
By Team INRBonds
Weak global cues and monthly F&O expiry would spurt volatility
Sensex & Nifty would witness rise in volatility amid negative global cues and sharp fall in USDINR (which will force RBI to hike interest rates sharply). However, sharp decline in oil prices is something to cheer for.
Dated 25 Sept 2022
By Team INRBonds
Sensex & Nifty to remain range-bound
Global cues will be key trends to watch as investors will be keenly watching ECB outcome.
Dated 4 Sept 2022
By Team INRBonds
Steeper the rate hike by RBI, stronger the short-term rally for Sensex & Nifty
Nifty gained by 8% in the month of July amid tracking global equities rally. Domestic markets would rally if RBI hikes interest rates aggressively on expectations of policy stability going forward.
Dated 31 Jul 2022
By Team INRBonds
Volatile week ahead for Sensex & Nifty
Action packed week ahead for investors as Fed will come out with policy-meeting outcome, US will report GDP growth and corporate earnings. Monthly F&O contracts expiry is another factor which would spurt volatility in the markets.
Dated 24 Jul 2022
By Team INRBonds
Global cues will set trend for Sensex & Nifty
Selling spree continues as FIIs/FPIs sold Rs. 391 billion in May 2022. Investors will watch out for US jobs data and service PMI levels. Q4 earnings will keep domestic investors busy and GDP growth figures will be released.
Dated 29 May 2022
By Team INRBonds
Sensex & Nifty to be range-bound with bearish bias
Selling pressure likely to continue in markets despite any pullback in indices. FIIs pulled out whooping amount of Rs.1523 billion (YTD) from domestic equities and near-term negative global cues will weigh on investors sentiment.
Dated 15 May 2022
By Team INRBonds
Sensex & Nifty likely to be range bound
Investors will watch out for new covid cases rise in Europe and China which is causing lockdown in few cities of China. FIIs/FPIs have sold Rs. 355 billion in February 2022 and Rs. 420 billion in March 2022 (as of 21st March 2022).
Dated 20 Mar 2022
By Team INRBonds
Turbulent week ahead for Sensex & Nifty
Investors will watch out for developments in Russia and Ukraine matter, ECB policy-meeting minutes, OPEC+ meeting and US non-farm payroll data. China will release PMI levels GDP growth data. Domestic investors will watch-out for Q3 GDP growth data.
Dated 27 Feb 2022
By Team INRBonds
Upbeat numbers from HDFC Bank would boost market sentiment
Investors will watchout for ECB policy-meeting minutes, earnings reports from Goldman Sachs & Netflix and China Q4 GDP growth figures. Bajaj Finance, Cipla, Tatva Chintan, Ultratech Cements, and Bajaj Auto will report Q3 earnings.
Dated 16 Jan 2022
By Team INRBonds
Fed commentary & domestic inflation data will be keenly watched
Markets will react to domestic industrial output data came in at 3.2% YoY compared to 3.1% growth in previous month as the low base effect wanes. Market participants will watchout for FED & ECB policy-meeting outcome and domestic inflation data.
Dated 12 Dec 2021
By Team INRBonds
Choppy week ahead; Sensex & Nifty50 to remain under pressure
Sensex and Nifty50 will react to PM Narendra Modi decision of revoking the 3 farm laws and to the deal termination between Reliance Industries & Saudi Aramco. . F&O monthly expiry will also add additional pressure to the market in this week.
Dated 22 Nov 2021
By Team INRBonds
Sensex & Nifty to inch up as volatility descends
Global equities turned volatile during the start of the last week on the back of higher inflation figures recorded in US. However, Fed is acting as cool as cucumber when it come to inflationary pressures as it still believes it is transitory.
Dated 15 Nov 2021
By Team INRBonds
US NFP and quarterly earnings will be keenly watched
Big week for the Indian primary markets, 5 companies would be aiming for successful subscription. Result seasons is underwhelming as many corporates are concerned about rising raw material costs which is impacting margins
Dated 31 Oct 2021
By Team INRBonds
Jolted US Jobs Data, Positive for Sensex & Nifty ?
US NFP data came in lower than expectations which is positive for emerging markets but, its unlikely that Fed would change the course of guidance of taper program and rate hikes. Domestic investors will watch out for IIP, Inflation data and Q2 domestic earnings.
