Swastika in Media

January 22, 2024
Online

Analysis of Market Trends

Finance Minister Nirmala Sitharaman will present an interim budget on February 1, which will be a vote on account which, by definition, cannot bring significant policy changes. This has not stopped either industry, businessmen or taxpayers from drawing up their wishlists or recommendations.A common thread among the suggestions is that digital public infrastructure appears to be seen as something that provides the maximum `bang for the buck'.

Foster Economic Growth and Stimulus for Sectors - Anticipate additional stimulus for sectors like manufacturing and renewable energy.- Look for announcements benefiting salary classes and rural populations in the lead-up to the upcoming general election.- Advocate for reconsideration of the removal of LTCG or STT to support the equity culture.-

Sunil Nyati, Managing Director, Swastika Investmart. Read more:

  1. Digital infrastructure, housing, health, and MSME seen to be key areas in interim budget - Times of India
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January 22, 2024
Online

Analysis of the Market and Current Trends

The steep selloff by foreign investors ensured that benchmark indices recorded their worst week in over two months. Nifty bank too has seen its biggest weekly fall in a year.Despite these challenges, the midcap and smallcap segments demonstrated resilience, outperforming largely due to robust domestic liquidity.

Notably, PSU stocks, especially in the railway sector, sustained a bullish trend.Going forward, the market will react to quarterly earnings as a substantial number of heavyweights are slated to release their third-quarter numbers."Anticipations surrounding the upcoming budget may also drive stock- and sector-specific movements. Globally, attention will be directed towards Japan's monetary policy and US economic data, with a continued close watch on geopolitical developments," said Santosh Meena, Head of Research, Swastika Investmart. Read more:

  1. FPIs unleash turbulence with Rs 21,000 cr weekly selloff in sudden shift - Economic Times
  2. Week ahead: Q3 results, Ayodhya event, F&O expiry, global cues among key market triggers this week - LiveMint
  3. Quarterly earnings, global trends to guide markets in holiday-shortened week - Business Standard
  4. From quarterly earnings to global trends: What will drive Indian equity markets this week - Hindustan Times
  5. Markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - Business Insider
  6. Stock markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - NDTV Profit
  7. Markets to be guided by quarterly earnings, global trends in holiday-shortened week - The Week
  8. Markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - Latestly
  9. Stock markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - Bharat Times
  10. Factors that will guide the markets this week - Rediff
  11. Markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - News Drum
  12. Focus on US GDP data this week - Ahmedabad Mirror
  13. Market outlook: Quarterly results of companies will determine the direction of the stock market based on global trends - Analyst - The Free Press Journal

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January 22, 2024
Print

Lower price realisation, ‘inspection shutdown’ hit RIL’s oil biz

Shares of RIL closed 0.01% higher at Rs 2,735.05, as compared with a 0.70% rise in the benchmark Sensex of the BSE on Friday. Financial results of the company were declared after market hours. On RIL share price movement, Santosh Meena, Head of Research, Swastika Investmart, said, Reliance has broken out of a multi-month consolidation pattern with a bullish flag formation near its 20-day moving average.

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January 19, 2024
Online

IPO and Market Approach

"I anticipate that the government's primary emphasis will persist in fostering economic growth through increased capital investment and infrastructure development. It seems likely that sectors such as manufacturing and renewable energy will receive additional stimulus. In the lead-up to the upcoming general election, we can anticipate announcements tailored to benefit salary classes and rural populations. The capital market is currently experiencing robust momentum, and I express the hope that the government refrains from implementing policies that might disrupt the positive market sentiment. Simultaneously, I advocate for a reconsideration of the removal of either Long-Term Capital Gains (LTCG) or Securities Transaction Tax (STT) to provide further support to the equity culture in India," said Sunil Nyati, Managing Director, Swastika Investmart.Read More :

  1. Budget 2024: What should your trading strategy be ahead of FM Nirmala Sitharaman's announcements? - LiveMint
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January 19, 2024
Online

IPO and Market Strategy

EPACK Durable is India's second-largest RAC ODM. “However, some key risks warrant consideration. The company's dependence on a limited number of major customers. Additionally, the RAC industry is highly competitive, and the business experiences seasonal fluctuations. We recommend that investors apply for this IPO with a mid to long-term view,” said an analyst at Swastika Investmart.Read More :

  1. EPACK Durable IPO opens today: GMP, subscription status, review, other details - Buy or not? - LiveMint
  2. EPACK Durables Rs 640 crore IPO opens today - Should you subscribe to the issue? - Moneycontrol
  3. EPACK Durable IPO opens today - Should you subscribe to the issue? - Business Today
  4. Top 3 shares for short-term with 16% surge - Experts' recommendations - Moneycontrol (Hindi)

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January 18, 2024
Online

IPO and Stock Subscription Updates

ब्रोकरेज हाउस Swastika Investmart ने Medi Assist के आईपीओ पर न्यूट्रल रेटिंग दी है. ब्रोकरेज का कहना है कि मेडी असिस्ट हेल्थकेयर के पास स्केलेबल, टेक्नोलॉजी-इनेबल्ड बुनियादी ढांचा है, जो हेल्थ इंश्योरेंस इको सिस्टम  के सभी सेग्मेंट की जरूरतों को पूरा करता है. इसके पास ग्रुप अकाउंट का एक डाइवर्सिफाइड बेस है और अधिकांश इंश्योरेंस कंपनियों के साथ इसका मजबूत संबंध है. वित्तीय रूप से, कंपनी उत्साहजनक मेट्रिक्स प्रदर्शित करती है. ब्रोकरेज के अनुसार मेडी असिस्ट के रेवेन्यू  का एक महत्वपूर्ण हिस्सा लिमिटेड क्लाइंट पर ही फोकस है. और पढ़ें :

  1. Shree Marutinandan Tubes IPO allotment to be finalized today; GMP steady, steps to check allotment status - LiveMint
  2. Medi Assist Healthcare gets high subscription, but GMP decreases; what indications about listing? - Financial Express (Hindi)
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January 19, 2024
Online

IPO and Stock Subscription News

The biggest trigger that could also result in a re-rating for Vodafone Idea is fund infusion and Dalal Street is eagerly awaiting to hear some good news.But after an impressive return of close to 183%, Vodafone shares have seen some profit booking in the last few sessions. However, the overall structure for the stock remains highly attractive, says Pravesh Gour, senior technical analyst at Swastika Investmart.Read more at :

  1. 9-month winning run: Vodafone Idea finds more subscribers on D-Street, who's dialing in? - Economic Times

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January 18, 2024
Print

Market Crash and Indices Performance

"If we talk about the overall market, then 21,650–21,500 is a key demand zone for the Nifty. Until buy-on-dip texture is continued, while below 21,500, we can expect short-term weakness towards the 21,000–20,800 zone," Santosh Meena, Head of Research, Swastika Investmart said.Read more at:

  1. Nifty Bank falls 1800 points to record biggest single-day fall since March 2022 - Economic Times
  2. Sensex records worst single-day plunge in 16 months; should you book profits? - Economic Times
  3. Stock market today: BSE Sensex sees worst single-day crash in 16 months; is the market rally taking a breather? - Times of India
  4. Stock market crash today: BSE Sensex sees worst single-day crash in 16 months; is the market rally taking a breather? - MSN
  5. Market Crash: Sensex sheds 1400 points, Nifty down almost 400 points; HDFC Bank falls over 7 per cent - MSN

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January 16, 2024
Online

IPO Debut and Listings

Medi Assist Healthcare has scalable, technology-enabled infrastructure that addresses the needs of all constituents of the health insurance ecosystem. It has a diversified base of group accounts and a strong relationship with the majority of insurance companies. Financially, the company exhibits encouraging metrics, said Swastika Investmart.Read more:

