NIFTY: The NIFTY opened at 21921.05 with a gap up of 68 points. The index could not sustain at the higher levels and saw a sharp dip for the first five minutes of trading. Prices have filled the gap and then bounced up sharply. The rally found resistance…
View on market: Volatility Prevails, Market is searching for better value Following Wall Street, the majority of other Asian indices fell as expectations for a quick shift by the Federal Reserve to monetary easing were further dampened by positive US economic statistics. Treasuries rose on Monday following yet…
View on market: Volatility Prevails, Market is searching for better value Australia's markets were trading in the red on Tuesday as investors awaited the Reserve Bank of Australia's policy announcement. As of 06:13 a.m., the S&P ASX 200 was down 103.10 points, or 1.34%, at 7,596.30. At 2,581.24,…
NIFTY: The NIFTY opened at 21812.75 with a gap up of 115 points. The index continued its early morning bullish momentum and saw a sharp rally but soon started a consolidation process. Prices eventually broke on the upside, and saw another upside surge but faced resistance in the…
Company Recommendation Buy (Rs.) Target (Rs.) Upside (%) Time Horizon Bank of Maharashtra Buy 57 65 14% 1 Month Bharti Airtel Buy 1155 1330 15% 1 Month Bosch Buy 23950 26820 12% 1 Month Indian Hotels Co. Buy 500 550 10% 1 Month Interglobe Aviation Buy 3087 3428…
View on market: Volatility Prevails, Market is searching for better value Following Wall Street's overnight advances, the Japanese and Australian markets saw a rise in early trading on Friday as investors awaited the release of the U.S. Non-Farm Payroll data, which is scheduled for later today. At 6:38…
Today, Interim Budget 2024 was introduced in Parliament by Finance Minister Nirmala Sitharaman. This was an interim budget as it came just ahead of the Lok Sabha Elections. The full-fledged budget will be presented in July 2024 by the new government that comes to power after the elections.…