NIFTY: The NIFTY opened at 19674,70 without any gap. The index initially moved lower but found support quickly and turned up after recording its intraday low at 19627. Prices have seen a sharp intraday rally which lasted almost till the end. Prices have seen a consolidation in the…
View on market: Volatility Prevails, Market is searching for better value Stocks in Asia decline as U.S. equities were mixed and bonds climbed after data underscored a gradual deceleration in the U.S. economy, reinforcing speculation the Federal Reserve will end its hiking campaign. Japanese and Australia shares opened…
View on market: Volatility Prevails, Market is searching for better value Asia markets were mixed following further gains for U.S. stocks, while Treasuries pulled back as investors gauged fresh signs of resilience in the world’s largest economy. Share benchmarks in Japan and Australia were slightly lower, while Hong…
View on market: Volatility Prevails, Market is searching for better value Stocks in Asia rose after a surge on Wall Street as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is over. Australia’s equity benchmark rose. South Korean and Japanese markets also opened higher,…
NIFTY: The NIFTY opened at 19457.40 with a gap up of just 14 points. The index moved down in its initial trades for the first five minutes of trading and then started moving sideways. That sideways movement continued for over half the day and eventually broke on the…
Diwali Samvat 2080 Recommendations Company Sector CMP (Rs.) Target (Rs.) Allocation Upside Time Horizon Amara Raja Energy & Mobility Auto Ancillary 620 780 8% 26% 12 months Angel One Finance 2805 3400 8% 21% 12 months Bharat Electronics Engineering 136 160 9% 18% 12 months Cipla Pharmaceuticals 1206…
View on market: Volatility Prevails, Market is searching for better value Stocks in Asia were mixed after a rally in big tech saw the S&P 500 notch up its longest streak of gains in two years. Australian, Japanese and Taiwanese markets were marginally higher while China, South Koream…
NIFTY: The NIFTY opened at 19404.05 with a minor gap down of just 7 points. The index moved down sharply for the first five minutes of trading and then formed a consolidation which eventually broke on the upside. Prices have rallied but could not sustain higher and again…
NIFTY: The NIFTY opened at 19345.85 with a big gap up of 115 points. Prices initially moved sideways, eventually broke on the upside but soon started drifting downward. The decline found support quickly and prices again resumed moving higher. The index continued moving higher till the end with…
View on market: Volatility Prevails, Market is searching for better value Asian stocks opened lower as fresh doubts emerged on whether the Federal Reserve has finished with rate hikes, with Wall Street shares struggling to gain much traction amid a rise in bond yields. Australian stocks opened down.…