NIFTY: The NIFTY opened at 19439.20 with a gap up of 43 points. The index could not sustain at the higher levels and started drifting downwards from its opening tick. Prices have filled the gap and then found support around 19400. The index formed a consolidation that broke…
View on market: Volatility Prevails, Market is searching for better value After U.S. equities surged and Treasury yields dropped as a result of weak economic data supporting the Federal Reserve's decision to suspend interest rate hikes, shares in Asia were expected to rise. In line with a surge…
NIFTY: The NIFTY opened at 19417.10 with a gap up of just 24 points. The index initially moved higher but found resistance before reaching 19450 and started drifting downward. Prices recorded its intraday high at 19443.50 and saw a sharp downside move but then turned around quickly. Soon…
View on market: Volatility Prevails, Market is searching for better value A day after the massive tech rise, Wall Street's risk-on attitude began to wane, and Asian equities futures fell. Futures for Hong Kong shares down 0.5%, those for Australian benchmark shares declined 0.2%, while contracts for Japanese…
NIFTY: The NIFTY opened at 19320.65 with a gap up of just 10 points. The index initially moved higher but found resistance quickly and started drifting downward. A decline found support near the previous day's closing price and then the index started moving higher after recording its intraday…
View on market: Volatility Prevails, Market is searching for better value Tuesday's gains in Asian shares are expected to be driven by a surge in big tech, which in turn helped Wall Street recover. As investors wait for Federal Reserve Chair Jerome Powell to deliver a significant speech…
Creditaccess Grameen Limited NCD Comapny Profile: Creditaccess Grameen Limited is a leading Indian micro-finance institution headquartered in Bengaluru, focused on providing joint liability group loans and micro-loans primarily to women customers predominantly in rural areas in India. According to MFIN India, the company was the largest NBFC-MFI in…
August 21, 2023
THE NIFTY AND NIFTY BANK ENDED THE WEEK ON A NEGATIVE NOTE
NIFTY: The NIFTY opened at 19301.75 with a gap down of 64 points. The index initially moved higher but found resistance quickly and started drifting downward. A decline came which found strong support around 19250 and then prices moved up but soon formed a range. That range broke…