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NIfty Round Up For 18 March,2024:

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Nifty around 22,050, Sensex up 100 pts; auto, metal, realty gain:


Indian benchmark indices ended on a positive note in the volatile session on March 18 with Nifty around 22,050.


Tata Steel, M&M, JSW Steel, Tata Motors and Apollo Hospitals were among the top gainers on the Nifty, while losers included Tata Consumer Products, UPL, Infosys, TCS and Titan Company.


Among sectors, capital goods, healthcare, auto, realty, metal, media up 0.5-3 percent, while IT, and FMCG down 0.5-1 percent.


BSE Midcap and Smallcap indices ended on a flat note.


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Topic :- Time:3.00 PM


Nifty spot if manages to hold and close above 22040 level then expect some further pull back in the market in coming sessions and if it closes below above mentioned level then some sluggish movement can be seen. Avoid open positions for tomorrow.


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Topic :- Time:3.00 PM


Nifty spot if manages to hold and close above 22040 level then expect some further pull back in the market in coming sessions and if it closes below above mentioned level then some sluggish movement can be seen. Avoid open positions for tomorrow.


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Topic :- Time:2.30 PM


GOLD Trading View:

GOLD is trading at 65475. If it manages to trade and sustain above 65500 level then expect some upmove in it and if it breaks and trade below 65420 level then some decline can follow in it.


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Topic :- Time:2.40 PM


Just In:

Narayana Murthy gifts Infosys shares worth ₹243 crore to grandson Ekagrah Rohan Murty


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Topic :- Time:2.10 PM


Nifty future cmp-22150. Immediate Support- 22134 and Resistance: 22180. Expect 50-60 points move in nifty future in either direction whichever gets breached first.


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Topic :- Time:2.10 PM


Rekha Rakesh Jhunjhunwala-backed Baazar Style Retail has filed its draft red herring prospectus (DRHP) with Sebi to raise funds from public.



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Topic :- Time:1.50 PM


Just In:

J Kumar Infra wins ₹334.25-crore project from NBCC to build Delhi Transport Corporation depot.


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Topic :- Time:1.10 PM


Nifty spot is trading at 22072. If it manages to trade and sustain above 22100 level then expect some upmove in the market and if it breaks and trade below 22040 level then some decline can further follow in the Nifty.


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Topic :- Time:12.30 PM


COPPER Trading View:

COPPER is trading at 760. If it holds below 762.40 level then expect it to test 756-755 levels quite soon and once it manages to trade and sustain above 762.40 level then some upmove can be seen in the Copper.


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Topic :- Time:12.15 PM


Just In:

Torrent Power gains over 7% on bagging 300 MW wind solar hybrid project.


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Topic :- Time:12.00 PM


Nifty is trading in a range however traders should wait for clear cues before taking big positions. Nifty spot if manages to trade and sustain above 22020 level then expect some upmove in the market and if it breaks and trade below 21980 level then some decline can be seen in it.


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Topic :- Time:11.45 AM


Just In:

Let SBI not be selective in disclosure�: Supreme Court asks bank to submit affidavit that no info on electoral bonds has been withheld.


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Topic :- Time:11.30 AM


News Wrap Up:

1. Sensex, Nifty in red; IT, Banks lead drags, Metals shine

2. Several of Adanis dollar bonds fell most in over six months on US probe

3. US probe into alleged bribery by Adani takes big toll on shares

4. Police close rape charges case against Sajjan Jindal

5. Putin cautions on World War 3 after landslide victory

6. BAT sells 3.5% stake in ITC.

7. Bhartis OneWeb vies to outpace Starlink and Jio

8. Bata India MD on driving premiumisation

9. Adani ready with Rs 1.2 lakh crore plan for FY 25

10. Coforge board nod to raise Rs 3,200 crore amid IPO withdrawal



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Topic :- Time:11.00 AM


After minor negative opening nifty is still trading in red zone with minor losses. Nifty spot if breaks and trade below 21980 level then expect some decline in it and if it manages to trade and sustain above 22020 level then some upove can be seen in the market.