Dated 10 Oct 2021
By Team INRBonds
RBI policy outcome and Q2 earnings expectations will guide markets
In the coming week, domestic investors will watch out for RBI policy outcome, Q2 domestic earnings will start from this Friday with TCS will be reporting after market hours. US jobs report and OPEC+ meeting outcome will be keenly watched.
Dated 4 Oct 2021
By Team INRBonds
Sensex at 60k, Presto!
Sensex touched 60K level and Nifty is just shy away from 18K level. Monthly F&O expiry would spurt volatility in the domestic markets. Going forward, investors will lookout for earnings season with IT companies to come out first and global manufacturing PMI levels.
Dated 26 Sept 2021
By Team INRBonds
Cloud of uncertainties would limit short-term gains
Investors will watch out for PMI data points and US non-farm payroll data. OPEC+ meeting is scheduled in the week which would provide guidance on production plans for rest of the year. Domestic investors will watch out for June Auto sales data and trade figures.
Dated 28 Jun 2021
By Team INRBonds
Macro-economic data will be keenly watched by investors
Domestic inflation data, the balance of trade, and RBI policy meeting minutes will keenly be watched by investors. 4 fresh IPOs would keep Indian primary markets busy this week, total cumulative fundraise would be Rs. 91 billion.
Dated 13 Jun 2021
By Team INRBonds
RBI Policy Outcome Will Set Trend for Sensex & Nifty
Reading Time - 5 minutes
Dated 5 Apr 2021
By Team INRBonds
Equity markets to be volatile on spiking bond yields
S&P BSE Sensex & Nifty tumbled as much as 1% on Friday, due to renewed concerns over a spike in bond yields. India's yield on 10-year benchmark government bond touched trade at 6.24% close to 11-month high on Wednesday. Reading time 5 minutes.
Dated 15 Mar 2021
By Team INRBonds
FM Speech on Budget and RBI Monetary Policy will Set Cues for Sensex & Nifty
S&P BSE Sensex shed 560 points on Friday, in line with global weakness across markets as investors worried over stretched valuations. . On macro-front, Infrastructure output in India dropped by 1.3% .
Dated 31 Jan 2021
By Team INRBonds
Concerns Over Valuations Rise as Investors Risk Appetite Decline
S&P BSE SENSEX shed 550 points on Friday, tracking US equities that ended lower overnight amid concerns that President Donald Trump's impeachment is complicating the early days of Joe Biden's presidency
Dated 18 Jan 2021
By Team INRBonds
Q3Fy21 Earnings Will be Keenly Watched
BSE Sensex index closed at record high 47,868 mark. According to Reuters, the budget expansion will rely on asset sales of around USD 40 billion for some of the funding and also India is likely to spend more next fiscal year than this year's budgeted.
Dated 4 Jan 2021
By Team INRBonds
Sensex & Nifty to Witness Higher Volaitlity Due to F&O Expiry & Spike in Covid Cases
S&P BSE Sensex gained 280 points on Friday, due to Covid-19 vaccine effectiveness and expectation of faster economy recovery as the festive season have shown positive demand trends.
Dated 23 Nov 2020
By Team INRBonds
Q2Fy21 Earnings & Macro-Economic Data will be Watched
BSE Sensex & Nifty witnessed strong weekly gains of 4.68% & 4.36%, respectively. Upbeat deposit growth & loan book growth from HDFC Bank, Bajaj Finance, Bandhan Bank, and IndusInd Bank boosted market sentiment, S&P BSE Banked surged by 5% during the last week
Dated 12 Oct 2020
By Team INRBonds
RBI Policy Outcome will Set Trend for Sensex & Nifty
The BSE Sensex index rebounded sharply on Friday as reports of likely stimulus package from government ahead of festive season boosted market sentiment. During last week, Sensex & Nifty declined by -3.75% & -3.95%.
Dated 28 Sept 2020
By Team INRBonds
Q1Fy21 Results Tracker
India Inc reported weak Q4Fy20 earnings due to disruptions caused in operations due to Covid-19 pandemic and weak demand acted as a catalyst for lower earnings growth. The guidance for Q1Fy21 by most of the companies had been cautious due to the lockdown of states for a prolonged time.