NIFTY: The NIFTY opened at 17659.65 without much of a gap. The index initially went down almost 60 points found support around 17600 and recorded its intraday low at 17597.85. Prices then bounced sharply from 17600, recovered all the losses in the morning, and went above 17700. The…
NIFTY: The NIFTY opened at 17711.65 with a big gap of 177 points. The index did not move up and started drifting downwards after recording its intraday high at 17719.30. The decline was mild and the momentum was fragile but prices did not see any recovery. The index…
Syrma SGS Technology Limited IPO Company Profile : Syrma SGS Technology is a Chennai based engineering and design company engaged in turnkey electronics manufacturing services (EMS). It is specialised in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries. Company produces…
NIFTY: Nifty opened at 16530.70 with a gap down of 54 points. The index initially went up but failed to sustain and resume its bearishness to record its intraday low at 16444.55.Prices have found strong support there, bounced up and then started a process of consolidation. The…
NIFTY: Nifty opened at 16761.65 with a big gap up of 133 points. The index initially consolidated for the first 15 minutes of trading and recorded its intraday high at 16793.85.Prices broke on the downside and started drifting downwards. An attempt to recover failed measurably and prices…
Aether Industries Limited IPO Company Profile : Aether Industries is the largest manufacturer in the world for four products (4MEP, T2E, NODG, HEEP) in CY 2020 and sole manufacturer in India for 7 products (4MEP, T2E, OTBN, NODG, DVL, BFA, MMBC) which were historically imported from China into…
Borosil Renewables Limited manufactures glass products. The Company offers industrial, pharmaceutical, and volumetric glassware products. Borosil Renewables offers bottles, burette, pipettes, flasks, condensers, ground joints, extractors, and other related products. Company BORORENEW Recommendation Buy (at CMP) SL Rs.750 Target Price Rs.850-Rs.880 CMP Rs.782 Time Horizon 4-6 Weeks…
NIFTY: Nifty opened at 17242.75 wit ha gap down of 150 points. The index first consolidated for about one and half hours and then breakout higher. A rally brought prices to its intraday high at 17315.30 and then found strong resistance there. The index again consolidated about…
View on market: Stay Cautious, be with quality business: Global stocks declined Friday after registering the worst quarter since the pandemic bear market, amid concerns over a tightening Fed monetary policy and Russia’s war in Ukraine. Japanese equities fell, while S&P 500 and Nasdaq 100 futures rose. Oil…