Category: Market Outlook
26 September 2024
Market Outlook

US stocks lost some steam as worries over the health of the economy resurfaced. Dow lost 0.70%, S&P gave back 0.19%, both the indices pulled back from life highs but Nasdaq managed to keep its head just above the flat line.

USD index moved higher to inch towards 101, 10 year too added some weight moving near 3.79% and cboe vix closed at 15.41.

Easing Libyan supply and China demand worries took crude prices lower by almost 2.00%, WTI dropped below 70, Brent near 73.50.

Indian markets rallied to fresh life highs, Sensex and Nifty closed above 85000 and 26000 for the first time in history adding 256 points and 64 points to overnight close respectively. Media, Power and Realty stocks took markets higher supported by Banking names and market heavyweight RIL. Mid and Small cap names lost some steam due to shift in focus.

*Mixed global equity cues, fall in crude prices and September series expiry will dominate trade set up on Dalal Street. Participants may watch out for some intraday volality and may wait for small pull back before putting money to work. As indicated Q4 of calender remains a period that is characterized as melt up phase with NAV moves towards the end of the period and this time it may not be very different, save for US election results related volatility near 4th - 5th November.*

(2.34 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 | 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

Compliance Officer Details: Name: Mr. Suresh Nemani, Email id: suresh.nemani@sushilfinance.com, Contact No: 022-40935000. In case of any grievances, please write to us on compliance@sushilfinance.com

Disclaimer :
For Research Analyst: Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Mutual fund investments are subject to market risks, read all scheme related documents carefully. Investments in securities market are subject to market risk, read all the related documents carefully before investing.

Protect Yourself from Fraudulent Activities: We want to ensure your safety and keep you informed. While we have not encountered any cases of impersonation involving our brand, it is important to stay vigilant. Fraudsters may misuse Sushil Finance name or Logo to promote fake brokerage schemes, investment opportunities, or other financial services. If you come across any suspicious activities or are unsure about the authenticity of an offer, please do not hesitate to contact us at : 📞 022-40934060 | 022-40934096 📧 social@sushilfinance.com Stay connected with us on our official social media platforms. Your security is our priority. Stay alert and verify any communication you receive to ensure it is from us.

© 2025 Sushil Finance. All rights reserved.