The Indian economy has shown resilience in recent years, despite facing a number of challenges. The Reserve Bank of India has played a key role in supporting the economy, and the economy has a number of strengths, including a young and growing population, a large domestic market, and…
NIFTY: The NIFTY opened at 18665.60 with a gap up of 66 points. The index started a consolidation process after opening higher which lasted till the afternoon. Prices have moved within a narrow range of just 40 points and eventually broke on the upside after recording its intraday…
View on market: Volatility Prevails, Market is searching for better value Asian markets are poised to open lower in the wake of a slide on Wall Street as traders boosted bets on a U.S. rate hike after a surprise increase by the Bank of Canada. Futures for shares…
View on market: Stay Cautious, be with quality business: Asian equity futures pointed to advances around the region on Wednesday, with signs of stimulus in China. A rotation into financial shares on Tuesday suggested the breadth of the S&P 500’s recent rally might extend beyond technology soon. While…
NIFTY: The NIFTY opened at 18612 with a gap up of 78 points. The index initially moved lower but quickly turnaround and started an upside move. Prices saw a mild rally and found resistance around 18650. The index recorded its intraday high at 18640.15 and started a consolidation…
View on market: Stay Cautious, be with quality business: The S&P 500 dropped to session lows as Apple Inc. erased earlier gains in anticipation of a new mixed reality headset. Both tech and energy stocks pared earlier advances that had briefly pushed the S&P 500 20% above an…
Company Recommendation Buy (Rs) Target (Rs) Upside (%) Time Horizon Hero Moto Corp Buy 2893 3460 20% 1 Month ICICI Bank Buy 938 1030 10% 1 Month Larsen & Toubro Buy 2235 2570 15% 1 Month Lupin Buy 816 920 13% 1 Month Mahindra & Mahindra Buy 1341…
View on market: Stay Cautious, be with quality business: Asian markets were poised to climb on Monday after the S&P 500 rose to the cusp of a bull market amid strengthening bets for a Federal Reserve rate pause this month. Oil rallied on a supply cut from Saudi…
Valiant Laboratories Limited IPO Company Details: Valiant Laboratories Limited is a manufacturer of Bulk Drugs and Active Pharmaceutical Ingredients ("API") that specialises in Paracetamol production. Bulk drugs/Active Pharmaceutical Ingredients (API) serve as raw materials for manufacturing finished dosage forms or formulations. The company was originally formed in year…
NIFTY: The NIFTY opened at 18550.85 with a gap up of 65 points. The index could not sustain at the higher levels and started drifting downwards towards 18500.Prices have filled the gap, found support there, and bounced sharply. The index rallied and found resistance near the opening tick.…