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Topic :- Nifty Opening Note


Indian Stock Market Trading View For 18 March,2024:


Nifty is likely to remain volatile and is expected to follow global cues. Traders are advised to wait for some time before taking delivery long positions and should prefer to do day trading. 


Nifty spot if manages to trade and sustain above 22060 level then expect some upmove in the market and if it breaks and trade below 21980 level then some decline can be seen in the market. Please note this is just opening view and should not be considered as the view for the whole day.


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India's February trade deficit widens to $18.71 billion, exports at 11-month high

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India's merchandise trade deficit widened to $18.71 billion in February from $17.49 billion in January, the commerce ministry said on March 15. The trade deficit stood at $16.57 billion in February 2023.

While the trade deficit widened in February, exports rose by 11.9 percent from the year-ago period to $41.40 billion and imports were up 12.2 percent at $60.11 billion.

At $41.40 billion, India's merchandise exports in February were the highest in 11 months. The last time they were higher was in March 2023, when they come in at $41.96 billion. Imports, meanwhile, were at a four-month high.


In terms of the year-on-year increase, the export growth seen in February is the highest since a 30.1 percent rise was posted in June 2022. The import growth of 12.2 percent in February is the highest since September 2022's 12.6 percent.

"Despite the Ukraine war, Suez Canal, tight monetary policies in western world and fall in commodity prices, February trade data has surpassed all our expectations, with highest export growth achieved in both goods and services in the last 11 months," Commerce Secretary Sunil Barthwal told the media.

"When we close 2023-24, (we) expect overall exports to be higher than last fiscal's record export figures," he said.

India's merchandise exports in 2022-23 were $451.07 billion, while services exports stood at $325.33 billion. 

Total exports amounted to $776.40 billion, 14.8 percent higher than in 2021-22.For April 2023-February 2024 as a whole, India's trade deficit amounted to $225.20 billion, down from $245.94 billion in the first 11 months of 2022-23.

Stock Market Wrap Up For 14 March,2024

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Share Market Closing Note


At close, Sensex was up 335.39 points or 0.46% at 73,097.28 and Nifty was up 149 points or 0.68% at 22,146.70.


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Topic :- Time:3.00 PM


Nifty spot if holds above 22080 level on closing basis then expect some further pullback in the market in coming sessions and if it closes below above mentioned level then some sluggish move may happen. Avoid open positions for tomorrow.


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Topic :- Time:2.30 PM


CRUDEOIL Trading View:

CRUDEOIL is trading at 6657.If it holds above 6630 level then expect quick upmove in it till 6700-6720 level and if it breaks and trade below 6630 level then some decline can follow in it.


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Topic :- Time:2.10 PM


Nifty is trading volatile now and due to uncertainty one should avoid big positions. Nifty spot if manages to trade and sustain above 22120 level then expect some upmove in the market and if it breaks and trade below 22000 level then some decline can be seen in the Nifty.


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Topic :- Time:1.10 PM


Just In:

Railway stocks bounce back; IRFC, Railtel, RVNL, others surge up to 11%


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Topic :- Time:1.00 PM


Nifty spot if manages to trade and sustain above 22180 level then expect some upmove in it and if it breaks and trade below 22140 level then some decline can follow in the market.


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Topic :- Time:12.30 PM


COPPER Trading View:

COPPER is trading at 751.75. If it manages to trade and sustain above 753 level then expect some upmove and if it breaks and trade below 749.80 level then some decline can be seen in it.


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Topic :- Time:12.15 PM


Just In:

One nation, one election: Ram Nath Kovind panel submits report to President Droupadi Murmu.


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Topic :- Time:12.00 PM


Indian stock market is showing sharp recovery today however participation of banknifty is still less. Nifty spot if manages to trade and sustain above 22180 level then expect some further upmove in the market and if it breaks and trade below 22140 level then some decline can be seen in the market.


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Topic :- Time:11.45 AM


Just In:

Fitch expect RBI to cut rate b 50 BPS.



