Morning Report with EZ Wealth – 22nd Sept, 2021

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Morning Report with EZ Wealth – 22 September 2021

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  • On 21st September, Benchmark Indices edged lower during the first couple of hours and broke yesterday’s low but saw a one sided rally upwards after that to cover most of the losses that were seen the day before
  • FPIs bought shares worth ₹1041.92 crs and DIIs bought shares worth ₹2167.62crs
  • Maximum Call OI at 18000 followed by 17800 and maximum Put OI at 17000 followed by 17400
  • Metals and Realty were top sectors gainers
  • SGX Nifty is trading up with a loss of 23 pts. at 17538

Highlights for 20 Sep, 2021:

  • Vodafone plc has made it clear that it will not make any fresh equity infusion into its Indian telecom business – Vodafone Idea Ltd.
  • Adani Enterprise will invest $20bn over 10 years in the renewable energy supply chain, including power generation, manufacturing, transmission and distribution
  • Exports of 37 agriculture and processed products, promoted by Agricultural and Processed Food Products Export Development Authority, jumped 22% to $7.9bn during the first five months of the current fiscal YoY on robust demand for rice and other cereals as well as meat, dairy and poultry

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Disclosure:
EZ Wealth is a Stock Broker registered with BSE, NSE and MSEI in all the major segments viz. Cash, F&O and CDS segments. EZ Wealth is also a Depository Participant and registered with both the Depositories viz. CDSL and NSDL. Further, EZ Wealth is a SEBI registered Portfolio Manager. EZ Wealth is a step-down subsidiary of Wealth Discovery Securities Pvt. Ltd (referred as ‘WDSPL’ hereafter).
This report is not to be altered, transmitted, reproduced, copied, redistributed, uploaded, published or made available to others, in any form, in whole or in part, for any purpose without prior written permission from EZ Wealth.
The projections and the forecasts described in this report are based on estimates and assumptions and are inherently subject to significant uncertainties and contingencies. Projections and forecasts are necessarily speculative in nature, and it can be expected that one or more of the estimates on which the projections are forecasts were based may not materialize or may vary significantly from actual results and such variations will likely increase over the period of time. The recipients should consider and independently evaluate whether it is suitable for its/ his/ her/their particular circumstances and if necessary, seek professional / financial advice as there is substantial risk of loss. EZ Wealth does not take any responsibility thereof. Any such recipient shall be responsible for conducting his/her/its/their own investigation and analysis of the information contained or referred to in this report and of evaluating the merits and risks involved in securities forming the subject matter of this report. The price and value of the investment referred to in this report and income from them may go up as well as down, and investors may realize profit/loss
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