  1. Medi Assist Healthcare Services IPO Kicks Off: Should You Subscribe to the Issue? - businesstoday.in
  2. Medi Assist Healthcare IPO Open for Subscription: Should You Invest or Avoid? What Brokerage Houses Say - financialexpress.com (Hindi)
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January 16, 2024
Online

IPO Subscription and Reviews

Swastika Investmart holds a ‘Neutral’ rating on the issue. “Medi Assist concentrates a significant portion of its revenue on a limited number of clients, and its subsidiaries play a crucial role in its overall performance, introducing dependencies. Additionally, the offering is a pure OFS with a premium valuation that warrants a cautious approach,” said Shivani Nyati, Head of Wealth, Swastika Investmart.Read more:

  1. Medi Assist Healthcare IPO: Should You Subscribe to Rs 1,171.58 Crore Issue? - moneycontrol.com
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January 16, 2024
Online

Market Exuberance and Analysis

Santosh Meena, Head of Research at Swastika Investmart also highlighted that the large-cap IT stocks surged despite lukewarm earnings, defying market anxieties. While results weren't stellar, they beat subdued expectations, and encouraging management outlooks fueled the rally, he said.Read more:

  1. 9 out of 10 Nifty IT Stocks Hit 52-Week High: Is the Investor Exuberance on IT Overdone? Here's What Experts Say - livemint.com
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January 15, 2024
Print

Q3 earnings, global cues will guide markets

MOVEMENT in the equity market this week will largely be dictated by quarterly earnings of blue-chip firms HDFC Bank and Hindustan Unilever, along with the announcement of WPI inflation data and global trends, analysts said. The ac- activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also guide the movement. The focus will shift towards Q3 earnings. with key players such as HDFC Bank, HUL, Asian Paints, IndusInd Bank and Ultratech Cement set to announce their results. Pre-budget expectations are also likely to influence the sector and stock-specific movements, Santosh Meena, Head of Research, Swastika Investmart Ltd, said.

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January 15, 2024
Online

Market Outlook and Expert Opinions

“The focus will shift towards Q3 earnings, with key players such as HDFC Bank, HUL, Asian Paints, IndusInd Bank, and Ultratech Cement set to announce their results. Pre-Budget expectations are also likely to influence the sector and stock-specific movements,” Santosh Meena, Head of Research, Swastika Investmart Ltd said.Read more:

  1. Quarterly Earnings, Global Trends to Guide Equity Markets This Week: Analysts - financialexpress.com
  2. Quarterly Earnings, Global Trends to Guide Equity Markets This Week: Analysts - thehindubusinessline.com
  3. Quarterly Earnings, Global Trends to Guide Equity Markets This Week: Analysts - business-standard.com
  4. Quarterly Earnings, Global Trends to Guide Equity Markets This Week: Analysts - outlookindia.com
  5. Quarterly Earnings, Global Trends to Guide Equity Markets This Week: Analysts - etnownews.com
  6. Quarterly Earnings, Global Trends to Guide Equity Markets This Week: Analysts - ndtvprofit.com
  7. Quarterly Earnings, Global Trends to Guide Equity Markets This Week: Analysts - timesofindia.indiatimes.com
  8. Stock Market Outlook: How Will Be the Market Trend This Week? - business-standard.com (Hindi)
  9. Share Market Outlook Next Week: Market Movement Will Be Decided by the Quarterly Results of Companies - etnownews.com (Hindi)
  10. Share Market This Week: Know From Experts Which Factors Will Decide the Trend - indiatv.in (English)
  11. Stock Market Movement Will Be Decided by Companies' Quarterly Results and Global Trend: Analyst - theprint.in (Hindi)
  12. The Stock Market's Movement Will Be Decided by Companies' Quarterly Results and Global Trend: Analyst - latestly.com (Hindi)
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January 15, 2024
Online

IPO Update

Medi Assist Healthcare has scalable, technology-enabled infrastructure that addresses the needs of all constituents of the health insurance ecosystem. It has a diversified base of group accounts and a strong relationship with the majority of insurance companies. Financially, the company exhibits encouraging metrics, said Swastika Investmart.Read more:

  1. Medi Assist Healthcare Services IPO Kicks Off: Should You Subscribe to the Issue? - businesstoday.in
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January 15, 2024
Online

Stock Market Analysis and Outlook

"As the market gears up for the budget, institutional flows will play a crucial role in determining its direction. On the global front, macroeconomic data from the USA and China, along with movements in the dollar index, US bond yields, and crude oil prices, will be closely monitored," said Santosh Meena, Head of Research, Swastika Investmart.Read more at:

  1. Pre-market Action: Here's the Trade Setup for Today's Session - economictimes.indiatimes.com
  2. Week Ahead: Q3 Results, FII Inflows, Global Cues Among Key Market Triggers as Nifty 50 Tests 22,000 This Week - livemint.com
  3. Indian Stock Market: Here Are 6 Things That Changed for Market Overnight - Gift Nifty, Inflation to Q3 Results - livemint.com
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January 15, 2024
Print

Heavyweights Q3FY24 results to guide mkts

WPI inflation data for December is scheduled to be announced on Monday.On the global front, macroeconomic data from the US and China, along with movement in the dollar index, US bond yields, and crude oil prices, will be closely monitored.As the market gears up for the Geopolitical tensions source worldwide continue to be a source of uncertainty, demanding the market's vigilant attention," Meena said.

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January 15, 2024
Print

Earnings, global cues, macro data to drive stock markets

The retail inflation hit a four month high of 5.69 per cent in Dec month while the index of industrial production came at 2.4 percent for Nov, 2023 was at 8 month low.The focus will shift towards Q3 earnings releases, with key players set to announce their results. Pre-budget expectations are also likely to influence sector and stock specific movements, adding to the market's dynamic environment. As the market gears up for the budget, institutional flows will play a crucial role, Sunil Nyati, manag- ing director, Swastika Investmart said.

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January 12, 2024
Online

Q3 Results - Infosys and TCS

“Decent results from TCS, especially on the margin front, However, the fall in order bookings is a concern. Technically, 3,700–3,600 is a strong demand zone. 3,800–3,850 is a supply zone. We can expect a range-bound move for some time; above 3,850, we can expect momentum to pick up," said Santosh Meena, Head of Research at Swastika Investmart.Read More:

  1. TCS, Infosys Q3 Results: Here's How Both Stocks Are Likely to Open Today - livemint.com
  2. TCS Q3 Results: Net Profit Rises 2% to Rs 11,058 Crore, and Revenue Rises 4% - indiatoday.in (English)
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January 10, 2024
Online

Outlook on the Stock Market

A few auto stocks namely Bajaj Auto Ltd, Hero MotoCorp Ltd and Tata Motors Ltd are likely to be in focus today. Here is what Santosh Meena, Head of Research at Swastika Investmart has to say on these stocks ahead of Tuesday's trading session.Read more :

  1. Tata Motors, Bajaj Auto, Hero Moto: Key Resistance and Support Levels for These Buzzing Stocks - businesstoday.in
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January 9, 2024
Online

Market Trends and Analysis Insights

Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, said, “All eyes will be on the beginning of corporate performance for the third quarter of the current fiscal year (Q3 FY24), spanning from November to December. The anticipation is particularly high for India’s IT giants. TCS and Infosys released their Q3 results on January 11th, followed by HCL Tech and Wipro on the 12th. Market participants will be keeping an eye on the movement of the rupee against the dollar and crude oil prices. Investments by foreign institutional investors (FIIs) and domestic institutional investors (DIIs) will also be monitored.”Read more:

  1. Sensex, Nifty Open on a Positive Note; IT Sector Q3 Results in Focus - thehindubusinessline.com
  2. TCS, Infosys in Focus for Next Triggers - bizzbuzz.news
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January 9, 2024
Online

Updates on Initial Public Offerings

Jyoti CNC Automation is one of the world’s leading manufacturers of CNC machines. In the last three years, the company has supplied over 8,400 CNC machines to more than 3,500 customers in India and across Asia. The company's global customer base is well-diversified and offers a wide range of products, said Swastika Investmart.Read more :

  1. Jyoti CNC Automation IPO Opens Today: GMP, Subscription Status, Review & Other Details - Apply or Not? - livemint.com
  2. Shree MarutiNandan Tubes IPO Announces Price Band at ₹143 Apiece - Check Issue Details, Key Dates & More - livemint.com
  3. Jyoti CNC Automation IPO Opens Today: Should You Subscribe to the Issue? - businesstoday.in
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January 8, 2024
Online

Market Outlook and Quarterly Earnings

On the charts, Nifty is forming new higher highs daily, with identified support levels at 21,500 and 21,400. Immediate resistance is anticipated at 21,800 and 21,900, said Arvinder Singh Nanda, Senior Vice President, of Master Capital Services.

