View on market: Stay Cautious, be with quality business: Asian stocks started October on the back foot, after their U.S. peers capped their biggest monthly selloff since March 2020 with further losses. Shares dropped in Japan and Australia, while U.S. futures fluctuated in early Asia trading. China begins…
October 1, 2021
Morning Outlook 1st October 2021
NIFTY: The Nifty opened at 17718.9 without much of a gap. Prices have moved very volatile in the first half and remained range bound. In this process prices have recorded its intraday high at 17742.15. The consolidation broke on the downside in the afternoon and prices have seen…
Company Recommendation CMP (Rs)/Acc. Target (Rs) Upside (%) Time Horizon ONGC Buy 144.3 160 11% 1Month State Bank of India Buy 453 520 15% 1Month Birla Corporation Buy 1421 1520 7% 1Month National Aluminium Buy 93.55 105 12% 1Month Coromandel International Buy 794.85 920 16% 1Month Rallis India…
View on market: Stay Cautious, be with quality business: Asian stocks were off to a muted start after U.S. equities pared most of their gains as a rally in technology shares petered out. Japan was little changed as the ruling party’s new leader, who is set to become…
September 30, 2021
Morning Outlook 30th September 2021
NIFTY: The Nifty opened at 17657.95 with a gap down of 91 points. The index moved sideways and traded in a narrow consolidation in the first half. Prices have recorded its intraday low at 17608.15. That consolidation broke on the upside in the second half and prices have…
View on market: Stay Cautious, be with quality business: Asia stocks fell at the open Wednesday after U.S. stocks saw their worst day since May and bond yields spiked on concerns about inflation. Treasuries added to a decline. Equities fell in Japan, Australia and South Korea as mounting…
September 29, 2021
Morning Outlook 29th September 2021
NIFTY: The nifty opened at 17906.45 with a gap up of 51 points. The index did not sustain there and started drifting downwards after recording its intraday high at 17912.85. A sharper down move came in the afternoon and the index recorded its intraday low at 17576.10. After…
IPO-Note Aditya Birla Sun life AMC Limited Rs 695- Rs 712 per Equity share Recommendation: Subscribe Company Profile: - Aditya Birla sun life AMC is a joint venture between Aditya Birla Capital Limited (ABCL) and Sun Life AMC. Aditya Birla Sun Life AMC Ltd, is the fourth largest…
Recommendation CMP Target Price Time Horizon Accumulate Rs. 560.50 Rs. 746 9-12 Months Sona Blw Precision Forgings Ltd. is a automotive technology company based in Insia. The Company is engaged in designing, manufacturing and supplying engineered automotive systems and components. The company offers products, including differential assembles differential…
View on market: Stay Cautious, be with quality business: Asia stocks fell on Tuesday after a jump in Treasury yields as investors priced in the start of Federal Reserve tapering and elevated energy prices. The dollar edged up. MSCI Inc.’s index of Asia Pacific stocks snapped a three-day…