Nifty Trading
In charts: FPI flows to push Nifty towards 24200 in 2024, says ICICI Direct
US Rate cuts should induce flows, while domestic flows to rein in volatility. A stable currency will aid sentiments
 "In charts: FPI flows to push Nifty towards 24200 in 2024, says ICICI Direct")
Nifty reclaims 20,000, primed for biggest monthly gain since July 2022
Extended drop in US bond yields and dollar fuels optimism of earlier-than-expected interest rate decline
 "Nifty reclaims 20,000, primed for biggest monthly gain since July 2022")
Retail holding in NSE firms touch all-time high: All you need to know
This shift in ownership dynamics comes as private promoters saw a decline in shares, marking a 4-year low of 41.55 per cent on September 30, 2023, according to primeinfobase
 "Retail holding in NSE firms touch all-time high: All you need to know")
Nifty outlook and two stock picks by Vinay Rajani of HDFC Securities
Sustainable level above 18,201 could result in to momentum buying in the coming sessions, which could take Nifty towards next resistance of 18,500
 "Nifty outlook and two stock picks by Vinay Rajani of HDFC Securities")
One year of Nifty's lifetime high: Domestic equities stuck in a loop
The fall in the Indian market is far subdued, compared to many global peers that have slipped into bear-market territory
 "One year of Nifty's lifetime high: Domestic equities stuck in a loop")
BofA cuts Nifty target to 17,500, cites rupee depreciation, global slowdown
In August, BofA had revised its Nifty target upwards twice citing reduction in macro uncertainty
 "BofA cuts Nifty target to 17,500, cites rupee depreciation, global slowdown")
Strong rebound in BFSI funds makes a good case for taking an exposure
Since these funds can be volatile, limit your exposure to 5 per cent
 "Strong rebound in BFSI funds makes a good case for taking an exposure")
India's valuation premium to emerging market peers at five-month high
Nifty P/E 82% higher than MSCI EM; up from 54% in June
 "India's valuation premium to emerging market peers at five-month high")
Freak trade in Nifty options? Contracts with strike price 14,500 allowed
Market players said this could be due to punching error where the trader sold 14,500 call options instead of 16,500 call options
 "Freak trade in Nifty options? Contracts with strike price 14,500 allowed")
Most Nifty 50 firms beat sales estimates, many fare worse on profitability
Many have done worse on profitability
 "Most Nifty 50 firms beat sales estimates, many fare worse on profitability")
New margin norms weigh on volumes, brokers estimate 10-15% impact
Industry players say biggest impact could be on derivative futures volume followed by cash market volumes
 "New margin norms weigh on volumes, brokers estimate 10-15% impact")
How to trade Maruti, L&T, HEG, Graphite India and UltraTech Cement
The candlestick formation on the daily chart of Nifty50 index resembles engulfing pattern. On Friday, the index closed 69 points or 0.64 per cent lower, thus engulfing the previous candle.
 "How to trade Maruti, L&T, HEG, Graphite India and UltraTech Cement")
Move below the 200-day moving average indicates a long-term bear market
VIX has stayed fairly high, which indicates that fear exists. Breadth has been negative and there's more volume in net losers
 "Move below the 200-day moving average indicates a long-term bear market")