To this, Pravesh Gour, senior technical analyst at Swastika Investmart added that if Nifty manages to sustain above the 21,800 mark, then 22,000 and 22,200 will be the next target levels.Read more:

  1. Markets to take cues from quarterly earnings of TCS, Infosys, global trends this week: Analysts - moneycontrol.com
  2. Markets to take cues from quarterly earnings of TCS, Infosys, global trends this week: Analysts - financialexpress.com
  3. Markets to take cues from quarterly earnings of TCS, Infosys, global trends this week: Analysts - thehindubusinessline.com
  4. Stocks to buy: 3 technical stock picks by VLA Ambala for 8th Jan - goodreturns.in
  5. Market ahead: Q3 results, Red Sea crisis, inflation, FII activity among key market triggers to watch next week - livemint.com
  6. Factors that will guide the markets this week - rediff.com
  7. Big movers on D-Street: What should investors do with Century Textiles, HAL, and Tata Steel - economictimes.indiatimes.com
  8. Investors should buy Century Textiles, HAL, and Tata Steel - economictimes.indiatimes.com
  9. Share market this week: Quarterly results of Infosys, TCS, HCL Tech, and Wipro will come - indiatv.in
  10. How stock market will perform this week: Expert predictions - livehindustan.com
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January 8, 2024
Print

Global trends this week

On the domestic front, all eyes will be on the beginning of corporate performance for the third quarter of the current fiscal year. Market participants will be keeping an eye on the movement of the rupee against the dollar and crude oil prices.Investments by Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIS) will also be monitored,said Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd.

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January 3, 2024
Online

Analysis and Strategies for the Market

Sunil Nyati, Managing Director, Swastika Investmart said largecap stocks are gaining momentum after a recent phase of underperformance, presenting a promising opportunity for investors, particularly if there's an influx of foreign institutional investments in the domestic market.Read more:

  1. Smallcap, Midcap Stocks Overvalued: How to Invest Rs 1 Lakh in Shares in 2024 - Business Today
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January 3, 2024
Online

Market Analysis and Strategies

A few stocks of Dalal Street namely Divis Laboratories Ltd, ITC Ltd and Tata Motors Ltd are likely to remain under traders’ radar today. Here is what Pravesh Gour, Senior Technical Analyst at Swastika Investmart has to say on these stocks ahead of Wednesday's trading session.Read more:

  1. Tata Motors, ITC, Divis Labs: Trading Strategies for These Buzzing Blue-Chip Stocks - Business Today
  2. Hot Stocks: Divis Labs, Shipping Corp, Paradeep Phosphates May Fetch Up To 12% - MoneyControl
  3. Tata Motors, ITC, Divis Labs: Trading Strategies for These Buzzing Blue-Chip Stocks - MSN Money
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January 1, 2024
Online

Market Outlook for 2024

Auto stocks are expected to remain in focus as major automakers will begin releasing their December sales figures starting from January 1. ‘’These sales figures will provide valuable insights into consumer demand and the health of the auto industry, potentially impacting the performance of related stocks,'' said Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd. Read More:

  1. Week Ahead: Auto Sales, Q3 Updates, US Fed Minutes Among Key Triggers; Nifty 50 Eyes Record Highs as Markets Enter 2024 - Live Mint
  2. Equity Market Set for Eventful Journey on LS Polls, Interest Rate Trajectory in 2024 - MoneyControl
  3. 2024: Equity Market Set for Eventful Journey on LS Polls, Interest Rate Trajectory - NDTV Profit
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January 1, 2024
Online

Overview of Stock Market Performance

“Bank Nifty is consolidating, where 48500-48800 is an immediate resistance area; above this, 49500–50000 will be the next target zone,” said Pravesh Gour, senior technical analyst at Swastika Investmart.Read More:

  1. Auto Sales, Global Cues, FPI Flows: Among 8 Factors to Hog Dalal Street This Week - Economic Times
  2. Big Movers on D-Street: What Should Investors Do With Tata Consumer, Tata Motors, and Olectra? - Economic Times
  3. Trade Setup on Monday: Nifty to Find Support From 21,500-21,600 on New Year's Day; Key Factors to Drive - Good Returns
  4. Year-Ender 2024: Equity Market Set for Eventful Journey on LS Polls, Interest Rate Trajectory - MSN

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January 1, 2024
Online

Stock Market Performance Overview

"Given the uncertain outlook, a cautious approach is warranted, and investors may exit their position; however, those who want to hold it should maintain a stop loss at the issue price," said Shivani Nyati, Head of Wealth, Swastika Investmart.Read more:

  1. Innova Captab Share Price Jumps 20% After Tepid Listing; What Should Investors Do? - Economic Times
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January 1, 2024
Print

2023 में सेंसेक्स ने दिया 18.73 प्रतिशत रिटर्न

The market capitalization of BSE-listed companies climbed sharply by Rs 81,90,598.32 crore this year to reach an all-time high of Rs 3,64,28,846.25 crore.The Indian market has demonstrated resilience, emerging as one of the standout performers within the broader emerging markets basket, Sunil Nyati, Managing Director of Swastika Investmart Ltd, said.

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January 2, 2024
Online

Bullion Market Forecast

“When interest rates remain lower, inflation begins to increase, which subsequently lifts gold prices. In 2024, the Fed will remain dovish on monetary policy, which would be a favorable condition for gold's bull run,” said Nirpendra Yadav, senior commodity research analyst at Swastika Investmart.Read more:

  1. Bullion Bull Run to Continue; White Metal May See a Breakout in 2024 - Business Insider
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January 2, 2024
Online

2024 HR Strategy Insights

Sagar Pandey, Head of HR at Swastika Investment, suggests focusing on employee well-being, digital transformation, a diverse and inclusive workplace, workforce up-skilling, and implementing agile tactics in 2024 to effectively manage change.Read more:

  1. What Will Be the Top Priorities for HR Leaders in 2024? - People Matters
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December 28, 2023
Online

Listings in the Stock Market

"Nifty has bullish momentum; it has crossed 21,500–21,600 levels, which act as key resistance zones. Now, we can expect a move towards 21,800/22,000. 21,500 is a key support level; below this, we can expect pressure towards the 21,325 level," said Pravesh Gour, Senior Technical Analyst at Swastika Investmart.Read more:

  1. Credo Brands Marketing makes muted debut, lists flat at ₹282 - Mint
  2. Stock Market Today: Sensex, Nifty 50 settle at fresh closing peaks, investors pocket over 2 lakh crore in a day - LiveMint
  3. UltraTech Cement, Hindalco top gainers on Nifty50 as market hits record high - Business Today
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December 28, 2023
Online

News and Updates

Happy Forgings, the esteemed manufacturer of complex machinery components, made a debut on the stock market that landed slightly below pre-listing expectations. Nevertheless, the company secured commendable listing gains, said Shivani Nyati, Head of Wealth, Swastika Investmart.Read more:

