NIFTY: The Nifty opened at 17886.85 with a gap up of 96 points. The index continued the bullish momentum and rallied further on the upside to record its intraday high at 17491.85 a few ticks below the lifetime new highs. Prices then saw a sharp decline, came close…
View on market: Stay Cautious, be with quality business: U.S. equity futures retreated Monday and Asian stocks were mixed amid risks to the pandemic recovery from an energy crunch and the prospect of tighter monetary policy to fight inflation. Shares dropped in Australia and edged up in Japan,…
Adani Enterprises Limited (AEL) is the flagship company of the Adani Group, one of India’s largest business organisations. Over the years, Adani Enterprises has focused on building stellar infrastructural assets contributing to nation-building. Having successfully built unicorns like Adani Transmission, Adani Power, Adani Ports & SEZ, Adani Green…
Key Highlights: The MPC voted unanimously to keep the policy repo rate unchanged at 4%. Reverse repo rate remains unchanged at 35%. The stance remained accommodative, five members voted in favour, while one voted for a change. CRR is maintained at 4% Projection for real GDP growth is…
View on market: Stay Cautious, be with quality business: Asian stocks Friday tracked a Wall Street climb as concerns eased about the U.S. debt ceiling and an energy crunch. Investors are awaiting a key American jobs report and the start of trading in China after a holiday. Japanese…
NIFTY: The Nifty opened at 17810.55 with a big gap up of 164 points. The index first consolidated and recorded its intraday low at 17763.8. That consolidation broke on the upside. Prices have seen an intraday rally of almost 50 points and recorded its intraday high at 17857.55.…
View on market: Stay Cautious, be with quality business: Asian stocks rose Thursday after progress on the U.S. debt-ceiling impasse lifted equities on Wall Street. Shares advanced in Japan, Australia and South Korea, while U.S. futures also climbed. The S&P 500 and Nasdaq 100 erased losses of more…
NIFTY: The Nifty opened at 17861.50 with a gap up of 39 points. The index first consolidated for the first half of trading and recorded its intraday high at 17884.60. In the second half, prices broke down from the consolidation and started a downside move. That move continued…
NIFTY: Nifty opened with negative bias due to global market but did not sustain at lower levels and got back into positive territory in the second half and closed at 17822 with a gain of almost one percent up. On the sectoral front , IT, oil&gas, banking were…
View on market: Stay Cautious, be with quality business: Asian stocks rose Wednesday after U.S. equities rebounded as traders weigh the resilience of the economic recovery to elevated inflation fanned by surging energy costs. Treasury yields advanced and the dollar held a climb. Shares rose in Japan and…