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Topic :- Time:11.30 AM


News Wrap up:

1. Sensex recovers from days low, jumps 200 pts

2. An $80 billion crash in Indian smallcaps flashes warning signs

3. Fitch raises Indias GDP forecast, trims aim for China

4. 374 smallcaps fall at least 30% from peak

5. Investors warm up to Vi, but fundraising call on hold

6. Found negligence by Byjus auditors: ICAI

7. Hindenburgs objective to destabilise us: Adani 

8. RIL arm invests Rs 853 cr in its subsidiaries

Share Market Wrap Up Note For 12 March,2024

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hare Market Closing Note


Nifty flat, Sensex up 165 points; IT gains, realty top drag:


Indian equity indices ended mixed in the volatile session on March 12.


At close, the Sensex was up 165.32 points or 0.22 percent at 73,667.96, and the Nifty was up 3.00 points or 0.01 percent at 22,335.70.


Top gainers on the Nifty included HDFC Bank, TCS, LTIMindtree, Maruti Suzuki and Infosys, while losers were Adani Enterprises, Cipla, Grasim Industries, Adani Ports and SBI.


On the sectoral front, except IT all other indices ended in the red with realty index down nearly 3.5 percent, PSU Bank and Media indices down 2 percent each, while capital goods, FMCG, healthcare, metal and power indices fell 1 percent each.


BSE Midcap index down 1.3 percent and Smallcap index shed 2 percent.


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Topic :- Time:3.00 PM


Nifty spot if holds above 22300 level on closing basis then expect some pull back in the market in coming sessions and if it closes below above mentioned level then some sluggish move may further follow in the Nifty.


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Topic :- Time:2.50 PM


Just In:

Billions of FII dollars may chase Indian stocks in poll season



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Topic :- Time:2.30 PM


SILVER Trading View:

SIVLER is trading at 74552. If it manages to trade and sustain above 74650 level then expect some upmove in it and if it breaks and trade below 74450 level then some decline can be seen in Silver.


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Topic :- Time:2.15 PM


Just In:

Nayab Saini to be new Haryana CM after Manohar Lal Khattar.


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Topic :- Time:2.00 PM


Nifty is still trading in a small range. Nifty spot if manages to trade and sustain above 22400 level then expect some upmove in it and if it breaks and trade below 22340 level then some decline is possible. As movement is less so either avoid trading or trade with less quantity.


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Topic :- Time:1.30 PM


CRUDEOIL Trading View:

CRUDEOIL is trading at 6497. If it manages to trade and sustain above 6505 level then expect some quick upmove in the market and if it breaks and trade below 6480 level then some decline can be seen in the Crudeoil.


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Topic :- Time:1.15 PM


Just In:

NSE cuts transaction charges across segments from April 1.


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Topic :- Time:1.10 PM


Just In:

Indian military begins exit from Maldives after pro-China presidents order


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Topic :- Time:1.00 PM


Nifty is highly range bound. Traders should avoid big trades for now and should wait for some movement. Nifty spot if manages to trade and sustain above 22380 level then expect some upmove and if it breaks and trade below 22340 level then some decline can be seen in the Nifty.


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Topic :- Time:12.30 PM


COPPER Trading View:

COPPER is trading at 736.70. If it manages to trade and sustain above 737.50 level then expect some upmove in it and if it breaks and trade below 735 level then some decline can be seen in it.


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Topic :- Time:12.25 PM


Just In:

Aditya Birla Sun Life AMC promoters likely to launch OFS to sell 5% stake.


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Topic :- Time:11.55 AM


For Now:

Nifty future cmp-22457. 

