NIFTY: The NIFTY opened at 19787.50 with a gap up of 76 points. The index initially moved lower but quickly turned around and rallied to find resistance just above 17800.Prices recorded its intraday high at 19819.45, formed a range, and eventually broke on the downside. The Index then…
View on market: Volatility Prevails, Market is searching for better value Equity markets in Asia are poised for a mixed open as China’s growth concerns continued to weigh on markets even as stocks extended their rally in the U.S. Futures for benchmarks in Australia and Japan rose, while…
Result Analysis: LTIMindtree Limited (CMP: Rs.5133.95) Result Update: Q1FY24 LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree…
Power Finance Corporation NCD Company Profile: Power Finance Corporation Ltd. (P.F.C.) is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India. It was founded in 1986 and serves as the financial foundation of the Indian power industry. PFC has a…
Result Analysis: HDFC bank (CMP: Rs.1679.20) Result Update: Q1FY24 HDFC Bank Ltd. is India’s leading private bank with banking network of 7,860 branches and 20,352 ATMs in 3,825 cities/towns. It offers a wide range of commercial and transactional banking services and treasury products to wholesale and retail customers.…
July 18, 2023
A SHARP INTRADAY RALLY IN THE NIFTY, NIFTY BANK
NIFTY: The NIFTY opened at 19612.15 with a gap up of 48 points. The index initially moved lower and filled the gap. However, prices found support there and bounced up quickly. Prices recorded its intraday low at 19562.95 within the first 15 minutes of trading, saw a sharp…
View on market: Volatility Prevails, Market is searching for better value Asian markets are set to edge lower, despite gains on Wall Street, as China’s sluggish economic recovery triggered growth forecast cuts and a warning from U.S. Treasury Secretary Janet Yellen that it could cause ripple effects across…
View on market: Volatility Prevails, Market is searching for better value Asian shares face headwinds Monday after the rally in U.S. bonds and stocks hit a wall Friday amid concern that the Federal Reserve can’t claim victory over inflation yet. Equity futures for Australia were little changed while…
NIFTY: The NIFTY opened at 19493.45 with a gap up of 80 points. The index could not sustain at the higher levels and started drifting downwards from the opening tick. Prices have filled the gap and then found support around yesterday's closing price. The index then moved up…
