NIFTY: The NIFTY opened at 17076.20 without any gap. The index initially moved lower but soon found support around 17000 and started a process of consolidation. That consolidation eventually broke on the downside in the afternoon after the index recorded its intraday high at 17109.45 in its initial…
View on market: Stay Cautious, be with quality business: Australian shares opened marginally higher while the futures for other Asian markets pointed to mixed sentiment.Australian shares opened marginally higher while the futures for other Asian markets pointed to mixed sentiment. U.S. stock futures made small gains while a…
Investment in mutual fund (where not more than 35% is invested in equity shares of Indian company) will now be deemed to be short-term capital gains. This applies to investments made on or after April 1, 2023: This means starting from April 1, 2023, investments in mutual funds…
NIFTY: The NIFTY opened at 17097.40 with a gap down of 54 points. The index initially moved lower but soon found support around 17050 and bounced up. Prices have rallied sharply, filled the gap, and moved further up toward the 17200 resistance. The index faced resistance there and…
View on market: Stay Cautious, be with quality business: Asian markets decline after a technology-driven rally on Wall Street failed to ease the pressure over the banking sector. U.S. investors piled into top technology companies including Apple Inc. and Microsoft Corp. to push the Nasdaq 100 close to…
NIFTY: The NIFTY opened at 17177.45 with a gap up of 70 points. The index could not sustain at the higher levels and started drifting downwards after the opening tick. Prices have recorded its intraday high at 17207.25, saw a down move of almost 100 points, and then…
View on market: Stay Cautious, be with quality business: Asian markets declined following a slump on Wall Street as the Federal Reserve pushed back against bets for interest rate cuts this year while Treasury Secretary Janet Yellen rattled bank shares. U.S. traders got a double dose of stress…
Recommendation PRICE RANGE Target Price Time Horizon Buy ₹ 531 Rs. 670 12 Months Stock Details Market Cap. (Cr.) 2328.68 Equity (Cr.) 45.13 Face Value 10 52 Wk. high/low 612 / 502 BSE Code 543689 NSE Code UNIPARTS Book Value (Rs) 151.94 Industry Auto Ancillaries P/E 11.36 …
NIFTY: The NIFTY opened at 17060.40 with a gap up of 72 points. The index initially moved down, filling the gap but soon found support and started a consolidation process. Prices have recorded its intraday low at 17016 and saw a breakout in the afternoon. The index started…
View on market: Stay Cautious, be with quality business: Asian markets are set to follow U.S. equities higher as concerns over financial stability ease as investors prepare for the Federal Reserve’s interest-rate decision later on Wednesday. Contracts for the S&P 500 were flat after the index advanced 1.3%…