Support: 22390-22350

Resistance: 22485-22520


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Topic :- Time:11.45 AM


Just In:

Manohar Lal Khattar resigns as Haryana chief minister


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Topic :- Time:11.30 AM


News Wrap Up:

1. Nifty, Sensex trim gains; Bank Nifty slips 1% from days high

2. SIP closure ratio at 27 month-low of 43% in February: AMFI data

3. R K Swamy IPO makes tepid debut, lists at 13% discount

4. ITC shares slip under Rs 400-mark, down 2% as BAT prepares to pare part stake this week

5. India hits back at Chinas protest over PM Modis Arunachal visit

6. PM Modi inaugurates and lays foundation stone of Rs 85,000 crore railway projects

7. Crypto may debut on LSE, Bitcoin blazes past $70k, Reddit to launch IPO

8. Sebi chief flags bubble in midcap, smallcap space


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Topic :- Time:11.00 AM


After flat to negative opening nifty is now trading in green zone. Nifty spot if manages to trade and sustain above 22380 level then expect some upmove and if it breaks and trade below 22340 level then some decline can be seen.


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Hidden Gems For Investment. Watch it out

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In the vast landscape of the stock market, there lies a realm often overlooked by the masses – the realm of hidden gem investments. These are the diamonds in the rough, the under-the-radar companies with immense potential waiting to be unearthed by savvy investors.

While many flock to popular stocks and trends, the true magic of investing often lies in uncovering these hidden gems – companies with strong fundamentals, innovative products or services, and promising growth prospects that have yet to be fully recognized by the market.

So, how does one go about finding these hidden gems? It requires a blend of research, patience, and a keen eye for spotting opportunities where others may not. Start by delving into sectors that are often overlooked or undervalued, keeping an ear to the ground for emerging trends or disruptive technologies.

Additionally, look for companies with solid financials, strong management teams, and a unique value proposition that sets them apart from the competition. Pay attention to metrics like revenue growth, profit margins, and cash flow to gauge the health and potential of a company.

But perhaps most importantly, don't underestimate the power of patience. Hidden gem investments may take time to fully blossom, but for those willing to wait and hold steadfast in their belief, the rewards can be significant.

In a world where the spotlight often shines brightest on the biggest names and hottest trends, there's a certain thrill in discovering the hidden gems that have yet to be fully appreciated. So, roll up your sleeves, dig deep, and embark on the journey of uncovering hidden gems for investment – you never know what treasures you may find.

Undiscover HIDDEN GEM STOCKS in THIS VIDEO:



Mastering Long-term Investing: Essential Tips for Success in the Indian Stock Market

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Introduction:

Investing in the Indian stock market can be a lucrative endeavor, especially when approached with a long-term perspective. While short-term fluctuations can be unpredictable, adopting a strategic and patient approach can yield significant returns over time. In this article, we'll explore some essential tips for long-term investing in the Indian stock market, helping you navigate the complexities and maximize your investment potential.


Conduct Thorough Research:

Before diving into the market, it's crucial to conduct thorough research on potential investment opportunities. This includes analyzing the fundamentals of companies, understanding their business models, financial health, growth prospects, and competitive positioning. Additionally, keep abreast of macroeconomic factors and industry trends that could impact your investments.


Diversify Your Portfolio:

Diversification is key to managing risk in any investment portfolio. Spread your investments across different sectors, industries, and asset classes to minimize the impact of any single adverse event. In the Indian context, consider diversifying across sectors such as IT, pharmaceuticals, consumer goods, and financial services, among others. This approach can help mitigate the inherent volatility of the stock market.


Focus on Quality Stocks:

In the pursuit of long-term wealth creation, prioritize quality over short-term gains. Look for companies with strong fundamentals, sustainable competitive advantages, and robust track records of performance. Blue-chip stocks with established market positions, consistent earnings growth, and shareholder-friendly management are often favored by long-term investors.


Practice Patience:

Long-term investing requires patience and discipline. Avoid succumbing to the temptation of frequent trading or trying to time the market. Instead, stay focused on your investment objectives and remain committed to your chosen investment strategy, even during periods of market volatility. Remember, successful investing is a marathon, not a sprint.


Reinvest Dividends:

Reinvesting dividends is a powerful strategy for compounding wealth over the long term. Rather than pocketing dividend payouts, consider reinvesting them back into the market to purchase additional shares of stock. Over time, this reinvestment can significantly enhance your total returns and accelerate the growth of your investment portfolio.


