The market concluded the week on a positive note, marking a two-week winning streak following a previous two-week losing streak. Throughout the week, investor sentiment was influenced by a series of quarterly results. As the market gears up for the muhurat trading day scheduled for November 12th, historical data reveals that 9 out of the last 12 years have seen the Nifty50 shining in green, making it a favored choice for market participants during festive times. Notably, the market has experienced positive trends on the muhurat trading day for the past 5 consecutive years.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
The chart displays the best and worst Nifty 50 performers since the last Muhurat day.
Best & Worst Nifty MidCap Performers Since Last Muhurat!
The chart displays the best and worst Nifty SmallCap performers since Last Muhurat!
Here are the top and bottom Nifty IT performers since last Muhurat!
Best Nifty Auto Performers Since Last Muhurat!
Top Performing IPO Stocks Since Last Muhurat!
The Country's Largest Lender Reports A Strong Q2 Results!.
BOB Continues On its Strong Path; Reports Q2 Results!
The table shows a list of stocks in which promotors, FIIs and DIIs have increased their stakes in the July-September quarter.
Titan Ltd declared its results for Q2FY24, here’s how the quarter went
The performance of Varun Beverages for the quarter ended 30th Sep 2023.
Here’s how Lupin fared in Q2FY24.
The chart discloses the quarterly results of Alkem Laboratories for Q2FY24.
Here’s how Apollo Hospitals made money in the quarter ending 30th Sep 2023.
The chart below covers the Q2FY24 Results of Man Infrastructure.
The table below covers 16 companies that reported a whopping 5x jump in their profits.
Brigade Enterprises reported exceptional Q2FY24 results!
Here’s how MTAR Technologies performed in Q2FY24!
Prestige Estates reported good Q2FY24 results!
Vedanta Reports Weak Q2FY24 results!
Midcap Took a Breather in October After Consistently Outperforming Nifty 50 for Six Months!
The chart below shows the best performing indices since last Muhurat.
The chart discloses the Nifty50 performance on Muhurat day.
The Long-Short Ratio stood at 19.34% on 9th November, which indicates that the Foreign Portfolio Investors (FPIs) hold 19.34% long positions in Index futures.
The System Level Bank Credit Continues to Race Faster!
JKCEMENT took resistance around the previous swing high level of 3400 on the daily chart. Short covering at 3400 Strike is likely to drive a fresh leg of rally in the stock.
IOC broke past the previous swing high levels of 100 on the daily chart with rise in volumes.
Tata Steel has recovered from the previous support zone. Additionally, RSI is displaying a reversal signal.
SBILIFE has rebounded strongly forming a double-bottom pattern. The stock now stands on the cusp of a potential weekly breakout.
Image Source: (Visual Capitalist)
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