NIFTY: The NIFTY opened at 19320.65 with a gap up of just 10 points. The index initially moved higher but found resistance quickly and started drifting downward. A decline found support near the previous day's closing price and then the index started moving higher after recording its intraday…
View on market: Volatility Prevails, Market is searching for better value Tuesday's gains in Asian shares are expected to be driven by a surge in big tech, which in turn helped Wall Street recover. As investors wait for Federal Reserve Chair Jerome Powell to deliver a significant speech…
Creditaccess Grameen Limited NCD Comapny Profile: Creditaccess Grameen Limited is a leading Indian micro-finance institution headquartered in Bengaluru, focused on providing joint liability group loans and micro-loans primarily to women customers predominantly in rural areas in India. According to MFIN India, the company was the largest NBFC-MFI in…
August 21, 2023
THE NIFTY AND NIFTY BANK ENDED THE WEEK ON A NEGATIVE NOTE
NIFTY: The NIFTY opened at 19301.75 with a gap down of 64 points. The index initially moved higher but found resistance quickly and started drifting downward. A decline came which found strong support around 19250 and then prices moved up but soon formed a range. That range broke…
View on market: Volatility Prevails, Market is searching for better value A cautious opening was predicted by Asian equities futures. Prior to turning their attention later in the week to a meeting of central bankers from around the world in Jackson Hole, Wyoming, investors will be focused on…
Federal Bank Limited is a private-sector bank which operates in four segments: treasury operations, wholesale banking, retail banking, and other banking operations. The bank has 1,366 branches and has a representative offices in Abu Dhabi and Dubai. Federal Bank has been concentrating on improving the retail mix while…
NIFTY: The NIFTY opened at 19450.55 with a minor gap down of just 15 points. The index initially moved lower after recording its intraday high at 19461.55 in its initial trades. A sharp decline came followed by a consolidation process which broke on the downside and the index…
View on market: Volatility Prevails, Market is searching for better value As market anxiety about the possibility that monetary policymakers will continue rising interest rates fuels a fresh selloff in U.S. stocks and Treasuries, shares in Asia are expected to decline. Benchmark equity futures for Japan, Australia, and…