{"id":5502,"date":"2024-09-21T11:10:25","date_gmt":"2024-09-21T11:10:25","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=5502"},"modified":"2025-08-19T07:34:11","modified_gmt":"2025-08-19T07:34:11","slug":"navia-weekly-roundup-september-16-september-20-2024","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/navia-weekly-roundup-september-16-september-20-2024\/","title":{"rendered":"Navia Weekly Roundup (SEP 16 &#8211; SEP 20, 2024)"},"content":{"rendered":"\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><nav><ul><li class=\"\"><a href=\"#week-in-the-review\">Week in the Review<\/a><\/li><li class=\"\"><a href=\"#indices-analysis\">Indices Analysis<\/a><\/li><li class=\"\"><a href=\"#interactive-zone\">Interactive Zone!<\/a><\/li><li class=\"\"><a href=\"#sector-spotlight\">Sector Spotlight<\/a><\/li><li class=\"\"><a href=\"#explore-our-features\">Explore Our Features!<\/a><\/li><li class=\"\"><a href=\"#currency-chronicles\">Currency Chronicles<\/a><\/li><li class=\"\"><a href=\"#commodity-corner\">Commodity Corner<\/a><\/li><li class=\"\"><a href=\"#blogs-of-the-week\">Blogs of the Week!<\/a><\/li><li class=\"\"><a href=\"#n-coins-rewards\">N Coins Rewards<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"week-in-the-review\">Week in the Review <\/h2>\n\n\n\n<p><strong>Market hits a new record high following the Fed&#8217;s decision; the rupee remains strong.<\/strong><br><br>The Indian market continued its upward trend, reaching a fresh record high in the week ending September 20, driven by investor optimism following the Fed&#8217;s unexpected 50 bps interest rate cut. A decline in jobless claims, strong FII inflows, and anticipation that the RBI may mirror the Fed&#8217;s decision in its upcoming monetary policy meeting further bolstered investor sentiment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"indices-analysis\">Indices Analysis<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-41-1024x576.png\" alt=\"\" class=\"wp-image-5527\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-41-1024x576.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-41-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-41-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-41-768x432.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-41-1536x864.png 1536w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-41.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>This week, BSE Sensex surged 1.99 percent to end at 84,544. while the Nifty50 index added 1.71 percent to finish at 25,790. On September 20, the BSE Sensex and Nifty hits fresh high of 84,694.46 and 25,849.25, respectively.<\/p>\n\n\n\n<p>BSE Mid-cap Index ended on a flat note after hitting a record high of 49506.01. Gainers included Max Healthcare Institute, Torrent Power, PB Fintech, Samvardhana Motherson International, UNO Minda, ICICI Securities, Supreme Industries, Tube Investments of India. Shriram Finance, while losers were Vodafone Idea, LIC Housing Finance, Laurus Labs, Glenmark Pharma, Oracle Financial Services Software, Container Corporation of India, GlaxoSmithKline Pharmaceuticals, Piramal Enterprises, IDBI Bank.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"interactive-zone\">Interactive Zone!<\/h2>\n\n\n\n<p><strong>Last week\u2019s poll:<\/strong><br><strong>Q) The worth of a derivative contract ____ throughout the term of the contract<\/strong><\/p>\n\n\n\n<p>a) Increases<\/p>\n\n\n\n<p>b) Decreases<\/p>\n\n\n\n<p>c) Varies in accordance with the price of the contract\u2019s \u201cunderlying\u201d worth.<\/p>\n\n\n\n<p>d) None of the above.<\/p>\n\n\n\n<p><strong>Last week\u2019s poll Answer:<\/strong> c) Varies in accordance with the price of the contract\u2019s \u201cunderlying\u201d worth.<\/p>\n\n\n\n<p><strong>Poll for the week<\/strong>: <strong>Which of the below statements regarding the Securities and Exchange Board of India (SEBI) is not correct?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color has-text-align-center wp-element-button\" href=\"https:\/\/tradeplusonline.typeform.com\/polloftheweek?typeform-source=navia.co.in\" style=\"background-color:#21a273\">Click to Participate<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"sector-spotlight\">Sector Spotlight<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"864\" height=\"910\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Sector-18.png\" alt=\"\" class=\"wp-image-5529\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Sector-18.png 864w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Sector-18-285x300.png 285w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Sector-18-142x150.png 142w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Sector-18-768x809.png 768w\" sizes=\"(max-width: 864px) 100vw, 864px\" \/><\/figure>\n\n\n\n<p>Among sectors, Nifty Realty index surged 4.55 percent,  Nifty Auto index up 2.22 percent, Nifty FMCG index gained 1.24 percent. However, Nifty Information Technology index shed 2.74 percent, and Nifty Media index down 2.6 percent.