View on market: Volatility Prevails, Market is searching for better value Asia's markets began trading higher on Monday morning as risk appetite increased following data that indicated China's industrial activity had recovered from a five-month downturn. As of 06:35 a.m., the Nikkei 225 was up 59.04 points, or…
NIFTY: The NIFTY opened at 22163.60 with a gap up of 40 points. The index continued its early morning bullish momentum and saw a sharp upside rally but found resistance in the afternoon session. Prices have formed a consolidation which eventually broke on the upside. Prices have seen…
Sun Pharmaceuticals Limited is the fourth largest specialty generic pharmaceutical company in the world having its operations in 80+ countries. The company has diversified business of speciality portfolio, branded generics, generics and APIs. In branded markets, their products are prescribed in chronic therapy areas like cardiology, psychiatry, neurology,…
Company Recommendation Buy (Rs.) Target (Rs.) Upside (%) Time Horizon Havells India Buy 1,515 1,700 12% 1 Month Honeywell Automation Buy 38,687 43,500 11% 1 Month ICICI Bank Buy 1,093 1,202 10% 1 Month ITC Buy 428 467 9% 1 Month Reliance Industries Buy 2,971 3,280 10% 1…
View on market: Volatility Prevails, Market is searching for better value The majority of markets in the Asia-Pacific area dropped as worries about the US Federal Reserve's hawkish comments about interest rates remaining higher for longer increased. As of 06:32 a.m., the KOSPI index was 4.36 points, or…
NIFTY: The NIFTY opened at 22053.95 with a gap up of 49 points. The index continued its early morning bullish momentum and saw a sharp upside rally. However, the index found resistance in the afternoon session and eventually broke on the downside. Prices have seen a mild recovery…
NIFTY: The NIFTY opened at 21947.90 with a big gap down of 148.85 points. The index bounced up sharply after the open and tried to fill the gap but failed to do so. Prices have found strong resistance just below 22100 and saw a sharp dip which found…
View on market: Volatility Prevails, Market is searching for better value Early on Tuesday, the Asia-Pacific region's markets saw gains as attention turned to China's industrial profit statistics. As of 06:29 a.m., the S&P ASX 200 was trading 27.80 points, or 0.36% higher at 7,808.00, and the Nikkei…
NIFTY: The NIFTY opened at 21932.20 with a big gap down of 80 points. The index initially saw a minor dip but soon found support and bounced up sharply. A rally started which took the index above 22000 levels comfortably. The index then consolidated and saw a breakout.…
View on market: Volatility Prevails, Market is searching for better value Tuesday's early trading saw most Asian-Pacific markets decline as they followed Wall Street's overnight losses. The S&P ASX 200 was down 4.50 points, or 0.058, at 7,807.40, while the Nikkei 225 was up 21.53 points, or 0.053%,…