NIFTY: The NIFTY opened at 19674.75 with a big gap down of around 100 points. The index initially moved higher and filled the entire gap within the first five minutes of trading. The rally continued but soon prices started facing resistance and then turned down after recording its…
Birla Corporation Limited is the flagship Company of the MP Birla Group. Incorporated as Birla Jute Manufacturing Company Limited in 1919, it was given shape by Syt MP Birla. The Company has interest in cement and jute goods. Its Birla Jute Mills is the first jute mill started…
NIFTY: The NIFTY opened at 19674,70 without any gap. The index initially moved lower but found support quickly and turned up after recording its intraday low at 19627. Prices have seen a sharp intraday rally which lasted almost till the end. Prices have seen a consolidation in the…
View on market: Volatility Prevails, Market is searching for better value Stocks in Asia decline as U.S. equities were mixed and bonds climbed after data underscored a gradual deceleration in the U.S. economy, reinforcing speculation the Federal Reserve will end its hiking campaign. Japanese and Australia shares opened…
View on market: Volatility Prevails, Market is searching for better value Asia markets were mixed following further gains for U.S. stocks, while Treasuries pulled back as investors gauged fresh signs of resilience in the world’s largest economy. Share benchmarks in Japan and Australia were slightly lower, while Hong…
View on market: Volatility Prevails, Market is searching for better value Stocks in Asia rose after a surge on Wall Street as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is over. Australia’s equity benchmark rose. South Korean and Japanese markets also opened higher,…
NIFTY: The NIFTY opened at 19457.40 with a gap up of just 14 points. The index moved down in its initial trades for the first five minutes of trading and then started moving sideways. That sideways movement continued for over half the day and eventually broke on the…
Diwali Samvat 2080 Recommendations Company Sector CMP (Rs.) Target (Rs.) Allocation Upside Time Horizon Amara Raja Energy & Mobility Auto Ancillary 620 780 8% 26% 12 months Angel One Finance 2805 3400 8% 21% 12 months Bharat Electronics Engineering 136 160 9% 18% 12 months Cipla Pharmaceuticals 1206…
View on market: Volatility Prevails, Market is searching for better value Stocks in Asia were mixed after a rally in big tech saw the S&P 500 notch up its longest streak of gains in two years. Australian, Japanese and Taiwanese markets were marginally higher while China, South Koream…