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"explore-our-features\">Explore Our Features!<\/h2>\n\n\n\n<p><strong>Check Securities in Ban Easily with Navia App<\/strong><\/p>\n\n\n\n<p>Stay informed about market restrictions! Learn how to quickly check which securities are under a ban using the Navia app.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/youtube.com\/shorts\/PmmnQSuIIwI?si=0WgHgNemFi4Ciao4\" style=\"background-color:#296788\">Watch Video<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"top-gainers-and-losers\">Top Gainers and Losers<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-39-1024x576.png\" alt=\"\" class=\"wp-image-5514\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-39-1024x576.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-39-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-39-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-39-768x432.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-39-1536x864.png 1536w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-39.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"currency-chronicles\">Currency Chronicles<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-40-1024x576.png\" alt=\"\" class=\"wp-image-5524\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-40-1024x576.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-40-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-40-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-40-768x432.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-40-1536x864.png 1536w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/New-WWP-40.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color has-link-color wp-elements-f42b7404420abf0491a756ae233f9bb6\"><strong>USD\/INR:<\/strong><\/p>\n\n\n\n<p>The Indian rupee continued its upward trajectory, closing strong against the US dollar. It gained 32 paise, finishing at 83.57 on September 20, up from 83.89 on September 13. This positive momentum reflects growing confidence in the rupee\u2019s stability.<\/p>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color has-link-color wp-elements-41e5a83422700b26ccef7411419e117e\"><strong>EUR\/INR:<\/strong><\/p>\n\n\n\n<p>The EUR to INR exchange rate increased by 0.30% for the week, closing at 93.18. Market sentiment in the EUR\/INR sector remains bullish, indicating positive expectations for the euro against the rupee in the near term.<\/p>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color has-link-color wp-elements-f4659f19e3c19ba3a530fc14bcfb331c\"><strong>JPY\/INR:<\/strong><\/p>\n\n\n\n<p>In contrast, the JPY to INR exchange rate experienced a decline of -2.63% for the week, ending at 0.578714. The sentiment in the JPY\/INR market is currently neutral, suggesting a wait-and-see approach among investors regarding future movements.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"commodity-corner\">Commodity Corner<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Commodity-15-1024x576.png\" alt=\"\" class=\"wp-image-5525\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Commodity-15-1024x576.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Commodity-15-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Commodity-15-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Commodity-15-768x432.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Commodity-15-1536x864.png 1536w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Commodity-15.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Crude oil is showing an uptrend, driven by demand optimism and potential supply risks amid rising Middle East tensions. <\/p>\n\n\n\n<p>Gold is showing an uptrend, supported by Middle East tensions, which are sustaining safe-haven demand for the precious metal. The current resistance level (R1) is at 74,088, while the support level (S1) is at 72,833.<\/p>\n\n\n\n<p>Natural gas is showing minor consolidation at higher levels, with forecasts of warmer U.S. temperatures expected to boost demand from electricity providers for air conditioning. The current resistance level (R1) is at 204, while the support level (S1) is at 186.<\/p>\n\n\n\n<p class=\"has-text-align-center\">Do you have a question? Ask&nbsp;<a href=\"https:\/\/tradeplusonline.typeform.com\/email-askusque\" target=\"_blank\" rel=\"noreferrer noopener\">here&nbsp;<\/a>and we\u2019ll publish the information in the coming weeks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"blogs-of-the-week\">Blogs of the Week!