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Understanding the Factors Behind the Sensex and Nifty 50 All-Time High
July 10, 2024
by EuBlog0 comments

Understanding the Factors Behind the Sensex and Nifty 50 All-Time High

The benchmarks of the Indian stock market, the Sensex and the Nifty 50, saw substantial rises on Wednesday, July 3, reaching new all-time highs during the day and closing at
All-time highsBanking sectorDemat accountEconomic indicatorsFinancial stocksIndian stock marketMarket trendsNifty 50Positive global cuesSensexStock tradingTrading account

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    Eureka Stock & Share Broking Services Ltd. is an ISO 9001: 2015 Certified Company (Certificate No: IND.20.6217/QM/U).
    SEBI Single Registration Number: INZ000169839 [NSE-CM, FO, CD, Commodity, WDM; BSE-CM, FO, CD, Commodity; MSEI-CM, FO, CD, MCX, NCDEX] Registered Member Code: 00684 (NSE), 906 (BSE), 36100 (MSEI), 56480 (MCX), 01288 (NCDEX) NSDL & CDSL Single Registration Number: IN-DP-654-2021. PMS – Eureka Portfolio Management Services Pvt. Ltd. SEBI Registration Number: INP000005740. AMFI registered Mutual Fund Distributor | Mutual Fund ARN: 77441. Date of initial registration – 03/12/2009 and Current validity of ARN – 05/01/2027

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    Job Description:

    Job Description

    • Building and maintaining solid relationships with HNI / Ultra HNI clients, understanding their financial goals, risk tolerance and investment preferences.
    • Conducting in-depth economic assessments to analyse clients’ current financial situations and identify areas for growth and improvement.
    • Developing personalised financial plans and investment strategies aligned with client’s objectives and risk profiles.
    • Recommending suitable investment products, such as equities, bonds, mutual funds and alternative investments, based on thorough market research and analysis.
    • Monitoring and reviewing investment portfolios regularly, adjusting strategies as per market conditions and clients’ changing needs.
    • Providing clients with ongoing financial advice and guidance, addressing their queries and providing proactive wealth management solutions.
    • Collaborating with internal teams, to offer comprehensive financial solutions to clients.
    • Helping the company meet its financial objectives through personalised financial planning.
    • Staying updated with market trends, economic developments and regulatory changes to provide accurate and timely advice to clients.













      Job Description:

      Job Description: 

      We are seeking a highly skilled and motivated Fundamental Research Analyst to join our team. The selected candidate would be responsible for fundamental equity research and creating and implementing rule-based equity investment strategies that consistently outperform industry benchmarks. This role involves working in collaboration with a team of fundamental analysts to develop and fine-tune multiple strategies, with a primary focus on achieving Alpha generation targets. 

      Key Responsibilities: 

      1. Analyze and build advanced rule-based strategies from scratch for equity investments
      2. Back-test these strategies rigorously to ensure their effectiveness
      3. Implement and monitor these strategies to achieve consistent risk-adjusted investment returns
      4. Possess a strong understanding of equity markets, with expertise in fundamental analysis
      5. Demonstrate skill, aptitude, and speed in analyzing complex financial data using Excel
      6. Work closely with a team of fundamental analysts to contribute to the development of multiple investment strategies
      7. Preparing sophisticated fundamental Report on Sector / Industry / Stocks and financial modeling
      8. Communicating with HNI / Corporate / Institution clients

      Desired Educational Qualifications: 

      • MBA (Finance) from a reputed collegeand/or pursuing CFA 
      • NISM Research Analyst Module
      • NISM Investment Advisory Module would carry extra weightage













        Job Description:

        Key Responsibilities:

        Client Acquisition & Relationship Management

        • Build and manage strong relationships with institutional clients such as Asset Management Companies (AMCs), Insurance Firms, NBFCs, Corporates, and Treasury Desks.
        • Understand client investment objectives and provide customized solutions across equity, debt, derivatives, and alternate asset classes.
        • Regularly engage with clients through meetings, calls, webinars, and corporate events.

