Category: Market Outlook
28 August 2024
Market Outlook

US stocks edged modestly higher ahead of key earnings report due later this week. Dow closed just above the flat line, both S&P and Nasdaq added 0.16% each. The small cap Russell 2000 however underperformed with 0.67% cuts.

USD index fell near 100.55, 10 year traded near flat zone of 3.82% and cboe vix closed lower near 15.43.

Crude futures fell almost 2.00% as markets started to hope of resumption of Libyan production. WTI fell below 76, Brent below 79.

Indian markets ended near the flat zone on global equity cues that remained muted, both Sensex and Nifty traded just shy of life highs before giving up intraday gains towards the close. Auto, FMCG and Metal names lost some ground offset by gains made by BFSI and Pharma names. ER&D names from Tata group registered strong gains in an otherwise dull market.

*Muted global equity cues, fall in crude and USD index may help stocks on Dalal Street gain some ground. Participants may continue to focus on individual names for day's trade on rotational basis.*

(3.46 am IST)
Leave a Reply
ATTENTION INVESTORS:
• Precautions for clients dealing in options • || • Investor Charter : Annexure A – Stock Broker | Annexure A – Research Analyst (RA) | Annexure A – Investor Charter -DP • || • Advisory for KYC updation • || • Advisory for Investors • || • Investor Awareness regarding the revised guidelines on Margin Collection • || • Link your Aadhar number with us here. • || • IPO Subscription: " UPI Mechanism is Compulsory for Retail Investors. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." • || • Prevent Unauthorized Transactions in your Demat Account remains in investor's account." • || • Prevent Unauthorized Transactions in your Demat Account- Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile number for all debit and other important transactions in your demat account directly from CDSL on the same day. “ISSUED IN THE INTEREST OF INVESTORS” "Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day . Issued in the interest of Investors."
KMP | Products & Services | Global Investing | Research | Downloads | FAQs | Careers | Blogs | Media Center | ICCL Collateral
Milestone | Site Map | Disclaimer | Privacy Policy | Investor Grievances | CSR Policy | Form MGT 7 | BSE | NSE | CDSL | CDSL E voting | NSDL eVoting | AMFI | SCORES | SEBI Investor | SEBI
Registered Office : Sushil Financial Services Private Limited., 12, Homji Street Fort Mumbai-400 001 • Tel. No. +91-22-40936000 • Fax No. +91-22-22665758 • Email: info@sushilfinance.com

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. Receive alerts on your Registered Mobile number for all debit and other important transactions in your demat account directly from CDSL on the same day. Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.

Sushil Financial Services Private Limited - CIN No. U67120MH1991PTC063438- Member : BSE/ NSE. SEBI Registration No. - INZ000165135.. Depository Participant (CDSL) SEBI Registration No.- IN-DP-504-2020. Research Analyst SEBI Registration No.- INH000000867. IPO Distributor. AMFI Registered Mutual Fund Distributor ARN No. 77875 Registered Since : 04-Jan-2010 Valid till : 03-Jan-2027 .
© 2023 Sushil Finance. All rights reserved.