  1. What should investors do after dull listings of Happy Forgings, Credo Brands, RBZ Jewellers? - Business Today

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December 28, 2023
Online

IPO and Market Debut Analysis

Despite a bumper listing for Happy Forgings, Shivani Nyati, head of wealth at Swastika Investmart, suggests that the company is a mixed bag for investors. "A careful evaluation of both sides is crucial before making any investment decisions. Given the uncertainty surrounding the listing, a cautious approach is recommended. Existing investors in the IPO may consider holding their shares with a stop loss at 900. However, investors who were looking for listing gains may exit their positions," she said.Read more:

  1. Buy, sell, hold: What should you do with Credo, RBZ Jewellers, and Happy Forgings? - MoneyControl
  2. RBZ Jewellers IPO listing date: Shares list at Rs 100, same as issue price - CNBC TV18
  3. Credo Brands IPO listing date: Know GMP, Mufti Menswear share price to make strong market debut - CNBC TV18
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December 28, 2023
Online

Stock Market Listings

“Happy Forgings presents a mixed bag for investors. The lower-than-expected listing raises concerns, but the decent gain and strong fundamentals offer a counterpoint. A careful evaluation of both sides is crucial before making any investment decisions. Given the uncertainty surrounding the listing, a cautious approach is recommended,” said Shivani Nyati, Head of Wealth, Swastika Investmart.Read more:

  1. Happy Forgings share price up marginally after decent listing. Should you buy or book out? - Economic Times
  2. RBZ Jewellers shares hit upper circuit after muted listing. Should you buy or sell? - Economic Times
  3. Credo Brands share price rises 6% after flat listing. What should investors do? - Economic Times
  4. Happy Forgings makes strong debut on D-Street, lists over 18% premium - Financial Express
  5. Stock Market Highlights - 27 December 2023 - The Hindu Business Line

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December 28, 2023
Print

Happy Forgings closes 21.1% higher

Happy Forgings presents a mixed bag for investors. The lower-than-expected listing raises concerns, but the de- cent gain and strong funda-

mentals offer a counterpoint, says Shivani Nyati, Head of Wealth, Swastika Investmart Ltd. "Given the uncertainty surrounding the listing, a cautious approach is recommen- ded," she said.

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December 27, 2023
Online

Listings of newly added stocks

Shivani Nyati, Head of Wealth, Swastika Investmart Ltd, said, "RBZ Jewellers' stock market debut mirrored pre-listing whispers, landing at Rs 100 per share, flat listing with zero listing gain on its issue price. This lackluster listing, in line with the subdued grey market trend, reflects cautious investor sentiment toward the company despite its apparent strengths."Read More :

  1. Muted start for RBZ Jewellers as shares list at Rs 100, same as issue price - India Today
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December 27, 2023
Online

Stock Market Analysis and Recommendations

A few largecap stocks namely ITC Ltd, ICICI Bank Ltd and Infosys Ltd are likely to remain under the spotlight today. Here is what Pravesh Gour, Senior Technical Analyst at Swastika Investmart has to say on these stocks ahead of Wednesday's trading session. Read More :

  1. Kalyan Jewellers, JB Chemicals, India Pesticides may deliver 12-14% return - MoneyControl
  2. ICICI Bank, Infosys, ITC: Key support and resistance levels for these large-cap stocks - Business Today
  3. Hot Stocks Today: इन 3 स्टॉक्स में बनेगा खूब पैसा, जानिए एक्सपर्ट ने क्यों दी है दांव लगाने की सलाह - Money Control (Hindi)
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December 27, 2023
Online

New Stock Listings

Despite these considerations, the IPO's attractive valuation of 16x P/E offers a degree of risk mitigation. Considering Motisons' strong brand, proven track record, and growth plans, alongside the current market sentiment, analysts at Swastika Investmart had recommended applying for this IPO with 'cautious optimism'.Read More:

  1. Motisons Jewellers freezes 5% lower circuit, zooms 100% against issue price - Business Standard
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December 26, 2023
Print

small stocks lead 2023 bull run

"Despite a turbulent start in 2023, plagued by inflation anxieties, interest rate jitters, and murmurs of a global recession, the Indian market defied all expectations and is poised to finish the year with a resounding victory. While the Adani saga and the Israel- Palestine conflict threw temporary wrenches in its progress, the market navigated these challenges with remarkable maturity, showcasing its inherent resilience," says Sunil Nyati, Managing Director, of Swastika Investmart, a stock broking services company.

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December 26, 2023
Online

General Market Trends

"The surge in the equity markets can be attributed primarily to the robust fundamentals of the Indian economy, resilient in the face of global challenges. A key driver has been the anticipation of sustained political stability and the likelihood of additional economic reforms, coupled with the assurance of interest rates reaching their peak," Sunil Nyati, Managing Director of Swastika Investmart Ltd, said as quoted by PTI.Read More:

  1. Stock Market Performance in 2023 Bull Run - These Stocks Gave Investors Massive Earnings This Year (Year-End Special 2023) - ET Now News

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December 26, 2023
Online

Outlook for 2024

“Despite a turbulent start in 2023, plagued by inflation anxieties, interest rate jitters, and murmurs of a global recession, the Indian market defied all expectations and is poised to finish the year with a resounding victory. While the Adani saga and the Israel-Palestine conflict threw temporary wrenches in its progress, the market navigated these challenges with remarkable maturity, showcasing its inherent resilience,” says Sunil Nyati, Managing Director, of Swastika Investmart, a stock broking services company.Read More:

  1. Outlook 2024 - With No Apparent Hurdles on Horizon, Road Seems Clear for Stock Investors - The Print
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December 26, 2023
Online

Small Stocks Leading 2023 Bull Run

"A key driver has been the anticipation of sustained political stability and the likelihood of additional economic reforms, coupled with assurance of interest rates reaching their peak," Sunil Nyati, Managing Director of Swastika Investmart Ltd, said.Read more :

  1. Small Stocks Lead D-St on Bull Run in 2023, Give Big Returns to Investors - Business Standard
  2. Small Stocks Lead 2023 Bull Run, Give Big Returns to Investors - The Hindu
  3. Small Stocks Lead 2023 Bull Run, Give Big Returns to Investors - Times of India
  4. Small Stocks Lead 2023 Bull Run, Give Big Returns to Investors - Deccan Herald
  5. Small Stocks Lead 2023 Bull Run, Giving Massive Returns to Investors - Business Insider
  6. Small Stocks Lead 2023 Bull Run - Daily Pioneer
  7. Small Stocks Lead 2023 Bull Run; Give Big Returns to Investors - DailyExcelsior
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December 21, 2023
Online

Anticipated Milestones and Highs

According to Sunil Nyati, Managing Director, Swastika Investmart, midcap and smallcap stocks dominated the market during most of the year, fuelled by robust macroeconomic fundamentals and ample domestic liquidity. However, the final two months witnessed a dramatic shift, with largecap indices stealing the limelight. “This surge can be attributed to a confluence of factors: the impending elections fostering political stability, promising whispers of rate cuts in 2024, and a much-needed decline in energy prices, finally enticing foreign investors back into the fold. This influx of foreign capital propelled large-cap indices to new record highs.”Read more:

  1. 2024 Ahoy! Sensex 70k: A Year of Historic Milestones Set to Hit New Highs - Fortune India
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December 19, 2023

RBZ Jewellers IPO

December 18, 2023
Online

Market Experts' Predictions

"The successful close above the 48,000 hurdle opens the door for additional bullish momentum toward levels of 48,500/48,800," Santosh Meena, Head of Research at Swastika Investmart said.He feels immediate support lies at 47,500, with a critical support zone at 47,000–46,800 in case of a downturn.Read more:

  1. Trade Setup for Monday: 15 Things to Know Before Opening Bell - MoneyControl
  2. Markets to Track Global Trends, Trading Activity of Foreign Investors This Week - Analysts - Outlook India
  3. Market Outlook This Week: Analysts Say Markets to Track Global Trends, Trading Activity of Foreign Investors - Financial Express (Hindi)
  4. FIIs Pump in $2.6 Billion into Dalal Street in Just 5 Days - Will the Frenzy Last? - Navbharat Times
  5. Market Prediction for December 18th, 2023: Watch Lupin and Tata Power Company - Navbharat Times (Hindi)
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December 18, 2023
Online