Keep Emotions in Check:

Emotions can often cloud judgment and lead to impulsive investment decisions. Whether it's fear during market downturns or greed during bull markets, it's essential to keep emotions in check and stick to your long-term investment plan. Remember that volatility is a natural part of the market cycle, and maintaining a rational mindset can help you navigate through turbulent times.


Monitor and Review Regularly:

While a long-term perspective is crucial, it's also essential to regularly monitor and review your investment portfolio. Keep track of company performance, industry developments, and changes in economic conditions that may affect your investments. Periodically rebalance your portfolio if necessary to ensure it remains aligned with your investment objectives and risk tolerance.


Conclusion:

Long-term investing in the Indian stock market can offer substantial rewards for investors willing to adopt a patient and disciplined approach. By conducting thorough research, diversifying your portfolio, focusing on quality stocks, practicing patience, reinvesting dividends, keeping emotions in check, and monitoring your investments regularly, you can position yourself for long-term success in the dynamic world of investing. Remember, the key to wealth creation lies in staying the course and letting the power of compounding work in your favor over time.


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Indian Stock Market Wrap Up For 06 Mar,2024:

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Share Market Closing Note


Sensex ends atop 74,000, Nifty 22,450 for 1st time; Smallcap index down 2%:


Equity benchmarks staged a smart recovery in the last hour of trade, helping these indices hit fresh record highs, amid a sharp swing in banking and financial shares. That apart, liquidity-related cues from China aided sentiment.


Chinas central bank governor said there was room to further cut banks reserve requirements. This is part of Beijings broader economic policy adjustments so the economy can hit its growth target of around 5 per cent for the year.


The S&P BSE Sensex, which stayed in the negative zone for the better part of the day, closed 409 points, or 0.55 per cent, higher at 74,086 levels. The Nifty50, too, surpassed the 22,450-mark to end at 22,474, up 118 points or 0.53 per cent.


The BSE benchmark hit a record high of 74,151, while the Nifty50 claimed 22,497 intraday.


Kotak Bank, Axis Bank, Sun Pharma, Bharti Airtel, ICICI Bank, IndusInd Bank, HCL Tech, Titan, TCS, L&T, and M&M were the top gainers today, surging up to 2.45 per cent. 


In the broader markets, the BSE MidCap and the BSE SmallCap indices, however, stayed in the profit-booking zone with the indices down 0.65 per cent and 1.9 per cent , respectively.


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Topic :- Time:3.00 PM


Nifty spot if manages to hold and close above 22420 level then expect some further upmove in coming sessions and if it closes below above mentioned level then some sluggish move can follow. Avoid open short positions for tomorrow.


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Topic :- Time:2.00 PM


Nifty now turned in green following banknifty foot steps. Nifty spot if manages to trade and sustain above 22400 level then expect some further upmove in the market and if it breaks and trade below 22360 level then some decline can be seen. Currently Nifty spot is at 22393.


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Topic :- Time:1.55 PM


Just In:

Ajmera Realty secures ₹500-crore credit facilities for Mumbai residential project.


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Topic :- Time:1.30 PM


GOLD Trading View:

GOLD is trading at 64815. If it breaks and trade below 64780 level then expect some decline in the market and if it manages to trade and sustain above 64880 level then some upmove can be seen.


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Topic :- Time:1.10 PM


Just In:

Reliance Cap lenders advisors ask Hindujas to submit resolution plan by Mar-end


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Topic :- Time:1.00 PM


Nifty is in no trading zone. Nifty and Midcaps are falling whereas banknifty is only rising. Traders are advice to wait for clear direction before taking big positions. Wait and watch should be approach right now. 


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Topic :- Time:12.55 PM


Just In:

RBIs recent crackdown on NBFCs raises concerns over asset quality and risk management


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Topic :- Time:12.55 PM


Just In;

The IPO of Kerala-based automobile dealer #PopularVehicles & Services opens for bidding on March 12.


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Topic :- Time:12.30 PM


COPPER Trading View:

COPPER is trading at 727. If it manages to trade and sustain above 728.40 level then expect some upmove in it and if it breaks and trade below 726.20 level then some decline can be seen in it.


