SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Nifty ends flat to positive in volatile trade

25 Sep 2023 Evaluate

Indian equity benchmark -- Nifty -- ended Monday’s trading session in positive terrain with minor gains. After making a cautious start, soon index slipped in red, as some concerns came with report stating that India’s exports to the European Union (EU), worth $37 billion, could be impacted due to the trade bloc’s proposed Carbon Border Adjustment Mechanism (CBAM) and other green initiatives. The impact would translate into 43 per cent of India’s exports to the EU, which is among India’s key export markets after the United States (US). 

However, index staged recovery in afternoon session, as traders took support from SBI Research’s statement that the monetary policy committee of the Reserve Bank of India (RBI) is expected to yet again pause the key repo rate at its next bi-monthly review scheduled in the first week of October. The meeting is scheduled for October 4-6. RBI typically conducts six bi-monthly meetings in a financial year, where it decides interest rates, money supply, inflation outlook, and various macroeconomic indicators. In last leg of trade, index witnessed volatility and ended flat with a positive bias. Investors were cautious, as foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September.

Traders were seen piling up positions in Realty, Financial Services and Consumer Durables stocks, while selling was witnessed in Media, IT and Pharma. The top gainers from the F&O segment were Multi Commodity Exchange of India, Balrampur Chini Mills and Ramco Cements. On the other hand, the top losers were Delta Corp, Berger Paints India and Canara Bank. In the index option segment, maximum OI continues to be seen in the 19700 - 19900 calls and 18900 - 19100 puts indicating this is the trading range expectation.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×