Updates on Initial Public Offerings

Indec Securities and Swastika Investmart has also given 'subscribe' tag to Motison Jewellers IPO whereas GoldenTrunk Capital Ventures has not rated the public issue.Read more:

  1. Muthoot Microfin IPO Opens Today: GMP, Subscription Status, Price, Other Details - LiveMint
  2. Suraj Estate IPO Opens Today: GMP, Subscription Status, Date, Review, Other Details - LiveMint
  3. Motisons Jewellers IPO Opens Today: GMP, Price, Subscription Status, Other Details - LiveMint
  4. Muthoot Microfin IPO to Open for Bidding Today: Should You Subscribe to the Issue? - Business Today
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December 18, 2023
Online

Global Market Trends and Analysis

“From a technical standpoint, the Nifty is maintaining its bullish momentum, marked by a breakout from a flag formation. The immediate target stands at 21,700, with the possibility of further upward movement to 22,000, although some consolidation may follow,” said Santosh Meena, head of research, Swastika Investmart.Read more:

  1. FII Flows, 11 IPOs, Accenture Results - 8 Factors Influencing D-Street This Week - The Economic Times
  2. Big Movers on D-Street: What Should Investors Do with PNB, PB Fintech, and Deepak Nitrite? - The Economic Times
  3. Markets to Track Global Trends, Trading Activity of Investors - Analysts - Business Standard
  4. Indian Markets Record the Longest Weekly Winning Streak in Six Years - LiveMint
  5. Week Ahead: IPO Action, FII Activity, Global Cues Among Key Market Triggers - LiveMint
  6. Nifty 50, Sensex Today: What to Expect from Indian Stock Market in Trade on December 18 - LiveMint


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December 18, 2023
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Equities to focus on FIIs this week

While the previous week was predominantly shaped by developments in the US Federal Reserve policy, attention will now shift to the Bank of Japan's policy decision on December 19," Santosh Meena, Head of Research, Swastika Investmart Ltd,said.

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December 18, 2023
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 IT stocks leapfrog amid bull run

Initial concerns about a US recession have been alleviated, thanks to encourag- ing economic data. The shift in expecta- tions regarding the rate cycle, coupled with an improved outlook for the US economy, is driving a pronounced rally in IT stocks. Largecap IT names, boasting comfortable valuations, are particularly benefiting from this positive sentiment, attracting substan- tial interest from institutional investors," said Sunil Nyati, managing director, Swastika Investmart.

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December 15, 2023
Online

Inox India IPO Subscribed Fully

Swastika Investmart suggests subscribing to the IPO, highlighting InoxCVA's leading position in the cryogenic equipment sector, diverse customer base, robust order book, and stable financial performance.Read more:

  1. Inox India IPO Opens Today: Current Status and Other Details to Subscribe or Not - Hindustan Times
  2. Inox India IPO Subscribed Fully: Check GMP, Price Band, and More - India Today
  3. Inox India IPO Open for Subscription: Brokerage Houses Bullish, Gives Subscribe Rating - Financial Express (Hindi)
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December 15, 2023
Online

DOMS Industries IPO Subscribed 7 Times So Far on Day 2

"Doms has demonstrated impressive financial growth in recent years, solidifying its market position and future potential. Despite the fully priced valuation of 43x P/E, we recommend subscribing to the Doms IPO based on its strong brand, consistent growth, and promising market outlook," said Swastika Investmart.Read more at:

  1. DOMS Industries IPO Subscribed 7 Times So Far on Day 2 of Bidding Process - Economic Times

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December 14, 2023
Online

Nifty, Sensex Bask at Record Highs

Both Nifty and Bank Nifty are currently experiencing strong bullish momentum and trading in uncharted territory. Nifty faces immediate resistance at 21,025, with further target levels of 21,175 and 21,325. However, a strong support level exists at 20,850, with 20,600 serving as a critical support at any pullback. The overall trend remains bullish, although some intraday consolidation or pullbacks are likely," said Santosh Meena, Head of Research, Swastika Investmart.Read more:

  1. Nifty, Sensex Bask at Record Highs: What's Next? - Moneycontrol
  2. Bullish Momentum Surges as Sensex Soars to Record-Breaking 70,000 Points - Outlook India
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December 14, 2023
Online

DOMS Industries IPO subscribed 5.12 times

According to Shivani Nyati of Swastika Investmart, DOMS has demonstrated impressive financial growth in recent years, solidifying its market position and future potential. "Despite the fully priced valuation of 43 times P/E (price-earnings), we recommend subscribing to the DOMS IPO based on its strong brand, consistent growth, and promising market outlook," Nyati said.Read more:

  1. DOMS Industries IPO Subscription Data: Day One - India Shelter Finance Issue Subscription Status, GMP - CNBC TV18
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December 14, 2023
Online

DOMS Industries IPO

"DOMS has demonstrated impressive financial growth in recent years, solidifying its market position and future potential. Despite the fully priced valuation of 43x P/E, we recommend subscribing to the Doms IPO based on its strong brand, consistent growth, and promising market outlook," said Swastika Investmart.Read more at:

  1. DOMS IPO Fully Subscribed in One Hour of Bidding Process; Retail Portion Booked 4x - Economic Times
  2. DOMS Industries IPO Opens for Subscription: Brokerage Reviews, GMP, Price Band, Key Dates - India Today

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December 14, 2023
Online

India Shelter Finance IPO

India Shelter Finance Corporation is a growing affordable housing finance company with a retail-focused portfolio. It has an extensive and diversified distribution network and a strong risk management system. It is a technology-driven company with a scalable operating model. The financial performance of the company has also been stable, said Swastika Investmart.Read more:

  1. India Shelter Finance IPO Opens: Should You Subscribe to the Issue? - Economic Times
  2. India Shelter Finance IPO Fully Subscribed on Day 1; Retail, NII Books Sail Through - Business Today
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December 14, 2023
Online

Inox India IPO

"The company's extensive product portfolio, diversified customer base, robust order book, and stable financial performance demonstrate its strong competitive position and future growth potential. We recommend a ‘Subscribe’ rating to the IPO for both potential listing gains and long-term capital appreciation," said Swastika Investmart.Read more at:

  1. Inox India IPO Opens for Subscription: Should You Apply? - Economic Times
  2. Inox India IPO Opens Today: GMP Review, Subscription Status, Other Details - LiveMint

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December 13, 2023
Online

Market Tactics

Stocks that were in focus included names like RBL Bank, which rose 4.86%, Praj Industries, which fell 11%, and Five-Star Business, whose shares declined 2.85% on Friday.Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today.Read more:

  1. Big Movers on D-Street: What Should Investors Do with RBL Bank, Praj Industries, and Five Star Business - MSN Finance
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December 13, 2023
Online

Stock Strategies

A few stocks namely Infosys Ltd,Tata Steel Ltd and Indian Railway Finance Corporation Ltd could be in the spotlight today. Here is what Santosh Meena, Head of Research at Swastika Investmart has to say on these stocks ahead of Wednesday's trading session.Read more:

  1. Hot Stocks: Bet on Carborundum Universal, RCF, Chalet Hotels for 11-14% Gains - Moneycontrol
  2. Infosys, Tata Steel, IRFC: Trading Strategies for These Buzzing Stocks - Business Today

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December 13, 2023
Online

IPO Insights

"It is a technology-driven company with a scalable operating model. The financial performance of the company has also been stable. Based on its solid fundamentals, attractive valuation, and long-term growth potential, we recommend a ‘Subscribe’ rating for the IPO," said Swastika Investmart.Read more at:

  1. India Shelter Finance IPO Opens: Should You Subscribe to the Issue? - Economic Times
  2. DOMS Industries IPO Opens for Subscription: Should You Bid? - Economic Times


