NIFTY: The NIFTY opened with seventh consecutive gap at 20950.75 with a big gap up of 95 points. The index traded lower for the first half of trading but took support at 20850 and bounced back and Nifty eventually crossed the opening levels and made new lifetime high…
View on market: Volatility Prevails, Market is searching for better value In response to overnight losses on Wall Street and a drop in US Treasury yields, share indices in the Asia-Pacific region saw mixed activity. Japan's markets were trading down. As of 6:40 a.m., the Nikkei was down…
NIFTY: The NIFTY opened at 20808.90 with a big gap up of 122 points. The index initially moved lower for the first five minutes of trading but soon found support and bounced up. Prices have recorded its intraday low at 20711.15 and saw a modest upside rally. That…
View on market: Volatility Prevails, Market is searching for better value Wednesday's trading activity on Asian markets was uneven as investors evaluated the most recent U.S. jobs data and as Treasury yields fell. Australia's and Japan's markets were trading higher. According to data from the Australian Bureau of…
Arka Fincap Limited NCD Arka Fincap Limited is an NBFC-ML registered with RBI. They are a professionally managed organization part of the Kirloskar Group, primarily engaged in providing structured term financing solutions to corporates, real estate and urban infra financing, loans to micro, small and medium enterprise (“MSME”)…
NIFTY: The NIFTY opened at 20601.95 with a big gap up of 334 points. The Index Initially moved lower for the first five minutes of trading but soon found support and bounced up. Prices have recorded its intraday low at 20507.75 and moved higher. The index has seen…
View on market: Volatility Prevails, Market is searching for better value Tuesday's decline in Asian stock indices followed Wall Street's overnight losses, with traders evaluating the viability of strong wagers that the US Federal Reserve will lower interest rates. October saw a 3.3% CPI. As South Korea's CPI…
Company Recommendation Buy (Rs) Target (Rs) Upside (%) Time Horizon Avenue Supermarkets Ltd. Buy 3988 4600 15% 1 Month Bharat Electronics Ltd. Buy 147 160 9% 1 Month ICICI Bank Ltd. Buy 947 1041 10% 1 Month Indian Hotels Co Ltd. Buy 426 477 12% 1 Month ITC…
Strides Pharma Science Limitedis one of India’s leading global pharmaceutical company which works majorly in two business verticals, viz- regulated markets and emerging markets. Regulated markets include US and other regulated markets while emerging markets include Africa and institutional business. The company is among the leading players worldwide…
NIFTY: The NIFTY opened at 20194.10 with a gap up of 61 points. The index continued its prevailing up move and started moving higher from its opening tick. Prices recorded its intraday low at 20183.70, just below the opening tick, moved up, and found resistance in the afternoon.…