        Sales & Product Pitching

        • Promote brokerage services, research ideas, and execution capabilities to institutional clients.
        • Get & target new empanelment opportunities.
        • Ensure high-volume and value transactions through strategic client targeting.

        Coordination with Research & Trading Teams

        • Act as a liaison between the research desk and clients to deliver actionable investment ideas and reports.
        • Coordinate with the trading desk for best execution of institutional trades.
        • Provide client feedback to internal teams to align product offerings with market needs.

        Market Intelligence & Reporting

        • Monitor and analyze market trends, fund flows, institutional behavior, and regulatory updates.
        • Prepare and present MIS reports, client activity summaries, and business development plans to senior management.

        Skills & Competencies:

        • Deep understanding of equity and fixed income markets.
        • Strong institutional client network and relationship-building skills.
        • Excellent communication, presentation, and negotiation skills.
        • Strong analytical and strategic thinking capabilities.
        • Proficiency in Bloomberg, Reuters, Excel, and CRM tools.
        • NISM certifications (Equity Derivatives, Research Analyst) preferred.













          Job Description:

          Job Summary:

          We are looking for a skilled and experienced Options Dealer to join our dynamic dealing desk in Mumbai. The ideal candidate will have strong knowledge of equity and derivatives market, proven experience in Options Trading, and the ability to manage HNI and UNI clients efficiently. A valid NISM Series VIII (Equity Derivatives) certification is mandatory with bare minimum 3-4years relevant Experience.

           

          Key Responsibilities:

          • Execute trades in Equity and Derivatives (Options) on behalf of clients with 0% dealing errors.
          • Handle and manage HNI and UNI clients, ensuring timely trade execution and excellent service.
          • Operate and manage trading terminals efficiently (e.g., Neat, Kambola, Greeke , ODIN)
          • Provide real-time order updates and confirmations to clients on recorded lines.
          • Ensure consistent client engagement, including reactivation of dormant accounts.
          • Address and resolve client queries promptly and professionally.
          • Maintain accurate trade and client interaction records in the internal CRM/software.
          • Coordinate with internal branches for revenue generation and efficient query resolution.
          • Adhere strictly to Risk Management, Settlement, and Compliance guidelines.
          • Follow all applicable SEBI and exchange regulations, as well as company policies.
          • Acquire and onboard quality clients through networking, referrals, and market intelligence.
          • Have executed orders through Bloomberg.

           

          Required Skills & Qualifications:

          • Minimum 4 years of experience in Institutional Dealing.
          • Valid NISM Series VIII (Equity Derivatives) Certification.
          • Strong understanding of stock market operations, particularly in equities and derivatives.
          • Proficiency with trading terminals and software.













            Job Description:

            Job Summary:

            • Building and maintaining solid relationships with HNI / Ultra HNI clients, understanding their financial goals, risk tolerance and investment preferences.
            • Conducting in-depth economic assessments to analyse clients’ current financial situations and identify areas for growth and improvement.
            • Developing personalised financial plans and investment strategies aligned with client’s objectives and risk profiles.
            • Recommending suitable investment products, such as equities, bonds, mutual funds and alternative investments, based on thorough market research and analysis.
            • Monitoring and reviewing investment portfolios regularly, adjusting strategies as per market conditions and clients’ changing needs.
            • Providing clients with ongoing financial advice and guidance, addressing their queries and providing proactive wealth management solutions.
            • Collaborating with internal teams, to offer comprehensive financialsolutions to clients.
            • Helping the company meet its financial objectives through personalised financial planning.
            • Staying updated with market trends, economic developments and regulatory changes to provide accurate and timely advice to clients.













              Job Description:

              Craft the visual identity of a new-age broking powerhouse.
               