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December 12, 2023
Online

Bullish Momentum

Several factors contributed to this remarkable performance. One key driver was the resounding victory of the Bharatiya Janata Party (BJP) in the recent state elections, which boosted investor confidence in the stability and continuity of the government's economic policies," said Santosh Meena, Head of Research, Swastika Investmart Ltd.Read more :

  1. Bullish Momentum Surges as Sensex Soars to Record-Breaking 70,000 Points, Ignites Investor Optimism - Outlook India
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December 11, 2023
Online

Markets to react positively to BJP’s big victory in three states

Markets are likely to celebrate with big gains, Sunil Nyati, Managing Director, Swastika Investmart Ltd, said on BJP registering big wins in Madhya Pradesh, Rajasthan and Chhattisgarh.Read More:

  1. Markets to React Positively to BJP's Big Victory in Three States, RBI Interest Rate Decision Eyed - Experts - Orissa Post
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December 11, 2023
Online

Market Projection and Outlook

The RBI policy has maintained the expected line with no change in policy rates or stance. Governor Das expressed confidence in economic growth, anticipating inflation to reach 4.2% by Q3 2024. Our market continues its bullish momentum, with the Nifty reaching a significant milestone of 21,000. We believe this momentum will persist, potentially experiencing some consolidation along the way. Banking and financial stocks are particularly well-positioned to outperform, given their current valuations and fundamental strengths. Nifty can head towards 21,275/21,500 and Bank Nifty can test 48,800/50,000 in the medium term,” said Santosh Meena, Head of Research, Swastika Investmart.Read More:

  1. Share Market Live: Sensex, Nifty Likely to Open Flat; Gift Nifty Flat, Asian Markets Trade Mixed - Financial Express
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December 11, 2023
Online

Comprehensive Market Examination

Santosh Meena, Head of Research at Swastika Investmart said the market continued its bullish momentum, with the Nifty reaching a significant milestone of 21,000. "We believe this momentum will persist, potentially experiencing some consolidation along the way.Read More:

  1. Stock Market: RBI MPC Status Quo on Repo Rate - What Does It Mean for Indian Equity Markets? - CNBCTV18
  2. Nifty, Sensex Bask at Record Highs - What's Next? Here's What Market Experts Say - MoneyControl
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December 11, 2023
Online

Market Movements and Trends

Santosh Meena, Head of Research, Swastika Investmart sees strong bullish momentum for both Nifty and Bank Nifty, which are currently trading in uncharted territory."Nifty faces immediate resistance at 21,025, with further target levels of 21,175 and 21,325. However, a strong support level exists at 20,850, with 20,600 serving as critical support at any pullback. The overall trend remains bullish, although some intraday consolidation or pullbacks are likely," Meena said.Read more at:

  1. RBI MPC: Experts Decode Policy, Spell Out Their Investment Bets - Economic Times
  2. FOMC, IPO Action, and 9 Other Factors That Will Steer D-Street This Week - Economic Times


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December 11, 2023
Online

Stock Movements

Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today.RBL Bank - Bullish
The counter is coming out of a long consolidation with strong volume. The overall structure is very bullish as it trades above its all-important moving averages.Read more at:

  1. Big Movers on D-Street: What Should Investors Do With RBL Bank, Praj Industries, and Five Star Business? - Economic Times
  2. BHEL's Stock Has Doubled in 2023, But Some Still Wary - Economic Times


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December 7, 2023
Online

Financial Markets Update

Swastika Investmart के सीनियर टेक्निकल एनालिस्ट प्रवेश गौड़ का मानना है कि कुछ स्टॉक्स पर दांव लगाने से शॉर्ट टर्म में अच्छी कमाई हो सकती है। उन्होंने निम्नलिखित स्टॉक्स पर दांव लगाने की सलाह दी है और पढ़ें :

  1. Hot Stocks Today - December 6, 2023: JK Paper, Vedant Fashions, Indian Hume Pipe
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December 7, 2023
Online

Market Outlook

“The listing of Tata Technologies is a positive development for the company and the engineering services sector. Investors who participated in the IPO should consider holding on to their shares for the long term, as the company is well-positioned for sustained growth,” advised Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, expressing optimism about the company’s future.Read more:

  1. Indian Stocks Remain on Q2 GDP Numbers, Nifty Hits Record High-NewsX
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December 6, 2023
Online

Market Highlights and Updates

"FIIs, who had been net sellers for months, resumed buying in November. Despite this shift, their overall holdings remain at multi-year lows. With India offering attractive growth prospects and political stability, FIIs are finding it hard to resist the allure of Indian debt. The icing on the cake is the decline in US bond yields and crude oil prices, further enhancing India's appeal," said Sunil Nyati, Managing Director of Swastika Investmart Ltd.Read more:

  1. Stock Market Highlights - December 5, 2023 - The Hindu BusinessLine
  2. Foreign Investors Make Beeline for Indian Stocks - Times of Oman
  3. PressReader - Foreign Investors Make Beeline for Indian Stocks - Times of Oman
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December 6, 2023
Online

Stock Analysis and Trading Strategies

Pravesh Gour, Senior Technical Analyst at Swastika Investmart observed that the counter has witnessed a breakout of a cup and handle formations on the weekly chart with huge volume. It has retested its previous breakout level at around ₹955 and started a new leg of rally towards ₹1,200. Moreover, on the daily chart, the stock has broken out of a triangle formation.Read more:

  1. Ramco Cements Share Price Hits 52-Week High, Up 47% This Year - Is It Still Buy-Worthy? - LiveMint
  2. Infosys, TCS, HCL Tech: Trading Strategies for These Buzzing Blue-Chip IT Stocks - Business Today
  3. Hot Stocks: Expect Double-Digit Returns in JK Paper, Vedant Fashions, Indian Hume Pipe - MoneyControl
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December 5, 2023
Online

Market Outlook - December 5, 2023

Santosh Meena, Head of Research, Swastika Investmart

Nifty's immediate target is 20,750, with a level of 21,000 easily within reach. The previous breakout level of 20,222 will serve as the market's floor, and with the pre-election rally underway, Nifty could climb towards 22,500 ahead of the general election.Read more:

  1. Can Nifty 50 Hit 25,000 by General Elections 2024? Experts Weigh In - LiveMint
  2. Sensex, Nifty at Record High: BJP Electoral Victory a Good Time to Invest in Stock Market - India Today
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December 5, 2023
Online

Market Performance and Election Impact

Pravesh Gour, senior technical analyst at Swastika Investmart, is positive on the stock and sees scope for more upside.“As the trades above its all-important moving averages, any new position can be made only above Rs 52; above this, we can expect a big rally towards Rs 60,” Gour said, seeing a strong support of Rs 43.50.Read more:

  1. December Superstars: These 5 Stocks Gave Double-Digit Returns 3 Consecutive Times - Economic Times
  2. BJP Sweep Powers Nifty to Another High; Sensex Gains 1000 Points to Hit a New Peak - MoneyControl
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December 5, 2023
Online

Market Outlook - December 4, 2023

December 4, 2023
Online

Market Highlights - December

Here is the post-listing view on Flair Writing Industries from Shivani Nyati, Head of Wealth, Swastika Investmart Ltd.