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Topic :- Time:12.00 PM


Nifty spot is trading at 22234 minus 122 points and Banknifty spot is trading at 47993 plus 413. Any side move is possible from here. Nifty spot if manages to trade and sustain above 22240 level then expect some upmove and if it breaks and trade below 22200 level then some decline can be seen in the market.


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Topic :- Time:11.30 AM


News Wrap Up:

1. Nifty Media, IT and metal indices worst hit

2. Zomato dips 4% as Ant likely sells Rs 3,000 cr stake via block deal

3. RBI issues directions for issuance of credit cards

4. Blackstone wants to double India warehouses

5. Sebi may take action against JM Financial for its alleged role in inflating IPO subscription numbers

6. Greeces Eurobank eyes presence in India

7. DBS CEOs total pay dropped 27% in 2023

8. BHEL bags order worth Rs 9,500 cr

9. Fairfax India agrees to offer up to $200-million liquidity support to IIFL Finance

10. Vodafone Idea meets 5G minimum roll-out obligations in 4 circles


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Topic :- Nifty Opening Note


Indian Stock Market Trading View For 06 Mar,2024:


Flat opening expected today in Nifty. Nifty is likely to remain sideways in fist half. Nifty spot if manages to trade and sustain above 22400 level then expect some upmove and if it breaks and trade below 22300 level then some decline can be seen in the market. Please note this is just opening view and should not be considered as the view for the whole day.


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Former Twitter CEO Parag Agrawal, three others sue Elon Musk for over $128 million in severance

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Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk for over $128 million in combined unpaid severance, according to a lawsuit filed on Monday.


The lawsuit, filed in federal court in San Francisco, is the latest in a series of legal challenges the billionaire faces after he acquired the social media company for $44 billion in October 2022 and later renamed it X.


The other plaintiffs are Ned Segal, Twitter's former chief financial officer; Vijaya Gadde, its former chief legal officer; and Sean Edgett, its former general counsel.


Mere minutes after Musk took control of Twitter, the former executives say they were fired and that Musk falsely accused them of misconduct and forced them out of Twitter after they sued the billionaire for attempting to renege on his offer to purchase the company.


Musk then denied the executives severance pay they had been promised for years before he acquired Twitter, according to the lawsuit. The plaintiffs say they each are owed one year's salary and hundreds of thousands of stock options.


"This is the Musk playbook: to keep the money he owes other people, and force them to sue him," the former executives said in the 39-page lawsuit.


X is already facing a pair of proposed class actions claiming it owes rank-and-file workers who were laid off after Musk's acquisition at least $500 million in severance, and a third lawsuit by six former senior managers making similar claims. X has denied wrongdoing.


The company has also been sued previously for failing to pay its former public relations firm, landlords, vendors and consultants.


X did not respond to a Reuters request for comment.

Indian Stock Market Wrap Up For 04 Mar,2024:

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ong sectors, banks, energy, infra, and pharma rose while information technology, metals, FMCG, and automobile remained under pressure.



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Topic :- Time:3.00 PM


Nifty spot if manages to trade and close above 22440 level then expect some further upmove in the market in coming session and if it closes below above mentioned level then some sluggish move may happen. Avoid open positions for tomorrow.


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Topic :- Time:2.30 PM


NATURALGAS Trading View:

NG is trading at 156.80. If it holds above 154 level then expect some quick upmove in it and is likely to test 159-160 levels quite soon and if it breaks and trade below 154 level then some decline may follow in Naturalgas.


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Topic :- Time:2.10 PM


Nifty spot is still moving in same small range and is waiting for breakout or breakdown. Nifty spot is trading at 22422. If it manages to trade and sustain above 22440 level then expect some upmove and if it breaks and trade below 22400 level then some decline can be seen in it.


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Topic :- Time:1.55 PM


Just In:

A seven-judge bench of the Supreme Court ruled that lawmakers, including MPs and MLAs, can be prosecuted under the Prevention of Corruption Act if they receive monetary benefits for their votes and speeches in Parliament or Assembly.


This decision overturned the 1998 verdict of the apex court in the PV Narasimha Rao case.