              Are you someone who sees the world through grids, colors, and compositions?
              At Eureka Stock & Share Broking Services Ltd., we’re looking for a Graphic Designer who can bring our brand, platforms, and ideas to life through impactful visuals.

              What You’ll Do

              • Design creatives for social media, websites, campaigns, and app promotions
              • Work closely with marketing and product teams to bring financial concepts to life
              • Create brochures, reports, infographics, banners, and investor communication
              • Help shape a consistent and modern visual identity across platforms
              • Monitor day-to-day new modern creative ideas
              • Upgrade self-skills
               

              What You Bring

              • Proficiency in Adobe Illustrator, Photoshop, CorelDRAW (After Effects or Premiere Pro is a bonus)
              • Proficiency in English and generating concept content
              • Basic/Advanced knowledge of commonly used software (MS Office, Excel, PowerPoint, Publisher)
              • Strong eye for layout, colour theory, typography, and branding
              • Ability to follow brand guidelines while contributing fresh ideas
              • Speed, precision, and attention to detail
               

              Bonus Points If You Have:

              • Video editing or motion graphics experience
              • UI/UX design understanding
              • Knowledge of Canva/Figma
              • Well-disciplined as per corporate standards
               

              Why Join Eureka?

              • Be part of one of India’s fastest-evolving financial services brands
              • Get creative freedom with a Gen-Z-first approach
              • Work on high-impact designs seen by thousands of investors
              • Supportive work culture + exciting growth path













                Ramesh Kumar Somani
                Ramesh Kumar Somani
                Chairman & Managing Director

                Chairman of Eureka group. He joined the family business in the year 1979 under the guidance of our beloved Late Paras Ram Somani Ji. He was the visionary of retail broking and lead Eureka to being the largest retail broking house of eastern India. Currently he is associated with various organizations for social welfare and is involved in service to the society.

                Rajesh Kumar Somani
                Rajesh Kumar Somani
                Chief Executive Officer

                CEO of the Company, is the heart behind the driving force of Eureka. He joined the company in 1987, with his niche market knowledge. A hardcore and passionate trader, he shoulders the huge AP and Branches network spreading across the country. On personal front, known to few, he is a sports enthusiast and has also captained the State Basketball Team.

                Rakesh Somani
                Rakesh Somani
                Wholetime Director

                Wholetime Director at Eureka Stock & Share Broking Services Limited has over 30 years of experience in Capital Markets. On academic front, a B.Com Hons. Graduate from St. Xaviers, Kolkata. He is a Rank Holder Chartered Accountant (CA), Cost Accountant & DBF (ICFAI). He is an Ex-National President & Regional Chairman of ANMI and has chaired AFIE, an International Association for promotion of Investor Education. Mr. Rakesh Somani has also presided ASF i.e Asia Securities Forum, where 22 countries are members. He has undergone Capital Market Training programs conducted by KOFIA (Korea) and JSDA (Japan). He had also served as Advisory Committee Member of NSE, BSE, ICCL and MSEI.

                Anurag Somani
                Anurag Somani
                Executive Director

                As the torchbearer of the third generation, he brings a vibrant and youthful energy to the organization. Beginning his career as a Tax Consultant at KPMG, he eventually joined Eureka to establish and expand the Group’s portfolio management division, offering top-tier investment planning services to investors. He is also the visionary behind the establishment of the Group’s Insurance and Bond platform. Academically accomplished, he holds impressive rankings as a Chartered Accountant (CA) and Company Secretary (CS).

                Akhil Somani
                Akhil Somani
                Director & Chief Investment Officer (CIO)

                The youngest Director on the Board at Eureka, Akhil is a finance professional with a PGM from the University of Melbourne. He combines his strong financial background and expertise with a tech-savvy mindset, making him the ideal candidate to spearhead Eureka’s journey towards ground breaking and cutting-edge technologies. Akhil aims to present the world with an exceptional trading experience, combining his skills, resources and Gen-Z spirit to redefine industry standards.