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Angel One is India's reputed FinTech company trusted by 3 Crore+ Indians. Get daily market updates, research and valuable insights on investments.
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The end of the week is here! Are you excited for today? ๐Ÿ’ช
โค๏ธ Yes
๐Ÿ‘ Not much
๐Ÿ‘Ž Scared
๐Ÿ”ฅ Very excited
๐Ÿ˜ It will be fun
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Here is how the world indices are performing!๐ŸŒŽ
Kickstart your day with updates around the globe ๐Ÿ“ˆ๐Ÿ“ˆ
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The mood of the market is here!
How is your day going? React with your emotion!๐Ÿ‘๐Ÿ‘Žโค๏ธ๐Ÿ”ฅ๐Ÿ˜€
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A proud moment for us!โค๏ธ๐Ÿ‡ฎ๐Ÿ‡ณ
What do you think the future of the Indian stock market holds?
Good going  ๐Ÿ‘
Better days ahead โค๏ธ
More growth ๐Ÿ”ฅ
Can't predict ๐Ÿ‘Ž
Excited for the future ๐Ÿ˜
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Here's the final Friday wrap up!
How do you feel about the week ending?
React your emotions ๐Ÿ‘๐Ÿ‘Žโค๏ธ๐Ÿ”ฅ๐Ÿ˜
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Stanley Lifestyles IPO๐Ÿ›Œ๐Ÿช‘ releasing next Friday 21st June๐Ÿ“ˆ

Watch Now๐Ÿ‘‰ https://youtube.com/shorts/CLbPSCz5r8c
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Your Stock Market Dictionary! ๐Ÿ“Š
Here's the meaning of the commonly used stock market terms! Did you find this helpful?
Yes ๐Ÿ‘
No ๐Ÿ‘Ž
Quite informative โค๏ธ
Definitely ๐Ÿ”ฅ
Very ๐Ÿ˜
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๐Ÿ’ซ Market Metrics: Weekly Roundup
โญ Sensex: 76,992.77 โฌ†๏ธ
โญ Nifty 50: 23,465.60 โฌ†๏ธ
โญ Nifty Bank: 50,002.00 โฌ†๏ธ
โญ Nifty Smallcap 100: 18,043.60 โฌ†๏ธ
โญ Nifty Midcap 100: 55,225.95 โฌ†๏ธ


โœจ Market Performance Key Takeaways For The Week
๐ŸŒŸ The Nifty index climbed steadily, hitting new highs but saw sluggish intraday movements. It closed Friday with a 0.29% gain at 23,450, adding 0.75% for the week. The index remained in a tight 50-point range, suggesting bullish fatigue and a correction phase. The key range for the coming week is 23,200 - 23,600, with expectations of increased volatility.
๐ŸŒŸ Traders should monitor key levels closely and adjust trades accordingly. Buying on dips and booking profits at higher levels is advised. Mid-cap and small-cap sectors performed strongly, with traders focusing on thematic strategies benefiting from the upcoming union budget.
๐ŸŒŸ The BankNifty index had a lacklustre week, trading within a 600-point range and closing just above 50,000. The market showed indecision with narrow body candles in four out of five trading sessions. The index remains directionless, indicating a wait-and-watch approach.
๐ŸŒŸ BankNifty faces resistance at 50,000-50,500 and stronger resistance at 50,800. Immediate support is at 49,600-49,000, with major support at 48,700-48,200. Traders should remain cautious and responsive to broader market cues, focusing on capturing moves in individual stocks.
โ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆ
โœจ News Highlights For The Week
๐ŸŒŸ Mahindra & Mahindra Ltd. has overtaken Tata Motors to become India's second most valued automaker with a market cap of โ‚น3.64 lakh crore, just behind Maruti Suzuki's โ‚น4.04 lakh crore. Its stock has surged 65% in 2024.
๐ŸŒŸ BSE's total market capitalisation has exceeded Hong Kong's, making it the fourth-largest equity market globally at $5.18 trillion. The US leads with $56.49 trillion, followed by China and Japan.
๐ŸŒŸ Le Travenues Technology Ltd., Ixigo's parent, secured the tenth spot in IPO subscriptions in 2024, reflecting strong investor interest in the travel-tech sector.
๐ŸŒŸ The upcoming Union Budget may include tax incentives for foreign-domiciled Indian startups relocating to GIFT City, aiming to make it a competitive global financial hub.
โ€”โ€”โ€”โ€”โ€”โ€”โ€”xโ€”โ€”โ€”โ€”โ€”โ€”โ€”
Disclaimer: https://bit.ly/3usSGoH
Sources: Angel One Research | CNBCTV18 | MoneyControl | NDTVProfit | MoneyControl
Date: June 14, 2024
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Sukoon kaho ya papa ek hi baat haiโค๏ธโค๏ธ
Wishing a heartfelt happy father's day to all the wonderful dads!๐Ÿ˜
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Thrilling rides๐ŸŽข tasty food๐Ÿ• merchandise shopping๐Ÿ›๏ธ and lots of entertainment ๐Ÿฅณ
Imagicaa offers all of this under one roof! ๐Ÿคฉ
Yes, it is Indiaโ€™s first theme park and during its journey, it has seen it all - from operations shutting down multiple times to a change of hands, the company has gone through a lot ๐Ÿ“Š
In this episode, RJ Rohan will take you through the roller coaster journey of Imagicaa Entertainment Ltd. ๐Ÿš€

๐ŸŽ™๏ธListen to the full episode ๐Ÿ‘‰
https://spoti.fi/3KMpyO8
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The best feelingโค๏ธ๐Ÿ˜‚
How is the long weekend going?
Good ๐Ÿ‘
Travelling ๐Ÿ”ฅ
Missing market โค๏ธ
Waiting for Tuesday ๐Ÿ‘Ž
Resting ๐Ÿ˜
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Today the market is closed! Did you know this?
Yes๐Ÿ‘
Of course โค๏ธ
No๐Ÿ‘Ž
Holidays are by heart ๐Ÿ˜
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Learn all about recognizing common candlestick patterns ๐Ÿ“ˆ

Understanding these formations is key to decoding market psychology, anticipating trends, and gaining insights ๐Ÿ”ฅ

Do let us know by reacting ๐Ÿ‘ if you found this information useful

Disclaimer: The information provided is for educational purposes only and is not intended as financial or investment advice.
Candlestick patterns are a tool for understanding market trends, but they do not guarantee future market behaviour. For a comprehensive understanding, please refer to our detailed disclaimer - https://bit.ly/4aRMU0f
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You must have often heard that a stock has announced its split. What does that mean?
Find out now with Stocktionary, Your Stock Market Dictionary! ๐Ÿ“Š
Did you find this helpful?
Yes ๐Ÿ‘
No ๐Ÿ‘Ž
Quite informative โค๏ธ
Definitely ๐Ÿ”ฅ
Very ๐Ÿ˜
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