NIFTY: Nifty opened at 15747.75 with a gap down of 116 points. The index first moved up, filled the gap, and then found resistance around 15900. Prices have started moving down after that and recorded its intraday low at 15671.45. The index then consolidated about one and half…
View on market: Stay Cautious, be with quality business: Asian shares and U.S. equity futures stabilised Wednesday after U.S. and U.K. banned Russian oil imports. Shares rose in Japan and Australia. European contracts gained while U.S. contracts fluctuated as global markets remained volatile. The S&P 500 closed lower,…
NIFTY: Nifty opened at 15867.95 wit ha big gap down of 378 points. Initial prices moved down and then up to record its intraday high at 15944.60. The rally fizzled out quickly and prices have again moved down. The decline was very sharp and the index recorded its…
View on market: Stay Cautious, be with quality business: Asian stocks extended their decline Tuesday amid surging oil prices, as concerns that commodity costs will fan inflation and choke economic expansion intensified. Equities retreated in Japan, Australia and South Korea. U.S. futures were volatile after the S&P 500…
View on market: Stay Cautious, be with quality business: Stocks and U.S. equity futures fell Monday, as higher prices threatened to stall global growth and trigger inflation shock in the economy. Oil soared on the prospect of a ban on Russian crude supplies. Havens including sovereign bonds rallied,…
Indian Market Outlook: The Key benchmark indices fell over 2 percent during the week led by escalation of Russia and Ukraine War, continuous FII Selling and rising crude Oil prices. Nifty ended the week with 2.48 percent lower at 16245.35 points while the Sensex ended with 2.73 percent…
NIFTY: Nifty opened at 16339.45 with a big gap down of 159 points. Initial prices continued moving lower another 200 points and recorded its intraday low at 16133.80. Prices bounced up from there, saw a sharp rally of more than 300 points, and recorded its intraday high at…
View on market: Stay Cautious, be with quality business: Stocks and futures sank and havens including sovereign bonds jumped Friday, on reports that a major nuclear power plant is on fire in Ukraine after shelling by Russian troops. Japan led losses in an Asian equity gauge, S&P 500…
NIFTY: Nifty opened at 16723.20 wit ha gap up of 118 points. Initial prices moved higher but the rally did not sustain lo ng as prices have moved down after recording its intraday high at 16768.95. The index drifted downwards, filled the up gap very quickly, and kept…
Recommendation CMP Target Price Time Horizon Accumulate Rs. 685 Rs. 905 12 Months Tata Consumer Products own the well-loved brands - Tata Tea, Tetley, Tata Salt, Eight O’Clock Coffee, Himalayan Water and emerging brands like Tata Sampann, Tata Soulfull, Tata Gluco Plus and Tata Water Plus. It has…
