View on market: Stay Cautious, be with quality business: Asian markets are poised for a cautious open as disappointing earnings from some big-tech names after-hours weigh on sentiment following a surge in the U.S. equities during official trading. Australian stocks struggled to gain traction, while futures contracts for…
Result Analysis: Jubilant Foodworks Ltd. (CMP: Rs.456.60) Result Update: Q3FY23 Jubilant FoodWorks Limited (JFL) is India’s largest food service company and is part of the Jubilant Bhartia Group. The Company holds the exclusive master franchise rights from Domino’s Pizza Inc. to develop and operate the Domino’s Pizza brand…
NIFTY: The NIFTY opened at 17811.60 with a big gap up of 149 points. The index initially moved further on the upside towards 18000 but faced resistance before reaching there. Prices have recorded its intraday high at 17972.20, saw a steep fall of more than 500 points, and…
View on market: Stay Cautious, be with quality business: Asian markets open higher as the U.S. shares advanced after the Federal Reserve Chair Jerome Powell said the central bank has made progress in its battle against inflation. The S&P 500 jumped more than 1% after Powell said the…
Result Analysis: Bajaj Finance Limited (CMP: Rs.5756) Result Update: Q3FY23 Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv group, is a non-banking finance company (NBFC) which is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial…
Result Analysis: Larsen & Toubro Limited (CMP: Rs.2114.60) Result Update: Q3FY23 Larsen & Toubro Limited is India’s leading technology, engineering, construction, manufacturing and financial services company. The Company's segments include Infrastructure, which is engaged in engineering and construction of building and factories; Power, which offers solutions for thermal…
Result Analysis: Vedanta Limited (CMP: Rs.319.85) Result Update: Q3FY23 Vedanta Limited, a subsidiary of Vedanta Resources Limited, is a diversified global natural resources company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa and Namibia.…
View on market: Stay Cautious, be with quality business: Asian markets were headed for gains after the U.S. shares ended January on a high note as signs of cooling inflation encouraged risk appetite ahead of the Federal Reserve’s Wednesday meeting. Japanese, Australian and Hong Kong equity benchmarks edged…
NIFTY: The NIFTY opened at 17731.45 with a gap up of 83 points. The index initially moved lower towards 17500 support but soon found intraday support and bounced up. Prices recorded its intraday low at 17537.55 in the first hour of trading and then saw an upside move…