NIFTY: The NIFTY opened at 20108.50 with a gap up of just 12 points. The index initially moved sideways and eventually broke on the downside followed by a sharp intraday decline. The NIFTY opened at 20108.50 with a gap up of just 12 points. The index initially moved…
View on market: Volatility Prevails, Market is searching for better value Before a plethora of economic data from South Korea, China, Japan, and other countries were released, share indexes in the Asia-Pacific area were trading in a varied manner. Asian equities benefited from the U.S. indexes' overnight comeback.…
NIFTY: NIFTY opened at 19976.55 with a gap up of 87 points. The index initially moved higher and then started a consolidation process which eventually broke on the upside. Prices resumed its up and rallied further to cross above the 20000 mark. The index picked up the pace…
View on market: Volatility Prevails, Market is searching for better value Ahead of China's publication of important economic statistics, Asian markets declined, and bond prices increased further on expectations that the US Federal Reserve will decrease interest rates. Later in the day, China is anticipated to issue its…
NIFTY: The NIFTY opened at 19844.65 with a gap up of 50 points. The index initially moved lower for the first hour of trading, found support afterward, and then started a consolidation process. Micro Picture prices have recorded its intraday low at 19800 and eventually broke on the…
View on market: Volatility Prevails, Market is searching for better value The Asia Pacific share indices experienced a varied trading session due to investors evaluating differing perspectives regarding U.S. Federal Reserve officials. According to Bloomberg, Fed Governor Christopher Waller expressed confidence in the recent decline in inflation, suggesting…
NIFTY: The NIFTY opened at 19809.60 without much of a gap. The index initially moved sideways, then broke on the downside, and saw a minor decline for about half an hour. Prices have recorded its intraday high at 19832.85 in its initial trades. The down move found support…
Bharat Forge Limited is one of India’s leading player in the forging industry. The company manufactures and sells forged and machined components and works in a number of industries, such as mining, construction, aerospace & defense, rail & marine, automotive, power, oil and gas, etc. It is India’s…
View on market: Volatility Prevails, Market is searching for better value Asian equities were trading mixed, mirroring the overnight losses of Wall Street counterparts and the drop in crude oil prices due to expectations that the Organization of Petroleum Exporting Countries would continue to reduce production. In a…
NIFTY: The NIFTY opened at 19828.45 with a gap up of just 17 points. Initially, prices have moved higher but soon found intraday resistance and started drifting downwards. The index recorded its intraday high at 19875.15, saw a sharp fall, and gave up all the gains. However, the…