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Share Market Warp Up Note as on 10 April,2023

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Share Market Closing Note


Benchmark indices ended on flat note in the highly volatile session on April 10.


At close, the Sensex was up 13.54 points or 0.02% at 59,846.51, and the Nifty was up 24.80 points or 0.14% at 17,624. About 1965 shares advanced, 1568 shares declined, and 146 shares unchanged.


Tata Motors, ONGC, Grasim Industries, Adani Enterprises and Wipro were among major gainers on the Nifty, while losers included Bajaj Finance, Tata Consumer Products, HUL, Asian Paints and IndusInd Bank.


On the sectoral front, except bank and FMCG, all other indices ended in the green with realty index jumped 4 percent, while auto, power and oil & gas up 1 percent each.


The BSE midcap and smallcap indices ended with marginal gains.


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Topic :- Time:3.00 PM


Nifty spot if manages to hold above 17600 level on closing basis 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 follow in Nifty.


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Topic :- Time:2.10 PM


HDFCBANK Future Trading View:

HDFCBANK Future is trading at 1668.85. If it manages to hold above 1664 level then expect it to test 1680 level quite soon and below 1664 some decline can be witnessed in it.


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Topic :- Time:1.30 PM


SILVER Trading View:

SILVER is trading at 74500.If it manages to trade and sustain above 74620 level then expect some upmove in it and if it breaks and trade below 74400 level then some decline can follow in Silver.


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Topic :- Time:1.20 PM


Just In:

India has denied UK media reports on the India-UK trade talks being suspended, government sources said.


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Topic :- Time:1.15 PM


Just In:

Reliance Retail, Jindal Power among 49 firms to submit EoIs for Future Retail


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Topic :- Time:1.00 PM


Nifty is moving on a steadier note. Nifty spot if manages to trade and sustain above 17700 level then expect some further upmove in the market and if it breaks and trade below 16660 level then expect some decline in it


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Topic :- Time:12.30 PM


COPPER Trading View:

COPPER is trading at 770.50. If it breaks and trade below 770 level then expect some decline in it and if it manages to trade and sustain above 771.20 level then some upmove can follow in Copper.


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Topic :- Time:12.00 PM


Nifty is gaining some momentum now however VIX is still low. Nifty spot if manages to trade and sustain above 17680 level then expect some further upmove in the market and if it breaks and trade below 17640 level then some decline can be seen in the Nifty.


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Topic :- Time:11.30 AM


News Wrap Up:

1. Sensex off days high, turns flat; Nifty50 above 17,600

2. Investments via Mauritius are under authorities lens

3. TaMo jumps 8% as global wholesales rise in Q4

4. India reports 5,880 fresh coronavirus cases

5. JLR wholesale numbers for Jan-Mar drive Tata Motors shares to 7-month high

6. Adani Green Energy shares hit 5% upper circuit after block deal

7. China fears valuation bubble in AI stocks

8. Home loan rates over Rs 75 lakh to get dearer as risk weight rises again


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Topic :- Nifty Opening Note


Indian Stock Market Trading View For 10 April,2023:


Nifty to remain volatile and is expected to follow global cues.


Nifty spot if manages to trade and sustain above 17640 level then expect some upmove in the market and if it breaks and trade below 17560 level then some decline can be seen in the Nifty. Please note this is just opening view and should not be considered as the view for the whole day. 


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