<\/h2>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><a href=\"https:\/\/navia.co.in\/blog\/straddle-strangle-guide-option-traders\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"625\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Anatomy-of-a-1-1024x625.png\" alt=\"\" class=\"wp-image-5539 size-full\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Anatomy-of-a-1-1024x625.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Anatomy-of-a-1-300x183.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Anatomy-of-a-1-150x92.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Anatomy-of-a-1-768x469.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/Anatomy-of-a-1.png 1361w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><div class=\"wp-block-media-text__content\">\n<p><strong>Anatomy of a Straddle or Strangle: A Comprehensive Guide for Options Traders&nbsp;<\/strong><\/p>\n\n\n\n<p>Unlock the secrets of options trading with our comprehensive guide on straddles and strangles. Learn how these strategies can help you profit from market volatility, complete with practical examples and tips for using the Navia Mobile App. Dive in to enhance your trading skills!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/navia.co.in\/blog\/straddle-strangle-guide-option-traders\/\" style=\"background-color:#ec4d37\">Read More<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><a href=\"https:\/\/navia.co.in\/blog\/margin-trade-funding-mtf\/\"><img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"221\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/MTF-2.png\" alt=\"\" class=\"wp-image-5540 size-full\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/MTF-2.png 361w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/MTF-2-300x184.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/MTF-2-150x92.png 150w\" sizes=\"(max-width: 361px) 100vw, 361px\" \/><\/a><\/figure><div class=\"wp-block-media-text__content\">\n<p><strong>Unlocking Market Potential: Navigating Profits with Navia\u2019s MTF Mastery&nbsp;<\/strong><\/p>\n\n\n\n<p>Discover how Margin Trade Funding can amplify your buying power and enhance your profits. This blog breaks down the benefits of Navia&#8217;s MTF, from competitive rates to zero brokerage on funded trades. Read more to unlock smarter trading strategies!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/navia.co.in\/blog\/margin-trade-funding-mtf\/\" style=\"background-color:#ec4d37\">Read More<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"n-coins-rewards\">N Coins Rewards<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1.png\" alt=\"N coins \" class=\"wp-image-2306\" style=\"object-fit:cover\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1-300x169.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1-150x84.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/04\/unnamed-10-1-1-2-1-1-768x432.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\">Refer your Friends &amp; Family and&nbsp;<strong><a href=\"https:\/\/navia.co.in\/n-coins\" target=\"_blank\" rel=\"noreferrer noopener\">GET 500 N Coins<\/a><\/strong>.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Do You Find This Interesting?<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"86\" src=\"https:\/\/tradeplusonline.com\/tpblog\/wp-content\/uploads\/2023\/11\/image-13-3-1-1.png\" alt=\"\" class=\"wp-image-492\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2023\/11\/image-13-3-1-1.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2023\/11\/image-13-3-1-1-150x43.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Week in the Review Market hits a new record high following the Fed&#8217;s decision; the rupee remains strong. The Indian market continued its upward trend, reaching a fresh record high in the week ending September 20, driven by investor optimism following the Fed&#8217;s unexpected 50 bps interest rate cut. A decline in jobless claims, strong [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5526,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[11,7,21,53,10],"class_list":["post-5502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","tag-financial-goals","tag-indian-stock-markets","tag-investments","tag-marketperformance","tag-rocket-trading-app"],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/09\/feature-images-14.png","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/5502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=5502"}],"version-history":[{"count":6,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/5502\/revisions"}],"predecessor-version":[{"id":12646,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/5502\/revisions\/12646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/5526"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=5502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=5502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=5502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}