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Topic :- Time:1.30 PM


SILVER Trading View:

SILVER is trading at 72270. If it holds above 72080 level then expect some quick upmove in it and is likely to test 72800-72900 levels and if it breaks and trade below 72080 level then some decline can follow in Silver.


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Topic :- Time:1.00 PM


Nifty is rangebound and is not showing any major movement. Nifty spot if manages to trade and sustain above 22420 level then expect some quick upmove and if it breaks and trade below 22380 level then some decline can be seen in the market.


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Topic :- Time:12.30 PM


COPPER Trading View:

COPPER is trading at 728.55. If it manages to trade and sustain above 730 level then expect some upmove and if it breaks and trade below 727 level then some decline can be seen.


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Topic :- Time:12.15 PM


After the Rameshwaram cafe blast now, Three Vande Bharat Trains Pelted With Stone In Congress ruled, Bengaluru.


Severe Damage Caused To The Trains. While there have been no injuries reported, the glass window panes of the trains were severely damaged.


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Topic :- Time:12.00 PM


Nifty spot if manages to trade and sustain above 22420 level then expect some upmove in it and if it breaks and trade below 22380 level then some decline can follow.


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Topic :- Time:11.30 AM


News Wrap Up:

1. Sensex, Nifty trade flat; Tata Steel, JSW Steel top laggards

2. Bribe-for-vote case: MPs, MLAs wont get immunity from prosecution, rules SC

3. Moodys raises Indias 2024 GDP growth estimate to 6.8% from 6.1%

4. NHAI InvIT plans to raise Rs 7,500 crore from CPP Investments, OTPP, others

5. RK Swamy IPO: Issue subscribed 16%, retail portion booked 70% on Day 1

6. IPO-bound Ullu courts trouble for explicit content, IT ministry urged to take action

7. Adani Ports hits life-time high on 33% surge in cargo volumes in Feb

8. Payments bank controversy hits Paytms UPI market share, drops sharply to 11% in February

9. Japans Nikkei goes past 40,000 for the first time.

10. Google apologises to India over Geminis results on Modi, calls its own AI platform unreliable


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Topic :- Time:11.00 AM


Nifty is trading sideways. Nifty spot if manages to trade and sustain above 22400 level then expect some upmove and if it breaks and trade below 22350 level then some decline can follow.


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Topic :- Nifty Opening Note


Indian Stock Market Trading View For 4 Mar,2024:


Backed by smart move in midcaps and smallcaps Nifty tested all time fresh high on Saturday. As per current trend Nifty future is heading towards 22700-22900 levels. Lows should be used as an opportunity to go long in coming week.


For Monday:

Global cues with geopolitical development will play critical role. Mid caps and small caps to be eyed.


Nifty spot if manages to trade and sustain above 22420 level then expect some further upmove in coming session and if it breaks and trade below 22320 level then some decline can follow in the market. Please note this is just opening view and should not be considered as the view for the whole day.



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Indian Stock Market Trading View For Next Week

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Indian Stock Market Trading View For 4 Mar,2024:


Backed by smart move in midcaps and smallcaps Nifty tested all time fresh high on Saturday. As per current trend Nifty future is heading towards 22700-22900 levels. Lows should be used as an opportunity to go long in coming week.


For Monday:

Global cues with geopolitical development will play critical role. Mid caps and small caps to be eyed.


Nifty spot if manages to trade and sustain above 22420 level then expect some further upmove in coming session and if it breaks and trade below 22320 level then some decline can follow in the market. Please note this is just opening view and should not be considered as the view for the whole day.


Few Points For Next Week: 



1. Nifty future is heading towards 22800-22900 in coming days. Use lows as an opportunity to go long
2. Naturalgas Positional Target is 170+
3. Bullions will gain more momentum
4. Crudeoil likely to test 6800+ level very soon.
5. Few Stocks For Investment
A. TTML- 87.85
B. Medico - 88.10
C. Damodarind - CMP-55.65

Prefer Intraday trading in Commodity and mix that is holding and intraday in Stocks/Options.

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