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.…
View on market: Volatility Prevails, Market is searching for better value Shares in Asia advanced after Friday’s rally in U.S. stocks as investors gave further credence to the idea interest rates are near the cycle peak. Equities rose in Australia, South Korea and Japan. Contracts for share benchmarks…
NIFTY: The NIFTY opened at 19241 with a big gap up of 108 points. Prices initially moved sideways and then started moving up but found resistance very quickly just below 19300. Prices could not break higher and started moving downward after recording its intraday high at 19276.25. Prices…
Info Edge (India) Limited, is one of India’s largest technology company which operates in various businesses such as recruitment, real estate, matrimoney and others. With over 80% of the online recruitment market held by its flagship brand, Naukri.com, the company operates in the online recruitment market. Other businesses…
Company Recommendation Buy (Rs) Target (Rs) Upside (%) Time Horizon Avenue Supermarkets Ltd. Buy 3,647 4,100 12% 1 Month Bharat Electronics Ltd. Buy 135 150 11% 1 Month Cipla Ltd. Buy 1,209 1,300 8% 1 Month ICICI Bank Ltd. Buy 920 1,003 9% 1 Month Indian Hotels Co…
NIFTY: The NIFTY opened at 19120 with a big gap up of 131 points. Prices continued its early morning bullish momentum and started moving higher but soon found resistance. The index recorded its intraday high at 19175.25 and saw a sharp intraday decline. However, the gap was not…
View on market: Volatility Prevails, Market is searching for better value Shares in Asia advanced after further gains for U.S. stocks as investors adjusted to the prospect the Federal Reserve may be done with rate hikes. Australian and South Korean equities opened higher. Contracts for shares in Hong…
NIFTY: The NIFTY opened at 19064.05 with a gap down of just 15 points. Prices initially moved sideways and then broke the range on the downside after recording its intraday high at 19096.05. The index has seen a sharp fall and then started a consolidation again. The range…
View on market: Volatility Prevails, Market is searching for better value Shares in Asia advanced following gains in U.S. stocks and bonds as the Federal Reserve held interest rates unchanged, bolstering hopes the rate-hiking cycle may be over. Australian, South Korean and Japanese shares opened higher and equity…