Flair Writing Industries Ltd. (Flair Writing) made a strong debut on the stock markets, listing at Rs 503 per share, a premium of 65.4% over its IPO price of Rs 304. The listing was even above expectations, given the strong fundamentals of the company and the positive investor sentiment surrounding the IPO.Read more:

  1. Share Market Nifty Sensex Highlights on 01 December 2023 - The Hindu BusinessLine
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December 4, 2023
Online

Flair Writing Industries IPO Debut

"The listing was even above expectations, given the strong fundamentals of the company and the positive investor sentiment surrounding the IPO," said Shivani Nyati, Head of Wealth at Swastika Investmart.Read more:

  1. Flair Writing IPO Listing Today: GMP, Share Price, Debut Premium, Issue Price - CNBC TV18
  2. Flair Writing Hit Lower Circuit After Debut: Should You Hold the Stock? - Business Today
  3. Flair Writing Industries IPO Soars: Stocks Debut With a Remarkable 66% Premium - Business World
  4. Flair Writing Industries Makes Strong Market Debut: Lists at 65% Listing Gains - News18
  5. Flair Writing IPO: Bumper Debut at 66% Premium Over Issue Price - India Today
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December 4, 2023
Online

IPO Market Highlights

According to domestic brokerage Swastika Investmart, the listing was even above expectations, given the strong fundamentals of the company and the positive investor sentiment surrounding the IPO. “Flair Writing is a leading manufacturer of writing instruments in India with a well-diversified product portfolio and a strong brand reputation. The company has a proven track record of growth and profitability. The IPO was oversubscribed 49.28 times, indicating strong investor interest,” says Shivani Nyati, Head of Wealth, Swastika Investmart Ltd.Read more:

  1. BSE Sensex Today Live: Nifty Stock Market Updates - 01 December 2023 - Economic Times
  2. Flair Writing Industries Shares List at 65% Premium Over IPO Price - Fortune India
  3. Flair Writing IPO: Live Updates on Share Price, Debut, and More - LiveMint
  4. Share Market Highlights on 01 December 2023 - The Hindu BusinessLine
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December 4, 2023
Online

Global Trends

Global markets are currently in a fabulous mood. The US 10-year bond yield and the dollar index are also cooling off, which gives strength to the market," said Pravesh Gour, senior technical analyst, Swastika Investmart.Read more:

  1. Vote of Confidence Set to Propel Markets to New Life Highs - MSN
  2. BJP Huge Victory Will Make Stock Market Investors Rich: Experts - India TV
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December 4, 2023
Online

Market Evaluation

The US 10-year bond yield and the dollar index are also cooling off, which gives strength to the market. These factors will be closely monitored, as they have the potential to influence market sentiment," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. "Global markets are currently in a fabulous mood.Read more:
  1. Markets to Focus on State Elections Outcome, Global Trends: RBI's Interest Rate Decision - Analysts - Moneycontrol
  2. Market Outlook: Election Results in 5 States, RBI MPC Repo Rate Announcement, and Crude Oil Price to Move Markets Next Week - Zee Business
  3. How Markets Will Fare This Week - Rediff Money
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December 4, 2023
Online

Market Dynamics

The upcoming state polls are being considered a semi-final before the 2024 assembly elections. A stable political environment could boost investor confidence and drive the market higher. If the election outcome is not favorable, then we can expect a fall of 1-2 per cent in the market, but that will be a buying opportunity as the market will look for the general election in 2024,'' said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.Read More:

  1. Over 40 Smallcap Stocks Gain 10-30% as Sensex Hits 11-Week High on Macro Data, FII Inflows - LiveMint
  2. Week Ahead: RBI Policy, State Assembly Election Results, FII Activity - Key Market Triggers This Week - LiveMint
  3. Assembly Election Results 2023: Will the Big Win for BJP Catapult Nifty 50 to 23,000? - LiveMint
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December 4, 2023
Online

Markets to React Positively to BJP's Big Victory in 3 States

Markets are likely to celebrate with big gains, Sunil Nyati, Managing Director, Swastika Investmart Ltd,said on BJP registering big wins in Madhya Pradesh, Rajasthan and Chhattisgarh.Read more at:

  1. Markets to React Positively to BJP's Big Victory in 3 States: RBI Interest Rate Decision Eyed - Experts - Economic Times



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December 4, 2023
Online

Market Sentiment Analysis

Global markets are currently in a fabulous mood. The US 10-year bond yield and the dollar index are also cooling off, which gives strength to the market,” said Pravesh Gour, senior technical analyst, Swastika Investmart.Read more:

  1. Big Movers on D-Street: What Should Investors Do with HAL, Tata Communications, and Delta Corp? - Economic Times
  2. Markets to Focus on State Elections Outcome, Global Trends: RBI's Interest Rate Decision - Analysts - The Hindu BusinessLine
  3. Vote of Confidence Set to Propel Mkts to New Life Highs - Mumbai - Times of India
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December 4, 2023
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BJP's poll wins fuel optimism for market gains

Markets are likely to celebrate with big gains, Sunil Nyati, managing director, Swastika Investmart Ltd, said on BJP registering big wins in Madhya Pradesh, Rajasthan and Chhattisgarh. From the macrocosmnomic data front, PMI (Purchasing Managers' Index) data for the services sector will be announced on Tuesday. RBI's interest rate decision will be announced on Friday.

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December 4, 2023
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BJP's big victory

Global markets are currently in a fabulous mood. The US 10-year bond yield and the dollar index are also cooling off, which gives strength to the market. These factors will be closely monitored, as they have the potential to influence market sentiment," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.

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December 1, 2023
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Market Performance Summary

Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, said: The company's strong fundamentals, robust demand for the IPO and strong listing price suggest that the company is well-posi- tioned for growth in the fu- ture. However, investors may consider to book profit.

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December 1, 2023
Online

Updates on the Stock Market

The Nifty has successfully broken out of its consolidation phase, closing above the significant resistance at 19,875. The potential for a further rally towards the 20,150-20,220 levels is now evident,said Pravesh Gour, Senior Research Analyst at Swastika Investmart Ltd.Read more:

  1. These 3 Stocks May Deliver 12-14% Return as Nifty Aims for a Record High - Moneycontrol


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December 1, 2023
Online

Market Movements Overview

The listing was above the market expectations, reflecting the strong fundamentals and growth potential of the company. IREDA's strong financial performance and focus on the burgeoning renewable energy sector make it an attractive investment proposition. The renewable energy sector is poised for significant growth in the coming years, driven by government initiatives and increasing environmental concerns,” says Shivani Nyati, Head of Wealth, Swastika Investmart.Read more:

  1. IREDA Trumps Street Expectations With a Robust Debut: Is It a Good Long-Term Bet? - Fortune India
  2. Tata Technologies IPO Leads the Bumper Listing: Gandhar Oil, Fedfina Shares Follow Suit - LiveMint
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December 1, 2023
Online

Highlights from the Market

The Nifty’s recent crossing of the psychological level of 20,000 and the BSE market cap’s ascent to the $4 trillion mark signal the start of a fresh momentum. Domestic liquidity has provided support, but the lack of foreign inflows due to high US bond yields has been a hindrance. Fortunately, interest rates in the US have peaked, and the dollar index is declining, which is expected to attract foreign institutional investor (FII) inflows into the Indian equity market. Despite strong fundamentals, volatility is expected leading up to the state election results. However, any weakness caused by this could present a compelling buying opportunity,” said Santosh Meena, Head of Research, Swastika Investmart.Read more:

  1. Nifty Reclaims and Sustains Above 20,000: What Lies Ahead? - Financial Express
  2. Market Cap of BSE-Listed Firms Hit 4 Trillion Mark for the First Time Ever - LiveMint
  3. Nifty Reclaims Mount 20K After 47 Trading Sessions: What's Fuelling the Rally? - Moneycontrol
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December 1, 2023
Online

Updates on (IPOs)

IREDA's strong financial performance and focus on the burgeoning renewable energy sector make it an attractive investment proposition," said Shivani Nyati, Head of Wealth, Swastika Investmart.Read more:

  1. IREDA Shares Rally 15%, Double from IPO Issue Price in Two Days - Economic Times
  2. Tata Technologies IPO: Investors Make 180% Return on Day 1 - Economic Times
  3. Gandhar Oil Refinery Makes Striking Debut With a 75% Premium Over IPO Price on Listing Day - Business World
  4. Fedbank Financial Services IPO Listing: Stock Headed for Flat to Negative Debut - CNBC TV18
  5. Record Listing Gain for Tata Tech: 3rd Best Ever - The New Indian Express


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December 1, 2023
Print

Gandhar Oil stock ends 78.4% higher on Day 1

Gandhar Oil's shares were listed at Rs 298 on the NSE as against the issue price of Rs 169, giving a listing gain of 75%. The white oil manufacturer's stock closed at Rs 301.5 a piece.Shivani Nyati health of Wealth,Swastika Investmart said that the company's strong fundamentals, robust de- mand for the IPO, and strong listing price suggest that it is well-positioned for growth in the future. "However investors may consider to book profit in it once," she added.

