Category: Religare

Shares of Religare Enterprises rose over 4% after Sebi instructed an open offer by the Burman Group. Sebi criticized REL and advis…
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Shares of Religare Enterprises rose over 4% after Sebi instructed an open offer by the Burman Group. Sebi criticized REL and advised seeking approvals. Burman group planned to increase stake in REL, leading to a legal battle with REL in the Delhi High Court involving…
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Source: https://timesofindia.indiatimes.com/business/india-business/religares-shares-rise-after-sebis-open-offer-call/amp_articleshow/111149777.cms

By Gaurav Arora                                                       

The June series Nifty futures is currently trading with a premium of around 25 points.

After the election outcome week’s roller coaster rides where the index tested almost 21,250 and still managing to close around record highs, it’s now gradually inching higher, however the daily candles are not very decisive.

On the other hand, there was hardly any change…
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Source: https://www.financialexpress.com/market/cafeinvest-it-and-pharma-top-picks-for-religare-broking-ahead-of-budget-2024-3528592/lite/

By Ajit Mishra

Markets stayed in a consolidation phase and ended slightly higher, taking a pause after the volatile post-election week. The benchmark index’s tone was subdued from start to finish, resulting in modest gains for both the Nifty and Sensex, closing at 23,465.60 and 76,922.77, respectively. Sectoral buying and traction in select themes kept traders engaged. Notably, broader indices outperformed significantly, with gains ranging from 3.82% to 4.81%, surprising participants…
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Source: https://www.financialexpress.com/market/cafeinvest-recent-movements-in-nifty-suggest-a-time-based-correction-says-religare-broking-3528833/lite/

By Gaurav Arora 

The Jun series Nifty futures is currently trading with a premium of around 20 points.

After previous week’s roller coaster rides where the index tested almost 21,250 and still managed to close around record highs, it’s now trying to find some stability around current levels. 

Some OI got reduced in its futures as the event unfolds. On the other hand, there was hardly any change in OI in Bank Nifty Futures.

For the Index futures, FII Net Index Long exposure is…
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Source: https://www.financialexpress.com/market/cafeinvest-it-and-pharma-are-religare-brokings-top-picks-on-hopes-of-nifty-june-series-being-more-stable-3521399/lite/

Ajit Mishra

The past week was a roller coaster for participants as markets swung sharply in both directions before closing with strong gains. After a positive start, a sharp decline on Tuesday following the election results wiped out the gains of the last five months. 

However, conditions improved in subsequent sessions, allowing the benchmark to recover all losses and end near the week’s high. The Sensex hit a new record high, gaining 3.7%, while the Nifty rose by 3.4%, just missing…
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Source: https://www.financialexpress.com/market/cafeinvest-religare-broking-maintains-positive-outlook-on-nifty-with-potential-upside-of-24000-3520161/lite/