View on market: Volatility Prevails, Market is searching for better value Asian markets were poised for declines after Wall Street closed lower on hawkish signals from the Federal Reserve’s latest meeting minutes. Asian markets were poised for declines after Wall Street closed lower on hawkish signals from the…
NIFTY: The NIFTY opened at 19406.60 with a gap up of 84 points. The index could not sustain at the higher levels and started drifting downwards from the opening tick. Prices found support around 19300, recorded its intraday low at the same place, and then bounced up sharply.…
View on market: Volatility Prevails, Market is searching for better value Asian markets were to open lower on Wednesday in subdued trading following a holiday for U.S. markets. Major currencies were little changed. Futures for Hong Kong, Japan and Australia all declined, while contracts for the S&P 500…
NIFTY: The NIFTY opened at 19246.50 with a gap up of 60 points in uncharted territory. The index recorded its intraday low at 19234.40 in its initial trades and bounced up. Prices have found intraday resistance around 19330 and then moved down. The decline found support around the…
View on market: Volatility Prevails, Market is searching for better value Stock futures suggest small declines in Asia on Tuesday after equities on Wall Street scratched out marginal gains ahead of the Independence Day holiday. Contracts for benchmarks in Japan, Hong Kong and Australia all slid 0.3% or…
Company Recommendation Buy (Rs) Target (Rs) Upside (%) Time Horizon Axis Bank Buy 987 1125 14% 1 Month Biocon Buy 265.50 300 13% 1 Month Bharat Electronics Buy 125.75 140 11% 1 Month DLF Buy 490.55 523 7% 1 Month Eicher Motors Buy 3580 3850 8% 1…
Tata Chemicals Limited (TCL) is a global leader in the soda ash industry, with manufacturing facilities in Asia, Europe, Africa and North America. The company also has a strong focus on consumer, agri, and specialty businesses. It has operations in over 50 countries and employs over 20,000 people.…
NIFTY: The NIFTY opened at 19076.85 again in uncharted territory with a gap up of 104 points. The index recorded its intraday low at 19024.60 in its Initial trades and bounced up. Prices have moved above 19100 and then started a consolidation process. Prices have seen a breakout…
View on market: Volatility Prevails, Market is searching for better value Asian markets were primed to open higher on Monday as positive momentum from a rally on Wall Street and signs of moderating U.S. inflation underpinned support for global stocks. Futures contracts for equities in Japan, Australia and…