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Market Updates - Angel One

Synopsis of 2021: How the domestic and global events affected the stock market

Synopsis of 2021: How the domestic and global events affected the stock market

28 December 2021

After a rough 2020, the world got worse. It only got worse. In the wake of the COVID-19 scandal, India’s healthcare system was brought to its knees. The country was also hit by the worst riots in its recent history. Despite the volatility, the Nifty50 is up more than 21 percent so far this year. …

Stock Market Holidays: NSE and BSE to remain close on these days

Stock Market Holidays: NSE and BSE to remain close on these days

28 December 2021

Stock Market Holidays The Indian stock exchanges have announced a list of stock market holidays for 2022. According to the Bombay Stock Exchange website, there will be 13 trade holidays in 2022, unlike in 2021, when there were 14 trading holidays. The Bombay Stock Exchange, or BSE Limited, is an Indian stock exchange on Dalal …

Medplus Health Services Stock Jumps 41% in Debut

Medplus Health Services Stock Jumps 41% in Debut

24 December 2021

The stocks of Medplus Health Services traded way above the opening price and closed around Rs. 1120 on both the stock exchanges with a gain of around 40.70% compared to its issue price. The gain was backed up by two main factors, viz. a three-day uptrend in the stock market and large demand received by …

Investors make a listing gain as Medplus Health Services shares list at Rs. 1040, 30.6% higher than its issue price of Rs. 796

Investors make a listing gain as Medplus Health Services shares list at Rs. 1040, 30.6% higher than its issue price of Rs. 796

23 December 2021

The shares of Medplus Health Services made their debut today on both the stock exchanges, BSE and NSE. On the National Stock Exchange, they listed at Rs. 1040 and started trading higher since the first trade. It gave a similar performance in early trading hours on the Bombay Stock Exchange as well after listing at …

CE Info Systems’ MapmyIndia Makes Stellar Stock Market Debut

CE Info Systems’ MapmyIndia Makes Stellar Stock Market Debut

22 December 2021

CE Info Systems, a digital mapping company known for its brand MapmyIndia, opened at Rs. 1,581 per share on the BSE, 53% higher than its issue price. On the NSE, its shares registered a gain of 51.5% from its issue price as it got listed at Rs. 1,565 per share despite volatility in the equity …

Oil prices are rising, but market concerns over the Omicron spread continue

Oil prices are rising, but market concerns over the Omicron spread continue

22 December 2021

An Overview Oil prices rose slightly on Tuesday, as investors were concerned by the rapid spread of the Omicron pandemic type throughout the world, forcing nations to explore more restrictions that might reduce fuel consumption. By 0105 GMT, Brent oil prices had risen 9 cents, or 0.1 percent, to $71.61 a barrel, while WTI crude …

Bears Grip Hardens: Top Share Ideas For the Upcoming Weeks

Bears Grip Hardens: Top Share Ideas For the Upcoming Weeks

21 December 2021

During the week ending December 17, the market corrected practically every day, bringing the benchmark indexes’ total weekly loss to 3%. As a consequence, bearish candle formation appeared on weekly charts, signaling market bearishness. Experts believe the index will be dragged towards the recent low of 16,782 levels, and if this level is broken, a …

Omicron Fears: Indian Stock Market tumbles, Asian peers in red

Omicron Fears: Indian Stock Market tumbles, Asian peers in red

17 December 2021

Indian stocks trade under pressure at the stock witness sell-off right after a gap up opening on Friday, the 17th December 2021. The alerted investors seem to be booking their profits in the long rally after the rise in Omicron cases are being reported. All Asian shares trade under pressure. The flagship index of the National Stock …

SEBI rules on algo trading make brokers nervous

SEBI rules on algo trading make brokers nervous

16 December 2021

An Overview Fear has gripped the Indian equity market trader community. SEBI consultation paper on algorithmic or algo trading is the catalyst. The regulation raises concerns about how algo trading is marketed to novice investors. The old guards are concerned that the regulator would throw the algo baby out with the bathwater and, rather than …

Omicron Impact on India’s Economy is Less Adverse

Omicron Impact on India’s Economy is Less Adverse

15 December 2021

The impact of the new Covid-19 variant, Omicron, may reportedly be not as severe on the country’s economy, according to the latest economic review from the government. The report notes that although it does pose some risk to the current recovery on the global scale, its impact may not be as adverse on India’s economy …

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