October 21, 2022
Diwali Samvat 2079 Recommendation
Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is engaged in the manufacturing and marketing of chemicals, fertilizers and information technology. The chemicals business and Fertilizers business of the company comprises 70% and 28% respectively as of March 2022. Industrial Chemicals business of the company had done extremely well…
View on market: Volatility Prevails, Stay put with quality business Asian equities fell and major currencies appreciated against the dollar in a cautious open to the week after further weakness on Wall Street and a defiant message to the world from China’s Communist Party congress. Stocks declined in…
Capital markets have seen a lot of popularity in India in recent history. Previously, there was a myth that the capital markets are just for the HNI and financial institutions, which used to invest their money in huge amounts. Although it has become popular amongst small investors recently,…
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…