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November 30, 2023
Online

These 3 Stocks May Deliver 12-14% Return

The Nifty has successfully broken out of its consolidation phase, closing above the significant resistance at 19,875. The potential for a further rally towards the 20,150-20,220 levels is now evident.Notably, the immediate and robust support level stands at 19,800, providing a solid foundation, with 19,600 acting as a pivotal base for any potential pullback,said Pravesh Gour,senior research analyst at Swastika Investmart.Read more:

These 3 Stocks May Deliver 12-14% Return as Nifty Aims for a Record High - Moneycontrol

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November 30, 2023
Online

Sensex and Nifty Live Updates

Nifty Today | Stock Market View: Santosh Meena, Head of Research, Swastika Investmart

The Nifty's recent crossing of the psychological level of 20,000 and the BSE market cap's ascent to the $4 trillion mark signal the start of a fresh momentum. Domestic liquidity has provided support, but the lack of foreign inflows due to high US bond yields has been a hindrance.Read more:

  1. Sensex and Nifty Live Updates - Economic Times
  2. Market Cap of BSE-Listed Firms Hits ₹4 Trillion Mark - LiveMint
  3. Sensex, Nifty Live Updates - The Hindu Business Line
  4. Nifty Reclaims Mount 20K After 47 Trading Sessions - Moneycontrol
  5. M-Cap of BSE-Listed Companies Hits ₹4 Trillion Mark for First Time Ever - Business Today
  6. Sensex Jumps 250 Pts, Nifty Near 20,000 - News18

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November 30, 2023
Online

Market Updates November

IREDA's strong financial performance and focus on the burgeoning renewable energy sector make it an attractive investment proposition," said Shivani Nyati, Head of Wealth, Swastika Investmart.Read more at:

  1. IREDA Trumps Street Expectations with a Robust Debut - Economic Times
  2. IRDEA Shares Debut at 56% Premium Over IPO Price - Fortune India
  3. Tata Technologies Share Price Live Updates - LiveMint
    IREDA Sees Bumper Debut, Lists Over 56% Premium - Financial Express
  4. IRDEA Rises 88% on Listing; All Eyes on Tata Tech, Other IPOs - The New Indian Express
  5. IREDA Gets Mega Listing at 56.25% Premium - Business World
  6. IREDA Makes Stellar Debut, Stock Lists at 56% Premium - Business Standard
  7. Tata Technologies IPO Listing Tomorrow: What Do Experts Say? - Business Standard
  8. Tata Technologies Share Allotment & Listing Date - Times of India
  9. Fedbank Financial Services IPO Listing - CNBC TV18
  10. Indian Stocks Gather Steam; Eyes on Assembly Polls Outcome - The Print (WebIndia123.com)
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December 29, 2023
Online

Trading Strategies for Cement Stocks

few cement stocks namely Ambuja Cements Ltd, UltraTech Cement Ltd and India Cements Ltd are likely to be in focus today. Here is what Pravesh Gour, Senior Technical Analyst at Swastika Investmart has to say on these stocks ahead of Wednesday's trading session.Read more:

  1. Trading Strategies for Cement Stocks - Ambuja Cements, UltraTech, India Cements-Business Today
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November 29, 2023
Online

News on Initial Public Offerings (IPOs)

The grey market premium (GMP) for IREDA shares is currently ₹10, suggesting that the shares could list at around ₹42 per share. The IPO was priced fairly, reflecting the company's strong fundamentals and growth potential. Therefore, the IREDA IPO is likely to generate decent listing gains," said Shivani Nyati of Swastika Investmart.Read more:

IREDA IPO Shares to List on Wednesday, November 29 - Stock May Debut at Premium: What GMP Signals-CNBC TV18

IPO Frenzy: Grey Market Suggests Fedbank Listing May Come a Cropper, But Tata Tech a Bumper-Money Control

IREDA IPO's Grey Market Premium Doubles - What to Expect from Listing-Business Today

Tata Tech IPO Allotment in Next Few Hours - GMP Stays Firm: Here's What to Expect-Business Today

Anticipation Builds As Tata Technologies, IREDA IPOs Prepare for Indian Market Debut-Business World

IREDA IPO to Debut on November 29 - Will It Beat Grey Market Premium?-Money Control

IREDA IPO Listing is Expected to Debut with Around 30% Premium on November 29 - Check GMP-Money Control

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November 29, 2023
Online

Updates on the Market

Pre-listing view on Tata Tech IPO from Shivani Nyati, Head of Wealth, Swastika Investmart Ltd.

Tata Technologies, a global leader in engineering services, is set to make its much-awaited stock market debut soon. The grey market premium (GMP) for Tata Technologies shares is currently ₹320 (82.80%), indicating that the shares could list at around ₹914 per share. The IPO has received an overwhelming response from investors, oversubscribing by a more than 69 times.Read more:

  1. BSE Sensex and Nifty Stock Market Updates - 28 November 2023-The Economic Times
  2. Stock Market Highlights - 28 November 2023-The Hindu Business Line
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November 28, 2023
Online

Analyzing Sensex's Big Movers

Here’s what Pravesh Gour, Senior Technical Analyst, Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today.

Paytm
The counter has witnessed a breakout of a triangle formation, which is generally considered a bullish signal. It retested its previous breakout levels. It has found a strong base at around Rs 870, and it is trading above all important moving averages. The structure of the counter becomes so lucrative for long-term investors.Read More:

  1. Big Movers on D-Street: Analyzing Paytm, LIC, and Balrampur Chini Mills-The Economic Times
  2. Analyzing Sensex's Big Movers: What to Do with Paytm, LIC, and Balrampur Chini Mills-Verve Times

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November 28, 2023
Online

Sensex, Nifty set for flat open amidst F&O expiry and exit polls

Santosh Meena, Head of Research, Swastika Investmart Ltd, said: F&O expiry, exit polls, and macro numbers may trigger volatility this week. “The market was largely quiet this past week, with no significant changes in the headline indices. However, there was some stock-specific activity. Global cues were favorable, but investors are awaiting the results of the state elections. Additionally, liquidity is tied up in primary markets due to the recent surge of IPOs,” he said

  1. Sensex, Nifty Set for Flat Open Amidst F&O Expiry and Exit Polls-The Hindu Business Line
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November 28, 2023
Online

Market Insights and Stock Analysis

Despite the premium valuation, the IPO received a positive response from investors. This is likely due to the company's strong brand recognition, diversified product portfolio, and pan-India presence," said Shivani Nyati, head of wealth at Swastika Investmart, after the listing of the stock.Read More:

  1. Cello World Rallies 4% on 4.5% Sequential Profit Surge-Money Control
  2. Tata Technologies Dazzles in Grey Market, Trades at 82% Premium Ahead of Allotment-The Telegraph India
  3. Tata Technologies IPO: Stock Market Listing - Will Investors Make Money? Check Today's GMP and Expert Opinions-Zee News
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November 28, 2023
Print

Tata Technologies

The market is ready for the debut of five new compa- nies and this will begin with the listing of Ireda, a leading non-banking financial insti- tution (NBFI) dedicated to re- newable energy projects. GMP for Ireda shares is currently at Rs 10, suggesting that the shares could list at around Rs 42 per share," Shivani Nyati, head of Wealth, Swastika Investmart Ltd, said.

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